Team Assistant: Sanctions Screening

American Express’s Global Financial Crimes Surveillance Unit (GFCSU), within Global Financial Crimes Compliance (GFCC), provides end-to-end support and oversight of global financial crimes investigations. In conjunction with GFCC partners, the GFCSU develops and implements automated transaction monitoring rules, reports, and other processes designed to identify activity potentially indicative of criminal behavior. The GFCSU also investigates potentially suspicious financial activity and, when appropriate, files suspicious activity reports (SARs) with the Financial Crimes Enforcement Network (FinCEN), which is part of the U.S. Department of the Treasury, and/or refers matters to internal compliance partners for review and reporting globally. In addition, the GFCSU manages risk associated with politically exposed persons and persons and entities on core sanctions and risk lists through regular screening, and also manages risk associated with improper payments that could be indicative of bribery, corruption, or other illicit activity by reviewing internal American Express payments and expenditures. The GFCSU performs a critical role in ensuring that American Express complies with all applicable laws and regulations, including the Bank Secrecy Act (BSA), the USA PATRIOT Act, and the Foreign Corrupt Practices Act, and provides law enforcement with key information for the investigation and prosecution of money laundering and terrorist financing, credit card fraud, identity theft, and other criminal activity.

Function Description

American Express has implemented a comprehensive screening process to identify all potential and existing account relationships among all lines of business with Sanctioned Persons & Entities and Politically Exposed Persons (PEP). The screening team performs a critical role in ensuring that American Express adheres to international regulations. This position will work globally with various teams across American Express, market compliance officers, line of business representatives and CADENCE users, among others. 

Job Responsibilities

• Conducting Sanctions and Politically Exposed Persons screening in Bridger, the enterprise screening tool
  
• Performing enhanced due diligence research
  
• Collaborating with lines of business and market compliance teams to investigate and resolve potential sanctions matches
  
• Timely clearance of Bridger hits which surface during the time of payments processing/batch scanning/real time etc. as per the sanctions manual /relevant policy in force from time to time
  
• Meeting established Compliance & Control goals
  
• Timely reporting and escalation of significant issues
  
• Strong flexibility/ adaptability to manage multiple tasks within stringent time frames while maintaining accuracy
  
• Should be organized and focused on seamless process delivery having a keen eye for detail and strong bent of mind towards controls and compliance
  
• Strong learner with the ability to learn while doing the job
  
• This role may be subject to additional background verification checks.     

Qualifications

• Keen attention to detail in investigation, analysis, and documentation
  
• Proven analytical and problem-solving skills
  
• Computer and internet research skills
  
• Effective communication and excellent writing skills
  
• Graduate / Postgraduate with 1 to 3 years of relevant work experience
  

• Competitive base salaries 
• Bonus incentives 
• Support for financial-well-being and retirement 
• Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location) 
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need 
• Generous paid parental leave policies (depending on your location) 
• Free access to global on-site wellness centers staffed with nurses and doctors (depending on location) 
• Free and confidential counseling support through our Healthy Minds program 
• Career development and training opportunities