Manager, Anti-Money Laundering (AML) Risk - Leading Enterprise-Wide Compliance Initiatives in a Dynamic Hybrid Environment

Unlock Your Career Potential as a Manager, Anti-Money Laundering (AML) Risk at American Express

At American Express, we believe in empowering our colleagues to drive progress and create meaningful careers. As a Manager, Anti-Money Laundering (AML) Risk, you will play a pivotal role in shaping our financial crimes compliance landscape and ensuring the success of our Global Financial Crimes Compliance (GFCC) team. Join our diverse community of professionals and be part of a company that values integrity, teamwork, and diversity.

About American Express and the GFCC Team

American Express is a global financial services company renowned for its commitment to customer experience and community involvement. Our GFCC team is dedicated to protecting our customers, communities, and the company from financial crimes. As a Manager, AML Risk, you will be an integral part of this team, working collaboratively with business partners and colleagues to assess and mitigate money laundering risks associated with our products and services.

Key Responsibilities

• Create process flows for all relevant transaction types and identify potential risks to the AML program, ensuring the effectiveness of our compliance initiatives.
• Partner with process owners and Compliance colleagues to develop controls to mitigate AML risks, promoting a culture of collaboration and risk management.
• Provide oversight of transaction monitoring and customer risk rating processes, ensuring the accuracy and efficiency of our risk assessment procedures.
• Monitor and track risk events and corrective actions that impact GFCC, driving proactive risk mitigation and compliance.
• Support the management of strategic projects related to the BSA/AML Program, contributing to the development of innovative compliance solutions.
• Collaborate with team members to maintain a complete inventory of products, services, and features overseen by the U.S. AML team, ensuring comprehensive risk coverage.
• Develop and maintain targeted risk assessments to identify exposure to FinCEN's national strategic AML priorities, staying ahead of emerging risks and regulatory requirements.

Essential Qualifications and Skills

To succeed as a Manager, AML Risk, you will need:

• A Bachelor's degree in a related field (Master's degree or equivalent experience preferred).
• A minimum of five years of professional experience, with at least three years in BSA-AML compliance, law enforcement, general compliance, audit, risk assessment, or project management.
• Familiarity with assessing inherent product risks and regulatory requirements, as well as a keen attention to detail in analysis and documentation.
• Proven analytical and problem-solving skills, with the ability to evaluate control environments and conduct gap assessments.
• Effective communication and excellent writing skills, with the ability to articulate complex risk concepts to stakeholders.
• Strong skills with Microsoft Office products, including Excel and PowerPoint.

Preferred Qualifications and Skills

While not required, the following qualifications and skills will be considered a plus:

• Experience with documentation of complex processes and controls.
• Ability to manage multiple tasks, take on additional responsibilities, and prioritize work in a deadline-intensive environment.
• A strong understanding of FinCEN's national strategic AML priorities and regulatory requirements.

Career Growth and Development Opportunities

At American Express, we are committed to supporting the career growth and development of our colleagues. As a Manager, AML Risk, you will have opportunities to:

• Learn from industry leaders and engage in career development and training opportunities.
• Grow your career path through involvement in strategic projects related to the BSA/AML Program.
• Develop your skills and expertise in AML risk management, compliance, and financial crimes prevention.

Work Environment and Company Culture

American Express values integrity, teamwork, and diversity, fostering an environment where every employee feels seen, heard, and belongs. As a colleague, you will be part of a global and diverse community that promotes collaborative efforts and recognizes individual contributions. Our hybrid work model offers flexibility, allowing you to balance your time between our remote office and home.

Compensation, Perks, and Benefits

We offer a competitive compensation package, including:

• A salary range of $90,000 to $165,000 annually, plus bonus benefits.
• A 6% company match on retirement savings plans.
• Free financial coaching and financial well-being support.
• Comprehensive medical, dental, vision, life insurance, and disability benefits.
• Flexible working arrangements, including hybrid, onsite, or virtual options.
• 20 weeks paid parental leave for all parents, regardless of gender.
• Free access to global on-site wellness centers staffed with nurses and doctors.
• Free and confidential counseling support through the Healthy Minds program.

Why Apply for This Role?

This role provides a unique opportunity to work in a team responsible for leading enterprise-wide Anti-Money Laundering, Sanctions, and Anti-Corruption compliance functions. You will have a chance to make a significant impact on the financial crimes compliance landscape while being part of a supportive and diverse community. If you are passionate about AML risk management and compliance, and are looking for a challenging and rewarding career opportunity, we encourage you to apply.

Join Our Team!

If this role sounds like a perfect fit, don't hesitate. Apply today and let's build the future together. We look forward to hearing from you!