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. As part of Team Amex, you'll experience this 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.
Function Description
The Regulatory Reporting team delivers Bank Holding Company regulatory reports in accordance with Federal Reserve requirements for American Express Company and its subsidiaries. We perform independent processes to prepare, review and analyze financial information with a key focus on control and compliance and addressing new Federal Reserve requirements, including new reports. We work extensively with our own market financial controllers, subject matter experts, General Counsels Office, technology partners, and external regulators. The team is committed to talent development, work / life balance, and timely recognition of team members. This role may be subject to additional background verification checks.
Responsibilities-
This position will be a part of the Financial Reporting Cluster. It will primarily support the External Reporting function and will be part of Regulatory Reporting team. The job would entail the following activities:
Preparing the regulatory filing and supporting documentation/schedules.
Ensuring report compliance with Federal Reserve and other regulatory reporting requirements, the Companys internal review procedures and all other applicable policies and procedures.
Supporting projects to transform the preparation of regulatory reports, including automation and simplificatons.
Supporting the Managers and Director in responding to inquiries of (i) Federal Reserve; (ii) GCO; and (iii) other regulatory related inquiries.
Supporting the Managers and Director in implementation of analytical and reporting processes, procedures and systems using the Companys control framework. Coordinating with various Subject Matter Experts and Global Reporting leaders.
Displaying thought leadership and supporting work/life balance initiatives.
This role may be subject to additional background verification checks.
Shift timings- 11AM to 7:30PM
Purpose of the Role
These quarterly/monthly filings report certain financial and non-financial information in accordance with the applicable Federal Reserve and other authoritative guidance at both the Consolidated American Express Co. and at the subsidiary legal entity levels. Visit http://www.federalreserve.gov/reportforms/default.com for more information on these filings.
Critical Factors to Success
Past Experience
Academic Background
Functional Skills/Capabilities:
Technical Skills:
Knowledge of Platforms:
Behavioral areas
We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:
American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law. Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.
Keyskills: Financial Statements Regulatory Reporting US GAAP