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About the Role

The Model Risk Management Group (MRMG) oversees model risk and governance for machine learning usage across the enterprise. This role focuses on reviewing credit risk, fraud risk, and line management models, ensuring the elevation of modeling standards and fulfillment of regulatory requirements for model risk management.

Responsibilities

• Review credit risk, fraud risk, and line management models.
• Ensure elevation of modeling standards.
• Fulfill regulatory requirements for model risk management.

Requirements

• Strong risk mindset.

Work Type

• Hybrid
• Onsite
• Virtual

Benefits

• 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

About the Company

• American Express has a 175-year history of innovation, shared values, and Leadership Behaviors.
• The company is committed to backing its customers, communities, and colleagues.
• Focuses on delivering differentiated products and world-class customer service.
• Operates with a strong risk mindset to uphold trust, security, and service.
• Offers a culture with powerful backing, comprehensive support for holistic well-being, and opportunities for learning, leadership development, and career growth.
• Values colleague voices and ideas, ensuring work makes an impact.
• Aims to define the future of American Express.

Equal Opportunity

• 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.
• Considers for employment all qualified applicants, including those with arrest or conviction records, in accordance with applicable state and local laws, including the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance for Employers, and the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.
• Complies with federal and/or state banking regulations regarding the consideration of applicants with criminal convictions for positions covered by such regulations.