Job Description

You Lead the Way. We’ve Got Your Back. At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether we’re supporting our customers’ financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly redefining what’s possible — and we’re proud to back each other every step of the way. When you join #TeamAmex, you become part of a diverse community of over 60,000 colleagues, all with a common goal to deliver an exceptional customer experience every day. We back our colleagues with the support they need to thrive, professionally and personally. That’s why we have Amex Flex, our enterprise working model that provides greater flexibility to colleagues while ensuring we preserve the important aspects of our unique in-person culture. Depending on role and business needs, colleagues will either work onsite, in a hybrid model (combination of in-office and virtual days) or fully virtually. Functional Description Model Risk Management Group (MRMG) within Global Risk Banking and Compliance Group, is responsible for the independent risk management of all American Express (AXP) models. Purpose of the Role: The successful candidate will be responsible to manage and controls model risk, specifically associated to the next generation Artificial Intelligence or Machine Learning based models. This role will elevate model excellence, strengthen long term shareholder value, and adapt to the changing landscape of both model development innovation, external environment and heightened regulatory expectations. Responsibilities

• Conduct independent oversight of enterprise-wide models with a focus on Artificial Intelligence and Machine Learning based models for marketing, credit, fraud, or other business/ risk types.
• Conduct gap assessments and establish robust framework to strengthen model risk controls and meet heightened regulatory standards
• Conduct AI/ML research to explore opportunities and set guidelines to address regulators, elevate model excellence and drive business impact
• Communicating results to partners, senior leadership, and various model committees

• Business Outcomes:

• Drive billing, revenue growth and profitability through advanced analytical techniques
• Maximize business returns by institutionalizing efficient and accurate models.
• Innovate modeling techniques and variable creation
• Ensure modeling accuracy and enhance modeling efficiency in existing processes using Machine Learning

• Leadership Outcomes:

• Put enterprise thinking first, connect the role’s agenda to enterprise priorities and balance the needs of customers, partners, colleagues & shareholders.
• Lead with an external perspective, challenge status quo and bring continuous innovation to our existing offerings
• Demonstrate learning agility, make decisions quickly and with the highest level of integrity
• Lead with a digital mindset and deliver the world’s best customer experiences every day

• Experience:

• 4+ years’ experience in analytics or big data workstreams

• Academic Background:

• MBA, Master’s Degree in Economics, Statistics or Related Fields From Top Tier Institute

• Functional Skills/Capabilities:

• Hands-on model development or validation experience.
• Strong Analytical and Relationship and project management skills for driving validation initiatives.
• Experience in applying advanced statistical and/or quantitative techniques to solve business problems is preferred.
• Good Verbal, Written, Interpersonal skills and ability to work effectively in a team environment.
• Willingness to Collaborate with Cross-Functional teams to drive validation and Project Execution.
• Effectively communicating complex Analytical results to Business Partners and Senior Management.
• Flexibility and Adaptability to Work Within tight deadlines and changing priorities.

• Technical Skills/Capabilities:

• Experience with at least one of the data manipulations tools such as R, JAVA, SQL and SAS is a must have.

• Behavioral Skills/Capabilities:
• Enterprise Leadership Behaviors

• Set The Agenda: Define What Winning Looks Like, Put Enterprise Thinking First, Lead with an External Perspective
• Bring Others with You: Build the Best Team, Seek & Provide Coaching Feedback, Make Collaboration Essential
• Do It the Right Way: Communicate Frequently, Candidly & Clearly, Make Decisions Quickly & Effectively, Live the Blue Box Values, Great Leadership Demands Courage

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.