Analyst, Foreign Exchange

Treasury group at American Express enables profitable business growth through management of the company’s balance sheet including liquidity, capital distribution, and global money movement strategies. Treasury also plays a key role in identifying, measuring and addressing financial and operational risks. We ensure that the right amount of capital, funding, and liquidity is in the right currency, in the right place, at the right time, with the right controls.  

Reporting to the Manager, Foreign Exchange, the Analyst, Foreign Exchange (FX) supports the identification, measurement and management of foreign-exchange exposures across assigned entities and currencies and the setting of global FX rates. The role prepares exposure forecasts and reconciliations, supports related hedging activities, maintains control evidence, monitors market activity, and produces reporting on FX risk and FX rate setting. The analyst partners across Treasury, Finance, Risk, Tax, Technology and banking providers to help manage foreign-exchange risk within approved policy, governance and regulatory requirements.

Key Accountabilities

Foreign-exchange risk and execution

• Perform daily FX exposure management processes relating to cross-border cardmember spending, ensuring completion within required timelines.
• Forecast inbound and outbound cardmember spending for a broad range of currencies using trend analysis and data from internal systems and reports.
• Reconcile daily forecasts to actual exposures from the Exposure Management Platform (EMP), research significant variances and escalate exceptions.
• Prepare daily exposure trade instructions for review and execution by the Treasury FX dealing team.
• Perform assigned responsibilities within the approved risk framework and internal controls, and support enhanced reporting and analysis as required.

Foreign-exchange rate setting

• Perform the daily setting of global FX rates for conversion of cardmember spending using the Rate Selection System (RSS).
• Complete daily FX rate-setting processes and validate that rates comply with applicable Customer Terms and Conditions.
• Utilize proprietary systems and data service applications to source and validate rates.
• Submit approved rates to downstream systems within required timelines and support internal rate setting processes.
• Maintain records in accordance with internal operational controls and support Customer Service and broader business-line inquiries regarding FX rates.
• Support projects involving the ongoing maintenance and development of RSS.

Controls, governance and risk

• Execute assigned foreign-exchange controls, including exposure validation, reconciliations, access reviews and evidence retention, and support global operational risk related control processes for FX Exposure Management and FX rate-setting activities.
• Support the maintenance of global foreign-exchange policies, procedures, process maps, control descriptions and contingency plans to ensure documentation reflects the current operating model.
• Identify market, operational and data risks; document exceptions, support remediation and escalate issues transparently.
• Support risk and control assessments, internal and external audits, regulatory reviews and management testing with complete, timely evidence.
• Perform activities in accordance with applicable Treasury policies, legal-entity requirements, banking mandates and local regulations.

Markets, systems and data

• Support the effective use of systems and reporting tools used in FX exposure management and rate-setting activities.
• Maintain appropriate system access and segregation of duties, and assist with periodic access reviews.
• Use data provided by customary data service providers and relevant American Express proprietary systems accurately and in accordance with procedures.
• Support automation initiatives and well-controlled technology changes affecting FX processes and systems.
• Identify and recommend opportunities to improve process efficiency, data quality and risk outcomes.

Teamwork and partnership

• Take ownership of assigned deliverables, maintain market awareness and analytical quality, demonstrate strong control discipline, and contribute to team knowledge sharing and continuous improvement.
• Work effectively with multiple internal stakeholders within Treasury, Accounting, Tax, Risk, Compliance, Technology and business teams.
• Prepare concise foreign-exchange analysis, scenario outputs, presentation materials and supporting information for Treasury leadership and governance forums.
• Support projects and change initiatives affecting foreign exchange, including new currencies, products, platforms, accounting changes, counterparty arrangements and resilience improvements.
• Build FX subject-matter expertise, provide reliable coverage for assigned exposure-management and rate-setting activities, and cross-train to support Cash Management and Funding activities as required.

• Bachelor’s degree in finance, accounting, economics, business or a related discipline.
• Highly motivated self-starter with the ability to identify issues, develop solutions, manage multiple priorities and deliver results within time-sensitive market deadlines.
• Strong written and verbal communication, organizational and analytical skills, with proficiency in Microsoft Office applications and the ability to adapt to changing technology environments.
• Demonstrated proficiency in MS office Applications

Capabilities

Role scope and working expectations:

• Handles confidential financial, banking and access information in accordance with company policy.
• Operates within documented authority limits and maintains effective segregation of duties.
• Working on local and International Bank Holidays will be required on a rotational basis in return for time off in lieu. 
• 7am local start time required

Where work permit, visa or other immigration authorization is required, American Express may, at its sole discretion and subject to applicable law, decide whether to apply for or sponsor it. In deciding, American Express may consider business needs, the nature of the position and the cost involved.

The below 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.​

KYD 60K – 100K