Manager, AENB Compliance Governance & Oversight

The Manager of American Express National Bank (AENB) Compliance will support the Bank’s Line of Business and Legal Entity Compliance team, with particular focus on Banking Regulations, Regulation W Compliance, and New Product Governance. This role will be critical to executing AENB Compliance priorities through strong partnerships with Front Line partners, Bank and enterprise stakeholders, and effective oversight and credible challenge of first-line activities.

We are seeking an experienced Compliance Manager to support the AENB Compliance team in executing key compliance risk management activities. The Manager will provide subject matter expertise and oversight related to banking regulatory requirements, assess compliance risks associated with affiliate activities and new or modified Bank products, and support governance processes designed to identify and mitigate compliance risk. The role will partner with senior leaders, Affiliate Business Compliance Officers, Legal, Risk, Product, and first-line stakeholders to identify emerging risks, support timely escalation and remediation, and promote an effective compliance control environment

• Serve as a Compliance subject matter resource for key banking regulations and regulatory requirements, with particular emphasis on Regulation W (Sections 23A and 23B), Regulation O, Community Reinvestment Act requirements, and other regulations applicable to AENB governance activities.
• Provide Regulation W compliance oversight and credible challenge of transactions and activities between AENB and its affiliates, including assessment of applicable restrictions, quantitative limits, collateral requirements, exemptions, and market-terms requirements, and partner with relevant stakeholders to identify, monitor, and escalate affiliate transaction risks.
• Engage in Risk and Control Self-Assessment activities for Risk Assessable Units that have Regulation W/Affiliate Risks.
• Support and enhance New Product Governance by reviewing compliance risk assessments and providing credible challenge for new or modified products, services, capabilities, processes, partnerships, and other initiatives impacting AENB.
• Proactively identify, assess, monitor, and communicate emerging compliance and regulatory risks, including reviewing Bank-impacting issues, events, customer complaints, monitoring results, audit findings, and other risk indicators to determine whether remediation, escalation, or additional oversight is warranted.
• Support the development, review, and maintenance of Bank compliance policies, standards, procedures, training and governance requirements.
• Support Compliance responses and remediation strategies related to regulatory examinations, internal audits, compliance testing, monitoring, and other assurance activities, providing effective challenge of identified issues, remediation plans, and control enhancements.

• Develop clear and concise reporting materials for senior management and relevant governance forums.

   

Minimum Qualifications:

• At least five (5) years of progressive experience in Compliance, Legal, Risk, Regulatory Affairs, Audit, or a related function within the financial services industry, with demonstrated experience supporting banking compliance or regulatory risk management activities.
• Bachelor’s degree or equivalent professional experience required.
• Strong knowledge of the U.S. banking regulatory environment and experience interpreting and applying regulatory requirements within a regulated financial institution.
• Demonstrated knowledge of Regulation W (Sections 23A and 23B) and affiliate transaction requirements, including restrictions, quantitative limits, collateral requirements, exemptions, and market-terms requirements; knowledge of Regulation O and Community Reinvestment Act requirements is also preferred.
• Experience supporting affiliate compliance, intercompany activities, or affiliate transactions, with the ability to identify and assess regulatory and compliance risks and evaluate the adequacy of associated controls.
• Experience with new product or change governance, including identifying applicable regulatory requirements, conducting compliance risk assessments, evaluating controls and mitigation strategies, and providing effective challenge.
• Strong understanding of Compliance Management Systems and compliance risk management principles, including how compliance risk is identified, assessed, monitored, controlled, tested, escalated, and reported.
• Demonstrated ability to analyze complex regulatory and business issues, exercise sound judgment, and provide independent and credible challenge while developing practical, risk-based, and compliant solutions.
• Strong relationship management and influencing skills, with demonstrated ability to collaborate effectively across Compliance, Legal, Risk, Product, Operations, Technology, Audit, and senior management without direct authority.
• Exceptional written and verbal communication, organizational, and project management skills, with the ability to communicate complex compliance matters clearly, manage multiple priorities, and drive results within established timeframes.
• Certified Regulatory Compliance Manager (CRCM) certification or other relevant compliance or risk certification.
• Advanced degree in law, business, finance, risk management, or a related field.
• Previous experience in a Compliance, Legal, Risk, or Audit function at a large U.S. bank or other highly regulated financial institution.
• Experience supporting regulatory examinations or interacting with U.S. banking regulators.

• Experience participating in new product approval, affiliate transaction, or other Bank governance committees and processes.

   

  Preferred Qualifications

• Certified Regulatory Compliance Manager (CRCM) certification or other relevant compliance or risk certification.
• Advanced degree in law, business, finance, risk management, or a related field.
• Previous experience in a Compliance, Legal, Risk, or Audit function at a large U.S. bank or other highly regulated financial institution.
• Experience supporting regulatory examinations or interacting with U.S. banking regulators.

• Experience participating in new product approval, affiliate transaction, or other Bank governance committees and processes.

  Employment eligibility to work with American Express in the United States is required as the company will not pursue visa sponsorship for these positions.