At a Glance
- Tasks: Lead the UK risk management team and oversee key risk types for American Express.
- Company: Join a historic company known for innovation and strong values.
- Benefits: Enjoy hybrid work, comprehensive support, and opportunities for personal growth.
- Why this job: Make a real impact on risk management in a leading financial institution.
- Qualifications: Senior leadership experience in risk management and advanced degree preferred.
- Other info: Collaborative environment with a focus on developing high-performing professionals.
The predicted salary is between 72000 - 108000 £ per year.
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. 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.
Work Location Options: Hybrid
How will you make an impact in this role?
- Serve as the FCA-approved SMF 4, holding personal accountability for the integrity and effectiveness of the UK risk management function.
- Lead the UK Enterprise Risk Management team, providing independent oversight of all key risk types including credit, market, liquidity, operational, conduct, compliance, privacy, model, technology, strategic, and reputational risks.
- Establish and maintain a Risk Governance Framework across the UK’s Issuing and Acquiring Legal Entities, ensuring alignment with global standards and local regulatory requirements.
- Develop and oversee the Risk Appetite Framework, including risk tolerances, escalation thresholds, and metrics for all major risk stripes, in accordance with regulatory expectations.
- Advise and challenge the CEO, Board, and Risk Committee on current and emerging risk exposures, appetite adherence, and mitigation strategies.
- Promote a strong risk culture that emphasizes integrity, transparency, and proactive risk management across all levels of the organization.
- Provide oversight of internal control frameworks, including outsourcing risk, and ensure effective governance through participation in key committees.
- 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.
- Monitor regulatory compliance with consumer protection provisions, Codes of Conduct, and public commitments, including enhanced disclosures and complaints handling.
- Engage with Legal Entity Compliance in regulatory engagements with the FCA, PRA, and other bodies on risk-governance 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 Experience and Background
- Substantial amount of senior leadership experience in enterprise risk management, preferably within regulated financial institutions.
- Advanced degree in business, economics, engineering, statistics, or a related quantitative field; professional certifications such as FRM, CFA are valued.
- Strong business acumen with a risk-reward control mindset and the ability to balance commercial objectives with sound risk management.
- Deep regulatory expertise, including familiarity with UK (FCA/PRA), and global frameworks (Basel, GDPR).
Vice President - UK Chief Risk Officer in London employer: Ethica Consulting
Contact Detail:
Ethica Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President - UK Chief Risk Officer in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those at American Express. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by researching the company culture and values. American Express loves innovation and leadership, so think of examples from your experience that showcase these traits.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. We want you to sound confident and authentic, not like you're reading from a script!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Vice President - UK Chief Risk Officer in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Vice President role. Highlight your experience in enterprise risk management and how it aligns with the job description. We want to see how you can make an impact at American Express!
Showcase Your Leadership Skills: This role is all about leadership, so don’t hold back! Share examples of how you've led teams and managed risks in previous positions. We love seeing candidates who can inspire and develop others.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Ethica Consulting
✨Know Your Risk Management Inside Out
Make sure you’re well-versed in the latest trends and regulations in risk management, especially those relevant to the UK. Brush up on your knowledge of FCA and PRA requirements, as well as global frameworks like Basel and GDPR. This will show that you’re not just familiar with the basics but are also ready to tackle complex challenges.
✨Demonstrate Leadership Experience
Prepare to discuss your previous leadership roles in enterprise risk management. Be ready to share specific examples of how you’ve led teams, influenced decision-making, and implemented risk governance frameworks. Highlight your ability to mentor and develop high-performing teams, as this is crucial for the role.
✨Showcase Your Strategic Thinking
Think about how you can balance commercial objectives with sound risk management. Prepare to discuss your approach to developing a Risk Appetite Framework and how you’ve successfully navigated risk exposures in past roles. This will demonstrate your strategic mindset and ability to align risk management with business goals.
✨Engage with Real Scenarios
Be prepared to engage in scenario-based discussions during the interview. Think through potential risk scenarios that American Express might face and how you would advise the CEO and Board on these issues. This will showcase your proactive risk management approach and your ability to think critically under pressure.