What are the responsibilities and job description for the Director-Operations Risk Management position at American Express?
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, youll learn and grow as we help you create a career journey thats unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.
At American Express, youll be recognized for your contributions, leadership, and impactevery colleague has the opportunity to share in the companys success. Together, well win as a team, striving to uphold our company values and powerful backing promise to provide the worlds best customer experience every day. And well 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 youre 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.
The Global Risk & Compliance Organization (GRC) is an independent risk management function, led by the Chief Risk Officer, with the objective of ensuring that American Express operates in a safe, sound, and fully compliant manner with all applicable regulatory expectations. GRC creates and maintains the overall risk management framework, performs independent risk management assessments, and monitors applicable risks.
Colleagues at GRC are passionate about our commitment to drive the Companys goals of growth and progress by creating a culture of risk awareness and proactivity around regulatory matters.
The Operational Risk Management (ORM) team facilitates and monitors the implementation of effective operational risk management programs throughout the company, and oversees risk ownership throughout business units, products, and processes.
The objective of the ORM Governance team is to develop, oversee and strengthen the organizations ORM framework to ensure that governance structures, policies, and procedures are robust, effective, and align with regulatory requirements and best practices.
ORM Governance is looking for a Director of Capabilities, Tech and Product Strategy to lead the development, enhancement, and implementation of technology, capabilities, and product strategies within the Global Risk and Compliance organization. This role focuses on driving operational risk transformation by aligning business needs with technological solutions, ensuring scalability, regulatory compliance, and innovation. The Director will collaborate closely with stakeholders across risk, compliance, and IT to deliver effective tools and systems that enhance the risk management framework.
- Responsibilities :
- Lead the
- strategic development of risk and compliance technology capabilities
- that support the operational risk management framework, including risk identification, monitoring, reporting, and control.
- Oversee the
- design and implementation of product strategies
- that enhance operational risk systems, working closely with business units to ensure alignment with risk transformation goals.
- Manage and prioritize a
- portfolio of technology initiatives
- that improve risk data management, workflow automation, and regulatory compliance tools.
- Collaborate with global risk leaders, compliance teams, and technology stakeholders to
- identify emerging risks
- build innovative solutions
- that address these risks effectively.
- Drive the
- adoption of advanced technologies
- such as AI, machine learning, and data analytics within operational risk management processes.
- Ensure that the risk and compliance technology solutions
- meet regulatory standards
- and are adaptable to evolving global regulatory environments.
- Lead cross-functional teams to
- implement large-scale risk transformation projects
- ensuring on-time and within-budget delivery.
- Monitor and improve
- end-to-end risk capabilities
- through continuous evaluation of systems, tools, and processes, ensuring they are effective in mitigating risks.
- Ensure seamless
- integration of risk management systems
- across the organization, enabling comprehensive risk reporting and insights for senior management.
- Provide
- thought leadership
- in risk and compliance capabilities, keeping up with industry trends, innovations, and best practices to drive continuous improvement.
- Requirements :
- 7-10 years of experience
- in operational risk management, compliance, or risk technology, with a proven track record of leading capabilities and product strategy initiatives.
- Experience in
- managing risk transformation projects
- particularly in building and implementing large-scale technology platforms.
- Demonstrated expertise in
- developing product and technology roadmaps
- with a focus on operational risk, compliance, and regulatory requirements.
- Understanding of
- global risk management frameworks
- and familiarity with financial industry regulations, including Basel, SOX, and CCAR.
- Proven ability to drive
- technological innovation
- in risk and compliance, with hands-on experience using
- AI, machine learning
- and advanced analytics.
- Experience in managing cross-functional teams and working with senior stakeholders to
- align technology and business strategies
- in risk management.
- Strong analytical and problem-solving skills
- with the ability to assess complex risk environments and deliver effective solutions.
- Excellent communication and leadership skills
- with the ability to lead diverse teams and present risk management solutions to senior leadership.
- A bachelors degree in
- Risk Management, Business, Technology, or related field
- is required
- Qualifications
- 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
- Job :
- Risk
- Primary Location :
- US-Arizona-Phoenix
- Other Locations :
- US-Utah-Sandy, US-Florida-Sunrise
- Schedule
- Full-time
- Tags
- ORMCM
- Req ID :
- 24020614
ORMCM
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, well 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 :
For a full list of Team Amex benefits, visit our Colleague Benefits Site .
At American Express, youll be recognized for your contributions, leadership, and impactevery colleague has the opportunity to share in the companys success. Together, well win as a team, striving to uphold our company values and powerful backing promise to provide the worlds best customer experience every day. And well do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.
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.
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.
US Job Seekers / Employees - Click here to view the Know Your Rights poster and the Pay Transparency Policy Statement.
If the links do not work, please copy and paste the following URLs in a new browser window : https : / / www.dol.gov / agencies / ofccp / posters to access the three posters.
Salary : $130,000 - $205,000
