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.
This role will play a critical leadership position within American Express National Bank HQ.
American Express National Bank is American Express’ U.S. banking operation, representing more than 60% of the company’s revenues through consistent payments, financing, and savings products. Led by the Chief Operating Officer, AENB HQ drives the administration of programs and services provided by AENB, in partnership with Bank affiliates and executive officers. In addition, the team plays an enterprise role in driving greater consistency, effectiveness and efficiency across the first line via the AENB COO Office’s Strategic Planning, Control Management, Program Management and Governance functions.
As the Vice President - Compliance, this position will provide strategic compliance oversight to the business while providing advisory support to ensure that the business manages and mitigates the regulatory risk in all jurisdictions in which it operates.
The role leads a diverse and dispersed team of 1LOD Compliance professionals who oversee various aspects of the business and requires strong collaboration with other stakeholder groups including the 2LOD Global Financial Crimes team, 2LOD Market Compliance Officers and the General Counsel’s Organization.
This role is a highly visible and strategic position that maintains regular interactions with senior leaders and external regulatory examiners as appropriate.
The Key responsibilities are as follows:
· Driving implementation of policy and regulatory requirements applicable to the business
· Providing business specific compliance expertise, particularly in relation to identifying where compliance and regulatory risk is present in BU process and controls.
· This position will lead the review of marketing and other customer facing materials.
· Oversight for executing impact assessments for regulatory changes impacting he BU and coordinating and implementing changes for the BU as required
· Responsible for compliance metrics tracking and reporting for the BU. The role will also own, draft and update BU compliance procedures and communications for compliance related BU issues.
· The role will coordinate, execute and provide consultation to the business through the New Product Approval (NPA) process. Supporting drafting NPA risk assessment and managing all related disclosures in addition to performing mapping of new products by the BU to RCSA and controls.
· Assisting with control design activities led by Control Management, advising on compliance risk mitigation elements
· Advising leaders on areas of emerging risk and approaches to improve necessary controls and practices as appropriate.
· Partnering with key compliance and business partners across the Enterprise such as the
General Counsel's Organization, Audit, 2LOD Global Compliance and Ethics, and 2LOD Financial Crimes groups.
Required Qualifications
· Deep regulatory knowledge of the financial regulations applicable to the business
· Prior credit card industry, compliance, legal or risk experience is a plus.
· Strong relationship and leadership skills with proven ability to communicate and collaborate effectively at all levels of the organization.
· Ability to exercise good judgment in the development and pursuit of compliant solutions.
· Prior experience of leading and developing high performing teams is a plus.
· Excellent written, verbal, research, analytical, and interpersonal skills.
· Strong project management skills, ability to lead 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.
· Bachelor’s degree required; advanced degree preferred
Salary Range: $200,000.00 to $275,000.00 annually + bonus + equity (if applicable) + benefits
Depending on factors such as business unit requirements, the nature of the position, cost, and application laws, American Express may provide visa sponsorship for certain positions
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.
We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:
- 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
For a full list of Team Amex benefits, visit our Colleague Benefits Site.
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. American Express will consider for employment all qualified applicants, including those with arrest or conviction records, in accordance with the requirements of applicable state and local laws, including, but not limited to, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance for Employers, and the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance. For positions covered by federal and/or state banking regulations, American Express will comply with such regulations as it relates to the consideration of applicants with criminal convictions.
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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Salary range
- $200,000 - $275,000