At a Glance
- Tasks: Lead financial risk management and oversee risk frameworks for UK operations.
- Company: Join American Express, a leader in innovation and customer service.
- Benefits: Enjoy competitive salaries, bonuses, and comprehensive health benefits.
- Other info: Flexible working options and extensive career development opportunities.
- Why this job: Make a real impact on risk management while growing your career.
- Qualifications: 5+ years in risk management and strong leadership skills required.
The predicted salary is between 80000 - 100000 £ per year.
Job 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.
Job 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 UK CRO function is part of the Int'l CRO team, within Global Risk and Compliance (GRC).
It is responsible for identifying and overseeing risk across all processes.
The Manager, Financial Risk Management UK, within the GRC organization, is responsible for establishing the second line of defense framework for the areas under its responsibility for the UK market.
We are seeking an experienced risk leader to be a part of this exciting journey.
The incumbent will identify, assess, measure, manage and report risk and strengthen the governance structure for our UK businesses.
Responsibilities
- Participate in Risk Appetite Framework (RAF) refresh process and seek to align International Legal Entities (ILE) Financial Risk metrics with Enterprise (as far as possible)
- Provide Financial Risk credible challenge to Legal Entity (LE) projects, strategies and in the Change Advisory Forums.
- Understand and speak to the Financial Risk profile of the LE based on aggregation of data and reporting
- Act as main point of contact for Financial Risk for LE regulator, Audit and ILE Leadership, and requests for Financial Risk program/results requests
- LE specific committee Financial Risk representative, and point of contact for Financial Risk at LE board meetings (as required)
- Own ILE R Financial Risk policies and frameworks, where required
- Influence Enterprise Financial Risk e Framework/Policies/Programs to ensure fit for purpose for ILE, and support ILE deployment of Enterprise Financial Risk programs
- Advise business on applicability and effective execution of Financial Risk frameworks
- Coordinate with enterprise Risk Lead on 2nd Line testing, and/or support ILE Financial Risk testing & provide output of ILE testing to Enterprise for awareness and risk aggregation
- Ensure appropriate communication of risks between ILE and Enterprise
- Support the ILE Chief Risk Officer (CRO) in their oversight duties aligned to the Risk Governance Framework and applicable polices
- Reviewing Issues and findings related to risk type impacting ILE, and overseeing effective remediation
- 2nd Line of Defense ILE oversight lead for Regulatory Change Managements relating to Risk Type.
- Work with Enterprise team to develop LE metrics dashboard, including RAF metrics, aligned with applicable regs
- Review, approve and challenge applicable models impacting the ILE
- Lead a Financial Risk analyst
Qualifications
- 5+ years of leadership experience in risk management or a similar role;
- Strong business acumen with a risk-reward control perspective;
- Experience in interacting with regulators and familiarity with UK's 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 is 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 ability to build productive relationships across teams and levels of seniority;
- Self-confident with a strong sense of integrity and the ability and willingness to challenge and be challenged;
- Proactive in identifying issues, delivering and escalating key findings, and advising on recommended solutions to correct issues or mitigate risks;
- Ability to communicate oversight findings to colleagues, business partners, and senior leaders;
- Strong verbal and written communication skills.
Employment eligibility to work with American Express in the UK is required as the company will not pursue visa sponsorship for these positions.
About Us
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.
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 our 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.
About The Team
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
- 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
Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.
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Manager, UK Chief Risk Officer, Financial Risk Management employer: American Express
American Express is an exceptional employer that fosters a culture of innovation and collaboration, empowering employees to thrive in their careers. With a strong commitment to holistic well-being, the company offers competitive salaries, comprehensive benefits, and flexible working arrangements, ensuring that team members can balance their personal and professional lives effectively. The opportunity for career development and mentorship within a globally recognised financial services leader makes American Express an attractive choice for those seeking meaningful and rewarding employment in the heart of the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, UK Chief Risk Officer, Financial Risk Management
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like American Express. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Manager, UK Chief Risk Officer, Financial Risk Management
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to American Express.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on American Express's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at American Express
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with American Express.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at American Express will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former American Express employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
