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



The Enterprise Risk Management (ERM) team, within the Global Risk and Compliance organization and led by the Chief Risk Officer, is responsible for establishing and maintaining the Company's overall risk management and governance framework. The team is also responsible for ensuring that risk management activities are being conducted in a manner compliant with regulatory requirements and expectations. The team aggregates and reports on key risk management and oversight activities to the relevant management and Board risk committees.



The ERM team is responsible for setting up frameworks for emerging risk types including technologies like Artificial Intelligence (AI) and Generative AI (Gen AI) and their adoption by the Company while ensuring safety and soundness. AI and Gen AI demonstrate potential in the areas of enhancing protection, productivity, and growth, but also introduce novel and heightens existing risks.


The Director, Artificial Intelligence (AI) Risk Management is an emerging leadership role focused on managing the risks associated with the development and deployment of artificial intelligence (AI) systems within American Express.


The incumbent will be responsible for designing and executing on the overall risk management and governance framework for Traditional AI and Gen AI adoption at the Company. We are seeking an experienced leader to be a part of this exciting journey.


Responsibilities:


• Design and implement AI risk management framework, AI risk policy, and AI risk capabilities to identify, measure, manage, monitor, and report risks related to Traditional AI and Gen AI.
• Identify heightened and novel risks presented by Traditional AI and Gen AI and oversee controls in line with AXP's risk and control framework. Establish guidance and requirements for minimum recommended controls for each risk pillar in partnership with first and second line of defense.
• Build a new team of AI risk professionals, fostering a culture of excellence, imagination, and continuous learning. Attract, lead, and nurture colleagues towards a fun-filled and high energy workplace.
• Leverage AI risk framework to conduct risk assessments at an aggregate level and for various AI and Gen AI use cases, across the AI use case lifecycle.
• Lead the design and development of Board and management reporting on key risk metrics (Key Control Indicators, Key Risk Indicators and Key Performance Indicators) towards early identification of key Traditional AI and Gen AI risks. Establish monitoring and testing processes to continuously evaluate AI risks.
• Collaborate with leadership across Technologies, Privacy, Legal, Data and other organizations to define and report on the organization's risk appetite for AI and monitor adherence to established thresholds.
• Leverage external perspectives, including external events, relevant laws, regulations, and guidance to refine and enhance the AI risk management program. Invest in research and development by having a risk mindset to innovate in risk identification strategies to plan for the future.
• Collaborate with GCO and other key partners, to develop and implement an enterprise-wide training module for Traditional AI and Gen AI risks.

Qualifications:


• Deep technical expertise in AI/machine learning technologies and their potential risks, and strategic thinking ability to align AI risk management with business objectives.
• Minimum of five years-experience in risk management (preferably including Traditional AI and Gen AI), or related fields within the financial services industry. Strong background in risk management, compliance, and governance
• Proven track record in developing risk management frameworks for existing and emerging risks. Experience and expertise in Data Risk, Information Security, Operations, Privacy and Compliance is desirable. Experience in successfully developing and implementing AI risk management strategies in a Fortune 500 or similarly complex organization is desirable.
• Advanced degree in Technology, Engineering, Risk Management, Computer Science, Mathematics, or a related discipline is preferred.
• Knowledgeable of relevant Financial Services industry regulations globally, and AI standards, and ethical principles related to AI.
• Knowledgeable of managing heightened and novel risks associated with AI and emerging technologies, in particular for Gen AI.
• Knowledgeable of large language models (LLMs) and technology architecture, especially for cloud-based deployments would be a plus.
• Proven expertise and track record in data-driven risk management and analytics tools / technologies.
• Ability to bring the right balance of big picture thinking and intellectual curiosity. Applies a learning mindset to courageously and patiently evaluate multiple perspectives to reach a conclusion.
• Risk leader with proven track record of effectively building, nurturing, and managing risk management teams.
• Ability to collaboratively deliver outcomes and results in a volatile, unstructured, challenging, and ambiguous environment.
• Excellent communication and leadership skills to influence cross-functional teams.
• Relevant industry certifications.


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.