Director, Risk ID, Assessment & Testing

**Description****You Lead the Way. Weve Got Your Back.**With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, youll learn and grow as we help you create a career journey thats unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.At American Express, youll be recognized for your contributions, leadership, and impactevery colleague has the opportunity to share in the companys success. Together, well win as a team, striving to uphold our company values and powerful backing promise to provide the worlds best customer experience every day. And well do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.Join Team Amex and let's lead the way together.Our industry is rapidly evolving, and we need courageous, quick thinkers who can shape the strategic decisions that lead our business forward. Whether its negotiating with some of our largest global partners or creating next years financial plan, you can influence both our day-to-day P&L and the future direction of the company. As part of the team, you can have the opportunity to learn and use the latest data tools and technologies and explore a range of roles to grow your career. Find your place in finance on #TeamAmex.The objective of the Finance Control Management Risk ID, Assessment, and Testing team is to identify, assess, mitigate, and report on Operational Risk within Finance processes to ensure adherence to regulatory standards, Amex policy and enhance Finances resilience through managing a clear methodology of inherent and residual risk.Finance is looking for a Director of Risk ID, Assessment, and Testing to lead a diverse team of high-performing professionals focused on ensuring control management is embedded in the day-to-day operations of our organization. It will involve extensive collaboration with multiple partners across numerous business units, functional areas, and geographies.The Director - Finance Risk ID, Assessment, and Testing will:+ Provide identificationof risks throughout Finance processes and systems (along with Finance process owners), with a focus on Treasury processes (Cashflow forecasting, Funding, and Liquidity)+ Facilitate Finance process owners in their risk assessments (e.g., Process Self Risk Assessments (PRSAs)) in addition to further assessments and testing / QA programs to ensure regulatory and internal standards are met (e.g., periodic PRSA reviews and update assessment criteria to align with regulatory updates)+ Support Treasury PRSA transformation working closely with 2nd line+ Lead supplemental control monitoring and proactively communicate key OR trends, activities, and events to senior management, to facilitate informed decision-making+ Proactively identify areas of high-risk for intervention (e.g., automated alerts generated for high-risk areas signal need for intervention and focus), including conducting independent quality assurance and vertical process testing+ Compile thematic risk reporting (levels, trends, causes) to provide actionable insights forFinance on current risk levels, emerging trends and root causes+ Categorize controls and map against risks and processes (e.g., cross-Finance process-control mapping)+ Develop risk dashboards and key risk indicators (KRIs) for ongoing monitoring+ Be a key leader for sharing insights, better practices, themes, etc. across the enterprise**Required** **Qualifications:**+ 6 Years experience in operational risk management (e.g., within Risk and/or Internal Audit function) Understanding of critical operational risk management lifecycle activities+ Excellent project management, communication, and interpersonal skills, with an ability to interact and obtain buy-in from senior Finance leaders+ Expertise in process governance, with a track record of establishing and overseeing robust decision-making processes that align with policies, regulatory frameworks, and/or operational standards+ Treasury experience working with large financial institutions, including knowledge of Treasury and Risk Management processing systems+ Experience leading treasury transformation initiatives, focused on future state processes and controls+ Strong analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively+ Demonstrated history and ability to manage large teams, spread over geographies and with varying backgrounds**Preferred Qualifications:**+ Bachelor's Degree in Finance, Business, Risk Mgmt., or related field; advanced degrees (e.g., MBA, MSc) or certifications are advantageous+ Experience in at least one of the following:+ Providing identification of operational risks throughout business processes and systems+ Designing liquidity, cash management, funding control solutions+ Facilitating risk assessment performance in addition to further assessments and testing programs to ensure regulatory and internal standards are met+ Enhancing risk assessments and associated methodologies+ Leading independent control monitoring, including identification of control improvements+ Identifying areas of risk for intervention, including conducting independent quality assurance and process testing+ Compiling thematic risk reporting to provide actionable insights on risk levels, emerging trends and root causesORMCM**Qualifications**Salary Range: $130,000.00 to $205,000.00 annually bonus equity (if applicable) benefitsThe above represents the expected salary range for this job requisition. Ultimately, in determining your pay, well consider your location, experience, and other job-related factors.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+ 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 opportunitiesFor 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.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.US Job Seekers/Employees - Click here to view the Know Your Rights poster and the Pay Transparency Policy Statement.If the links do not work, please copy and paste the following URLs in a new browser window: https://www.dol.gov/agencies/ofccp/posters to access the three posters.Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.**Job:** Finance**Primary Location:** US-New York-New York**Other Locations:** US-New York-New York, US-Arizona-Phoenix**Schedule** Full-time**Tags** ORMCM**Req ID:** 24016746