About company
At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether were supporting our customersfinancial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly striving to uphold our powerful backing promise to our customers and each other every day.
Important Details :
- Location : Gurugram
- No of Vacancies:01
- Details of Salary:Not Disclosed
- Mode of application :Online
- Qualification:CA,Any Graduate
- Role:Financial Analyst
- Experience:01-04 years
Job description
- These quarterly/monthly filings report certain financial and non-financial information in accordance with the applicable Federal Reserve and other authoritative guidance at both the Consolidated American Express Co. and at the subsidiary legal entity levels
Critical Factors to Success
- Treasury function s accounting understanding, and systems knowledge.
- Experience of interpreting and documenting Liquidity Reporting Management (LRM) rules and FED instructions
- AXP s treasury operations and process flow knowledge
- Should have problem solving, planning and analytical skills to facilitate and focus on continuous improvement and innovation. Project management skills and experience will be distinct advantage.
- Should have strong results orientation, project management, collaboration, and co-ordination abilities. Should be selfdriven, self-motivated and have eye for detail.
- Follow the established controls and checks to ensure integrity of the information collected including documenting process/entity specific knowledge.
- Collaborate with multiple partners across Controllership, Business Unit and other organizations to source information and deliver on customer expectations.
- Put enterprise thinking first, connect the role s agenda to enterprise priorities and balance the needs of customers, partners, colleagues shareholders.
- Lead with an external perspective, challenge status quo and bring continuous innovation to our existing offerings.
- Demonstrate learning agility, make decisions quickly and with the highest level of integrity
- Lead with a digital mindset and deliver the world s best customer experiences every day
Responsibilities-
- This position will be a part of the Financial Reporting Cluster. It will primarily support the External Reporting function and will be part of Regulatory Reporting team. The job would entail the following activities:
- Participate in Project Fast Forward, Bank Category Change Readiness from Category IV to Category III/II bank.
- Engage with multiple stakeholders to understanding/interpret and implement bank category changes
- Coordinate in implementing the change on automated platform R2CE (Regulatory Reporting Calculation Engine)
- Participate in senior leadership progress updates
- Preparation of Bank Holding Company regulatory filings (e.g., FR 2052a, FFIEC-031 Call report etc.) to the United States Federal Reserve Bank of New York (Federal Reserve) and assist in preparation of related reports as required.
- The incumbent will have the opportunity to gain a rewarding experience in the highly visible and critical area of regulatory reporting for American Express.
- The individual will be exposed to American Express systems processes and will work with several internal external groups outside of Controllership/ Finance (including senior leaders of the Company) during the course of these filings.
- This is a unique opportunity to lead end to end preparation and filing of the FRB reports for the company.
- Ensuring report compliance with Federal Reserve and other regulatory reporting requirements, the Company s internal review procedures and all other applicable policies and procedures.
- Supporting projects to transform the preparation of regulatory reports, including automation and simplification.
- Supporting the Managers and Director in responding to inquiries of (i) Federal Reserve; (ii) GCO; and (iii) other regulatory related inquiries.
- Supporting the Managers and Director in implementation of analytical and reporting processes, procedures and systems using the Company s control framework.
This role may be subject to additional background verification checks.
Past Experience
- US GAAP knowledge experience
- Regulatory/ external reporting experience is preferable.
- Exposure Liquidity reporting, NSFR or LCR and other Treasury functions will be a plus.
Academic Background
At least 3+ years experience in Accounting/Reporting
-Chartered Accountant/CPA preferred
-Prior experience with U.S. regulatory/SEC reporting or public accounting a plus.
Functional Skills/Capabilities:
- Must have good communication and interpersonal skills and be able to interact independently with senior business partners / customers etc.
- Reporting and analysis experience will be an advantage. Familiarity with US GAAP and financial accounting experience is preferred.
- Self-driven, team player, have analytical skills and inclination for process improvement.
- For an internal candidate, knowledge of company policies, businesses, finance processes and systems is desirable
- Understanding of financial domain and AXP systems
Technical Skills
- Able to understand and enhance the control environment around the filings.
- Strong analytical and problem-solving skills. Quick learner.
- Must be proficient in MS Applications such as Excel, PowerPoint, and Word.
- The incumbent should be tenured for a minimum of 18 months at Band 30 as on the date of application deadline.
- The incumbent should have a performance rating of G2L2 or better in the last review Good analytical skills and inclination of process improvement.
Knowledge of Platforms
Oracle, Essbase, RRD architecture
- Competitive base salaries
- Bonus incentives
- Support for financial-well-being and retirement
- Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
- Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
- Generous paid parental leave policies (depending on your location)
- Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
- Free and confidential counseling support through our Healthy Minds program
- Career development and training opportunities