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How we serve our customers is constantly evolving and is a challenge we gladly accept. Whether you’re finding new ways to prevent identity fraud or enabling customers to start a new business, you can work with one of the most valuable data sets in the world to identify insights and actions that can have a meaningful impact on our customers and our business. And, with opportunities to learn from leaders who have defined the course of our industry, you can grow your career and define your own path. Find your place in risk and analytics on #TeamAmex.
The Operational Risk Management (ORM) team facilitates and monitors the implementation of effective operational risk management programs throughout the organization, and oversees risk ownership throughout business units, products, and processes. The objective of the ORM Issues & Events team is to define and maintain the issues and events frameworks and programs across the enterprise.
ORM is looking for a Senior Analyst of operational loss events (OREs) to be a key part of a diverse team of high-performing professionals focused on ensuring effective operational risk management is embedded in the day-to-day operations of our organization. It will involve extensive collaboration with multiple partners across numerous business units, functional areas, and geographies.
How will you make an impact in this role?
The Senior Analyst, Losses / Risk Events will:
- Ensure the accurate classification, reporting and escalation of OREs incurred by Amex
- Ensure that loss reporting aligns with regulatory standards (CCAR, Basel, etc.)
- Validate the first line’s loss data including root causes and adequacy of remediation efforts and identify issues that require second line challenge
- Ensure appropriate financial impact analysis is conducted by the first line and reported to senior management and regulators.
- Identify loss trends for actionable insights and suggest potential KRIs, metrics, etc.
- Support and document scenario analysis, stress testing and planning processes
- Ensure processes for reporting to internal stakeholders, committees and regulatory bodies etc. are maintained and improved
- Leverage technology appropriately to support the ORE framework
Qualifications
- Experience in operational risk management (e.g., within Risk and/or Internal Audit function) and critical operational risk management lifecycle activities
- Experience in operational loss event capture, classification, reporting and root cause analysis; external loss analysis; regulatory reporting; scenario analysis and stress testing
- 1-3 years of experience of working within regulatory frameworks for systemically important banks (e.g., Basel II, Basel III)
- Strong analytical and problem-solving skills, with an ability to analyze data and identify trends
- Strong project management skills
- Strong communication and interpersonal skills, with an ability to interact with all colleague levels
- Understanding of the importance of high-quality processes, continuous improvement and best practices
ORMCM