Job Details

Description

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?

Responsible for contacting clients with overdue accounts to secure the settlement of the account. Also, they do preventive work to avoid future overdues with accounts that have a high exposure.

The candidate is responsible to conduct independent portfolio monitoring and credit risk assessments, develop and maintain credit risk policies and standards, review credit risk processes, and take part in projects that provides Second Line challenge to front-line risk teams. This role assures that Credit risk is properly evaluated and effectively communicated. The role also provides the opportunity to work with and impact numerous diverse businesses at American Express. The breadth of responsibilities in this role provides a great training ground for a candidate looking to understand the key principles of Institutional credit risk management.

Key Responsibilities:

• The Credit Risk Oversight team within American Express oversees the Credit Risk Appetite limits, policy exceptions, and credit concentrations

• The Credit Oversight team performs independent reviews of commercial portfolios that include an evaluation of the adequacy and accuracy of credit decisions, consistent application of risk policy and credit procedures, analysis of underwriting standards and practice, and determining through ongoing monitoring the overall assessment of asset quality.

• Collaborate with Business Unit Risk teams to enhance decision processes or address major credit issues.

• Analyze trends in the charge and lending portfolios and conduct deep dive analysis to understand key drivers.

• Support the development of next generation risk capabilities (e.g. Smart Monitoring)

• Produce credit risk dashboards for AXP Risk Committees including tracking risk appetite metrics.

Qualifications:

• 0 – 3 years’ credit risk management experience or underwriting commercial exposures to small business, middle-market, and large multinational institutions

• Knowledge of financial statement analysis including an understanding of key financial ratios with the ability to form independent opinions on credit and recognize emerging risks

• Familiarity with banking regulations, particularly those imposed by OCC and Federal Reserve.

• Knowledge of macroeconomic trends and its impact on borrower repayment.

• Analytical skills and business acumen with a risk-reward control perspective.

• Experience with data-driven analytical tools a plus (e.g. SQL, SAS, HIVE/HADOOP, R, Python)

• Ability to clearly communicate findings to credit risk peers, business partners, and senior leaders.

• Demonstrates the courage to challenge the status quo.

• Demonstrates the ability to successfully manage multiple priorities under pressure.

• Proven ability to collaborate with colleagues across the Company.

• Self-starter with natural curiosity to solve problems.

• Bachelor’s degree with a degree (or substantial coursework) in finance, accounting, economics, or statistics

Qualifications

Salary Range: $55,000.00 to $105,000.00 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:

• 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.

US Job Seekers - Click to view the “ Know Your Rights ” poster. If the link does not work, you may access the poster by copying and pasting the following URL in a new browser window: https://www.eeoc.gov/poster

• 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: Risk

Primary Location: US-Utah-Sandy

Schedule Full-time

Req ID: 25016618