American Express

Director-Risk Management

Posted On

July 2, 2024

Location

Gurugram, Haryana

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

Dec. 1, 2024

Job Description

You Lead the Way. We’ve Got Your Back.

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.

Functional Description:

Within the Global Risk & Compliance organization, Enterprise Data Risk Management is the independent risk management function covering risk of financial loss, reputational damage, or regulatory or legal action resulting from inadequate data governance and/or data management practices adversely impacting the accuracy, timeliness, comprehensiveness, or usability of data within or throughout its lifecycle. The successful candidate will play a pivotal role in supporting the development of the comprehensive data risk management strategy to safeguard our organization's data assets and ensure compliance with relevant regulations.

Responsibilities:

Support the implementation of the strategic vision of Data Risk Management, aligning with the company's overall data risk management practices on data usability, data protection, data compliance, and third-party data.
Support development and maintenance of the Data Risk Appetite for the enterprise including definition and scope of the Risk Appetite Statement, and corresponding metrics with risk limits, tolerances, and escalations.
Enforce Enterprise Data Risk Management policies and procedures in alignment with industry regulations and global standards.
Lead independent risk assessments and challenge the design and effectiveness of controls with a willingness to conduct hands-on analysis and assessments.
Partner with teams across Legal, Compliance, Privacy, Information Technology , Information Security, Enterprise Data Governance, business units to implement effective data risk mitigation strategies.
Assess and manage data-related risks associated with third-party vendors, ensuring robust due diligence and compliance with financial industry regulations.
Reports directly to the Vice President, Data Management & Governance.

Experience

Minimum of 7 years of progressive experience in data risk management, 3rd party risk management, Information Technology, Information security, privacy or a related field within the financial services industry.
Experienced people leader with exceptional leadership and communication skills, with the ability to influence and engage stakeholders at the executive level.
Ability to work independently across a matrix organization, excellent relationship building skills and ability to influence partners.
Strong verbal and written communication skills with an ability to explain complex problems and ideas clearly and succinctly to senior management.
Analytical attitude with consistent track record of using data and business insight to develop winning strategies and drive business decision-making.

Expert knowledge of financial industry regulations and data protection requirements.

Academic Background:

Advanced degree in Technology, Engineering, Computer Science, Mathematics, Risk Management, or a related discipline is preferred.

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

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law.

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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