Mgr-Risk Management

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Job Description

Positions in Risk Management lead the development of credit, operational, enterprise, and fraud policies designed to profitably grow the portfolio, while ensuring excellent customer experience. These policies utilize mathematical models and other techniques to understand and predict customer behavior. At the manager level, the employee does not have a people leadership role but is often viewed as an emerging expert in the field. Focuses on resolution of complex problems. Conducts analyses, recommends changes to policies, and establishes procedures that affect immediate organization.

Job Responsibilities:

Managers in CRU are responsible for rating and underwriting credit exposures in their assigned region, industry, and business line. Fundamental analysis incorporates a thorough review of business, financial, industry and country risk coupled with support from internal and external model outputs. Assessment includes understanding of the need for credit extension, profitability of the relationship and program structures. Core responsibilities of the team include oversight of internal credit assessment, monitoring of public agency ratings, performing fundamental credit analysis, leading ongoing surveillance of issuers in the portfolio and working closely with internal teams that oversee business card programs. The candidate will also assist in advisement on other credit relationships American Express may have with related counterparties. The successful candidate for this position will work on a team within CRU that will monitor credit risk consisting mainly of corporate obligors and municipal obligors.

Minimum Qualifications

Desired Skills

                     Experience as a credit analyst or underwriter dealing with commercial exposures

                     Understanding of public finance security structures, fundamental analysis techniques, Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) rules, governmental functions and laws, public agency rating methodologies/definitions

                     Experience preparing obligor-specific and industry-wide credit memorandums

                     Develop subject matter expertise in CCAR reporting requirements, data governance & data quality metrics, in coordination with Corporate Risk Management and the  broader capital management team

                     Support ad hoc projects to further enhance and improve overall data processes, given either internal changes to the CCAR process or to externally imposed requirements from the Fed

 

-          Qualifications

                     Minimum 1-2 years experience rating and / or underwriting at a leading financial institution or rating agency

                     Bachelor’s degree from a top tier university with high GPA and a degree (or substantial coursework) in finance, accounting, economics, or statistics

                     Strong MS Office skills

                     Strong oral and written communications skills

                     A bachelor’s degree with an emphasis in finance is preferred.

                     Working towards Chartered Financial Analyst program candidacy a plus

 

Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.

 



ReqID: 20004965
Schedule (Full-Time/Part-Time): Full-time
Date Posted: May 21, 2020, 3:06:31 PM

EEO Statement

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, age, or any other status protected by law.