American Express

Vice Presidents, Risk Management

American Express$160K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Business Administration, Finance, Economics, Statistics, Mathematics, or related field.
  • 4 years of experience in risk management and governance implementation.
  • Expertise in developing risk management frameworks, policies, and procedures.
  • Familiarity with regulatory requirements for financial institutions, including OCC and Dodd Frank Act.
  • Proficient in data analytics tools like Python, SAS, Power BI, SQL, and VBA.

Responsibilities

  • Identify and mitigate project risks through proactive planning.
  • Prepare materials for leadership reviews and decision-making forums.
  • Lead strategic and reputational risk activities within independent risk oversight functions.
  • Design and implement frameworks for managing strategic and reputational risks.
  • Conduct comprehensive risk assessments to suggest control enhancements.
  • Monitor external developments to identify potential strategic risks.
  • Evaluate strategic planning processes for risk alignment.

Benefits

  • Competitive base salaries
  • Bonus incentives
  • 6% Company Match on retirement savings plan
  • Free financial coaching and support
  • Comprehensive medical, dental, and vision benefits
  • 20+ weeks paid parental leave for all parents
  • Access to on-site wellness centers staffed with healthcare professionals
  • Free confidential counseling support through Healthy Minds program
  • Career development and training opportunities
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.
#LI-DNI #FB-DNI #IN-DNI #TW-DNI #GD-DNI #WayUp-DNI #ZipRecruiter-DNI

About American Express

Amex provides industrial services to the coatings and linings sector, providing support for commercial, industrial, and maritime projects such as petrochemical, power, and water treatment industries. They offer painting services for steel structures, storage tank linings and coatings, pipelines, floors, and marine vessels such as ships, tugboats, and barges.

American Express Careers

Join the vibrant team at American Express, a global leader in financial services, and be part of a company that values innovation, leadership, and diversity. At American Express, we offer more than just job opportunities; we provide a platform for professional growth and a chance to be part of a culture that is committed to excellence and inclusive growth. Work You’ll Do At American Express, we are dedicated to helping our employees reach their full potential. With a variety of career paths available in areas such as technology, marketing, finance, and customer service, American Express is the perfect place to advance your career. Our team is composed of highly skilled professionals who thrive on innovation and collaboration. Join our team and contribute to a company known for its prestigious history of leadership in the credit card industry. Engage in meaningful work that makes a real impact on our global scale business operations. American Express Leadership and Development Programs We believe in nurturing the leadership skills of our employees with extensive training programs and leadership development opportunities. Our commitment to professional growth is evident in our comprehensive benefits package that supports both personal and professional development. Internship Opportunities Start your career with an internship at American Express and gain valuable industry experience. Our internships offer a chance to develop skills, work on challenging projects, and learn from leaders in the industry. Interns at American Express are considered integral members of the team and are given responsibilities that provide a real insight into their future career paths. Diversity and Inclusion At American Express, diversity and inclusion are at the core of our company culture. We are committed to building a diverse workforce and inclusive environment where every employee feels valued and inspired. We offer diversity training programs that empower our employees to thrive and lead in a global marketplace. Networking and Innovation Our employees enjoy unparalleled opportunities for networking and personal growth through our global connections and innovative projects. American Express encourages a culture of innovation that helps propel our company and your career forward. Career Benefits and Growth American Express is dedicated to the growth of its employees. We offer competitive benefits, including health, retirement plans, and family leave, ensuring that our team members have the support they need to succeed both at work and in their personal lives. Join Our Team Explore the job opportunities and open positions at American Express. We are continuously hiring talented individuals who are passionate about their careers and interested in working for a company that offers a dynamic and supportive environment. Stay Connected Keep up to date with the latest from American Express Careers by following our career blog and signing up for job alert emails. Tailor your subscription to receive updates that match your skills and interests. Discover the exciting and rewarding career opportunities that await at American Express. SEARCH AMERICAN EXPRESS JOBS Whether you are looking for a full-time position, an internship, or a leadership opportunity, American Express offers a path to a rewarding career. Join us and make a difference with your passion, creativity, and drive.
Learn more about American Express
Size
64,000 employees
Market Cap
$108.1 billion
Industry
Net Income
$3.1 billion
Founded
1850
5 Year Trend
+3.5%
Revenue
$37 billion
NASDAQ

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