Analyst - Risk Management(Regulatory Reporting) Job in Gurgaon at American Express

American Express is hiring for the role of Analyst - Risk Management (Regulatory Reporting)!

Responsibilities of the Candidate:

• As testing will traverse products and systems across American Express, this analyst will develop a risk-based approach to determine the prioritization and cadence of reviews for transaction testing of regulatory reports via comprehensive test plans, test cases and test scripts for transaction testing based on the regulatory reports, products and systems, considering applicable regulatory requirements and internal American Express Policies.
• Support risk mitigation strategies by identifying, evaluating and prioritizing data risks to develop tailored testing methodologies aligned to regulatory reporting processes and underlying transaction data complexity.
• Analyze large datasets to identify discrepancies, anomalies, and gaps in reported values by performing validations against source systems/points of origin.
• Implement transaction testing across regulatory reports to further validate the accuracy and completeness of reported values against the points of origin.  
• Design and prepare 2LoD transaction testing review reports summarizing the approach, testing methodology and outcomes, inclusive of findings, if any.
• Document testing processes outcomes - including issues, results and overall accuracy. Contribute to detailed transaction testing across various card products and systems to validate data feeding into regulatory reports.
• Prepare and report updates on transaction testing and identified data risks to senior management.  
• Perform data management controls testing across regulatory reports to validate overall control design, operational effectiveness and coverage.  
• Stay abreast of changes in banking regulations and reporting requirements (e.g., FFIEC, FRB, OCC, FDIC) to ensure transaction testing aligns with current mandates, regulations, industry standards, emerging trends and overall best practices.

Requirements:

• Degree in Finance, Accounting, Business Administration, Risk Management, or other related discipline is required. 
• 2-3 years of experience in regulatory reporting team, audit, compliance or risk management within the banking or financial services industry.
• Demonstrated experience in transaction testing, data validation, and analysis is preferred
• Knowledge, experience, or familiarity in regulatory reporting (FR2052a, FRY15, FRY9C, FRY14 etc.), audit, US GAAP and financial accounting is preferred. 
• Proficient in using data analysis tools (e.g., Excel, SQL), and knowledge of database systems.
• Strong analytical, problem-solving, and critical thinking skills are important.  
• Adept verbal and written communication skills, including the ability to explain complex problems and ideas clearly and succinctly to senior management.
• Effectively manage multiple, and often conflicting, priorities under tight timeframes and adapt to frequent change.