Description

The Global Risk & Compliance Organization (“GRC”) is an independent risk management function, led by the Chief Risk Officer, with the objective of ensuring that American Express operates in a safe, sound and fully compliant manner within all applicable regulatory expectations. GRC creates and maintain the overall risk management framework, performs independent risk management assessment, and monitor risks. Colleagues at GRC are passionate about our commitment to drive the Company’s goals of growth and progress by creating a culture of risk awareness and proactivity around regulatory matters. By partnering closely with business units across the enterprise, we help deliver maximum value to our shareholders and our customers efficiently and effectively through effective risk management and oversight activities. Develop and maintain an effective compliance program consistent with local market's requirements

- Ensure that business activities are aligned to American Express Company compliance program and local regulations in local market

- Promote and disseminate compliance information, encourage behaviors that integrate compliance values into business practices and continually reinforce personal responsibility for compliance to all staff

- Implement policies and procedures to achieve compliance at levels consistent with company standards

- Develop and revise local business procedures in line with relevant company policies and local requirements

- Develop compliance training program for the market and ensure training program is executed

Responsibilities

Relationship Management with RBI

• Build strong relationships with various RBI departments (CERSAI, SEBI, IRDAI, FIU-IND, UIDAI and others) to understand RBI expectations of AEBC India and provide guidance to internal stakeholders





• Participate in and representing the views of AEBC India in regulatory and industry forums, councils and associations

• Leverage industry knowledge to provide guidance to AEBC India regarding its proposals, communications to be sent to the regulators

• Coordinate RBI audits / exams to ensure the exam is well managed and any regulatory findings are closed to the RBI’s satisfaction

Regulatory Change Management

• Analyze impacts of proposed regulation to AEBC based on knowledge of RBI’s regulatory expectations. Provide input to AEBC’s responses in the form of proposals or position papers.

• Provide guidance to internal stakeholders on interpretation of regulations and guidelines issued

Governance

• Participating in governance and risk committee meetings to inform them of the Compliance Risks facing AEBC

• Provide compliance perspective on AEBCs policies and procedures

• Contribute to Compliance Assessment of quarterly and annual Control & Compliance Rating of AEBC

Qualifications

• Post Graduate degree from a recognized university.

• CAIIB/CA/CS/LLB/LLM/Doctorate or any combination of relevant education and experience and/or related professional designations/certifications in this field are highly desirable.

Past Experience:

• 6+ years’ work experience as a subject matter expert in Regulatory Compliance within large banks or payment operators.

• Experience in working with regulatory bodies will be an added advantage Essential Skills.

Technical/Function skills:

• Strong knowledge of Banking Regulations Act, Credit cards, Prevention of Money Laundering Act and other laws applicable to Commercial Banks and Payment Operators

• Ability to work in a self -directed and remote environment

• Demonstrated ability to draft transparent and professional correspondence and other documents of a legal, compliance and business nature

📌 Analyst-Compliance (Gurugram)
🏢 American Express
📍 Gurugram