Analyst-Risk & Info Management

American Express - More jobs by this advertiser
Positions in Risk Management lead the development of credit, operational, enterprise, and fraud policies designed to profitably grow the portfolio, while ensuring excellent customer experience. These policies utilize mathematical models and other techniques to understand and predict customer behavior. At the analyst level, the employee is beginning to develop expertise in the field. Receives general instruction on moderately complex problems and issues. 
Overview of The Department

Central Rating and Underwriting (CRU) sits within the Credit and Fraud Risk division and forms the institutional credit risk management function within American Express. The CRU team plays the critical role of assessing and managing the risk of institutional exposures across all business units within American Express, and in all regions globally.  Credit exposures are primarily generated through corporate and small business card programs, via merchant service relationships where non-delivery risk exists, and among the securities portfolio held for firm-wide liquidity.  CRU is led from Salt Lake City with regional teams in New York, London, Singapore and Sydney.

Responsibilities

Analysts in CRU are responsible for rating and underwriting credit exposures in their assigned region, industry, and business line. The successful candidate for this position will work on a team within CRU that will monitor credit risk consisting mainly of Corporate, U.S. municipal and non profit obligors. Core responsibilities of the team include oversight of internal credit assessment, monitoring of public agency ratings, performing fundamental credit analysis, leading ongoing surveillance of issuers in the portfolio and working closely with internal teams. This role will be a mix of project work and routine data analysis, with the goals of both helping to drive a common understanding of CCAR (Comprehensive Capital Analysis and Review) and ICAAP (Internal Capital Adequacy Assessment Process), data as well as supporting & enhancing underlying data quality. 



 

Minimum Qualifications
 

Desired Skills

·       Experience as a credit analyst or underwriter dealing with commercial exposures

·       Understanding of public finance security structures, fundamental analysis techniques, Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) rules, governmental functions and laws, public agency rating methodologies/definitions

·       Experience preparing obligor-specific and industry-wide credit memorandums

·       Develop subject matter expertise in CCAR reporting requirements, data governance & data quality metrics, in coordination with Corporate Risk Management and the  broader capital management team

·       Support ad hoc projects to further enhance and improve overall data processes, given either internal changes to the CCAR process or to externally imposed requirements from the Fed

 

Qualifications

·       Minimum 1-2 years experience rating and / or underwriting at a leading financial institution or rating agency

·       Bachelor’s degree from a top tier university with high GPA and a degree (or substantial coursework) in finance, accounting, economics, or statistics

·       Strong MS Office skills

·       Strong oral and written communications skills

·       A bachelor’s degree with an emphasis in finance is preferred.

·       Working towards Chartered Financial Analyst program candidacy a plus

 

 

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

 

 

 

 

 




22 May 2020
Location:
Work type:
Full time
Sector:
Banking and Financial Services
Profession:
Other
PLEASE! No enquiries from Recruitment Agencies or Headhunters.

Only direct applications will be considered.

This career opportunity is no longer open.
Please search for current vacancies here.


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