Analyst-Compliance
American Express · Madrid, Community of Madrid, Spain
- On site
- Full-time
- $75,000 / year
- Madrid, Community of Madrid, Spain
Job highlights
- Manage financial crime compliance in EMEA.
- Oversee legal entities and European branches.
- Develop and implement compliance standards.
- Support regulatory reporting and audits.
- Requires 5+ years AML/CFT experience.
About the role
Compliance Analyst
As a member of the EMEA Regional Financial Crime Compliance Organization based in Madrid, Spain, the Compliance Analyst will be responsible for managing the Financial Crimes Compliance aspects of the Legal Entities governance structure. This includes coordinating Amex’s Entities AML Committees and performing prudential oversight over the AEESA and AEPE legal entities’ branches across Europe. The role supports the team in setting standards for market committees, policies, and procedures across the region’s market teams, in close coordination with Company’s Financial Crimes Risk Management policy and standards.
Key Responsibilities
- Manage Financial Crimes Compliance aspects of Legal Entities governance structure.
- Support coordinating Amex’s Entities AML Committees.
- Perform prudential oversight over AEESA and AEPE legal entities’ branches in Europe.
- Support the team in setting market committee standards, policies, and procedures across the region.
- Support the issuance of the annual business-wide risk assessment in line with Enterprise’s methodology.
- Oversee market deployment to ensure harmonization at Legal Entity/region level.
- Support issuance of MLRO’s Annual Activity Report, in line with EBA guidelines.
- Support issuance of the internal business control framework evaluation program.
- Support the execution of External and Internal examination/audits, including coordination with examiners and stakeholders.
- Assist with the remediation action plans assessments.
Qualifications
- Minimum 5+ years of experience in AML/CFT regulatory compliance within a financial services industry firm.
- Sound knowledge of a 3 lines of defense structure.
- Understanding of European and Spanish AML regulations, and a good working knowledge of Payment Services regulations and EU regulatory bodies.
- Strong knowledge of the AML/CFT regulatory framework in Europe and Spain.
- Proactive, strong analytical and problem-solving attitude.
- Strong interpersonal, organizational, and time management skills.
- Strong management skills to effectively lead, motivate, and manage a team of direct/indirect reports.
- Graduate and/or relevant professional qualification preferred (Law or Economics Degree, Compliance/AML Diploma, CAMS Certification will be an advantage).
- High level of Spanish and English language proficiency is a must.
Employment Eligibility
Employment eligibility to work with American Express in Spain is required as the company will not pursue visa sponsorship for these positions.
Benefits
American Express offers comprehensive benefits to support your holistic well-being, including competitive salaries, bonus incentives, financial well-being and retirement support, medical, dental, vision, life insurance, and disability benefits. Enjoy flexible working models, generous paid parental leave, access to global wellness centers, confidential counseling support, and career development opportunities.
About Us
American Express has a 175-year history of innovation, shared values, and Leadership Behaviors. We are committed to backing our customers, communities, and colleagues by operating with a strong risk mindset. Join Team Amex for powerful backing, holistic well-being support, and opportunities for learning, leadership development, and career growth.
Key skills/competency
- AML/CFT Compliance
- Financial Crime
- Regulatory Compliance
- European AML Regulations
- Spanish AML Regulations
- Risk Management
- Legal Entity Governance
- Audit Management
- MLRO Reporting
- Payment Services Regulations
Skills & topics
- Compliance Analyst
- AML
- CFT
- Financial Crime
- Regulatory Compliance
- Spain
- Madrid
- Financial Services
- EMEA
- Legal Entity Governance
How to get hired
- Tailor your resume: Highlight your 5+ years of AML/CFT experience and knowledge of European and Spanish regulations.
- Showcase analytical skills: Emphasize your proactive, problem-solving attitude and strong organizational abilities in your application.
- Demonstrate leadership: Provide examples of your management experience and ability to lead teams if applicable.
- Prepare for interviews: Be ready to discuss your understanding of 3 lines of defense and specific regulatory frameworks.
- Highlight language skills: Clearly state your high proficiency in both Spanish and English.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the primary responsibilities of a Compliance Analyst at American Express in Madrid?
- The Compliance Analyst at American Express in Madrid will manage financial crime compliance for legal entities in EMEA, coordinate AML Committees, oversee European branches, and support the development of compliance standards, policies, and risk assessments.
- What specific AML/CFT experience is required for this Compliance Analyst role?
- This role requires a minimum of 5 years of experience in AML/CFT regulatory compliance within the financial services industry.
- Does American Express offer visa sponsorship for the Compliance Analyst position in Spain?
- No, employment eligibility to work with American Express in Spain is required, and the company will not pursue visa sponsorship for these positions.
- What level of language proficiency is needed for the Compliance Analyst job?
- A high level of proficiency in both Spanish and English is a mandatory requirement for this Compliance Analyst position.
- What kind of regulatory knowledge is expected for the Compliance Analyst role?
- Candidates should have a strong understanding of European and Spanish AML regulations, Payment Services regulations, and EU regulatory bodies, along with knowledge of a 3 lines of defense structure.
- Are there opportunities for career development within American Express for a Compliance Analyst?
- Yes, American Express offers career development and training opportunities as part of its commitment to employee growth.
- What is the work arrangement for the Compliance Analyst role at American Express in Madrid?
- The work arrangement can be hybrid, onsite, or virtual, depending on the role and business need, offering flexibility for employees.
- What professional qualifications are preferred for the Compliance Analyst position?
- A graduate degree (Law or Economics) or a relevant professional qualification such as a Compliance/AML Diploma or CAMS Certification is preferred and would be an advantage.