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The Operational Risk Management (ORM) team facilitates and monitors the implementation of effective operational risk management programs throughout the organization, and oversees risk ownership throughout business units, products, and processes. The objective of the Operational Risk Management (ORM) Independent Monitoring and Testing team is to support organizational resilience through performance of independent testing and monitoring; and establish clear guidelines through standards for reporting and risk assessments; and provide a holistic view of Operational Risk Management (ORM) through aggregated reporting.
Operational Risk Management is looking for a Vice President of Independent Monitoring and Testing lead a diverse team of high-performing professionals focused on ensuring effective operational risk management is embedded in the day-to-day operations of our organization. It will involve extensive collaboration with multiple partners across numerous business units, functional areas, and geographies.
Key Responsibilities Would Include:
Lead teams covering independent monitoring/testing and reporting based multiple geographies. Manage Senior relationships across the Amex Express Business Unit leadership teams to facilitate the annual plan. Coordinate input ensure continued enhancement of the comprehensive universe of targeted coverage across the Enterprise. Foster a cross-functional leadership team within Manilla to bring all 2LOD teams together within GRC Establish and maintain horizontal relationships across the 2nd line to ensure and help drive consistency. Independently monitor operational risk trends and activities, proactively identifying areas for high risk for intervention. Act is key escalation point within ORM to ongoing effective challenge raised as a result of Monitoring and Testing Drive reporting to the Enterprise Risk Management Committee, Board of Directors and Senior Management on OR topics, and provide support and oversight with associated Communities of Practice Be a key leader for sharing insights, better practices, themes, etc. across the enterpriseRequired Qualifications:
Extensive experience in operational risk management (e.g., within Risk and/or Internal Audit function) and understands critical operational risk management lifecycle activities Strong analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively [BU-SPECIFIC] Demonstrated history and ability to manage large teams, spread over geographies and with varying backgrounds Excellent qualitative analytical skills Project management skills Excellent communication and interpersonal skills, with an ability to interact and obtain buy-in from senior BU/tech counterparts Proven expertise in process governance, with a track record of establishing and overseeing robust decision-making processes that align with policies, regulatory frameworks, and/or operational standardsPreferred Qualifications:
Bachelor's Degree in Finance, Business, Risk Mgmt., or related field; advanced degrees (e.g., MBA, MSc) or certifications are advantageous Experience in at least one of the following: Defining and enhancing processes for identifying and assessing operational risk Managing independent testing of operational risks Coordinating an independent risk assessment process that looks holistically across business units Overseeing the production and aggregation of operational risk reports, performing quality control on reporting and ensuring quality reporting tools are utilized Overseeing testing processes including process risk self assessments Providing independent monitoring of operational risk trends and activitiesWe back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:
Competitive base salaries Bonus incentives Support for financial-well-being and retirement Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location) Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need Generous paid parental leave policies (depending on your location) 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 opportunitiesOffer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.