Manager - Risk Management

Risk Management Role At American Express

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? How we serve our customers is constantly evolving and is a challenge we gladly accept. Whether you're finding new ways to prevent identity fraud or enabling customers to start a new business, you can work with one of the most valuable data sets in the world to identify insights and actions that can have a meaningful impact on our customers and our business. And, with opportunities to learn from leaders who have defined the course of our industry, you can grow your career and define your own path. Find your place in risk and analytics on #TeamAmex.

The incumbent will play a key role in representing Risk Management in U.S. Consumer new product development initiatives, in close partnership with functional teams across Credit and Fraud Risk (CFR). The incumbent will collaborate across all Credit and Fraud Risk (CFR) functions to create comprehensive and robust credit strategies for banking products. The incumbent will also work in collaboration with non-CFR teams, including Product Management, Corporate Development, Marketing, Finance, Compliance, GCO, Servicing, and Technologies in order to evaluate the impacts of new initiatives on business economics. This position requires strong analytical and communication skills, with an ability to interact with and influence colleagues and senior leaders in CFR and across the enterprise.

Responsibilities

• Represent CFR in the U.S. Consumer New Product Development process; provide input and consulting to deal teams through the development lifecycle evaluation, proposal, and launch
• Review deal pipelines, perform risk due diligence on prospective partners and portfolios, and provide risk inputs into deal contracts
• Perform benchmarking analyses using internal and external data to predict product performance metrics and behaviors e.g., approval rate, spend, revolve, write-off
• Develop end-to-end risk management strategies for new products, implement strategies, policies, and controls, and monitor and assess post-launch performance
• Define risk management strategies for banking products; implement policies, processes, and controls; monitor and actively manage portfolio credit metrics.

Minimum Qualifications

Learning agility and rigor for using analysis to solve complex business problems

Deep understanding of card economics

Comfort and proven ability to drive results under tight timelines, often with limited information

Effective and succinct communication, adjusting style for channel and audience

Ability to build strong relationships in a cross-functional environment, interacting with and influencing business partners across CFR, Product Management, Corporate Development, Marketing, Compliance, GCO, and Technologies

Strong project management skills with ability to manage multiple competing priorities

Experience working with large datasets; knowledge of Lumi, Python, SQL, and / or other similar programming languages required

Preferred Qualifications

Expertise in credit risk management, consumer credit, and card / installment lending economics

Externally focused and aware of the latest technology and market trends in payment, credit trends, and credit behavior

Familiar and pays attention to external / industry development in the payments industry

Adaptability in a quickly changing environment

Advance degree in an analytical field is a plus

Salary Range

$89,250.00 to $150,250.00 annually bonus 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. 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 :

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.