Director-Risk Management; Risk Appetite

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With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you’ll learn and grow as we help you create a career journey that’s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.

At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.

Join Team Amex and let's lead the way together.

How we serve our customers is constantly evolving and is a challenge we gladly accept. Whether you’re finding new ways to prevent identity fraud or enabling customers to start a new business, you can work with one of the most valuable data sets in the world to identify insights and actions that can have a meaningful impact on our customers and our business. And, with opportunities to learn from leaders who have defined the course of our industry, you can grow your career and define your own path. Find your place in risk and analytics on #TeamAmex.

How will you make an impact in this role?

The Enterprise Risk Management & Risk Oversight (ERM&RO) organization within Global Risk and Compliance (a Second Line of Defense function) is responsible for identifying and managing risk across all business units, functions, processes, and geographies at American Express.

The ERM Framework, Governance and Reporting team within ERM&RO provides an independent view of risks faced by American Express and is responsible for aggregating the risk profile for the Company. The team is focused on key risk management activities, including but not limited to, risk identification and assessment, risk appetite, effective challenge, and committee governance and reporting.

These responsibilities span the AXP Bank Holding Company as well as the subsidiary US Bank (American Express National Bank).

The Director of Risk Appetite is responsible for developing, managing and monitoring risk appetite statements, which articulate the level and type of risk the company is willing to accept to carry out its strategic plans. Specific responsibilities for the Director of Risk Appetite include:

• Assist with the design, implementation and ongoing maintenance of the Risk Appetite Policy and Risk Appetite Statement, as well as the Escalation Policy
• Contribute to the CRO’s challenge to the Company’s strategic plan, and identify and document implications of the plan to the Company’s risk appetite framework
• Provide ongoing monitoring and reporting of Company-wide adherence to risk thresholds and limits, ensuring timely and disciplined risk escalation and remediation
• Provide effective challenge to the cascade of Enterprise risk appetite to the business units
• Provide effective challenge to Second- and First-Line ongoing implementation of the Risk Appetite Policy and Statement and the Escalation Policy
• Supervise junior team members

Minimum Qualifications

• Bachelor's degree in finance, economics, business administration, or related field
• Minimum 8 years of experience in enterprise risk management, or similar risk management discipline, within the financial services industry
• Strong understanding of financial markets, products, and regulatory requirements impacting risk management
• Proven track record of designing and implementing enterprise-wide risk management frameworks and methodologies
• Excellent communication, collaboration and writing skills. Able to manage stakeholders in the First- and Second- Lines of Defense at all levels
• Proven ability to translate complex and disparate information into comprehensive and cohesive messaging for senior leadership
• Strategic thinker with the ability to anticipate and mitigate risks while driving business growth and innovation
• Strong leadership skills with demonstrated ability to see the big picture, connect the dots and anticipate problems

Preferred Qualifications

• Professional certifications such as FRM, PRM, or CRM are highly desirable

Salary Range: $130,000.00 to $205,000.00 annually + bonus + equity (if applicable) + benefits

The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we’ll consider your location, experience, and other job-related factors.

We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

• 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

For a full list of Team Amex benefits, visit our Colleague Benefits Site.

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law. American Express will consider for employment all qualified applicants, including those with arrest or conviction records, in accordance with the requirements of applicable state and local laws, including, but not limited to, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance for Employers, and the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance. For positions covered by federal and/or state banking regulations, American Express will comply with such regulations as it relates to the consideration of applicants with criminal convictions.

We back our colleagues with the support they need to thrive, professionally and personally. That's why we have Amex Flex, our enterprise working model that provides greater flexibility to colleagues while ensuring we preserve the important aspects of our unique in-person culture. Depending on role and business needs, colleagues will either work onsite, in a hybrid model (combination of in-office and virtual days) or fully virtually.

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*Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.