Vice Presidents, Risk Management

American Express • New York, NY

7d • Hybrid

About The Position

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.

Requirements

• Master’s degree in Business Administration, Finance, Economics, Statistics, Mathematics, Financial Engineering, or a related field
• 4 years of experience with providing strategic guidance on risk management and governance implementation and enhancements, and regulatory audit strategies.
• 4 years of experience with 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.
• 4 years of experience with 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.
• 4 years of experience with defining risk appetite metrics, limits, and escalation thresholds based on back testing while ensuring alignment with regulatory requirements, company strategy, and business growth expectations.
• 4 years of experience with 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.
• 4 years of experience with working in cross-functional and cross-border teams in risk management.
• 4 years of experience with translating complex analyses for technical and non-technical audiences, including senior risk leadership, risk management committees, Board committees, internal audit, and regulatory agencies.
• 4 years of experience with leveraging data analytics and visualization tools, including Python, SAS, Power BI, SQL, and VBA.
• 4 years of experience with designing risk management processes, including robust controls to mitigate process risks, including inherent risk, residual risk, process risk self-assessments, and controls testing.
• 4 years of experience with utilizing statistical and econometric methods, including linear regression models, Value at Risk, Monte Carloe simulation, stress testing and scenario analysis, and economic capital.

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.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Executive