Audit Manager - Consumer Compliance - job 2 of 4

At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.

Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.

About the Internal Audit Group at American Express

Our Internal Audit Group is a worldwide function with 300+ team members and offices across nine countries within American Express. Our mission is to protect and enhance organizational value by providing independent, objective, risk-based assurance, advisory services and to influence the way the company manages risk.

We are committed to growing our audit staff significantly as we continue to expand and enhance the Internal Audit Group. Our assurance and risk professionals have diverse backgrounds including internal controls, consumer compliance, technology, operational risk, financial accounting, data analytics, and banking operations. Our audit teams align to key risk areas and business units to ensure IAG can provide comprehensive and risk-based audit coverage. In addition, IAG has a Professional Practices group responsible for managing audit operations, quality, and standards; regulatory relations; reporting; training and professional development; and key internal capabilities and technologies.

About the Role:

Our Internal Audit group is seeking an Audit Manager to assess compliance, operational, data, and technology risks, ensure compliance with regulations, and improve internal controls. The ideal candidate will have strong problem-solving skills, excellent attention to detail, and the ability to communicate audit results effectively.  

About the Team:

The Internal Audit Group is responsible for evaluating American Expresses’ financial records, internal controls, and operational processes to ensure accuracy, compliance, and mitigation of risks. As the third line of defense within American Express, the Internal Audit Group is responsible for conducting risk-based assurance and advisory reviews to help manage risks to the organization. As a key member of the of the audit team, you will provide independent and objective assurance on the effectiveness of risk management, internal controls, and governance processes, while also building relationships across the 1st and 2nd lines of defense.

Key Responsibilities:

• Execute audit lifecycle responsibilities in accordance with American Express’ Internal Audit Methodology, internal policies and standards, and regulatory expectations, while consistently delivering with quality and professionalism.
• Evaluate processes under review utilizing professional skepticism; execute audit tests and clearly document test results in accordance with internal policies and procedures.
• Hold walkthroughs with process / control owners to understand, assess, evaluate, and document relevant risks and controls.
• Present audit overviews and results to senior management, supported by sound awareness of portfolio risks, dependencies, potential control gap impacts and emerging risks in a highly professional and proficient manner.
• Execute multiple simultaneous global audit projects of all sizes and complexity across multiple business areas including integrated audits that consider compliance, operational, data, technology, and financial risks.
• Effectively coach, teach, mentor, and develop junior colleagues and co-source resources in geographically diverse locations.
• Validate management’s corrective action plans to address regulatory remediations, audit findings, and business-identified issues.
• Contribute to the development and periodic reviews of analytic control testing and ad hoc analytics, to drive timely risk insights, testing efficiencies, and increased audit coverage.
• Develop a strong understanding of American Express' business model, products, services, and organizational units.
• Maintain audit proficiency through ongoing professional development including regulatory expectations, banking leading practices, and data analytics and technology literacy skills.

Minimum Qualifications:

• Bachelor’s degree or equivalent
• 3+ years of experience in first or second line consumer and/or enterprise regulatory compliance, internal/external audit, regulatory examinations / remediation or similar roles in banking, credit card, payments or financial services industries.
• Knowledge of U.S. Consumer and/or Enterprise Compliance regulatory requirements applicable to banks.
• Knowledge of Compliance risk management processes including compliance risk assessment, testing and monitoring, training, reporting, complaints management, governance, and regulatory change management.
• Knowledge of control theory and professional internal auditing practices throughout the internal audit lifecycle.
• Strong written and verbal communication skills to deliver audit assignments with high quality, and actionable value-add feedback to management on potential control issues and opportunity areas.
• Effectively works independently, within the team and across various teams in a fast-paced environment to drive business results, utilizing sound project management skills, employing creative and critical thinking, and the ability to simultaneously work on competing priorities.
• Ability to break-down complex problems into components, utilizing risk/control knowledge, and communicate results and control recommendations with transparency and integrity.
• Ability to effectively integrate business, compliance, operational, data, and technology components in audit work.

Preferred Qualifications:

• Master’s or equivalent degree in Accounting, Business, or other related field of study.
• 5+ years of experience in the areas noted above.
• Knowledge of and experience with enterprise / operational risk management processes including regulatory exam management / regulatory affairs, issues management, new product approval, third-party / vendor risk management, etc. 
• Relevant audit and professional certifications (e.g., Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Regulatory Compliance Manager (CRCM)).
• Interest and/or experience with data analytic tools, data visualization, key risk indicators (KRIs), key performance indicators (KPIs), information systems / technology, and scorecards / dashboards, etc.
• Interest in working with data, interpreting results, analytic leading practices, and experience with data analytics tools and data visualization.

Salary Range: $80,000.00 to $155,000.00 annually + bonus + 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 you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

• 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. American Express will consider for employment all qualified applicants, including those with arrest or conviction records, in accordance with the requirements of applicable state and local laws, including, but not limited to, 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. For positions covered by federal and/or state banking regulations, American Express will comply with such regulations as it relates to the consideration of applicants with criminal convictions.

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.

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