
Website www.americanexpress.com
Eligibility Masters degree
Experience 0 - 2 yrs
Location Gurgaon
Job Role Business Analyst
JOB SUMMARY:Company Profile:
American Express is a global service company, providing customers with exceptional access to products, insights and experiences that enrich lives and build business success. An engine of commerce, American Express provides innovative payment, travel and expense management solutions for individuals and businesses of all sizes. Most of all, we help our customers realize their dreams and aspirations through industry-leading benefits, access to unique experiences, business-building insights, and global customer care. We enable our customers to do and achieve more.
Job Description:
Enterprise Model Validation Group (EMVG) within Global Risk Oversight Group, is responsible for the independent validation of all AXP models. It manages and controls model risk in order to elevate model excellence, strengthen long term Shareholder value and satisfy Regulatory expectations. The successful candidate will be responsible for independently validating a suite of Individual for the Company's consumer and small businesses portfolios across the globe. Individuals will closely work with geographically diverse business units, regulators amongst others. The position offers the individual a unique opportunity in terms of
1. Diversity across business units and geography
2. Exposure to existing risk management practices across the entire customer life cycle
3. Broadening of one's skill set by exposure to a broad range of risk management tools and techniques The specific responsibilities include:
4. Validating all types of models (Risk, Fraud, Acquisition, Digital etc.) which includes evaluating conceptual soundness, data, methodology, performance validation and on-going monitoring.
5. Maintaining model inventory
6. Documenting detailed model validation report and preparing for the regular regulatory and internal audit reviews.
7. Tracking the validation findings and reviewing the resolution of these findings.
8. Communicating the validation results to partners, senior leadership and various model committees.
9. Conducting in-depth research to enhance model validation process and techniques.
Candidate Profile:
1. Masters degree in Statistics, Mathematics, Economics, Engineering or related fields.
2. 0-2 Year Experience
3. Hands-on model building or validation experience.
4. Strong Analytical and Relationship and project management skills for driving validation initiatives.
5. Experience in applying advanced statistical and/or quantitative techniques to solve business problems is preferred.
6. Strong Verbal, Written, Interpersonal skills and ability to work effectively in a team environment.
7. Willingness to Collaborate with Cross-Functional teams to drive validation and Project Execution.
8. Effectively communicating complex Analytical results to Business Partners and Senior Management.
9. Flexibility and Adaptability to work within tight deadlines and changing priorities.
10. Experience with data manipulation tools (e.g. SAS, SQL) is a must have. Familiarity with Big Data environments preferred.
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