Analyst-Compliance; Control Testing

Global Sanctions is responsible for developing and maintaining an effective, risk-based enterprise-wide sanctions program that focuses on; establishing minimum standards, overseeing effective screening processes, completing the Sanctions Risk Assessment, developing and administering training, providing reporting and key risk indicators, and serving as the Subject Matter Experts to support all business and compliance teams. 

Working closely with the Global Sanctions Risk & Control Assessment and Remediation Manager, the Control Testing lead within Global Sanctions will be responsible for ensuring Sanctions risk is mitigated via the Risk/Control framework across the Enterprise & within Global Sanctions led processes. Serving as the lead for Sanctions requirements within Operation Risk methods ensures a strong control environment.

Responsibilities:

• Independently test controls owned by Global Sanctions, acting as the liaison to the Issue Management Supervisory Forum ("IMSF"), to verify the strength of risk mitigation. 

• Work closely with business unit Control Management teams to ensure 1st line controls are properly mitigating Sanctions Risk. 

• Working with Global Sanctions; identify, build, and document controls mitigating risk for Global Sanctions owned processes.

• Support Sanctions GCO on Mandate and Requirement mapping in GLI/BUAM driving control needs.

• Partner with Product Owner and Technology teams to compete certain model validation. requirements to ensure the models supporting Sanctions    processes are functioning properly. 

• Develop and oversee reporting to ensure all model requirements are consistently meeting thresholds as defined within model documentation.

• Oversight of non-Model Tools, such as Alert Closure Automation.

• Support development and oversight of Smart Monitoring KRIs linking appropriately to RRSA.

• Partner with GFCC Issue Management team to support the remediation activities for all events tagged with Sanctions impact.

• Support 1st line teams with subject matter expertise on activities/controls to support risk reduction for event resolution.

• Coordinate resolution activities for all Global Sanctions-owned events.

• Support Risk Assessment team with SME knowledge for risk assessment question enhancements

• Partner with Risk Assessment team on escalation and remediation activities as a result of Risk Assessment results

Minimum Qualification:

• Significant understanding in US and International Sanctions regulations and requirements 
• Ability to manage multiple tasks, take on additional responsibilities, and prioritize work in a deadline-intensive environment
• Ability to work independently/with minimal oversight
• Ability to work on multiple work streams across multiple business lines at the same time
• Ability to operate in a complex matrix environment
• Strong people-leadership skills with the ability to motivate, engage and influence
• Support business initiatives by building and maintaining strong relationships with peers and key partners outside of the compliance organization 
• Excellent communication skills, both written and verbal
• Excellent problem-solving and organizational skills
• Excellent attention to detail
• Strong personal integrity and work ethic
• Strong computer knowledge; excellent MS Word, Excel, Visio, and PowerPoint skills
• Must be self-motivated, dependable, adaptable and detail oriented with a proven ability to work independently or within a team environment. 

Experience:

• 2+ years of Financial Crimes (Sanctions) experience preferred
• Experience in Risk, Control, Self-Assessment (RCSA)/ Risk Assessment preferred
• Project management experience
• Bachelor’s degree and/or relevant professional qualification preferred (Law Degree, Compliance/AML Diploma, CAMS Certification with a Legal/Compliance/Control/Auditing background)

Employment eligibility to work with American Express in the United States is required as the company will not pursue visa sponsorship for these positions. 

At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. From delivering differentiated products to providing world-class customer service, we operate with a strong risk mindset, ensuring we continue to uphold our brand promise of trust, security, and service.

As part of Team Amex, you’ll experience our powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career. Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.

We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

• Competitive base salaries
• Bonus incentives
• 6% Company Match on retirement savings plan
• Free financial coaching and financial well-being support
• Comprehensive medical, dental, vision, life insurance, and disability benefits
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
• 20+ weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy
• 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

For a full list of Team Amex benefits, visit our Colleague Benefits Site.