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.
How will you make an impact in this role?
- The role will support AXP credit reserves (CECL) team in conducting deep dive and analytics around macroeconomic data and trends and international CECL reserve
- Research and analyze macroeconomic data used in models to be able to assess their impact on the credit reserves
- Monitor key economic indicators, such as unemployment, GDP, interest rates, inflation, etc.
- Follow macroeconomic data, trends, and events, and quantify impact on credit reserve due to changes in key macroeconomic trends and assumptions
- Prepare reports and presentations on macroeconomic trends and forecasts for senior management and various committee meetings
- Maintain comprehensive documentation of macroeconomic assumptions on credit reserving assessment for audit and regulatory compliance
- Partner with various cross-functional teams, including Controllership, Corporate Planning, Risk Modeling and Technology on macroeconomic topics
Minimum Qualifications:
- Bachelor's degree in Economics or a related field
- Advanced skillset with SQL, Python or R, Excel and PowerPoint
- Strong understanding of statistical/predictive models, data extraction and analytical techniques using complex macroeconomic and financial databases
- Successful candidate will have proactive "can do" attitude and strong background in economics
- Excellent communication and presentation skills, with the ability to convey complex concepts to non-technical stakeholders
- Ability to present to and influence senior leaders, internal validation teams, and external regulators
- Must be able to translate ideas into understandable business solutions and demonstrate thought leadership in developing value-added analyses
- Must be results driven and proactive with the ability to manage multiple projects and work within tight timelines
- Detail-oriented with a commitment to accuracy and compliance
Preferred Qualifications:
- Master's Degree in Economics or related field
- 3+ years of related experience preferred
- Experience working with macroeconomic data from Moody’s, Oxford Economics or S&P Global preferred
Salary Range: $89,250.00 to $150,250.00 annually + bonus + benefits
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we’ll consider your location, experience, and other job-related factors.
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
- 6% Company Match on retirement savings plan
- Free financial coaching and financial well-being support
- Comprehensive medical, dental, vision, life insurance, and disability benefits
- Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
- 20+ weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy
- 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
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