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Global Merchant & Network Services (GMNS) brings together American Express' merchant-and network related businesses to enable a sharp focus on using the power of our network to provide unique value to all our mutual customers. The organization manages the relationships with the millions of merchants around the world that accepts American Express and runs the company’s payment network and manages bank partnerships globally. Global Strategy and Operations (GSOP) is looking for a Manager - Regulatory Change Management (RCM) focused on ensuring program governance and compliance oversight 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.
Job Responsibility:
Execute on the RCM Program Governance and Oversight framework, offering support and risk advice to front-line business teams regarding execution plans for changes linked to new or updated laws and regulatory mandates that affect the GMNS business
Provide oversight on complex, multi-market RCM efforts including consolidating views of workstream deliverables, highlighting status & risks to senior leadership and ongoing oversight around management / mitigation of RCM risks
Drive the ongoing enhancement of the GMNS RCM program governance framework to optimize oversight processes, tools, templates, risk assessments and training for front-line business teams, thereby strengthening risk management and supporting effective decision-making within the business unit
Provide quality assurance activities in the creation and review of standard operating procedures (SOPs) and controls related to regulatory change efforts, ensuring that operational documents are complete and accurate
Track RCM applicable metrics, KRI limits and risk appetite for GMNS to ensure operational and regulatory risks are managed within agreed thresholds and leverage these metrics to help detect concerning rises in emerging problems, then escalate and flag concerns accordingly in risk committees/forums
Present details of specific regulatory initiatives and risks at appropriate control forums for GMNS, interfacing with org-wide governance processes and committees (e.g., BU Risk Management Committees/Risk Forums) and share insights and lessons learned across appropriate forums
Requirements:
Experience in operational risk management. Understanding of critical operational risk management lifecycle activities
Strong project management, communication, presentation and interpersonal skills
Experience in program governance, with an understanding of processes that align with policies, regulatory frameworks, and/or operational standards
Experience in providing governance, oversight and quality assurance for operational or risk management processes
Proficient analytical and problem-solving skills, with an ability to analyse data, identify trends, and assess/evaluate risk scenarios effectively
Nice to have:
Experience in at least one of the following: Translating operational risk strategy and appetite into execution guidelines
Oversee the implementation of the operational risk governance frameworks
Communicating and ensuring understanding and adherence to operational risk procedures and standards
Experience in financial services industry, with a particular focus on regulatory adherence
What we offer:
Competitive base salaries
Bonus incentives
Support for financial-well-being and retirement
Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
Generous paid parental leave policies (depending on your location)
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