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Financial Analyst

  • Job
    Full-time
    Mid Level
  • Accounting & Tax
  • Gurgaon

AI generated summary

  • You need 3+ years in Accounting/Reporting, US GAAP knowledge, liquidity reporting experience, strong analytical skills, and proficiency in Excel. CPA/Chartered Accountant preferred.
  • You will support external regulatory reporting, engage stakeholders, implement bank category changes, prepare filings, ensure compliance, and assist in process automation and inquiries.

Requirements

  • US Regulatory Reporting/External Reporting experience
  • Exposure in Liquidity reporting, NSFR or LCR and other Treasury functions will be preferred
  • US GAAP knowledge & experience
  • At least 3+ years' experience in Accounting/Reporting
  • Chartered Accountant/CPA preferred
  • Prior experience with Liquidity reporting, LCR/NSFR is a plus
  • Must have good communication and interpersonal skills and be able to interact independently with senior business partners / customers etc.
  • Reporting and analysis experience, familiarity with US GAAP and financial accounting experience
  • Self-driven, team player, have analytical skills and inclination for process improvement
  • For an internal candidate, knowledge of company policies, businesses, finance processes and systems is desirable
  • Understanding of financial domain and AXP systems
  • Able to understand and enhance the control environment around the filings
  • Strong analytical and problem-solving skills. Quick learner
  • Must be proficient in MS Applications such as Excel, PowerPoint, and Word
  • The incumbent should be tenured for a minimum of 18 months at Band 30 as on the date of application deadline
  • The incumbent should have a performance rating of G2L2 or better in the last review
  • Good analytical skills and inclination of process improvement
  • Oracle, Essbase, R2CE architecture

Responsibilities

  • This position will be a part of the Financial Reporting Cluster. It will primarily support the External Reporting function and will be part of Regulatory Reporting team. The job would entail the following activities:
  • Participate in Project Fast Forward, Bank Category Change Readiness from Category IV to Category III/II bank.
  • Engage with multiple stakeholders to understanding/interpret and implement bank category changes Coordinate in implementing the change on automated platform R2CE (Regulatory Reporting Calculation Engine)
  • Participate in senior leadership progress updates
  • Preparation of Bank Holding Company regulatory filings pertaining to Liquidity reporting (FR2052a) to the United States Federal Reserve Bank of New York (Federal Reserve) and other regulators and support the Liquidity reporting process overall
  • The incumbent will have the opportunity to gain a rewarding experience in the highly visible and critical area of regulatory reporting for American Express.
  • The individual will be exposed to American Express systems & processes and will work with several internal & external groups outside of Controllership/Finance (including senior leaders of the Company) during the course of these filings.
  • This is a unique opportunity to lead end to end preparation and filing of the FRB reports for the company.
  • Ensuring report compliance with Federal Reserve and other regulatory reporting requirements, the Company’s internal review procedures and all other applicable policies and procedures.
  • Supporting projects to transform the preparation of regulatory reports, including automation and simplification.
  • Supporting the Managers and Director in responding to inquiries of (i) Federal Reserve; (ii) GCO; and (iii) other regulatory related inquiries.
  • Supporting the Managers and Director in implementation of analytical and reporting processes, procedures and systems using the Company’s control framework.

FAQs

What is the primary role of a Financial Analyst in this position?

The primary role involves supporting the External Reporting function and participating in the Regulatory Reporting team to prepare and analyze financial information in compliance with Federal Reserve requirements.

What are the shift timings for this position?

The shift timings are from 11 AM to 7:30 PM.

What type of educational background is preferred for this role?

A Chartered Accountant or CPA is preferred, along with at least 3+ years of experience in Accounting/Reporting.

What kind of experience is valued for this position?

Experience in US Regulatory Reporting/External Reporting, particularly in Liquidity reporting, LCR, or NSFR, is highly valued.

Is there a focus on collaboration in this role?

Yes, collaboration with multiple stakeholders across different teams is essential for sourcing information and delivering on expectations.

What key skills are required for the Financial Analyst role?

Strong analytical and problem-solving skills, good communication and interpersonal skills, and proficiency in MS applications such as Excel are required.

Will the Financial Analyst be involved in the transformation of regulatory reporting?

Yes, the role will support projects aimed at transforming the preparation of regulatory reports, including automation and simplification.

Are there additional background verification checks for this position?

Yes, this role may be subject to additional background verification checks.

How does American Express support the wellbeing of its employees?

American Express offers competitive base salaries, bonus incentives, comprehensive medical benefits, flexible working models, and access to wellness programs among other benefits.

What experience is necessary with platforms for this job?

Knowledge of Oracle, Essbase, and R2CE architecture is preferred for this position.

Is there an emphasis on personal and professional development in this role?

Yes, American Express prioritizes career development and training opportunities to support employees’ personal and professional growth.

Finance
Industry
10,001+
Employees
1850
Founded Year

Mission & Purpose

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 striving to uphold our powerful backing promise to our customers and each other every day. These beliefs have been our North Star for 170 years as our business transformed – from helping evacuate travelers during World Wars, to ensuring the safety of our customers’ funds during the Great Depression in the U.S., to creating the Shop Small® movement to help small businesses recover from the Financial Crisis, to providing aid to communities impacted by many natural disasters and so much more. For generations, the key to our success has been the determination and resilience of our American Express colleagues. Now, as a globally integrated payments company, we work together to provide customers with access to products, insights and world-class experiences that enrich lives and build business success. Join us and let’s lead the way together.

Culture & Values

  • We Back Our Customers

    Relationships are at the heart of our business. We strive to be essential to our customers by delivering exceptional products, services and experiences every day – and promise to have their backs in everything we do.

  • We Make It Great

    We deliver an unparalleled standard of excellence in everything we do, staying focused on the biggest opportunities to be meaningful to our customers. From our innovative products to our world-class customer service, our customers expect the best—and our teams are proud to deliver it.

  • We Do What’s Right

    Customers choose us because they trust our brand and people. We earn that trust by ensuring everything we do is reliable, consistent, and with the highest level of integrity.

  • We Respect People

    We trust and respect one another for who we are and what we contribute. We are accountable to one another and empower every voice through open, courageous dialogue so others feel heard.

  • We Embrace Diversity

    We see diversity of people and experiences as fuel for the creativity and innovation we need to be and deliver our best.

  • We Stand for Inclusion

    We all have biases. However, we do not tolerate bias that excludes or minimizes anyone – all people belong. We’re committed to ensuring that we have a welcoming and inclusive culture where everyone’s voice matters and where people of all races, ethnicities, genders, gender identities, sexual orientations, ages, religions, disabilities and viewpoints can thrive.

  • We Win As a Team

    We view each other as colleagues—part of the same team, striving to deliver the brand promise to our customers and each other every day. Individual performance is essential and valued, but never at the expense of the team.

  • We Support Our Communities

    We respect our communities and are committed to working together so they can thrive and make a meaningful difference in the world.