American Express Careers

Manager – Financial Instrument Implementation – Techno Functional

Phoenix, Arizona
Finance

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Job Description

Introduction:

In the aftermath of the 2008 financial crisis, the US Financial Accounting and Standards Board (FASB) and International Accounting Standards Board (IASB) have issued new accounting standards that will fundamentally change the recognition of impairments on many financial instruments such as credit cards (IFRS-9 and Current Expected Credit Losses (CECL)).  The new regulations now require financial institutions to replace existing incurred loss approaches with a forward looking lifetime expected loss estimate.  This has significant implications on data, reserve estimation, management forecasting, reporting and disclosures.  The IFRS-9 accounting standard is being implemented in 2018 and the CECL standard will be implemented in 2020.

 

This is an opportunity to be part of the Credit and Fraud Risk Controllership (C&FRC) team where the individual will be a member of the implementation team.  They will directly contribute to the successful system implementation and act as the lead techno functional resource from a Controllership standpoint. This position will support the operationalization of the overall technology framework that is being built for these new credit reserve models. The individual will work closely with Controllership, Risk, Risk Finance, Technologies, and other groups responsible for reserve computation/communication processes.

              
Responsibilities:

This manager role is responsible for the supporting system implementation and related data management within the Reserving Framework managed through the Oracle Financial Services Analytical Application (OFSAA) and/or any other technology platform being utilized.  This position will act as a catalyst between the functional (business team) and the American Express Technologies Team (AET). This includes helping AET understand business requirements, supporting system management, troubleshooting, rule/report writing, and SQL/Python/Java coding.   Must be comfortable in working with large batches and volumes of data.  Additionally, this role will work closely on documenting, tracking, and resolving data/system issues impacting the allowance computation.

 

Additional group responsibilities include:

  • Providing functional and process subject matter expertise on Finance systems, including:
    • Talend (or familiarity with Java based programming)
    • Oracle Financial Services Analytical Application (OFSAA)
    • Oracle Business Intelligence (OBI)
    • Hyperion Financial Management (HFM)
    • Financial Accounting Hub (FAH) and General Ledger (GL)
    • ARDW/BIDW/GDR/ODS
    • Any additional systems that may be utilized in the future
  • System administration
    • Work closely with the Production Service Management team to troubleshoot any issues and keep the business users updated on the progress
    • Manage  user entitlements to the Talend/OBI/OFSAA and ensure conformity to all AXP guidelines and standards
    • Work with process owners to understand their requirements, maintain appropriate documentation and approval of the requirements, and design processes to create the required output.
    • Design, build, and deploy the appropriate data analytical capabilities to allow stakeholders to validate and attest to their data.   This includes building OBI dashboards and analytical queries used for attestation, validation, and analysis of the base data as well as the regulatory reports.
    • Ensure outputs from allowance computation systems are accurate and complete
  • End to End process management
    • Ensure that data from all source systems is accurate and complete.  Identify and resolve data quality gaps in a timely manner.
    • Monitor all data transformation processes to ensure normal completion.  Investigate and resolve all process issues and failures.
    • Analyze the output resulting from the transformation rules to ensure accuracy and completeness.  Investigate and resolve inaccuracies in a timely manner.
    • Administer the Problem Management process for identifying, tracking, and resolving data quality issues
    • Working with stakeholders (data providers, data consumers, etc) to resolve or circumvent data quality issues
 

This position will report to the Director, Finance Instruments Implementation position within the Credit and Fraud Risk Controllership team.

 
 
Qualifications:
 
  • Experience with accounting and reporting processes, including financial and regulatory reporting, is desired.
  • Previous experience working closely with Technologies to deploy systems to re-engineer processes and solve complex business problems.
  • Experience with Talend and/or a similar applications is preferred.
  • Experience with Oracle Financials eBusiness Suite, especially the GL, Financial Accounting Hub, Consolidations, and Reporting Suite of application is preferred.
  • Experience with Oracle Business Intelligence Enterprise Edition (OBIEE) and BI Publisher, or a similar analytical toolset is strongly recommended.
  • Transformational approach to process efficiency and effectiveness.
  • Demonstrated strategic thinking and results driven approach with an ability to convert strategic vision into clear project outcomes.
  • Strong relationship management and conflict resolution skills with a proven track of positively collaborating, influencing and extensively coordinating with internal and external partners including senior leaders.
  • Excellent communication, both written and verbal, facilitation and presentation writing skills. Must be able to communicate results to stakeholders including non-finance people.
  • Ability to handle a high pressure environment, and make decisions in challenging situations.
  • Must be a self starter with an ability to drive large scale change.
  • Experience working on a globally and culturally diverse team and supporting global processes.
  • Possessing a high level understanding of the American Express businesses and processes is a plus.

Qualifications

  • Experience with accounting and reporting processes, including financial and regulatory reporting, is desired.
  • Previous experience working closely with Technologies to deploy systems to re-engineer processes and solve complex business problems.
  • Experience with Talend and/or a similar applications is preferred.
  • Experience with Oracle Financials eBusiness Suite, especially the GL, Financial Accounting Hub, Consolidations, and Reporting Suite of application is preferred.
  • Experience with Oracle Business Intelligence Enterprise Edition (OBIEE) and BI Publisher, or a similar analytical toolset is strongly recommended.
  • Transformational approach to process efficiency and effectiveness.
  • Demonstrated strategic thinking and results driven approach with an ability to convert strategic vision into clear project outcomes.
  • Strong relationship management and conflict resolution skills with a proven track of positively collaborating, influencing and extensively coordinating with internal and external partners including senior leaders.
  • Excellent communication, both written and verbal, facilitation and presentation writing skills. Must be able to communicate results to stakeholders including non-finance people.
  • Ability to handle a high pressure environment, and make decisions in challenging situations.
  • Must be a self starter with an ability to drive large scale change.
  • Experience working on a globally and culturally diverse team and supporting global processes.
  • Possessing a high level understanding of the American Express businesses and processes is a plus.

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


ReqID: 18001850
Schedule (Full-Time/Part-Time): Full-time
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