Amex | Analyst – Network Policy & Process | Gurugram | Bharat | BigDataKB.com | 13 Oct 2022

Job Location: Gurugram

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Analyst – GMNS Operational Excellence
The Global Merchant and Network Services Group brings together all of the American Express businesses that serve our key partners โ€“ merchants, banks, and strategic partners โ€“ to enable a sharp focus on using the power of our network to provide unique value to all of our mutual customers. The objective of the GMNS Operational Excellence team is to drive risk-based decisioning and management of control and compliance objectives to support business priorities while promoting a strong risk culture. To that end, the team is be responsible for developing and improving testing and monitoring strategies and capabilities for the GMNS business, with a strong focus on driving automation. The role will also support core operational risk activities by developing improved reporting and insights to drive valuable insights and effective risk mitigation strategies. The position requires the ability to support global initiatives and participate in special projects across multiple regions and time zones.
Responsibilities:
The Analyst, GMNS – Operational Excellence – Monitoring & Testing, will be responsible for developing and improving testing and monitoring strategies and capabilities for the GMNS business, with a strong focus on driving automation. The role will also support core operational risk activities by developing improved reporting and insights to drive valuable insights and effective risk mitigation strategies. The position requires the ability to support global initiatives and participate in special projects across multiple regions and time zones.
  • Partner closely with the GMNS business and stakeholders to implement enhanced and automated Business Self-Testing (BST) programs across critical areas like Sales Practices, Conduct Risk, KYC/AML, and Complaints Insights.
  • Identify process improvements and implement prevention strategies to mitigate operational risk in close partnership with the broader Operational Excellence team and GMNS teams
  • Perform advanced data analytics to identify trends, composition, leading indicators, and outlook in operational risk
  • Leverage unstructured data sources to identify potential process breakdowns and opportunities area
  • Understand critical business processes, conduct data analysis, and will develop Key Risk Indicators (KRIs) for automation, near real-time risk monitoring leveraging Enterprise capabilities like Smart Monitoring
  • Monitor KRIs and trends to identify areas of potential emerging risks.
  • Drive risk assessments on high priority/high risk processes to identify control enhancement opportunities.
  • Support Regulatory Reporting/Insights and manage GMS-specific requirements.
  • Create recurring, consistent leadership Control and Compliance reporting and insights.
  • Uplift root cause analysis framework and create enhanced analytics and insights.
  • Continually improve operational risk processes to support sustainable business growth and inform risk-based decision making.
  • Provide support for targeted projects advised at improving the control environment, mitigating, and remediating risk.
Qualifications:
  • 3-4+ year of experience with data-driven analytics
  • Preferred experience in financial services, risk management, internal control
  • Preferred Postgraduate degree in Statistics/Mathematics/Economics/Engineering/Management
  • Knowledge of risk management and key risk metrics
  • Strong proven understanding of MS-Excel and Tableau. Ability to handle sophisticated data incl. unstructured data using programming languages such as SAS, SQL, Python or another similar programming language
  • Should be a person with strong analytical thinking and skills who can undertake below steps independently:
  • Identify problems/opportunities at hand
  • Gather information on process flows, data, systems, and related losses/events
  • Develop hypothesis to opportunities/problems identified
  • Use data analytics to prove your hypothesis, identify root cause (if applicable) and size the opportunities/problems (if applicable)
  • Draw conclusion based on analysis conducted
  • Be able to solve business problems in complex and unstructured environment
  • Highly detail oriented
  • Team player with strong communication skills, and ability to develop relationships with colleagues.
  • Self-motivated with the ability to operate independently and handle multiple workstreams and ad-hoc tasks simultaneously.
  • Experience compiling information and developing thoughtful material for presentation.
  • Understanding of the merchant business, related regulatory landscape, and emerging trends/models is preferred
  • Knowledge of operational risk concepts and programs, balanced with the ability to drive assessment of risks against effective controls and tests.
  • Proven ability to adjust quickly to shifting priorities, multiple demands, ambiguity, and rapid change.
  • Problem solver and agile decision-maker with solid analytical skills.
Technical Skills and Platform Knowledge:
  • Expertise in MS- Excel, Tableau, HIVE, SQL and / or SAS
  • Application of statistical techniques preferred
  • Knowledge of Hadoop, Big Data, Python, Cornerstone preferred
  • Preferred experience with COSMOS/Tableau/Archer/SharePoint

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.




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