VP - Compliance - Technology

American Express • New York, NY

128d • $200,000 - $275,000

About The Position

At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career. Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express. This position will be a leader within the Global Compliance & Ethics organization, responsible for administering a comprehensive regulatory compliance program for the Technology (Tech) business unit. This role will lead an organization of line of business compliance officer teams across American Express Global Shared Services. As the leader of this Compliance verticals, the successful candidate will lead Compliance Risk Management oversight for all sub-units and portfolios within Tech, including the Enterprise Digital Portfolios comprised of Enterprise Acquisition Products & Platforms (EAPP), Enterprise Data Governance & Platforms (EDGP), Enterprise Digital Experiences (EDX), Enterprise Design & Research (EDR), Enterprise Digital Experimentation & Analytics (EDEA). Additionally, this role will lead the compliance officers for the Enterprise Communications & MarTech Experiences (ECMX) vertical within Membership Portfolio Services.

Requirements

• Knowledge of & proficiency with US open-end credit laws and regulations, including assessing applicability to American Express products & services, and specific proficiency with UDAP/UDAAP.
• Proficiency with IT General Control frameworks, Technology Software Development Lifecycle (SDLC), and agile development methodology.
• Ability to research, assess and interpret technical data, determine the regulatory impact to business initiatives and influence.
• Balanced, effective and inspiring leadership, focused on building, developing, and motivating a diverse and capable team.
• Strong relationship management and collaboration capabilities across the enterprise at all levels.
• Exceptional thought leadership skills with the ability to raise credible challenge and innovate.
• Ability to balance & prioritize effectively, and manage deliverables in a deadline-driven environment.
• Outstanding judgment and flexibility, identifying and reacting to critical issues in a timely manner.
• Strong compliance and risk management experience, particularly within shared service business processes.
• Excellent verbal and written communication skills, including presentation and storytelling abilities to Senior Leaders across the enterprise.
• Demonstrated ability to make decisions independently, work well under pressure, meet deadlines, and adapt easily to change.
• Compliance, audit, legal experience, or equivalent work experience.

Nice To Haves

• Certifications in compliance (e.g., CRMC) desirable.
• Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for this position.

Responsibilities

• Manage a team of Compliance professionals to execute all aspects of Tech's US and international compliance program, including policies, issue management, and oversight of Compliance monitoring and testing.
• Actively participate in Tech committees and other planning meetings to provide credible challenge with respect to new, existing, and changing products, services and capabilities to confirm appropriate compliance processes and controls are put in place to mitigate compliance risk.
• Represent Compliance as a member of the relevant business unit leadership teams, as well as appropriate project and control teams as required.
• Effectively manage the Compliance Issue Management process and ensure appropriate decisioning of Compliance issues, timely closure of gaps and customer remediation where required.
• Conduct the Compliance Risk Assessment, which includes the review of applicable risks, assessment of the strength of the control environment, communication of results to business partners, and review of action plans to close identified gaps.
• Ensure appropriate business-specific compliance policies, procedures, training, and communications programs are in place, and in alignment with Company-wide policies and programs and appropriate for the business activities and inherent compliance risks.
• Support regulatory examinations, internal audit reviews, Compliance monitoring and testing, and related efforts.
• Develop and retain talent to maintain a strong team and motivate colleagues to achieve career goals, as well as to promote collaboration and information sharing to make decisions more effectively.
• Actively support the implementation of new first line of defense testing and enhancement of existing tests.
• Review and approve quarterly first line of defense test results and follow up on associated action plans.
• Promote the usage of industry and internal best practices and incorporating regulatory feedback to drive continuous improvement.
• Provide proactive advice on emerging regulatory risks and issues.

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.
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need.
• 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: Senior
• Industry: Credit Intermediation and Related Activities