You Lead the Way. We've Got Your Back.
At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether we're supporting our customers' financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly redefining what's possible — and we're proud to back each other every step of the way. When you join #TeamAmex, you become part of a diverse community of over 60,000 colleagues, all with a common goal to deliver an exceptional customer experience every day. 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.
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 within 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 Company's goals of growth and progress by creating a culture of risk awareness and proactivity around regulatory matters. By partnering closely with business units across the enterprise, we help deliver maximum value to our shareholders and our customers through effective risk management and oversight activities.
How will you make an impact in this role?
Within GRC, the Market Risk Oversight Group is the independent risk management team covering all financial risks undertaken by the Treasury function at American Express. The team's core responsibility is to design and execute risk measurement and controls across balance sheet management areas, including funding and liquidity risk, market risk, and capital management.
The Manager/Sr Manager – Market Risk Oversight will be responsible for providing independent oversight and effective challenge of market risk management across American Express and American Express National Bank (AENB). This individual will work closely with senior management and business units to ensure effective identification, assessment, and mitigation of market risks.
Key Responsibilities
Identify, analyze, and quantify market risk exposures across interest rates, FX, and investments.
Implement market risk management strategies, policies, and procedures in alignment with the organization's risk appetite, regulatory requirements, and leading practices.
Leverage analytical frameworks for independent risk assessment and deliver effective challenge on critical processes including asset-liability management, foreign exchange hedging, and investment risk management.
Calibrate and monitor limits and escalation thresholds to ensure that all material market risks are mitigated and maintained within risk tolerance.
Perform independent reviews of key treasury risk management processes.
Manage the risk appetite framework, senior management communications, and committee/Board reporting for the market risk pillar.
Monitor trends, market developments, and regulatory changes to proactively identify emerging risks and opportunities for risk mitigation and optimization.
Foster a strong risk culture and awareness of market risk throughout the organization through training, communication, and knowledge sharing initiatives.
Engage with auditors and other internal stakeholders on market risk-related matters, ensuring compliance with regulatory requirements and addressing any inquiries or examinations.
Minimum Qualifications
Undergraduate degree in Finance, Statistics, Actuarial Science, Mathematics, Econometrics, Business Administration, Operations Research, Engineering, or a related field.
4-8 years of experience in risk management or finance.
In-depth knowledge of market risk management processes, metrics, analytics, systems, and regulatory guidelines.
Experience with asset-liability management (ALM), interest rate risk in the banking book (IRRBB), and foreign exchange (FX) risk management.
Excellent verbal and written communication skills, combined with rigorous analytical and problem-solving skills and meticulous attention to detail.
Proven ability to translate complex and disparate information into comprehensive and cohesive messaging for senior leadership, committees, audit, and regulators.
Proactive in identifying issues, escalating key findings, and advising on recommended solutions to mitigate risks in a timely fashion.
Advanced proficiency in Excel and PowerPoint.
Preferred Qualifications
Graduate degree in Finance, Statistics, Actuarial Science, Mathematics, Econometrics, Business Administration, Operations Research, Engineering, or a related field.
Knowledge of SQL, Python, and Bloomberg
CFA or FRM designation.
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:
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
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.
Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.