VP, Chief Risk Officer Amex Bank and Head of Risk Management LATAM
Job in
Toronto, Ontario, M5A, Canada
Listing for:
American Express
Full Time
position
Listed on 2026-02-27
Job specializations:
-
Finance & Banking
Risk Manager/Analyst, Financial Compliance, Corporate Finance, Regulatory Compliance Specialist
-
Management
Risk Manager/Analyst, Regulatory Compliance Specialist
Job Description & How to Apply Below
Position: VP, Chief Risk Officer for Amex Bank and Head of Risk Management LATAM
At American Express, our culture is built on a 175-year history of innovation, shared and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. From delivering differentiated products to providing world-class customer service, we operate with a strong risk mindset, ensuring we continue to uphold our brand promise of trust, security, and service.
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?
The Global Risk and Compliance (GRC) organization is responsible for identifying and managing risks across all processes at Amex Bank of Canada (ABC). This is an oversight and governance group representing the 2nd Line of Defense.
The VP, Chief Risk Officer for Amex Bank of Canada and Head of Risk Management LATAM will report to the VP Enterprise Risk Management with a bank reporting line to the CEO of ABC. The ABC CRO also has a reporting line for functional purposes to the Risk Review Committee (“RRC”) of the Board of ABC. The CRO has overall responsibility for the oversight of the Bank’s Risks contained within the Bank’s Risk Universe including Credit Risk, Operational Risk, Asset and Liability Management (“ALM”) Risks and Liquidity & Funding Risks, acting within the authority delegated by the CEO, and in compliance with applicable laws and regulations (OSFI guidelines, FCAC expectations and the Bank Act).
Key Responsibilities:
Establish and maintain the Bank’s Risk Governance Framework for the Bank, to independently identify, measure, monitor and report on risks on an enterprise-wide and disaggregated level, ensuring alignment with global standards and local regulatory requirements.Promote a strong risk culture that emphasizes integrity, transparency, and proactive risk management across all levels of the organization.Develop and oversee the Bank’s Risk Appetite Framework, including risk tolerances, escalation thresholds, and metrics for all major risk stripes, in accordance with regulatory expectations.Develop risk tolerance limits for Senior Management review (as defined by the Bank’s Board of Directors (“Board”)), and review and ensure adherence to the established risk escalation guidelines.Monitor and report on the Bank’s risk profile relative to the risk appetite, initiating appropriate actions to ensure adherence to the approved risk appetite.Establish objective processes and controls to validate the accuracy of risk information and analysis provided by business lines for reporting to senior management and the Board.Review and approve risk assessments for new products and strategic initiatives, ensuring alignment with the risk appetite and regulatory standards.Lead the bank’s enterprise-wide stress testing activities and ensure the comprehensiveness and robustness of the Bank’s Stress Testing program.Provide oversight of internal control frameworks, including outsourcing risk, and ensure effective governance through participation in key committees.Review reports from management regarding compliance with the applicable consumer provisions of the Bank Act, the Financial Consumer Protection Framework (including but not limited to enhanced disclosures, complaints handling and sales practices), and relevant Codes of Conduct and Public Commitments.Represent the organization in regulatory engagements on risk-related matters, ensuring transparency and responsiveness.Collaborate with global and regional CROs and risk stripe leads, supporting consistency of standards and practices across international entities.Develop, mentor, and retain high-performing risk professionals, embedding a collaborative and forward-looking risk mindset across the enterprise.Minimum Qualifications:
15+ years of senior leadership experience in enterprise risk management, preferably within regulated financial institutions.
Advanced degree in business,…
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