You Lead the Way. We've Got Your Back. With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you'll learn and grow as we help you create a career journey that's unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally. At American Express, you'll be recognized for your contributions, leadership, and impact - every colleague has the opportunity to share in the company's success. Together, we'll win as a team, striving to uphold our company values and powerful backing promise to provide the world's best customer experience every day. And we'll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong. Join Team Amex and let's lead the way together. The Central Rating and Underwriting Team sits within the Credit and Fraud Risk division and forms the institutional credit risk management function. The CRU team plays the critical role of assessing and managing the risk of institutional exposures across all business units within American Express, and in all regions globally. Credit exposures are primarily generated through corporate and small business card programs, working capital facilities, via merchant service relationships where non-delivery risk exists, and among the securities portfolio held for firm-wide liquidity. CRU is led from Salt Lake City with regional teams in New York, London, Singapore, Bangalore and Sydney. How will you make an impact in this role? In addition to determining the internal credit rating which drives the probability of default of each exposure, CRU also calculates the loss given default of these obligors while underwriting card programs. As a bank holding company, American Express must comply with the highest global banking standards set by Basel and implemented by the banks primarily regulatory, the Federal Reserve. Credit Risk Analysts in CRU are responsible for rating and underwriting credit exposures in their assigned region, industry, and business line. Fundamental analysis incorporates a thorough review of business, financial, industry and country risk coupled with support from internal and external rating model outputs. Assessment includes understanding of the need for credit extension, profitability of the relationship and program structures. CRU Analysts interact with various constituents across the firm including front office sales, business unit risk partners, and credit administration to perform their critical role. Minimum Qualifications Fluency in English and Italian mandatory; other Western European language would be advantageous. Bachelor's degree/equivalent in Finance or a related subject. Understanding of fundamental financial analysis including the ability to review corporate financial statements to determine the ability of the obligor to honour its credit obligations. Understanding of GAAP/IFRS accounting standards, corporate valuation, and forecasting. Comfortable determining appropriate credit capacity, structuring of facilities, and risk mitigation techniques. Experience in fundamental rating and / or underwriting of commercial enterprises at a financial institution or rating agency (1-2 years) Familiarity with quantitative credit models (such as Moody's RiskCalc, CreditEdge, S&P - Capilal IQ, Experian, etc) and knowledge of how to interpret the outputs, and when deviation from the model output. Comfortable with public agency ratings reports (preferable). Comfortable preparing company-specific and industry-wide credit risk memorandums. Excellent judgment in making sound rating and underwriting decisions to maximize profitability and mitigate risk Understanding of banking regulations, particularly those imposed by Basel Committee on Banking Supervision. Understanding of current macroeconomic trends and how to provide recommendations to improve the Probability of Default estimation based on the business cycle. Familiarity with lending activity in UK, European and global markets We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include: Competitive base salaries Bonus incentives Support for financial-well-being and retirement Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location) Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need Generous paid parental leave policies (depending on your location) Free access to global on-site wellness centers staffed with nurses and doctors (depending on location) Free and confidential counseling support through our Healthy Minds program Career development and training opportunities Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.