Director, Risk Management

Job d:

Location:

Roma, RM, Italy Job Function:
Staff Manager

Schedule:

Full time

Shift: Day Workplace:
Hybrid Career Area:
Analytics & Risk Management Company:
American Express Description The  Global Risk & Compliance (GRC) organization serves as American Express’ independent risk management function. GRC maintains the enterprise risk framework, provides oversight and challenge, and monitors key risks. By embedding risk discipline into strategy and operations, GRC enables responsible growth, innovation, and long-term value creation while protecting customers and shareholders.

The Enterprise Risk Management (ERM) organization within Global Risk and Compliance (GRC) is responsible for identifying and managing risk across all processes and geographies at American Express. The Director, Chief Risk Officer Italy team, within the GRC organization, is responsible for establishing the second line of defense framework for the Italian Legal Entity.  We are seeking an experienced risk leader to be a part of this exciting journey.  

The incumbent will lead a team of risk professionals to identify, assess, measure, manage and report risk and strengthen the governance structure for our Italian Legal Entity (American Express Italy S.A.) issuing business.

Responsibilities Develop risk tolerance limits and establish risk appetite metrics and escalation thresholds for all major risk stripes in accordance with regulatory requirements, and risk appetite.

Identify emerging risks in accordance with the risk appetite program

Ensure successful execution against relevant policies and frameworks for the ILE, including establishing policies, practices, and other control mechanisms to manage key enterprise risks

Monitor and report on aggregate risk profile, initiating appropriate actions to ensure adherence to risk appetite and support successful escalation of risks to the Governance Committees Participate actively in American Express Italy S.A. governance committees/working groups, ensuring risk governance, including Risk Committee, Anti Money Laundering Committee, Governance and Operational Risk Working Group.

Provide oversight of internal control framework and management of all risks to which the Company is exposed

Provide effective challenge through reviews of critical processes and projects and governance structures of American Express Italy S.A., including new products approval

Maintain and continuously enhance Legal Entity Risk Management Framework Collaborate effectively with GM & CEO, Credit and Fraud Risk, Compliance, General Counsel’s Organization, Operations Excellence / Control Management, Treasury, Controllership and other stakeholders in the first line teams to ensure regulatory compliance and manage regulatory relationship and exams for safety & soundness related regulations

Lead the functional oversight of risk management activities including the oversight of key risk-taking activities and core risk controls across American Express Italy S.A. Provide oversight of American Express Italy, S.A., through the establishment and ongoing maintenance of an effective enterprise risk management program

Qualifications

Minimum Qualifications 8+ years of leadership experience in risk management, compliance, treasury, controllership, or a similar role Strong analytical skills and business acumen with a risk-reward control perspective; and the ability to balance commercial objectives with sound risk management

Strong understanding of local market regulatory requirements and payment institution industry

Experience in interacting with regulators and familiarity with local/European regulatory landscape and requirements

Demonstrated ability to successfully manage multiple priorities under pressure;

Fluency in English (verbal and written)
Advanced degree in business, economics, engineering, or a related field or a related quantitative field is preferred; professional certifications such as FRM, CFA, are valued

Familiarity with analytical methods and tools would be preferred Leadership

Skills:

Proven leader who can build, inspire, and coach a team with a passion for the business

Excellent relationship and influence management skills with the…