Compliance Analyst - GMS

Job Description

It is essential that candidate has an excellent understanding of European and Spanish AML regulations as well as working knowledge of Payment Services regulations and EU regulatory bodies.

As a member of the Spanish compliance team, the candidate will assist in handling a variety of compliance related matters mostly on the merchant acquiring European business operations, assist in the implementation of Enterprise and business policies and procedures to achieve compliance with legal obligations and Company policy.  Undertake Compliance monitoring and testing, support any compliance-related internal or external audits as well as regulatory inspections, define and support implementation of corrective action plans, provide guidance to the business and perform compliance-related training programs.

More precisely, the position will have responsibility to assist the Spanish Compliance team in working closely with business resource to oversee and approve the Partner/agent due diligence processes, ensuring that these are of an acceptable standard to enable the business to proceed to contract. 

Registration and oversight of the acquiring business engagement with agents across the European jurisdictions, including:

  • Coordination with merchant business for fulfilment of the Partner's Oversight questionnaire and Due Diligence process.
  • Coordination with merchant business for collection of agents Directors Honourability assessments and any other applicable elements of the licence application requirements.
  • Preparation and accurate filing of Bank of Spain forms.  Liaison with BoS Registry department to obtain successful approval of applications.
  • Onboarding of approved new agents at BoS online agent register.
  • Support European colleagues (compliance and business) in the oversight of agents ongoin performance at first and second line controls.
  • Ongoing compliance input to business on impact analysis for new acquiring business models if under Spain Regulations.

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

Minimum Qualifications

  • At least 5 years of working experience on AML related matters in a Credit or Payment institution.

  • University degree (combined law and economics degree would be a plus).

  • Analytical skills. Proficient on MS Office.

  • Knowledge of company operating processes within a multinational company such as Amex is a plus, as well as prior experience in Amex merchant business and Acquiring Service Providers' acquisition models.

  • Strong communication skills (verbal and written).

  • Fluency in English, both verbal and written is a must as well as good formal Spanish writing skills.


Why American Express?

There’s a difference between having a job and making a difference.

Amex have been making a difference in people’s lives for over 160 years, backing them in moments big and small, granting access, tools, and resources to take on their biggest challenges and reap the greatest rewards.

We’ve also made a difference in the lives of our people, providing a culture of learning and collaboration, and helping them with what they need to succeed and thrive. We have their backs as they grow their skills, conquer new challenges, or even take time to spend with their family or community. And when they’re ready to take on a new career path, we’re right there with them, giving them the guidance and momentum into the best future they envision.

Because we believe that the best way to back our customers is to back our people.

The powerful backing of American Express.

Don’t make a difference without it.

Don’t live life without it.

Talk to our people and you’ll find out what we’re really all about. Open, creative, risk-taking, collaborative and innovative are just some of the expressions you’ll hear. It’s our culture that makes American Express an outstanding place to work, and a big part of why we regularly win best workplace awards all over the world. If you’re ready to take on a challenge and make an impact, you owe it to yourself to launch or grow your career here.

Proud to be recognized by Great Place to Work España - Ranked 2nd of overall Best Companies.

To complete your application please click on the links below. However, if you require any assistance with the completion of this process – or need any reasonable adjustments to be made – then please contact the Recruitment Team on


ReqID: 21001901
Schedule (Full-Time/Part-Time): Full-time
Date Posted: Feb 18, 2021, 11:27:28 AM