Audit Manager - Third Party Risk

American Express•New York, NY

About The Position

The Internal Audit Group at American Express is a global function with over 400 team members across nine countries. Our mission is to protect and enhance organizational value by providing independent, objective, risk-based assurance and advisory services, influencing how the company manages risk. We are committed to significant growth in our audit staff as we expand and enhance the Internal Audit Group. Our professionals come from diverse backgrounds, including internal controls, consumer compliance, technology, operational risk, financial accounting, data analytics, and banking operations. Audit teams are aligned to key risk areas and business units to ensure comprehensive and risk-based audit coverage. The Professional Practices group manages audit operations, quality, standards, regulatory relations, reporting, training, professional development, and key internal capabilities and technologies. This manager role supports the Internal Audit Group’s assurance coverage for Third-Party Risk Management. The individual will support audit engagements, leading planning and execution activities, evaluating control design and effectiveness, and providing actionable insights to strengthen third-party governance, due diligence, ongoing monitoring, lifecycle management, issue management, operational resilience, and third-party risk management practices.

Requirements

5+ years of audit experience
Prior experience working at a Big Four / G-SIB
Understanding of third-party risk management frameworks, including governance, due diligence, ongoing monitoring, lifecycle management, issue management, and reporting
Understanding of risks associated with third-party relationships across the vendor lifecycle, including operational resilience, information security, technology, data management, financial crime, and regulatory compliance.
Demonstrates strong written and verbal communication skills to deliver deliverables with quality, and actionable value-add feedback to management on issues, opportunity areas, and deficiency solutions
Effectively leads a team in a fast-paced environment to drive business results, utilizing related project management skills, employing creative thinking, and the ability to work on competing priorities
Applies critical thinking to break-down complex problems into components, and solve using data analysis, process, risk control knowledge, and experience to drive risk-based conclusions and decisions
Applies control theory and professional auditing practices throughout the audit lifecycle
Understands regulations, regulatory risks, accounting, and financial industry best practices relevant to the business, including emerging technology and data considerations, and incorporates into the audit approach to enhance outcomes
Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.

Nice To Haves

Experience in Internal Audit, Third-Party Risk Management, Vendor Risk Management, Operational Risk, Enterprise Risk, Procurement, Compliance, Technology Risk, or a related control function within the financial services industry.
Experience with Third-Party Risk Management (TPRM) programs, including third-party governance, due diligence, ongoing monitoring, contract lifecycle management, exit strategies, resilience, or vendor performance management.
Understanding of third-party risk regulatory frameworks and industry guidance, including OCC Third-Party Risk Management Guidance, FFIEC guidance, GDPR, or comparable international regulatory frameworks.
Experience assessing governance, reporting, data management, or technology platforms supporting third-party risk management programs.
Experience with data analytic tools, data visualization, key risk indicators (KRIs), key performance indicators (KPIs), information systems / technology, and scorecards / dashboards, etc.
Interest in working with data, interpreting results, analytic best practices and experience with data analytics tools and data visualization

Responsibilities

Serve as Auditor in Charge (AIC) on audits, managing the audit engagement end-to-end, planning audit projects, defining objectives and scope, and coordinating with control groups, external auditors, stakeholders, and regulators to ensure effective execution.
Conduct L1 reviews.
Serve as the primary audit client contact.
Analyze / review audit results and documentation to evaluate effectiveness and efficiency, synthesizing audit findings.
Lead audit client meetings and walkthroughs.
Develop test steps, audit findings, and the audit report in accordance with IAG policies and procedures.
Guide team on how to validate and execute corrective actions / Management Action Plans (MAPs) are impactful, sustainable, and improve the control environment of the business unit.
Support business monitoring activities with audit leadership, tracking key metrics to identify control issues and trends.
Stay up to date with evolving industry trends, external news and regulatory changes, and analyze the impact to the business.
Delegate tasks to team members; guide auditors in assessing risks, evaluating control design, and executing audit tests; review and provide feedback on work papers.
Effectively coach, teach, mentor, and develop less experienced colleagues and co-sourced resources in geographically diverse locations across all aspects of their role, the audit and analytic lifecycle, audit methodology and best practices.
Conduct post-audit feedback discussions with audit team members to provide actionable feedback, support development, and recognize accomplishments.
Guide team to proactively and routinely communicate task status, roadblocks, challenges, suggesting potential solutions to the team.