American Express has opened a new Decision Science Centre of Excellence (CoE) in Singapore that will deliver global data-driven solutions for the company.
The CoE will focus on data science applications in the areas of credit and fraud risk model development and production using artificial intelligence (AI), machine learning (ML), and natural language processing (NLP).
The CoE’s managing director, Changbin Wang, said Singapore is recognised world-leading financial and technology hub.
"Setting up a global innovation centre in Singapore reflects our commitment to continue investing in this country, and we are confident the country's exceptional and diverse talent will help fuel American Express' next wave of innovation to better service our global card member base," Wang said.
Over time, American Express is expected to expand the focus of the CoE to include “cutting-edge” research leading to the development of other AI, ML and natural language processing (NLP) technology use cases to support the company's growth aspirations.
American Express is hiring for the innovation lab and is seeking candidates with master's degrees or PhDs in the areas of mathematics, engineering, finance, computer science, or other equivalent technical programs for data scientist and AI/ML researcher roles, Wang said.