Senior Manager, Effective Challenge

4 weeks ago


London, UK, United Kingdom American Express Full time
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.

How will you make an impact in this role?
The Operational Risk Management (ORM) team facilitates and monitors the implementation of effective operational risk management programs throughout the organization, and oversees risk ownership throughout business units, products, and processes.

The objective of the Operational Risk Management (ORM) Testing, Monitoring, Aggregation and Reporting team is to support organizational resilience through performance of independent testing and monitoring; and establish clear guidelines through standards for reporting and risk assessments; and provide a holistic view of Operational Risk Management (ORM) through aggregated reporting.

Operational Risk Management is looking for a Senior Manager to join the Risk Identification, Monitoring and Testing team focusing on creating effective challenge procedures to ensure operational risk management 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 Senior Manager, Independent Challenge:

  • For the risk identification, testing, reporting and aggregation team, own the end to end effective challenge process including documentation, templates and reporting
  • Design and maintain independent challenge processes to verify risk appetite statements and key risk indicators (KRIs) contribute to BU process risk identification and reduction
  • Design and maintain procedures to verify BUs application of governance policies and procedures within their operational activities
  • Design and maintain processes to verify the Operational Risk (OR) taxonomy contributes to an effective risk and control environment
  • Stay abreast of regulatory changes and industry best practices, and provide oversight of processes to monitor, evaluate and integrate regulatory changes into OR and PRSA framework
  • Facilitate the development of a strong risk culture throughout the enterprise, emphasizing risk awareness, accountability, and informed risk-taking within the bounds of the risk appetite
  • Work closely with other control functions (i.e., Compliance, Legal, and Internal Audit) and risk disciplines (Information Technology, Third Party, Data Management and Governance, etc) to ensure an integrated and comprehensive approach to operational risk governance
  • Perform in depth qualitative and quantitative analysis of operational risk management testing for trends and themes while monitoring established escalation thresholds; the successful candidate must be able to generate insights and conclusions from voluminous data with a keen attention to detail
  • Maintain a repository of documentation of effective challenge across the Operational Risk Management (ORM) and PRSA framework(s)
  • Provide appropriate and timely reporting on effective challenge types across risk pillars
Required Qualifications:

  • 6+ Years experience in risk management (e.g., within Risk and/or Audit function) and understands critical operational risk management lifecycle activities
  • Knowledge of OCC Heightened Standards, Basel Committee on Banking Supervision (BCBS) 239, and other regulatory changes and industry best practices
  • Strong analytical and problem-solving skills, with an ability to analyze data, identify root causes and trends, and evaluate risk scenarios effectively
  • Excellent qualitative analytical skills
  • Project management skills
  • Exceptional presentation and communication skills, particularly in the development of compelling and insightful materials for large audiences and leadership
  • Experience in process governance, with a track record of establishing and overseeing robust decision-making processes that align with policies, regulatory frameworks, and/or operational standards
Preferred Qualifications:

  • Bachelor's degree in Accounting, Information Technology, Business, Risk Mgmt., or related field; advanced degrees (e.g., MBA, MSc) or certifications are advantageous
  • Experience in at least one of the following: Creating and/or maintaining operational risk frameworks including policies, guidelines, and procedures to effectively manage risk and comply with regulations and industry standards; Establishing and communicating the enterprise's operational risk appetite statements and key risk indicators; Overseeing the adoption and consistent application of an operational risk management framework; Performing evaluations of operational risk governance framework's effectiveness, identifying improvement opportunities and overseeing the implementation of enhancements
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
Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.

  • London, UK, United Kingdom Q Networkers Full time

    £65k - £85k + up to 100% bonus The Company Do you have a thirst for winning and an ambition to be the best Senior Account Manager in the Fintech industry? Then look no further, as this might be exactly the challenge you are looking for. Here is the chance to use your talent where it matters and be a part of a truly international and vibrant company with...

  • Senior Executive

    1 month ago


    London, UK, UK, United Kingdom Q Networkers Ltd Full time

    Up to £100k + up to 100% bonusDo you have a thirst for winning and an ambition to be the best Senior Executive in the FinTech industry? Are you interested in joining a growing business, at the cutting edge of the global banking and payments sector? We are working with a truly international and vibrant company with more than 550 skilled and dedicated...

  • Senior Credit Manager

    3 weeks ago


    London,, UK, United Kingdom CRS Full time

    Job Title: Senior Credit Manager - Real Estate FinanceAbout the Company:This is UK challenger bank, who lends across a number of verticals with a number of regional offices across the country. This role will sit specifically within the Real Estate Finance team which has been an extremely successful vertical for the bank. About the Senior Credit Manager -...


  • London,, UK, United Kingdom SmartMedia Technologies Full time

    We operate within a remote-friendly work environment and must be available to work during United Kingdom office hours.Senior Account ManagerAbout UsSmartMedia Technologies is a company founded to bring brand engagement solutions to scale conscious companies. We are experts in launching and scaling everything from Linear, Connected TV to Web3. The future is...


  • London, UK, UK, United Kingdom Harnham Full time

    Marketing Effectiveness Director Up to £100,000Hybrid - London A great opportunity to join a leading media agency as a Director of Marketing Effectiveness THE COMPANYThe business is a world leader in media investment analysis, utilising data to provide independent and factual advice enabling brand owners to optimise their media and marketing spend.As a...


  • London,, UK, United Kingdom Boden Group Full time

    Senior Facilities Manager Boden Group are delighted to bring this high sought after role to the market on behalf of one of our clients. Our client is a very well respected property management/development company who have multiple sites across the UK, Europe and the US. The role we have been instructed on is a Senior Facilities Manager role looking after a...

  • Senior Compliance Manager

    24 minutes ago


    London,, UK, United Kingdom Pavilion Recruitment Solutions Full time

    The Senior Compliance Manager will act as an internal compliance consultant for the Group and its subsidiaries. This role, reporting directly to the Head of Compliance in London, focuses on crafting and implementing practical solutions for intricate compliance challenges within various regulatory frameworks. You will collaborate with the Head of Compliance...

  • Senior Pitch Manager

    3 weeks ago


    London,, UK, United Kingdom Slaughter and May Full time

    ROLE OVERVIEW //We are recruiting for a Senior Pitch Manager, on a permanent basis, to join our established team consisting of a Head of Pitching, a Senior Pitch Manager (on family leave), two Pitch Manager’s (one FTC) and a Pitch Executive. The Pitch Team forms part of the Business Development (“BD”) department within the Commercial function. In...


  • London,, UK, United Kingdom SAVVY MEDIA & DIGITAL RECRUITMENT Full time

    Job title: Senior Marketing ManagerLocation: London (hybrid working)Salary: Up to £55K DOE.Are you a marketing professional ready to make an impact in the media industry? Savvy Media is excited to present a fantastic opportunity for a marketer with a creative and strategic edge! Our client, a leading player in the UK's outdoor sector, is looking for a...


  • London,, UK, United Kingdom Zealous Agency Full time

    Are you an integrated Senior Account Manager looking for a new challenge within an ambitious, innovative agency in Central London?Our client, a highly reputable full-service marketing agency, is looking for an established Senior Account Manager to join their talented client services team.Following several exciting client wins, this is an excellent time to...


  • London,, UK, United Kingdom RedLaw Recruitment Full time

    Senior Business Development Manager, TransactionsWe are excited to be working with a leading US Law Firm to hire a Senior Business Development Manager for their Transactional Practice. This is a key leader role, serving as the primary liaison to critical high-revenue practice and industry groups within the firm which involves developing and executing...


  • London,, UK, United Kingdom Intelligent People Full time

    Senior Product Manager | £90-120k + 10% Bonus | London (Hybrid, 4 days per week) We are looking for a Senior Product Manager needed by a global tech4good organisation who seeks to make the world a better and safer place for billions of lives!The Senior Product Manager will be part of a $2bn organisation and a 40-person product team, with a large amount of...


  • London,, UK, United Kingdom Understanding Recruitment Full time

    Senior Product ManagerCentral London (Hybrid)Salary up to £100kAre you a self-driven and ambitious Product Manager ready to join a fast-paced, innovative FinTech start-up?We're working with a disruptive B2B FinTech company, backed by some of Europe's leading early-stage venture capital firms and influential angel investors. Their mission is to build...

  • ERP Microsoft Dynamics

    2 months ago


    London,, UK, United Kingdom Alexander Ash Consulting Full time

    ERP Microsoft Dynamics - Senior ManagerAlexander Ash are working with a management consulting firm, aligned to a new growing Digital Platforms Practice with expertise across Microsoft Dynamics / MS Dynamics Finance Transformation. This role offers a unique opportunity to be part of a pioneering initiative backed by substantial investment, aiming for...


  • London, UK, United Kingdom WELLCOME TRUST Full time

    Salary: £61,714Closing date: Sunday, 22 September 2024Contract type: Permanent Wellcome is a global charitable foundation. We improve health for everyone by funding science, leading policy and advocacy campaigns, and building partnerships. We plan to spend £16bn over the next ten years, funding new discoveries in life, health and wellbeing, and taking on...


  • London, UK, United Kingdom Randstad Financial & Professional Full time

    Main Activities Deliver planned audits to scope, quality, time and within budget as outlined in the Internal Audit Annual Programme, Contribute to the overall audit strategy and the process of ongoing assurance to the Accounting Officer and audit sponsor/son the adequacy, reliability and effectiveness of risk management, control and governance processes,...


  • London, UK, UK, United Kingdom Virtua Full time

    Account Manager or Senior Account Manager London based - hybrid working6 month contract starting asapUp to £55k + BenefitsWe are thrilled to partner with an award-winning experiential and activations agency to find a Senior Account Manager.This is a contract position based in London.About the RoleAs a Senior Account Manager, you will join a vibrant client...


  • London,, UK, United Kingdom Wilkinson & Associates Full time

    W&A is partnering with a dynamic financial services firm to help source and Financial Risks Internal Audit Senior Manager.This role can be based in either London or Birmingham and will operate on a hybrid basis, with normally a minimum of 2 days a week working in the office and the rest working at home. The Role:As a Senior Internal Audit Manager, you will...


  • London,, UK, United Kingdom Perigord Life Science Solutions Full time

    About us:Perigord is a global organisation and leader in the field of integrated Artwork Management System, Artwork Creation and Production Services to the Life Science industry. We provide the world's leading life science companies with a comprehensive range of creative, production, and project management solutions, supporting all aspects of their...

  • Senior Product Manager

    3 months ago


    London, UK, United Kingdom Brit Full time

    Vacancy Name Senior Product Manager Employment Type Permanent Location London Role Details Who are we? Ki is the biggest global insurance tech company you`ve never heard of, unless you`ve been looking to insure a satellite, wind farm or music festival recently. Having written over $877m in gross written premium in 2023, we`ve achieved significant...