What are the responsibilities and job description for the Director, Third Party Risk Strategy position at AMEX?
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As part of the Global Services Group (GSG), the Global Supply Management (GSM) organization works with American Express business partners to identify the right third parties to support their strategic business objectives, negotiate supplier contracts and protect the company from third-party risk. GSMs vision is to offer outstanding procurement, third-party risk management, and partner payment services to American Express colleagues.
The Director of Third-Party Risk Strategy within GSM works to define requirements and standards applicable to the use of external third parties in adherence to the companys third-party management policy. This responsibility includes managing the third-party risk assessment methodology and associated model documentation. The role is also responsible for reviewing and assessing global regulations that impact third-party risk management at American Express (AXP), monitoring external risk trends, and determining the appropriate risk treatment for various types of third-party services and contracting commodities.
This position engages with a diverse and large set of stakeholders across the company, including independent risk management, internal audit, and Risk SMEs to drive continuous improvement of the Third-Party Risk Management Program (TPRM) program. Additional stakeholders include operational teams within GSM and AXP Business Units that own third-party relationships in scope for the program.
Key Responsibilities of This Role Include :
- Liaison with Risk SMEs to define standards for effective risk management across the third-party lifecycle including risk assessment questions, risk scoring logic, due diligence requirements, and ongoing monitoring expectations.
- Maintain internal standards for first-line third-party risk management.
- Evaluate changes to the global regulatory landscape which affect third-party risk and assess potential impacts to the TPRM program.
- Identify emerging risks and define necessary TPRM program changes to address them.
- Review effectiveness of risk management processes and capabilities.
Minimum Qualifications :
Preferred Qualifications :
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 .
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.
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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 this position.
Salary : $130,000 - $205,000
