Full Job Description
American Express National Bank seeks Vice Presidents, Risk Management to lead risk management transformation initiatives from initiation to completion, ensuring delivery within defined scope, budget, and timelines.
Responsibilities
Identify and mitigate project risks and issues through proactive planning and resolution strategies. Support risk governance processes by preparing materials for leadership reviews and decision-making forums. Lead strategic and reputational risk activities within independent risk oversight functions. Design and execute credible challenge frameworks for strategic and reputational risk management, including policy development, risk appetite, risk monitoring, reporting, risk identification, assessment and mitigation. Conduct comprehensive risk assessments to highlight emerging risks and recommend control enhancements. Evaluate and challenge the organization's strategic planning process to ensure risk alignment. Monitor external developments to identify potential strategic and reputational risks, including media coverage, public sentiment, competitive actions, regulatory shifts, macroeconomic and industry trends.
Qualifications
Position requires a Master's degree in Business Administration, Finance, Economics, Statistics, Mathematics, Financial Engineering, or a related field, and 4 years of experience with providing strategic guidance on risk management and governance implementation and enhancements, and regulatory audit strategies. Experience must also include 4 years of experience with each of the following: developing risk management frameworks, policies and procedures related to risk governance, risk appetite, risk oversight; defining the requirements for the identification, measurement, and monitoring of risks, establishing roles and responsibilities; regulatory requirements for financial institutions, including the OCC Heightened Standards, Regulation YY, and Tailoring Rules, as well as corresponding requirements for Domestic and Foreign Banking Organizations, FDIC Deposits Insurance guidelines, and Dodd Frank Act; defining risk appetite metrics, limits, and escalation thresholds based on back testing while ensuring alignment with regulatory requirements, company strategy, and business growth expectations; operating risk management processes within the three lines of defense model, including performing end-to-end process reviews and providing credible challenge on the risk-taking processes related to both financial and non-financial risk management activities; working in cross-functional and cross-border teams in risk management; translating complex analyses for technical and non-technical audiences, including senior risk leadership, risk management committees, Board committees, internal audit, and regulatory agencies; leveraging data analytics and visualization tools, including Python, SAS, Power BI, SQL, and VBA; designing risk management processes, including robust controls to mitigate process risks, including inherent risk, residual risk, process risk self-assessments, and controls testing; and utilizing statistical and econometric methods, including linear regression models, Value at Risk, Monte Carloe simulation, stress testing and scenario analysis, and economic capital. Telecommuting is available up to 2 days per week.
Job Location: New York, NY
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
• 6% Company Match on retirement savings plan
• Free financial coaching and financial well-being support
• Comprehensive medical, dental, vision, life insurance, and disability benefits
• 20+ weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy
• 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
For a full list of Team Amex benefits, visit our Colleague Benefits Site.
The below represents the expected salary range for this job requisition. Ultimately, in determining your pay, we'll consider a number of job-related factors, including experience and location.
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