External Reporting

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

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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.

American Express (AXP) has a huge focus on controls and compliance and this is fundamental to our business. The incumbent should be willing to work in a controlled environment and prior experience of understanding the need of controls in the process will be an advantage. He/ She has to be fully compliant with all applicable Company policies relating to control and compliance.

Controls are the procedures, policies, and means by which an organization monitors and controls the direction, allocation, and usage of its financial resources. Ensuring that our internal controls are well-defined will result in increased reliability of financial reporting and compliance with applicable laws.

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.
• Contribute on strengthening controls and complaince environment on process and SOX function.
• 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 simplification.
• 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, market controllers 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  for more information on these filings.

Critical Factors to Success

• Should have problem solving, planning and analytical skills to facilitate and focus on continuous improvement and innovation. Project management skills and experience will be distinct advantage.
• Should have strong results orientation, project management, collaboration and co-ordination abilities. Should be self-driven, self-motivated and have eye for detail.
• Put enterprise thinking first, connect the roles agenda to enterprise priorities and balance the needs of customers, partners, colleagues & shareholders.
• Lead with an external perspective, challenge status quo and bring continuous innovation to our existing offerings
• Demonstrate learning agility, make decisions quickly and with the highest level of integrity
• Lead with a digital mindset and deliver the worlds best customer experiences every day

Past Experience

• US GAAP knowledge & experience
• Regulatory/ external reporting experience is preferable
• Knowledge of SOX/ PRSA and control & compliance preferrable

Academic Background

• At least 1 - 2 years' experience in Financial Accounting/Reporting
• Chartered Accountant/CPA preferred
• Prior experience with U.S. regulatory/SEC reporting or public accounting a plus.

Functional Skills/Capabilities:

• Must have good communication and interpersonal skills and be able to interact independently with senior business partners / customers etc.
• Reporting and analysis experience will be an advantage. Familiarity with US GAAP and financial accounting experience is preferred.
• Self-driven, team player, have analytical skills and inclination for process improvement.
• For an internal candidate, knowledge of company policies, businesses, finance processes and systems are desirable.
• Understanding of financial domain and AXP systems.

Technical Skills

• Able to understand and enhance the control environment around the filings.
• Able to understand the SOX and operational controls associated with the process
• Strong analytical and problem-solving skills. Quick learner.
• Must be proficient in MS Applications such as Excel, PowerPoint and Word.

Knowledge of Platforms

• Oracle, Essbase, MS Office, RRA architecture

Compliance Language

We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

• 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