This job has expired, please see additional jobs below
Financial Analyst
American Express
Salt Lake City, UT, United States
Job Details - this job has expired, please see similar jobs below
Description
The Regulatory Reporting team within American Express is responsible for regulatory reporting for American Express National Bank (“AENB”), and other regulatory and SEC reporting. The team is responsible for leading accurate and timely reporting to the Federal Reserve, the FDIC and OCC (collectively, the “agencies”) and State agencies, with a key focus on control and compliance with existing and revised reporting standards. Regularly, the agencies will publish new reporting standards that must be captured, assessed and implemented as part of regulatory reporting requirements. This team is committed to excellence, talent development, encouraging work/life balance, and timely recognition of team members.
Responsibilities
The Financial Analyst, External Reporting position will support the production of financial reporting in compliance with applicable federal regulations and other policies as required by external and regulatory reporting agencies. Specific responsibilities to include, but not limited to:
• Preparation of Bank quarterly Call Reports and other required periodic regulatory report filings
• Participation in the monthly financial close variance discussion and analysis
• Liaise with external reporting, accounting, investor relations, treasury, finance, and other affiliate teams to represent the needs and required deliverables of regulatory reporting
• Work with technology teams to create dynamic, accurate, and automated regulatory legal entity reporting for the Bank as part of new products initiatives
• Performance of other specific duties, responsibilities, analysis of results and special projects as required or assigned by the Regulatory Reporting Manager
• Support inquiries and requests from various Federal and State regulators and internal and external auditors
• Completion of Regulatory Reporting Checklists and application of required controls to all regulatory files in compliance with SOX requirements
• Act as support to Money Transmitter which primarily includes producing key reporting deliverables and assisting in state exams
• Participate in the discovery, understanding, and implementation of new and evolving regulatory requirements including the development of comprehensive project timelines, education for management, training for the Regulatory team, and coordinating with data suppliers on new reporting expectations and deliverables
This position is part of the American Express External Reporting team, and will report to the Manager of External Reporting responsible for all U.S. Banking regulatory filings. These quarterly 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 Company and at the subsidiary Bank legal entity levels. This is an exciting opportunity to become part of a world-class reporting organization. Analyzes profit and loss income statements, and prepares reports on findings to make recommendations to management. Participates in the development of long-range financial forecasts and related budgets.
Qualifications
Qualifications
The successful candidate will be energized by the prospect of being part of the External Reporting team, will embrace the challenge of balancing the needs of multiple partners and will be able to apply the rigor needed to ensure we maintain sound regulatory reporting processes.
• 3+ years of significant financial reporting and accounting experience
• Individual should have a strong understanding of U.S. Generally Accepted Accounting Principles (GAAP), Regulatory, and SEC reporting and accounting guidelines
• Ability to operate with a sense of urgency in responding to internal and external needs specific to regulatory reporting preparation, analysis and compliance
• Positive attitude and flexibility to deal with and drive change in a fast paced environment
• Strong project management skills with ability to deliver against deadlines while managing multiple tasks
• Proven ability to effectively interact with all levels across the organization including Bank leadership/officers and Board members as well as with external regulators
• Individual should be detail-oriented and a team player with strong analytical, interpersonal, and verbal and written communication skills
• Degree in accounting, finance or related field is required. Master of Business Administration and/or CPA is a plus
• Prior Regulatory or Compliance experience or the ability and strong desire to learn
Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.