Compliance Manager with American Express (Gurgaon)

Deadline Open Deadline

Location Gurgaon, Haryana, India.

Salary Compensation details will be finalized during the interview process with the selected candidate.

Details of the Organization

At American Express, they know that with the right backing, people and businesses have the power to progress in incredible ways. Whether they’re supporting their customers’ financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, their colleagues are constantly striving to uphold their powerful backing promise to their customers and each other every day.

Details of the Job/Internship

American Express is hiring for the position of Compliance Manager to join their office in Gurgaon.

Role and Responsibilities

Developing and maintaining an effective Compliance program to ensure an outstanding Compliance culture within AEBC.
Providing guidance to business units on regulatory matters and interpretation of guidelines issued by various regulators.
Providing support to the lines of businesses through participation in new product/service projects
Providing direction and assist business partners regarding Compliance activities, laws and regulations.
Ensure that business activities are aligned to American Express Company compliance program and local regulations in local market
Providing advice and guidance on compliance issues within the market in a manner consistent with all local directives, circulars, and communications.
Supporting the Market Compliance Office in achieving the Market Goals within the defined time line, in closing out the identified Gaps and resolving outstanding compliance issues.
Developing and implementing a compliance training program for AEBC with specific focus on consumer card acquisitions and related practices. Assist management in promoting staff awareness of compliance requirements, in partnership with designated Compliance Champions.
Ensuring compliance-training programs are updated as required, attendance is tracked and that all employees are scheduled for appropriate training as per the market Compliance program. Conduct periodic classroom training session based on an Annual compliance training plan to cover Code of Conduct, AML / KYC and FCPA training and such other topics as decided by the Compliance & Ethics group from time to time.
Maintaining working knowledge of relevant legal and regulatory requirements. As needed, use General Counsel's Office, Global / Market Compliance Office, or other line of business subject matter compliance experts. Ensure that business activities are aligned to American Express Company compliance program and local regulations in local market.
Provide regular updates to various committees within AEBC.

Eligibility

Minimum of 8 to 12 years of proven experience in consultancy within the Big Four or in a bank/ financial institution background.
Demonstrate excellent verbal and written communications skills.
Good knowledge of AML Laws and practices
Strong knowledge of Banking Regulations Act, Prevention of Money Laundering Act and other laws applicable to Commercial Banks and Payment Operators
Working knowledge of Bank Secrecy Act, USA Patriot Act, Office of Foreign Assets Control (preferred)
Ability to operate multi-nationally with regulators, law enforcement, business partners and Agents
Strong problem solving and analytical skills including the ability to conceptualize and break down complex issues into actionable tasks.
Ability to address large groups and conduct training.
High standard of integrity.
Strong computer knowledge; excellent MS Word, Excel, PowerPoint skills.
Ability to multitask admirably and manage competing priorities under demanding deadlines.
Must be self-motivated, diligent, adaptable and detail oriented with a proven track record to work independently or within a team environment.
Good academic qualification with experience in compliance, audit or legal would be an advantage. Prior experience in a control / support function would be given preference.
Fair knowledge of the Card industry and its business practices with good understanding of end to end front office and Back office activities.
Preferably CA/CS/LLB/CAMS/CIA/MBA.
Handled Regulatory Compliance within large banks or payment operators
Experience in working with regulatory bodies will be an added advantage.