AML Compliance Analyst

AML Compliance Analyst - Spanish & English Speaker

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. From delivering differentiated products to providing world-class customer service, we operate with a strong risk mindset, ensuring we continue to uphold our brand promise of trust, security, and service.

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.

How will you make an impact in this role?

As a member of the EMEA Regional MLRO organization, the candidate will manage a variety of AML compliance related matters on the merchant acquiring European business operations, providing advice/guidance and overseeing implementation of Enterprise and AML policies and procedures to achieve compliance with legal obligations and Company policy. As part of the 2 Line of Defense, the candidate will:

• Identify and analyze AML legal requirements applicable to the merchant business activities performed in the EEA countries where American Express Payments Europe, S.L. (AEPE), is licensed to operate with other business models other than a permanent establishment.
• Provide daily AML regulatory advice/guidance to the GMS business leaders and other key stakeholders (LOBCO, GCO, OE, Compliance Regulatory, etc.).
• Act as an AML Subject Matter Expert to meet all relevant external and internal applicable AML regulatory requirements. Definition and setting of AML regulatory standards and positions and subsequent socialization and training.
• Execute proper Compliance AML oversight of the different AEPE acquisition models, ensuring regulatory and internal policy requirements are being met.
• Compliance AML acknowledgment of Operational Risk Events where AML review and input is needed.
• Management of AML regulatory interactions and AML regulatory reporting.
• Perform Compliance AML risk assessment of new AEPE/GMS acquisition models/initiatives.
• Engagement and representation as part of the AML AEPE Team in projects/initiatives where AML SME knowledge is needed.
• Active presenter and attendee of Governance Committees.

Minimum Qualifications

• At least two-three years of Compliance related work experience in an EU bank, financial/payments institution, non-banking financial services industry and/or other regulated entity.
• University Degree in Law/Business Management. Working knowledge of payment services and AML/CTF regulations will be a plus.
• Experience in providing AML regulatory advice to the business and to 1 line teams.
• Strong communication skills, multi-tasking and problem-solving approach.
• Detail oriented, strategical mindset, analytical attitude.
• Fluency in English, both verbal and written is a must.
• Ability to build strong relationships with business partners, compliance stakeholders and other peers.

Preferred Qualifications

• Certification in Compliance, AML or Financial Crime related fields.

Non-considerations for sponsorship:

Employment eligibility to work with American Express in Spain is required as the company will not pursue visa sponsorship for these positions.

Benefits:

We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

• 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

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.

Key skills/competency

• AML Compliance
• Regulatory Advice
• Financial Crime
• Risk Assessment
• Policy Implementation
• Merchant Acquiring
• European Regulations
• Subject Matter Expert
• Operational Risk
• Compliance Oversight