Analyst-Compliance
American Express · Madrid, Community of Madrid, Spain
- On site
- Full-time
- $75,000 / year
- Madrid, Community of Madrid, Spain
Job highlights
- Develop and maintain financial crime compliance policies.
- Ensure documentation aligns with risk frameworks.
- Collaborate with cross-functional teams and stakeholders.
- Support audits and regulatory reviews.
- Analyze regulatory guidance for clear documentation.
About the role
About American Express Global Risk & Compliance
The Global Risk & Compliance (GRC) organization serves as American Express’ independent risk management function. GRC maintains the enterprise risk framework, provides oversight and challenge, and monitors key risks. By embedding risk discipline into strategy and operations, GRC enables responsible growth, innovation, and long-term value creation while protecting customers and shareholders.About Global Financial Crimes Compliance (GFCC)
The American Express Global Financial Crimes Compliance (GFCC) function provides second-line policy, framework, oversight, and control solutions to meet the Company’s legal, regulatory, and risk management mandates in connection with Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF), Sanctions, and Anti-Bribery and Corruption (ABC). The GFCC portfolio comprises all aspects of the Company’s first and second-line financial crime risk management (FCRM) activities, including all lines of businesses in the United States and both proprietary and non-proprietary global markets.Role Overview
Reporting to the Manager, GFCC Policy, Standards and Procedures, the Analyst / Senior Analyst – Financial Crimes Compliance Policy, Standards & Procedures supports the development, maintenance, and governance of Financial Crimes Compliance (FCC) policies, standards, and procedures enterprise-wide. This role helps ensure documentation accurately reflects enterprise risk frameworks and operational processes related to Anti-Money Laundering (AML), Sanctions Compliance, Anti-Bribery and Corruption, and other financial crimes risk areas. The role partners with FCC teams, Legal, and business stakeholders to maintain high-quality governance documentation and ensure policies and procedures are clear, consistent, and aligned with regulatory obligations.Responsibilities
Policy Documentation & Maintenance
- Assist in drafting, updating, and maintaining FCC policies, standards, and procedures.
- Ensure documentation is aligned with enterprise policy governance standards and internal control frameworks.
- Support periodic reviews and updates of FCC documentation to ensure accuracy and regulatory alignment.
Governance Support
- Maintain policy inventories and track review cycles to ensure documentation remains current.
- Support the policy approval and governance process, including coordinating stakeholder reviews and feedback.
- Assist in maintaining centralized documentation repositories and version control.
Stakeholder Collaboration
- Work with FCC subject matter experts and cross-functional partners to gather information required for policy updates.
- Support business partners with questions related to policy documentation and procedural clarity.
- Facilitate coordination across teams during policy and standards refresh or update initiatives.
Audit & Regulatory Support
- Assist with preparing documentation and materials for internal audits, regulatory exams, and compliance reviews.
- Support remediation activities related to policy or documentation findings.
- Maintain records of policy approvals, updates, and governance documentation.
Qualifications
- Bachelor’s degree in Business, Compliance, Risk Management, or a related field.
- 2–4 years of experience in Financial Crimes Compliance, AML/BSA compliance, risk management, or policy governance within financial services.
- Strong written communication and documentation skills.
- Strong attention to detail and organizational skills.
- Ability to analyze regulatory guidance and translate requirements into clear documentation.
Key skills/competency
Compliance, Financial Crimes, AML, Policy Development, Risk Management, Documentation, Governance, Regulatory Affairs, Stakeholder Management, Audit Support.Skills & topics
- Compliance Analyst
- Financial Crimes
- AML
- Policy Development
- Risk Management
- Documentation
- Governance
- Regulatory Affairs
- Audit Support
- American Express
- Financial Services
- Spain
- Compliance
- Bachelor's Degree
- Written Communication
- Attention to Detail
- Organizational Skills
How to get hired
- Tailor your resume: Highlight experience in financial crimes compliance, AML/BSA, risk management, and policy governance. Use keywords from the job description.
- Craft a compelling cover letter: Express your understanding of financial crime risks and your ability to translate regulatory guidance into clear documentation.
- Prepare for behavioral questions: Be ready to discuss your attention to detail, organizational skills, and experience collaborating with diverse teams.
- Demonstrate analytical skills: Prepare examples of how you've analyzed regulatory guidance and applied it to create or update policies and procedures.
- Research American Express: Understand their commitment to risk management and customer protection to align your application with their values.
Technical preparation
Familiarize yourself with AML/BSA regulations.,Review policy writing and governance standards.,Understand risk management frameworks.,Practice translating complex guidance.
Behavioral questions
Describe a time you ensured policy accuracy.,How do you manage competing stakeholder needs?,Tell me about your attention to detail.,How do you approach learning new regulations?
Frequently asked questions
- What is the role of the Compliance Analyst at American Express?
- The Compliance Analyst at American Express supports the development, maintenance, and governance of Financial Crimes Compliance (FCC) policies, standards, and procedures enterprise-wide. This involves ensuring documentation aligns with risk frameworks and operational processes related to AML, Sanctions, and ABC.
- What qualifications are required for the Compliance Analyst role at American Express?
- A Bachelor’s degree in Business, Compliance, Risk Management, or a related field is required. Additionally, 2-4 years of experience in Financial Crimes Compliance, AML/BSA compliance, risk management, or policy governance within financial services, along with strong written communication, documentation, attention to detail, and organizational skills, are necessary.
- What are the main responsibilities of the Compliance Analyst position?
- Key responsibilities include drafting and maintaining FCC policies, standards, and procedures; supporting the policy approval and governance process; collaborating with subject matter experts and cross-functional partners; and assisting with documentation for audits and regulatory exams.
- What is the work arrangement for this Compliance Analyst role at American Express?
- The job description mentions a 'Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need.' However, specific to this role in Spain, it requires employment eligibility to work with American Express in Spain, suggesting a potential on-site or hybrid arrangement in that location.
- How does American Express support employee well-being and career development?
- American Express offers comprehensive benefits supporting holistic well-being, including competitive salaries, bonus incentives, financial well-being support, medical/dental/vision insurance, and opportunities for career development and training. They emphasize a culture where employee voices matter and work makes an impact.
- What is the importance of financial crime compliance at American Express?
- Financial crime compliance is crucial as the Global Financial Crimes Compliance (GFCC) function provides vital policy, framework, oversight, and control solutions to meet regulatory mandates concerning Anti-Money Laundering (AML), Counter Terrorism Financing (CTF), Sanctions, and Anti-Bribery and Corruption (ABC).