Apprentice

Introduction to American Express: At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career. Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.

Role Overview

To support the compliance team in operational, monitoring, and coordination activities to the function.

Responsibilities:

-          Assist in tracking, logging, and summarizing regulatory circulars and notifications issued by RBI and other applicable regulators, and support maintenance of the Regulatory Change Management database, including tracking of regulatory timelines and milestones.

-          Support coordination with internal stakeholders to monitor implementation progress and assist in maintaining documentation and evidences required for regulatory inspections and internal audits.

-          Implementing regulatory notifications/circulars and ensuring that business activities are aligned to American Express Company compliance program and local regulations in local market

-          Assist AML analysts in reviewing transaction monitoring alerts, supporting AML investigations under supervision, and maintaining case inventories, records, and escalations.

-          Support alert and case SLA adherence, timely escalation, and preparation of draft reports and regulatory filing documentation. Tracking the same using various internal tools and creating controls for adherence.

-          Provide regular updates to various committees within AEBC

Qualifications, Skills and Experience:

-          Minimum academic qualification preferably CA/CS/CAMS/LLB/CIA/MBA. Experience in compliance or legal would be an added advantage.

-          Excellent verbal or written communications skills

-          Proficient in Microsoft Office applications, including Word, Excel, and PowerPoint, to ensure effective documentation and reporting.

What we offer

-          Exposure to the functioning of a bank's compliance department.

-          Structured training and mentorship from seasoned compliance professionals.

-          Stipend as per industry standards

• 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