Financial Analyst I

You Lead the Way. We’ve Got Your Back.

At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether we’re supporting our customers’ financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly redefining what’s possible — and we’re proud to back each other every step of the way. When you join #TeamAmex, you become part of a diverse community of over 60,000 colleagues, all with a common goal to deliver an exceptional customer experience every day.

Function Description:

The Global Treasury Controllership (GTC) is part the Global Controllership Organization and is responsible for providing comprehensive global debt, derivative and investment transaction middle office services supporting Treasury & Controllership.

Purpose of the Role:

The Trade Support team is a key component of GTC, responsible for covering an important part of FX derivative lifecycle. This includes FX derivatives transaction capture, confirmation with external banks, settlement of FX trades on maturity date tracking and accounting & reporting of FX derivatives taken to hedge the foreign exchange exposure resulting from cross-currency transactions within American Express Company and its subsidiaries. FX trades are taken in 20 currencies with 40 external banks. The position will also be responsible for supporting critical business initiatives like M&A, LE Restructuring, I/C loans changes, dividend payout etc and partner closely with teams like Treasury operations, LEM, AET, TMS vendor to provide FX related consultancy.

Responsibilities:

• Perform daily validation of FX trades executed by front office team to comply with Volcker Policy

• Confirmation of FX trades on real time basis with external banks

• Daily settlement of FX trades on the maturity date ensuring funds move out of Amex accounts as per currency cut off

• Perform post trade analytics and develop post trade KPIs.

• Perform trade investigations as in when needed

• Support EMIR and DTCC reporting requirements.

• Accounting of settlement of FX trades as per GAAP requirements and derivative policy.

• Lead and participate in projects related to Treasury/Business partner driven initiatives by providing appropriate cash management & FX solutions.

• Lead and Identify simplification and automation opportunities and work towards implementing them.

• Build good knowledge of Treasury Management System (TMS), FX instruments, hedging strategies and Lead TMS Upgrade

• Maintain robust controls to ensure compliance with SOX, Dodd Frank regulations, Derivative policies and other AXP internal guidelines

Experience:

• 5 years in Finance

• Any treasury experience would be an advantage

Academic Background:

• Qualified accountant or other equivalent finance certification (M.com, ACA, ACCA, CPA, etc); Degree in Finance/Accounting an advantage

Functional Skills/Capabilities:

• Ability to manage multiple priorities with excellent attention to detail

• Able to challenge status quo & effectively communicate to leadership, auditors and regulators

• Techno financial / analytical skills and ability to connect business drivers

• Exposure to tools such as Tableau / Power BI an advantage

• Strong relationship building skills and ability to influence without direct control

Shift Timings: 11:30 am-7:30 pm/ 1:30 pm-9:30 pm/ 3:30 pm-11:30 pm

Technical Skills/Capabilities:

• Knowledge on technical areas of ASC 830 (FAS 52) related to Currency Remeasurement & Translation and ASC 815 (FAS 133) related to FX Hedge Accounting.

• Strong accounting skills, analysis and reporting

Knowledge of Platforms:

• Extensive knowledge of Microsoft office tools (Excel, Word, PowerPoint, etc.)

• Sound knowledge of Oracle Accounting and reporting tools.

Behavioral Skills/Capabilities:

Enterprise Leadership Behaviors

• Set The Agenda: Define What Winning Looks Like, Put Enterprise Thinking First, Lead with an External Perspective

• Bring Others With You: Build the Best Team, Seek & Provide Coaching Feedback, Make Collaboration Essential

• Do It The Right Way: Communicate Frequently, Candidly & Clearly, Make Decisions Quickly & Effectively, Live the Blue Box Values, Great Leadership Demands Courage

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.