Analyst-Compliance

Job description

Responsibilities:

· Developing and maintaining an effective Compliance program to ensure a best in class Compliance culture within American Express Banking Corp. (AEBC).

· Ensure that functioning of AEBC is carried out in consonance with the Compliance standards set forth by AEBC and the Sales staff understands the significance of Anti Money Laundering (AML) and other regulatory norms as well as their accountability to comply with those while performing their duties.

· Providing advice and guidance on compliance issues to business units and any other outsourced vendors within the market in a manner consistent with all local directives, circulars, and communications.

· Maintaining control on collation, completion and filing of Suspicious Activity Reports (SARs) escalated to Compliance with authorities as appropriate.

· Track for timely resolution of open SARs in coordination with Corporate Security / Internal Audit Group (IAG) as applicable.

· Supporting the Market Compliance Office (MCO) in closing out the identified gaps and resolving outstanding compliance issues.

· Developing and executing a compliance training program for AEBC with specific focus on consumer card acquisitions and related practices.

· Assist management in promoting staff awareness of compliance requirements, in partnership with designated Compliance Champions.

· Ensuring compliance-training programs in AEBC are updated as required, attendance is tracked and that all employees are scheduled for appropriate training as per the market Compliance program.

· Conduct periodic classroom training session based on an Annual compliance training plan and such other topics as decided by the Compliance & Ethics group from time to time.

· Maintaining working knowledge of relevant legal and regulatory requirements.

· Ensure that business activities are aligned to American Express Company compliance program and local regulations in local market.Prepare regular Compliance updates for the Bank's governance committees.

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.

Desired profile

Qualifications :
·  Strong verbal and written communications skills.
·  Good knowledge of AML Laws and practices.
·  Strong problem solving and analytical skills including the ability to conceptualize and break down complex issues into actionable tasks.
·  Ability to address large groups and conduct training.
·  Ability to work independently and as a team. High standard of integrity.
·  Working knowledge of MS Word, Excel, Powerpoint is a must.
·  Good academic qualification with experience in compliance, audit or legal would be an advantage.
·  Prior experience in a control / support function would be given preference. Fair knowledge of the Card industry and its business practices with good understanding of end to end front office and Back office activities.