Director-Risk Management

The Enterprise Risk Management and Risk Oversight (ERMRO) organization within Global Risk and Compliance (GRC) is responsible for identifying and managing risk across all business units, functions, processes, and geographies at American Express. 

The Director – Risk Data Aggregation & Risk Reporting will be part of the GRC organization. The incumbent will help develop risk data aggregation and risk reporting capabilities and lead a world class team of analytical professionals to support and analyze business risk to AXP. The team will assist in developing a comprehensive risk data aggregation and risk reporting framework, as well as providing independent risk management of non-model tools used in business processes and strategic decision making.

The incumbent will lead a team of risk professionals in India, and we are seeking an experienced leader to be a part of this exciting journey.

Key Responsibilities:

·       Establish policies, standards, and processes to provide risk data aggregation and risk reporting

capabilities appropriate for the size, complexity, and risk profile of the bank.

·       Design and implement data and technology infrastructure that supports reporting needs and

ensures the appropriate capture and reporting of materials risks, concentrations, and

emerging risks.

·       Work closely with Enterprise Data Office (EDO) and Business Unit Data Offices (BUDOs) to ensure appropriate controls are put in place for data used in risk reporting

·       Establish and implement a standardized and periodic assessment of risk reporting systems,

tools, and processes. This assessment must be performed at least annually to ensure risk oversight systems, tools, and processes evolve with changing data sources.

·       Design a framework to assess the materiality and manage governance of non-model tools used in business processes and strategic decisions.

·       Provide independent oversight on non-model tools used in critical business processes within the company like min due calculator, ADB calculation etc.

·       Provide effective challenge on statistical and other technical calculations used in development of non-model tools used in business processes and strategic decisions.

·       Collaborate effectively with all stakeholders, partners and IAG to ensure regulatory compliance and manage regulatory relationship and exams for safety & soundness related regulations. 

Minimum Qualifications

• 6+ years of leadership experience in risk management or a similar role;
  
• Degree in a quantitative field (e.g., Mathematics, Computer Science or Economics).
  
• Strong technical and analytical skills with the ability to apply both quantitative methods and business skills to create insights and drive results.
  
• Familiarity with regulatory guidance on risk data aggregation and risk reporting like OCC Heightened Standards and BCBS239.
  
• Strong analytical skills, including a proving ability to translate complex and disparate information to develop a comprehensive and cohesive conclusion for colleagues, business partners, and senior leaders
  
• Ability to work independently and across a matrix organization partnering with business partners, functional owners, capabilities, technology teams and external vendors.
  
• Rigorous and analytical approach to problem-solving, decision-making, and prioritization collaboration across teams/geographies.
  
• Demonstrated ability to effectively hire, coach, train and develop a team in all aspects of their role;
  
• Proactive in identifying issues, delivering and escalating key findings, and advising on recommended solutions to correct issues or mitigate risks.
  

This role is required to be on-site 3 days/week.

• 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 opportunities