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The Operational Risk Management (ORM) team facilitates and monitors the implementation of effective operational risk management programs throughout the organization, and oversees risk ownership throughout business units, products, and processes.

 The objective of the Operational Risk Management (ORM) Issues & Events team is to efficiently manage and remediate operational risk events (OREs) and issues across the BU, and ensure timely resolution of events that may impact BAU operations.

Operational Risk Management is looking for an Analyst of Issues & Events to be part of a diverse team of high-performing professionals focused on ensuring effective operational risk management is embedded in the day-to-day operations of our organization. It will involve extensive collaboration with multiple partners across numerous business units, functional areas, and geographies.

The Analyst, Operational Risk Management (ORM) Issues & Events- Root Cause Analysis & Priortization team will:

• Perform root cause analysis on key gaps identified in the process to ensure fixes are implemented and the process runs more efficiently.
• Identify new operational breakdowns and create a more coherent linkage between the complaints and issues.
• Manage and maintain the technology/ processes used to record, manage, and report issues, to ensure they are fit for purpose and efficient.
• Provide guidance to the BU on how to identify, root cause, and log issues, to facilitate a proactive risk management culture.
• Prioritize risks to ensure that root cause analysis and remediation efforts focus on the most impactful issues.
• Educate stakeholders in the BU on issues and event management and provide feedback on their reports and remediation plans.
• Conduct thematic analysis of issues and events to generate actionable insights.
• · Manage regulatory relationship and exams related to Issues and Events.

Required Qualifications:

• 1-2+ years’ experience in operational risk management (e.g., within Risk and/or Internal Audit function) and understands critical operational risk management lifecycle activities.
• Project management, communication, and interpersonal skills
• Experience in process governance, establishing and overseeing robust decision-making processes that align with policies, regulatory frameworks, and/or operational standards
• Knowledge and hands on experience of ML algorithms and usage of Python, SQL and Advanced Excel.
• Strong Analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively.

Preferred Qualifications:

• Bachelor’s degree in finance, Business, Risk Mgmt., or related field; advanced degrees (e.g., MBA, MSc) or certifications are advantageous.
• Demonstrated history and ability to manage large teams, spread over geographies and with varying backgrounds
• Excellent qualitative analytical skills.
• Excellent communication and interpersonal skills, with an ability to interact and obtain buy-in from senior BU/tech counterparts.

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.