Manager-Compliance - Corporate Development and Financial Crimes Program

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.”

Have a Front Row Seat to Growth and Change at American Express.

This is your opportunity to play a critical role in high-profile and fast-paced strategic projects that make headlines (such as American Express’s acquisition of Kabbage). At the same time, you will also learn about the enterprise as a whole and lead financial crimes program efforts with impacts across the company.

Corporate Development Compliance oversees regulatory compliance diligence and integration on major deals (mergers /acquisitions / divestitures) and also venture capital investments in start-ups, while also acting as Compliance Officers for the central Corporate Development team, including its venture capital arm, American Express Ventures. This compliance team is part of the Global Financial Crimes Compliance (GFCC) Program Management team, but its scope covers all compliance areas.

Part of the wider Global Risk and Compliance organization, the GFCC Program Management team is responsible for company-wide anti-money laundering, countering terrorist financing, sanctions, anti-corruption, and Foreign Account Tax Compliance Act (FATCA) programs. It leverages its horizontal insight across products and business lines to analyze risks, identify areas for improvement, and provide recommendations on an ongoing basis and especially in the context of product development and other large-scale changes.

Unique and Diverse Perspectives are Valued Because Most Projects Focus on the New and Complex.

In this role, your primary focus with be on Corporate Development, but you will support projects and processes in wider GFCC Program Management. Across the board, most projects will focus on a novel product development or something entirely new to American Express, whether a product, a company, or a regulation.

Building relationships, thinking strategically, learning quickly, and drawing on your own related experiences are critical to understanding a project, challenging assumptions, collaborating effectively, and driving stakeholders to solutions.

Responsibilities

Corporate Development

• Owning compliance diligence of potential venture capital investments, including researching products/regulatory environment, drafting diligence questions, reviewing written responses and materials, conducting interviews with target’s C-suite management, and preparing written analysis and recommendations on the target’s compliance program and risks.
• Coordinating and leading wider compliance teams in diligence of larger or more complex transactions, ensuring adherence to process and completeness of reviews.
• Engaging outside consultants and counsel, as needed, for specialized services and advice.
• Ensuring clear and well-organized documentation of findings, analysis, and recommendations.
• Maintaining and delivering reporting for senior compliance leaders and committees.
• Supporting ongoing compliance risk assessment process for the Corporate Development team itself, including reviews of applicability of regulations, evaluation of control adequacy/strength, and oversight of action plans.
• Ongoing improvements to our team’s procedures, guidance for other stakeholders and information management strategy.

GFCC Program Management

At various times, your role could include:

• Overseeing updates to company-wide training on financial crimes subjects
• Supporting the global FATCA program, through oversight of ongoing processes and any annual reporting and supervision of projects that affect related processes.
• Assisting with product approval reviews, including for acquired products.

Researching internal products/processes to understand financial crimes risks for the company as a whole and to identify opportunities and potential solutions for strengthening controls

• 4-6 years of professional experience with a large organization, regulatory body, financial institution, consulting firm, or law firm including substantial experience in one or more of the following areas: design or operation of a compliance program; compliance consulting; compliance risk assessments; regulatory advice; mergers & acquisitions; venture capital firms or investments; FinTech or other emerging technology companies;
• Deep knowledge of compliance program principles and risk assessments is preferred
• Experience with the American Express compliance control environment or program is valued but not required.
• Experience leading or coordinating cross-functional or broad stakeholder teams of peers on complex projects, including driving towards goals in time-sensitive situations.
• Relationship-builder with collaborative skills to partner with a diverse set of colleagues.
• Well-organized and proactive, with ability to act independently to drive results, with a preference for candidates who have formal project management experience.
• Able to effectively manage multiple projects and priorities simultaneously.
• Exceptional communication skills, both written and in-person, with the comfort and ability to produce and deliver updates that are ready for senior management.
• Advanced skills with Microsoft Office 365 products, especially Excel, Power Point and Share Point, and/or a demonstrated ability to quickly learn new technical skills.
• Bachelor’s degree is required; advanced degree is a plus.

Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.

Why American Express?

There’s a difference between having a job and making a difference.

American Express has been making a difference in people’s lives for over 160 years, backing them in moments big and small, granting access, tools, and resources to take on their biggest challenges and reap the greatest rewards.

We’ve also made a difference in the lives of our people, providing a culture of learning and collaboration, and helping them with what they need to succeed and thrive. We have their backs as they grow their skills, conquer new challenges, or even take time to spend with their family or community. And when they’re ready to take on a new career path, we’re right there with them, giving them the guidance and momentum into the best future they envision.

Because we believe that the best way to back our customers is to back our people.

The powerful backing of American Express.

Don’t make a difference without it.

Don’t live life without it.

“Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.”

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