Experienced Manager - Risk Management, Market Risk: Lead Independent Oversight and Effective Challenge of Market Risk Management Across American Express and American Express National Bank (AENB)
About Us
At American Express, we're a global and diverse community of colleagues with an unwavering commitment to back our customers, communities, and each other. We're dedicated to creating a career journey that's unique and meaningful to you, with benefits, programs, and flexibility that support you personally and professionally. Our company values and powerful backing promise to provide the world's best customer experience every day, and we strive to uphold these values in an environment where everyone is seen, heard, and feels like they belong.About the Role
We're seeking an experienced Manager - Risk Management, Market Risk to join our Global Risk & Compliance Organization (GRC). As a key member of the Market Risk Oversight Group, you'll provide independent oversight and effective challenge of market risk management across American Express and American Express National Bank (AENB). You'll 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.
Essential Qualifications
- Undergraduate degree in Finance, Statistics, Actuarial Science, Mathematics, Econometrics, Business Administration, Operations Research, Engineering, or a related field.
- 2-5 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.
What We Offer
At American Express, we back our colleagues with the support they need to thrive, professionally and personally. We offer a competitive salary range of $80,000.00 to $155,000.00 annually, plus bonus and benefits. Our benefits include:- Competitive base salaries
- Bonus incentives
- 6% Company Match on retirement savings plan
- Free financial coaching and financial well-being support
- Comprehensive medical, dental, vision, life insurance, and disability benefits
- Flexible working model with hybrid, onsite, or virtual arrangements depending on role and business need
- 20+ weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption, or surrogacy
- 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