Director - Compliance

Global Merchant & Network Services (GMNS) brings together American Express' merchant-and network related businesses to enable a sharp focus on using the power of our network to provide unique value to all our mutual customers. The organization manages the relationships with the millions of merchants around the world that accepts American Express and runs the company’s payment network and manages bank partnerships globally.

Global Strategy and Operations (GSOP) is looking for a Director - Regulatory Change & Inventory Management focused on ensuring program governance and oversight is embedded in the day-to-day operations of our organization. It will involve extensive collaboration with multiple partners across numerous business units, functional areas, and geographies.

The Director, Regulatory Change & Inventory Management (RCIM), includes:

- Develop and execute plans for the RCIM Program Governance and Oversight framework across GMNS, including leading a team of highly engaged colleagues, and regulatory risk advise to front-line business teams regarding implementations to new or updated laws and regulatory mandates affecting our business model.

- Provide central oversight on complex, multi-market RCIM efforts including consolidated views of workstream deliverables, highlighting status & risks to senior leadership and ongoing oversight around management / mitigation of RCIM risks.

- Refine and utilize risk models and impact assessments to determine risk level of regulatory changes and support the front-line in completing gap assessments and implementation planning steps.

- Lead ongoing enhancements of the GMNS RCIM program governance framework to optimize oversight processes, tools, templates (e.g. impact/gap assessments) and training for front-line business teams, thereby strengthening risk management and supporting effective decision-making.

- Proactively conduct analysis on regulatory trends and present to sr. leaders and key stakeholders.

- Generate quality assurance activities while generating standard operating procedures (SOPs) and controls related to regulatory change efforts, ensuring that operational documents are complete and accurate.

- Outline, track & report RCIM applicable metrics, KRI limits, trends and risk appetite for GMNS to ensure regulatory change risks are managed within agreed thresholds and leverage these metrics to help detect concerning rises in emerging problems, then escalate and flag concerns accordingly in risk committees/forums.