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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.

About Credit & Fraud Risk Finance

Credit & Fraud Risk (CFR) Finance team delivers fact-based, decision-driven and high-impact credit-risk related insights and deep analytics, PNL stress tests to support regulatory views and governance processes and the forecasting of Net Loss Provision. The key objective is to drive prudent financial decisions and support credit-risk strategies while ensuring adherence to governance and controls. This position will be part of a highly talented team with strong intellectual curiosity.

Director, Stress Test Modeling

About The Director, Finance Models & Stress Test Platform

This position plays a critical role in creating robust projections for Volumes to be used in Comprehensive Capital Analysis and Review (CCAR) exercise. This position will deliver best in class Billed Business and Loans predictive models to be used in regulatory exercises. The Director will also be responsible for defining & evaluating non model volumes projection methodologies, assessing results, and driving ongoing enhancements through data, technology, and people. This person would be a critical member of the CFR Finance & AXP Stress Testing organizations and will work with key stakeholders to deliver stress testing results in regulatory and management forecasting exercises.

Impact You’ll Make

• Lead the development and maintenance of best in class econometric models used to forecast volumes for US portfolios and key international markets in close collaboration with larger stress test modeling team

• Analyze portfolio/market trends and identify key drivers of forecast performance

• Partner with stakeholders across Finance, Risk, Treasury, Technologies, and the TM1 Development team to deliver on forecasting goals

• Work in very close partnership with MRMG to continually assess & rationalize modeling methodologies, theory in line with industry best practices, update model documentation to ensure compliance with AEMP55 (Amex Internal Policy)

• Own non modeling methodologies for forecasting smaller portfolios which cannot be modeled.

• Present the results to senior leadership connecting forecasting results to business outlook

• Rationalize forecasting results and methodologies to various internal and external stakeholders, including Model Risk Committee (MRC) Model Risk Management Group (MRMG), Internal Audit Group (IAG), AENB Board of Directors, Federal Reserve Board (FRB), and Office of the Comptroller of the Currency (OCC)

• Lead, develop and inspire an engaged team of 2-3 professionals on various stress testing exercises across AXP, including Bank Holding Company and local market Internal Capital Adequacy Assessment Process (ICAAP) and American Express National Bank (AENB) Macroeconomic Stress Testing

Skills to be successful in the role:

• Highly motivated individual with ability to break down, go deeper and execute on complex ideas

• Excellent communication skills to deliver results and drive engagement with Senior Leaders and key stakeholders

• Ability to influence people across all levels of the organization

• Ability to work under compressed timelines, multiple priorities with focus on operational excellence

• Be data-driven, outcome-focused and fast learner

• Strong analytical, organizational, and problem-solving skills with good attention to detail

Minimum Qualifications:

• Proven leader with strong communication and influencing skills; Ability to create a vision and successfully lead team to execute on said vision

• 5 years of relevant experience with a Master's Degree in quantitative field such as Mathematics, Statistics, Data Science or Computer Science

• Hands-on experience managing/ leading projects using large amounts of data and application of advanced predictive analytics

• Experience leading decision science teams with strong knowledge of card economics. Regulatory modeling experience is preferred

• Significant level of proficiency in SQL, Hive, Python, PySpark, Regression & Machine Learning Techniques

• Hands-on experience working in close partnership with tech teams to get the modeling solutions implemented

Qualifications

Salary Range: $150,000.00 to $225,000.00 annually bonus equity (if applicable) benefits

The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we’ll consider your location, experience, and other job-related factors.

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

• 6% Company Match on retirement savings plan

• Free financial coaching and financial well-being support

• Comprehensive medical, dental, vision, life insurance, and disability benefits

• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need

• 20 weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy

• 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

For a full list of Team Amex benefits, visit our Colleague Benefits Site .

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.

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.

US Job Seekers/Employees - Click here to view the “Know Your Rights” poster and the Pay Transparency Policy Statement.

Depending on factors such as business unit requirements, the nature of the position, cost and applicable laws, American Express may provide visa sponsorship for certain positions.

If the links do not work, please copy and paste the following URLs in a new browser window: https://www.dol.gov/agencies/ofccp/posters to access the three posters.

Job: Data Mgmt and Analytics

Primary Location: US-New York-New York

Schedule Full-time

Req ID: 25000432