Transaction Monitoring Coverage Assessment Manager

The American Express Global Financial Crimes Compliance (GFCC) function provides second-line policy, framework, oversight, and control solutions to meet the Company's legal, regulatory, and risk management obligations related to Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), Sanctions, and Anti-Bribery and Corruption. The GFCC portfolio spans all aspects of the Company's first- and second-line Financial Crimes Risk Management (FCRM) activities across U.S. and global proprietary and non-proprietary businesses.

The manager will oversee the assessment of American Express products and services for financial crime. Research includes consulting vast published regulatory and industry sources to compile a list of red flags and typologies.  This will be used to determine what Transaction Monitoring coverage is required for all American Express products and services.  The final Coverage Assessment will provide a roadmap for future rule development and prioritization with tracking as rules are developed.

How will you make an impact in this role?

• Oversee the Transaction Monitoring Coverage Assessment process holistically and lead the analysts that work on that process to ensure that all AMEX products are subject to appropriate transaction monitoring
• Build and maintain relationships with Market Compliance teams and GFCC Leadership to maintain and improve the Enterprise Transaction Monitoring Assessment process
• Research financial crimes transaction monitoring requirements and best practices from global regulatory and industry sources to ensure that AMEX meets its regulatory obligations
• Draft, proofread, and finalize detailed business memos describing transaction monitoring research and conclusions
• Track and report on ongoing rule development efforts to increase required coverage
• Deliver an initial Coverage Assessment and follow up with annual refreshes

 

Minimum Qualifications:

• Strong interpersonal communication skills in virtual settings
• Strong writing and editing skills, including experience creating technical or professional documents
• Experience researching complex topics with limited oversight, including (1) reaching out to and meeting with internal experts and (2) reviewing external publications to find pertinent information
• Project management experience
• Experience managing a small team, including reviewing and providing feedback on work products, fostering collaboration, and supporting team members’ development

Preferred Qualifications:

• Experience creating Coverage Assessments for Financial Crimes departments in large financial institutions
• Proficiency in SQL, including writing original queries, joins with multiple tables, and aggregation
• Ability to manage multiple projects simultaneously
• Experience in compliance, audit, or risk oversight
• Experience with banking, credit card products, and money movement
• Understanding of anti-money laundering and counter-terrorist financing concepts and practices

 

Employment eligibility to work with American Express in the United States is required as the company will not pursue visa sponsorship for these positions.