Analyst - Risk Management at American Express (Gurugram) | ₹8-12 LPA

American Express; Gurugram District; On-site; INR 600,000 - 900,000; Full time

Job summary

The External Fraud Risk Oversight team at American Express provides independent oversight of external fraud risk management across Cards, Banking, and Non-Card products. You will monitor processes and controls and challenge First Line risk management to mitigate fraud.

Ideal candidates have 0-2 years in risk/oversight, a quantitative degree, and skills in SQL and Python. On-site presence is required three days per week in India.

Qualifications

• 0-2 years of experience in risk management, risk oversight, and analytics.
• Degree in a quantitative field (Engineering, Mathematics, Computer Science, or Economics).
• Knowledge of SQL and Python.

Responsibilities

• Provide independent oversight on risk processes and non-model tools used in external fraud risk management.
• Assist in developing and enforcing external fraud prevention policies and procedures. Recommend enhancements to existing processes to improve fraud detection capabilities.
• Utilize advanced external fraud detection and monitoring tools to analyze and highlight emerging fraud trends and high-loss fraud events.

Skills

SQL

Python

Analytical skills

Education

Quantitative degree (Engineering, Mathematics, Computer Science, or Economics)

Job description

The External Fraud Risk Oversight team within Financial Risk Management (FRM) is part of the Global Risk and Compliance (GRC) organization. This function provides independent oversight on external fraud risk management.

In this role, you will assist in independent oversight of external fraud risk, covering business processes and non-model tools. As an external fraud risk oversight analyst, you will monitor and analyze processes and controls to prevent First Party/Victim Fraud on Cards, Banking, and Non-Card products. Your expertise will help mitigate potential fraud by providing effective challenge to First Line risk management teams.

Key Responsibilities

• Provide independent oversight on risk processes and non-model tools used in external fraud risk management.
• Assist in developing and enforcing external fraud prevention policies and procedures. Recommend enhancements to existing processes to improve fraud detection capabilities.
• Utilize advanced external fraud detection and monitoring tools to analyze and highlight emerging fraud trends and high-loss fraud events.

Qualifications

• 0-2 years of experience in risk management, risk oversight, and analytics.
• Degree in a quantitative field (e.g., Engineering, Mathematics, Computer Science, or Economics).
• Knowledge of SQL and Python.
• Strong technical and analytical skills, with the ability to apply quantitative methods and business skills to create insights and drive results.
• Strong analytical skills, including the ability to translate complex and disparate information into comprehensive conclusions for colleagues, business partners, and senior leaders.
• Ability to work independently and across a matrix organization, partnering with business partners, functional owners, capabilities, technology teams, and external vendors.
• Rigorous and analytical approach to problem-solving, decision-making, and prioritization, collaborating across teams and geographies.
• This role requires being on-site 3 days per week.
• Preferred Qualifications:
• Prior experience in external fraud risk management.
• Prior experience in oversight functions.
• Degree in a quantitative field (e.g., Engineering, Mathematics, Computer Science or Economics)

About the Company

At American Express, our culture is built on a 175-year history of innovation, shared values, and Leadership Behaviors, with an unwavering commitment to back our customers, communities, and colleagues. From delivering differentiated products to providing world-class customer service, we operate with a strong risk mindset, ensuring we uphold our brand promise of trust, security, and service.

As part of Team Amex, you will experience our 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.

American Express Company (Amex) is a globally recognized multinational financial services corporation, founded in 1850 and headquartered in New York City, USA. Known for its premium charge cards, credit cards, and travel-related services, American Express has built a reputation for exceptional customer service, strong brand loyalty, and catering to affluent consumers and businesses. The company's mission is to provide trusted, innovative payment, travel, and expense management solutions that enrich the lives of its customers and help them achieve their goals.

With over 60,000 employees worldwide, American Express operates in more than 130 countries, serving millions of cardholders and merchants. It consistently ranks among the world's most valuable brands and is recognized for its commitment to diversity, sustainability, and digital innovation. Recent achievements include expanding its digital payment capabilities, forging strategic partnerships in fintech, and enhancing rewards programs to meet evolving customer needs. American Express continues to play a leading role in shaping the future of global payments and financial services.