American Express Off Campus Drive 2024 hiring Freshers Recruitment as Data Science Analyst

American Express Off Campus Drive 2024 Hiring Data Science Analyst for BE/BTech/ME/MTech Candidates Can Apply online from below details. Candidates who are interested in American Express Off Campus Job Openings can go through the below to get more information.

American Express hiring Data Science Analyst

Company: American Express
Qualifications: BE/BTech/ME/MTech
Experience Needed: 0-2 years
Location: Gurgaon
Req ID: 24000008

Functional Description:
Model Risk Management Group (MRMG) within Global Risk and Compliance Group, is responsible for the independent risk management of all American Express (AXP) models.

Roles & Responsibilities:
The successful candidate will be responsible to manage and controls model risk, specifically associated to the regulatory models like CCAR, CECL, IFRS9, Economic Capital and Membership Reward. This role will elevate model excellence, strengthen long term shareholder value, and adapt to the changing landscape of both model development innovation, external environment and heightened regulatory expectations.

 

The specific responsibilities include:

• Conduct independent oversight of enterprise-wide models with a focus on a variety of statistical and mathematical models developed and used in Finance, Treasury and Risk – Economic Capital models, IFRS9, CECL, and CCAR Stress Test models,
• Conduct gap assessments and establish robust framework to strengthen model risk controls and meet heightened regulatory standards
• Conduct research to explore opportunities to elevate model excellence and drive business impact
• Communicating results to partners, senior leadership and various model committees

Critical Factors to Success:
1.Business Outcomes:

• Effectively challenge the conceptual soundness, theory and approach, purpose/usages of predictive models
• Maximize business returns by institutionalizing efficient and accurate models.
• Innovate modeling techniques and variable creation
• Ensure modeling accuracy and enhance modeling efficiency in existing processes

1. Leadership Outcomes:

• Put enterprise thinking first, connect the role’s agenda to enterprise priorities and balance the needs of customers, partners, colleagues & shareholders.
• Lead with an external perspective, challenge status quo and bring continuous innovation to the existing models
• Demonstrate learning agility, make decisions quickly and with the highest level of integrity
• Lead with a digital mindset and deliver the world’s best customer experiences every day

Minimum Qualifications:
0-2 years’ experience in analytics or big data workstreams
Master’s degree in economics, Statistics or Related Fields from Top Tier Institute

Functional Skills/Capabilities:
Hands-on model development or validation experience. • Strong Analytical and Relationship and project management skills for driving validation initiatives. • Experience in applying advanced statistical and/or quantitative techniques to solve business problems is preferred. • Good Verbal, Written, Interpersonal skills and ability to work effectively in a team environment. • Willingness to Collaborate with Cross-Functional teams to drive validation and Project Execution. • Effectively communicating complex Analytical results to Business Partners and Senior Management. • Flexibility and Adaptability to Work Within tight deadlines and changing priorities.