Manager, Financial Intelligence Unit – Monitoring Rule Development Team

Job description

American Express' Financial Intelligence Unit (FIU) is responsible for the end-to-end suspicious activity reporting process, which entails monitoring for, investigating, and, when appropriate, reporting suspicious activity. As part of this process, the FIU develops and implements automated transaction monitoring rules, reports, and other processes designed to identify activity potentially indicative of criminal behavior; investigates potentially suspicious financial activity; and, when appropriate, files suspicious activity reports (SARs) with the Financial Crimes Enforcement Network (FinCEN), part of the U.S. Department of the Treasury, and/or refers matters to our compliance partners for review and reporting globally. The FIU performs a critical role in ensuring that American Express complies with the Bank Secrecy and USA PATRIOT Acts and provides law enforcement with key information for the investigation and prosecution of money laundering and terrorist financing, credit card fraud, identity theft, and other criminal activity.

The Monitoring Rule Development Team (MRDT) is responsible for developing, implementing, and maintaining enterprise- and market-level inputs to AXP's suspicious activity reporting process, designed to detect potential criminal misuse of American Express products and services.

The primary responsibilities for a Manager on the MRDT will include:

· Identifying and assessing potential money-laundering risks and behaviors associated with American Express products and services
· Developing and calibrating transaction monitoring rules to detect those behaviors
· Managing a team of analysts that will test and provide feedback on proposed and existing rules

Desired profile

·  2+ years of work experience in BSA-AML compliance/risk management
·  Experience conducting quantitative and statistical data analysis and modeling
·  Ability to withstand regulatory scrutiny
·  Ability to draft advocacy memoranda documenting the various stages in the rule development process
·  Bachelor's degree preferred

Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for this position.