Analyst, Enterprise Risk Management at American Express Company South Africa

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

08 Jan, 26

Salary

0.0

Posted On

10 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Quantitative Skills, Decision-Making, Problem-Solving, Microsoft Excel, SQL, Python, Communication Skills, Presentation Skills, Initiative, Collaboration, Risk Management, Operational Risk, Compliance, Data Analysis, Project Management

Industry

Financial Services

Description

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. How will you make an impact in this role? The Enterprise Risk Management group within the Global Risk and Compliance (GRC) organization is responsible for identifying and managing risks across all processes at Amex Bank of Canada (ABC). This is an oversight and governance group representing the 2nd Line of Defense. The Analyst, Enterprise Risk Management, Amex Bank of Canada will be part of the GRC organization and will report to the Sr. Manager, Enterprise Risk Management for Amex Bank of Canada. The incumbent will be an individual contributor and will be responsible for establishing, maintaining, and overseeing the bank’s risk management framework as per the expectations from OSFI/FCAC and the Canada Bank Act. The incumbent will contribute to the effectiveness of the enterprise risk management team by supporting the design and execution of projects and initiatives intended to monitor evolving risk trends for potential impact on business processes. Key Responsibilities Support the ongoing enhancement and execution of the Operational Risk Management Framework, including risk identification, assessment, monitoring, reporting, and control evaluation processes. Assist in conducting independent oversight and challenge of the First Line of Defense (1LOD) in the management of operational and compliance risks, ensuring adherence to the Bank’s risk appetite and governance standards. Extract and analyze financial and statistical data from multiple sources to provide a comprehensive assessment of trends, and potential risks and concerns. Support the aggregation, analysis, and reporting of risks for senior management and governance committees. Develop dashboards and management reports highlighting key risk trends, control effectiveness, and resilience performance indicators. Track, assess and remediate identified risk exposures from both internal and external sources. Partner with 1LOD business units and other stakeholders to provide effective challenge and risk insights. Contribute to continuous improvement of the Bank’s risk culture through education, awareness, and process enhancements. Assist in ensuring compliance with OSFI’s Operational Risk and Resilience Guidelines (e.g., Guideline E-21) and other applicable regulatory standards. Support internal and external audits, regulatory reviews, and risk assessments by preparing documentation, analysis, and presentations. Minimum Qualifications and Key Skills Degree in math/ business/ statistics / economics/ engineering or other quantitative field or combination of education and experience in quantitative analysis and other relevant business areas. Professional certifications in risk management such as FRM, CFA etc. will be helpful. 1-5 years of experience and working knowledge of Risk Management concepts such as operational risk, risk appetite/limit setting, internal controls, operational risk, third party risk management, model risk management etc. Strong analytical, quantitative, decision-making, and problem-solving skills. Proficiency in Microsoft Excel and other analysis programs and programming languages such as SQL, Python etc. Ability to work independently to interpret, analyze, and present financial data in an accurate and concise manner. Effective communication skills, encompassing both written and verbal abilities to convey analytic recommendations to diverse audiences. Presentation skills, including public speaking and presentation creation using PowerPoint or a similar program. Proficiency in presentation tools such as Microsoft Power Point. Ability to take initiative in a dynamic environment, manage multiple projects and programs, prioritize tasks and work within timelines. Demonstrated ability to work within a team and collaborate with multiple stakeholders to understand issues, provide oversight and effective challenge to business partners. Escalate key risks to senior members of the team and advise on risk resolutions to mitigate risks. 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 American Express is committed to providing an inclusive and accessible work environment in which all people who apply for positions or who work for or on behalf of Amex are treated with dignity and respect and are provided with equal treatment with respect to employment, regardless of that person's age, sex, sexual orientation, gender identity, gender expression, race, colour, ancestry, ethnic or national origin, citizenship, religion or creed, marital status, family status, pregnancy, disability, record of offences, social condition or origin, political beliefs, association or activity or other factors prohibited under applicable Human Rights legislation (the “Prohibited Grounds”). If you have a disability and need accommodation, please speak with the Recruiter for more information. Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.

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Responsibilities

The Analyst will support the enhancement and execution of the Operational Risk Management Framework and assist in conducting oversight of the First Line of Defense in managing operational and compliance risks. They will also extract and analyze data to assess trends and potential risks, and develop reports for senior management.