Senior Manager-compliance

You Lead the Way Weve Got Your Back With the right backing people and businesses have the power to progress in incredible ways When you join Team Amex you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers communities and each other Here youll learn and grow as we help you create a career journey thats unique and meaningful to you with benefits programs and flexibility that support you personally and professionally At American Express youll be recognized for your contributions leadership and impactxe2x80x94every colleague has the opportunity to share in the companys success Together well win as a team striving to uphold our and powerful backing promise to provide the worlds best customer experience every day And well do it with the utmost integrity and in an environment where everyone is seen heard and feels like they belong Join Team Amex and let s lead the way together Key Responsibilitiesxc2xb7 Developing and maintaining an effective Compliance program to ensure a best in class Compliance culture within AEBC xc2xb7 Providing guidance to business units on regulatory matters and interpretation of guidelines issued by various regulators xc2xb7 Providing guidance and support to the lines of businesses through participation in new product service projectsxc2xb7 Provide expert guidance and recommendations on compliance matters including regulatory changes and their impact on the organization xc2xb7 If applicable manage and mentor a team of compliance professionals ensuring their effectiveness and development xc2xb7 Collaborate with other internal departments and vendors to integrate compliance into business processes and decision-making xc2xb7 Participate in new product system launches and collaborate with internal teams and the vendors to create review the Business Requirements Document BRD conduct User Acceptance Tests UAT and actively participate in the meetings forums and associated workshops to ensure compliance with industry regulations and enterprise standards xc2xb7 Assess the control framework and review the controls to ensure that they are in Compliance with regulatory requirementsxc2xb7 Ability to clearly articulate the regulatory requirements in the form of BRDs and preferably have experience in working with vendors and third parties who provide financial services to Banks Regulated Entitiesxc2xb7 Ability to manage large scale regulatory projects and provide subject matter expertise from a regulatory standpoint xc2xb7 Providing direction and assist business partners regarding Compliance activities laws and regulations xc2xb7 Ensure that business activities are aligned to American Express Company compliance program and local regulations in local marketxc2xb7 Providing advice and guidance on compliance issues within the market in a manner consistent with all local directives circulars and communications xc2xb7 Supporting the Market Compliance Office in achieving the Market Goals within the defined time line in closing out the identified Gaps and resolving outstanding compliance issues xc2xb7 Developing and executing a compliance training program for AEBC with specific focus on consumer card acquisitions and related practices Assist management in promoting staff awareness of compliance requirements in partnership with designated Compliance Champions xc2xb7 Ensuring compliance-training programs are updated as required attendance is tracked and that all employees are scheduled for appropriate training as per the market Compliance program Conduct periodic classroom training session based on an Annual compliance training plan to cover Code of Conduct AML KYC and FCPA training and such other topics as decided by the Compliance Ethics group from time to time xc2xb7 Maintaining working knowledge of relevant legal and regulatory requirements As needed utilize General Counsel s Office Global Market Compliance Office or other line of business subject matter compliance experts Ensure that business activities are aligned to American Express Company compliance program and local regulations in local market xc2xb7 Provide regular updates to various committees within AEBCMinimum Qualifications Minimum of 10 to 15 years of relevant experience in consultancy within the Big Four or in a bank financial institution background Demonstrate excellent verbal and written communications skills Good knowledge of India AML Laws and practices Strong knowledge of Banking Regulations Act Prevention of Money Laundering Act and other laws applicable to Commercial Banks and Payment Operators Working knowledge of Bank Secrecy Act USA Patriot Act Office of Foreign Assets Control preferred 3 17 2022 AXP Internal 2 Ability to operate multi-nationally with regulators law enforcement business partners and Agents Strong problem solving and analytical skills including the ability to conceptualize and break down complex issues into actionable tasks Ability to address large groups and conduct training High standard of integrity Strong computer knowledge excellent MS Word Excel PowerPoint skills Ability to multitask effortlessly and manage competing priorities under demanding deadlines Must be self-motivated dependable adaptable and detail oriented with a proven ability to work independently or within a team environment Good academic qualification with experience in compliance audit or legal would be an advantage Prior experience in a control support function would be given preference Fair knowledge of the Card industry and its business practices with good understanding of end to end front office and Back office activities Preferably CA CS LLB CAMS CIA MBA Handled Regulatory Compliance within large banks or payment operators Experience in working with regulatory bodies will be an added advantage 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 Competitive base salaries Bonus incentives Support for financial-well-being and retirement Comprehensive medical dental vision life insurance and disability benefits depending on location Flexible working model with hybrid onsite or virtual arrangements depending on role and business need Generous paid parental leave policies depending on your location Free access to global on-site wellness centers staffed with nurses and doctors depending on location Free and confidential counseling support through our Healthy Minds program Career development and training opportunities 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