Sunday, November 13, 2016

Director Compliance American Express New York

Job Description: • 2-minute read •
This position is part of the US Consumer Products Compliance organization. The position will lead a team of Compliance professionals in managing an effective compliance program for the co-brand portfolio. The Cobrand portfolio (e.g. Delta, Hilton, and Starwood) has continued to grow in significance and complexity. The position requires increasing standards of Compliance oversight and control executed by a skilled and experienced compliance leader.
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The position involves direct interaction with internal and external business partners as well as legal and compliance colleagues. The successful candidate will provide strategic leadership and direction in the management of the compliance program for these critical partner relationships. Particular focus will be dedicated to new product development, marketing strategies, particular risk management initiatives, process control, customer communications and complaints. This is a highly visible and strategic position with significant and regular interaction with senior leaders across the company.

Job responsibilities:
Assisting in the provision of ongoing support and thought leadership for the US Card Compliance program related to co-brand portfolios
Effectively managing the Corrective Action process and policy to ensure timely closure of gaps across business units, particularly issues that may be relevant to co-brand partnerships
Liaising regularly with other control stakeholders, including Independent Compliance Testing (ICT), the Internal Audit Group (IAG), and other business control functions
Assisting the Banks in the conduct of examinations with regulators as relevant to this area
Reviewing proposed marketing campaign materials and strategies and provides strategic advice, direction and leadership to ensure effective mitigation of Compliance risks across co-brand partners
Effectively represent Compliance on various internal committees to effectively manage broad Compliance issues across complex deal structures
Active participation in the Annual Compliance Risk Assessment Process
Responsible for leading, coaching and developing a team of 3 compliance managers
Supporting new initiatives through the New Products Assessment (NPA) process
Effective negotiating with various external partners
Developing close relationships with business partners, and be highly engaged during all phases of new product development, various marketing and risk management strategies, including other initiatives led by business partners
Driving implementation of policy and regulatory requirements in the areas of UDAAP, general credit card practices, general banking, and other relevant federal, state and local regulations
Analyzing and implementing effective sustainable processes
Working closely with Global Risk and Compliance colleagues throughout the organization to drive compliant execution of business objectives, and will also partner closely with colleagues in the General Counsel’s Office

Qualifications

3+ years of relevant experience
Strong experience in the management and oversight of third party relationships and a demonstrated ability to drive change
Knowledge of relevant Bank regulations (e.g. Reg Z, Reg B and UDAAP)
Demonstrated ability to implement sustainable controls across complex processes
Strong, effective, and commericially savvy negotiation skills
Experience in effectively interacting with senior management
Strong and proven people leadership skills
Bachelor's degree
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