Director-Risk Management

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 Enterprise Risk Management, ERM Framework and Program Adherence team, is responsible for providing effective challenge on ERM on risk management practices across the enterprise. The team provides reasonable assurance on adherence to the principles and frameworks outlined in the Risk governance Framework and other ERM owned policies by adopting a structured and independent review approach helping drive greater accountability by promoting consistency in risk language, approach, and application of risk management practices across the organization. Specific responsibilities for the Director of Enterprise Risk Management, Risk Acceptance, include:

• Maintain a deep understanding of various Interagency Supervisory Guidance on Risk Management, including, but not limited to: OCC Heightened Standards, Internal Control booklet of the Comptroller’s Handbook, Corporate and Risk Governance booklet of the Comptroller’s Handbook, Large bank Supervision booklet of the Comptroller’s Handbook.
• Main a deep understanding of the key ERM programs, including but not limited to Enterprise Risk Identification and Assessment, Enterprise Risk Appetite, Enterprise Effective Challenge, Risk Acceptance, New Product Governance, Change Management, Committee Governance, and Policy Management.
• Lead the design, maintenance, and execution of the processes to perform ERM framework and program adherence through their lifecycle.
• Establish clear roles, responsibilities for ERM framework and program adherence processes across the enterprise.
• Develop and provide appropriate guidance documents and training material to facilitate implementation of ERM framework and program adherence processes.
• Develop periodic reporting on framework and program adherence execution status and relevant findings/observations for senior management and the board.
• Analyze portfolio of identified findings/observations to uncover themes and report on any identified themes.
• Partner with the ERM Framework and Program teams in performing quality control during the execution of ERM program activities to drive data accuracy and completeness and enable effective regulatory / management reporting.
• Partner with the ERM Framework and Program teams as the Business Owners to provide requirements, facilitate User Acceptance Testing (UAT), and lead the user onboarding process including developing training materials and delivering training.
• Assist with periodic reviews and relevant information requests from regulators, Internal Audit and various stakeholders across the organization.

Qualifications:

• Bachelor's degree in finance, economics, business administration, or related field; advanced degree required.
• 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 analytical, communication, and influencing skills with the ability to interact effectively with senior stakeholders.
• Demonstrated leadership capabilities, including the ability to build and motivate high-performing teams.
• Professional certifications such as FRM, PRM, or CRM are highly desirable.