Vice President, Third Party Payment Processors & Network Access Financial Crime Program Oversight

American Express • New York, NY

4d • Hybrid

About The Position

Global Financial Crimes Compliance (GFCC), within Global Risk & Compliance (GRC), is responsible for enterprise-wide Anti-Money Laundering (AML), Sanctions, and Anti-Corruption compliance programs. GFCC provides independent second line (2LOD) oversight of financial crime risks and partners closely with business, risk, and control functions across the enterprise. As payment ecosystems evolve through embedded finance, ATM networks, joint ventures, marketplaces, digital wallets, bill pay providers, acquiring models, program managers, payment facilitators, and other network-based and third-party structures, strong and consistent financial crime governance across third-party models is critical. Reporting to the Global Head of Sanctions and Cross-Border Risk, the Vice President will build, lead, and operate the global 2LOD financial crimes oversight framework for third-party payment processors and business activities. This role has global 2LOD portfolio-level accountability for financial crime oversight of all third-party relationships, including but not limited to ATM networks, joint ventures, marketplaces, wallets, bill pay providers, embedded finance partners, acquiring models, program managers, payment facilitators, and other network-based payment structures across U.S. and international legal entities. This will ensure that potential regulatory exposure across AXP’s global network is identified, understood, and addressed in a consistent manner across all markets and lines of business. This role carries explicit 2LOD authority to help establish enforceable standards, escalate areas for remediation, escalate material risks, drive the 1LOD to adhere to partner consequence management standards, and recommend to 1LOD that contractual compliance expectations are consistently applied globally. This will require extensive collaboration across markets, lines of business, lines of defense, and the regional heads of GFCC.

Requirements

• Reporting to the Global Head of Sanctions and Cross-Border Risk.

Responsibilities

• Build, lead, and operate the global 2LOD financial crimes oversight framework for third-party payment processors and business activities.
• Global 2LOD portfolio-level accountability for financial crime oversight of all third-party relationships.
• Ensure potential regulatory exposure across AXP’s global network is identified, understood, and addressed in a consistent manner across all markets and lines of business.
• Establish enforceable standards.
• Escalate areas for remediation.
• Escalate material risks.
• Drive the 1LOD to adhere to partner consequence management standards.
• Recommend to 1LOD that contractual compliance expectations are consistently applied globally.
• Extensive collaboration across markets, lines of business, lines of defense, and the regional heads of GFCC.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed