Manager-Operational Risk Management

At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.

Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.

How will you make an impact in this role?

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) Issues & Events team is to efficiently manage and remediate operational risk events (OREs) and issues across the BU, and ensure timely resolution of events that may impact BAU operations.
Operational Risk Management is looking for a Senior Manager of Issues & Events to 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.
The Manager, Operational Risk Management (ORM) Events Reporting & Analytics team will :

• Own all reporting related to Events for the different risk management committees and senior management.
  
• Educate stakeholders in the BU on issues and event management and provide feedback on their reports and remediation plans.
  
• Provide guidance to the BU on how to identify, root cause, and log events, to facilitate a proactive risk management culture.
  
• Generate insights from Reporting thereby highlighting areas that need to be improved for multiple Business Units and at Enterprise level.
  
• Own regulatory reporting on Ops Risk Losses to Regulators such as FRB
  
• Prioritize risks to ensure that root cause analysis and remediation efforts focus on the most impactful events.
  
• Develop and maintain a robust process for reporting to internal stakeholders and regulatory bodies, as needed.
  
• Lead cross-functional Committees of Practice (CoPs) to ensure consistency of process and techniques for events & remediations
  

Minimum Qualifications

• Total 6+ years of experience with 3+ years of experience in operational risk management (e.g., within Risk and/or Internal Audit function) and understands critical operational risk management lifecycle activities
  
• 2+ years’ experience as team leader/ manager with Strong project management, communication, and interpersonal skills
  
• Experience in process governance, establishing and overseeing robust decision-making processes that align with policies, regulatory frameworks, and/or operational standards
  
• Proficient analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively.
  
• Previous experience in working with advance visual analytics (Tableau, Power BI) and automation of reports using Python/ R/ Excel.
  

Preferred Qualifications

• Bachelor’s degree in finance, Business, Risk Mgmt., or related field; advanced degrees (e.g., MBA, MSc) or certifications are advantageous
  
• Demonstrated history and ability to manage large teams, spread over geographies and with varying backgrounds
  
• Excellent communication and interpersonal skills, with an ability to interact and obtain buy-in from senior BU/tech counterparts.
  
• Experience in at least one of the following:
  

·        Maintaining the scope of events within an enterprise framework, Assisting/ providing guidance to the BU on how to identify, root cause, and log operational risk events

·       Supporting senior team members in prioritizing risks to ensure that root cause analysis and remediation efforts focus on the most impactful events

     Compiling educational materials for stakeholders in the BU on event and remediation management

• 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