Credit and Fraud Risk (CFR) is a global function, responsible for making the right credit and fraud risk decisions that uphold operational excellence, drive growth, and accelerate innovation across American Express. CFR combines technology and infrastructure with new computing techniques to make better risk decisions and provide real-time customer communications and fraud servicing.

How will you make an impact in this role? You will join a team responsible for supporting and collaborating in the definition of credit strategies and models, credit risk monitoring and governance for the acquisition of individuals and small companies.

Thanks to your strong analytical mindset and data manipulation skills you will work on projects to implement automated monitoring systems while deep-diving on identifying opportunities of growth. You will be involved with the CFR International Centre of Excellence teams on defining and implement the best-in-class modelling solutions and strategies dedicated to acquisition for individuals and small companies.

Responsibilities In particular, you will be requested the following activities:

- Credit Risk Data and Processes: Identify new and innovative data points and sources to enhance our models and strategies, then support the integration of the new data in our systems. Identify opportunities for process efficiencies and contribute to work flow/process change redesign, forming a good understanding of the specific product or process.
- Credit Risk Analysis: analyse, assess, and quantify the impact and probability of various risk scenarios and select the most appropriate course of action for the given situation.
- Insights and Reporting: Develop, create and maintain credit risk reporting. Lead execution of complex reports,



identifying and interpreting complex patterns and trends, and translating those insights into actionable recommendations. Applies comprehensive knowledge and skills to create relevant, lucid and effective reports.
- Computer Skills: Independently supports business processes with comprehensive understanding and effective use of standard office equipment software packages (SQL and Python).
- Credit Risk Management: Keep track of risk parameters, identifying any more deviations and reporting them to more senior colleagues.
- Compliance Management: Works with guidance to achieve full compliance with applicable policy and regulations.
- Analyse Alternatives and Recommend Solutions: Develop expert understanding of the end-to-end customer journeys, understand the systems where the data resides, the processes by which data is collated and stored and the methods available for data retrieval.

Qualifications Minimum Qualifications:

- quantitative degree required.
- from around 4 to 10 years of relevant work experience in any of these fields: Credit Risk, Modelling, Consulting, Data and Analytics.
- Experience in automated reporting, models and analytical systems.
- Strong analytical skills and professional proficiency in SQL and Python and automation tools (PowerBI is a plus).
- Understanding of Credit Risk Modelling (preferred if Machine Learning).




- Demonstrated ability to work collaboratively in a team environment and a strong willingness to learn.
- Proficient in English and Italian.
- Credit Bureau knowledge is a plus.

Non-considerations For Sponsorship Employment eligibility to work with American Express in (the country) is required as the company will not pursue visa sponsorship for these positions. Applicable National Collective Bargaining Agreement: Terziario, Distribuzione e Servizi

Salary Range: €48.000 to €72.000 annually + bonus + benefits The advertised salary range is based on full-time employment and will be prorated for tempo parziale roles.

About The Team We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

- 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.

📌 Senior Credit Risk Analyst (Milano)
🏢 American Express
📍 Milano