At a Glance
- Tasks: Lead compliance initiatives and support regulatory requirements for various business lines in the UK.
- Company: Join American Express, a global leader committed to customer success and community support.
- Benefits: Enjoy competitive salaries, flexible work options, wellness programs, and generous parental leave.
- Why this job: Be part of a diverse team that values integrity, growth, and making a positive impact.
- Qualifications: Experience in compliance management with strong communication skills and a relevant degree required.
- Other info: Opportunity to work in a supportive environment that prioritises your well-being and career development.
The predicted salary is between 43200 - 72000 £ per year.
With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you’ll learn and grow as we help you create a career journey that’s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally. At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong. Join Team Amex and let’s lead the way together.
The role of Compliance Advisory Manager supports the development and ongoing maintenance of a comprehensive and sustainable compliance program for all Lines Of Business (LOB) and functions’ current and future businesses and initiatives in the UK for both the card issuing business, AESEL and the acquiring business, AEPSL. Reporting into a Senior Manager, in the UK Market Compliance Office.
Duties will include:
- Support development and ongoing maintenance of the Compliance Program of all LOBs in the UK. This will include:
- completing Compliance Risk Assessments;
- drafting the Annual Compliance Plan;
- completing the Business Unit Compliance Assessment; and
- advising on Issue Management, Regulatory Change Management and New Product Approvals.
Qualifications & Experience:
- Significant experience as a Compliance Manager in an advisory capacity with working knowledge of the UK Retail Banking/Payments industry;
- Proven ability to understand legal and regulatory concepts and convert them into relevant, practical business requirements and compliance solutions;
- Self-motivated, energetic team player with proven ability to work effectively in a matrix organization and across international markets with all levels of management;
- Strong influencing, communication, and relationship skills;
- Excellent written and oral communication skills;
- Bachelor's degree and/or compliance/legal qualification.
We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:
- 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;
- Career development and training opportunities.
Compliance Advisory Manager employer: American Express
Contact Detail:
American Express Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Advisory Manager
✨Tip Number 1
Familiarise yourself with the latest compliance regulations and trends in the UK Retail Banking and Payments industry. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly changing field.
✨Tip Number 2
Network with professionals in the compliance sector, especially those who have experience at American Express or similar companies. Engaging in conversations can provide insights into the company culture and expectations, which can be invaluable during the application process.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented compliance programs or managed regulatory changes in previous roles. Being able to articulate your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Showcase your soft skills, particularly your influencing and communication abilities. Since the role involves advising various Lines of Business, demonstrating how you've effectively communicated complex compliance issues to non-compliance stakeholders can make a strong impression.
We think you need these skills to ace Compliance Advisory Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compliance management, particularly within the UK Retail Banking/Payments industry. Use specific examples that demonstrate your ability to convert legal concepts into practical business solutions.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for joining American Express and how your skills align with their commitment to integrity and customer experience. Mention your experience in developing compliance programs and your ability to work effectively in a matrix organisation.
Highlight Communication Skills: Given the importance of communication in this role, ensure you showcase your strong written and oral communication skills. Provide examples of how you've successfully influenced stakeholders or led training sessions in your previous roles.
Showcase Continuous Learning: Mention any ongoing education or certifications related to compliance or legal qualifications. This demonstrates your commitment to staying updated on applicable laws and regulations, which is crucial for the Compliance Advisory Manager role.
How to prepare for a job interview at American Express
✨Understand the Compliance Landscape
Familiarise yourself with the current compliance regulations and challenges in the UK Retail Banking and Payments industry. Be prepared to discuss how these regulations impact American Express and how you can contribute to navigating them effectively.
✨Showcase Your Advisory Experience
Highlight your previous experience as a Compliance Manager, particularly in an advisory role. Share specific examples of how you've successfully implemented compliance solutions and influenced stakeholders in a matrix organisation.
✨Demonstrate Strong Communication Skills
Since the role requires excellent written and oral communication skills, practice articulating your thoughts clearly and concisely. Be ready to explain complex legal concepts in simple terms, showcasing your ability to communicate with various levels of management.
✨Prepare for Scenario-Based Questions
Anticipate questions that may require you to solve hypothetical compliance issues or regulatory changes. Think through your approach to risk assessments, issue management, and training development, and be ready to discuss your thought process during the interview.