Amex Hiring for Director-Compliance Job at New York, NY Full Time

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 Team Amex, 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. Here, you’ll learn and grow as we champion your meaningful career journey with programs, benefits, and flexibility to back you personally and professionally. Every colleague share in the company’s success.

Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to our customers, communities, and each other every day. And we’ll do it with integrity and in an environment where everyone is seen, heard and feels like they truly belong.

Join #TeamAmex and let’s lead the way together.

This position will play a critical role within the Line of Business Compliance organization supporting the U.S. Consumer deposits business including Amex Rewards Checking Account and Personal Savings Accounts offered through American Express National Bank The position will provide strategic support to drive innovation for the business while building an effective framework for compliance with applicable laws and regulations for consumer deposit products, features and processes. Particular focus will be dedicated to new product development, marketing strategies, risk management initiatives, process control, customer communications and complaints.

The successful candidate will lead a team in managing an effective compliance risk management oversight program for the U.S. Consumer deposits business, as well as provide risk management advisory services to promote safe, scalable innovation across the portfolios. This is a highly visible and strategic position with significant and regular interaction with senior leaders across the company.

Responsibilities

• Provide solution-oriented compliance support to assist the team in reaching their goals while meeting compliance requirements
• Review proposed marketing campaign materials and strategies to effectively mitigate compliance risks
• Develop and maintain strong working relationships with business partners and internal stakeholders (e.g. other Global Risk and Compliance colleagues, General Counsel’s Organization, Operational Excellence, Independent Compliance Testing, Privacy, Internal Audit Group)
• Support new initiatives through the New Product Approval (NPA) process and integration of effective controls, testing & ongoing monitoring into new and existing processes
• Oversee and maintain a robust control environment to monitor third-party risk
• Manage an effective Compliance program, including supporting the applicable Annual Compliance Plan (ACP), Compliance Risk Assessment (CRA), Business Unit Compliance Assessments (BUCA) and issue management processes
• Assist internal stakeholders with regulatory examination requests and drafting responses to regulatory findings
• Drive implementation of policy and regulatory requirements in the areas of UDAAP, and other relevant federal, state and local regulations
• Lead, coach and develop a team

Minimum Qualifications

• Demonstrated regulatory knowledge of the consumer financial regulations applicable to banking products including experience with Regulations CC, DD, E, P, and UDAAP
• Experience managing products with Advertisement of Membership (ex. FDIC)
• Ability to lead compliance discussions as part of New Product Development
• Familiarity with 3rd party platforms that provide infrastructure to manage and service deposit products
• Ability to exercise sound judgment in the development and selection of compliant solutions
• Strong project management skills, ability to manage multiple projects and support multiple priorities simultaneously
• Demonstrated ability to make decisions independently, work well under pressure, meet deadlines and adapt easily to frequent change
• Strong collaborative skills and experience leading and working in a matrixed and agile environment and on cross-functional teams
• Strong leadership, analytical, organizational and managerial skills; ability to lead and inspire others through continuous coaching, feedback, recognition and encouragement
• Excellent verbal and written communication skills, including ability to persuade and influence
• Proactive, results-oriented, and self-driven
• Creative and highly collaborative ability to solve business challenges
• Prior banking, compliance, legal or risk experience
• Bachelor’s degree required; advanced degree preferred

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, we’ll consider your location, experience, and other job-related factors.

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 these positions.