Vice President, CECL Reserve Analytics - job 2 of 5

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 Credit & Fraud Risk Finance

The Credit & Fraud Risk (CFR) Finance team partners with the Risk organization to drive analytics which support our risk activities and inform the Company’s credit outlook, including expectations for write-offs, CECL reserve levels and CCAR stress testing.  The team delivers fact-based, decision-driven and high-impact Net Loss Provision forecasts and credit-risk related insights.  The key objective is to drive profitable financial decisions and support credit-risk strategies while ensuring adherence to governance and controls. This VP position will be part of the CFR Finance leadership team.

About The Vice President, CECL Reserve Analytics

This position will deliver deep analytics, insights and governance related to CECL credit reserves and is a critical member of the CFR Finance leadership team.  The role will play an important role in identifying emerging credit risks and measuring the financial impact of key credit risk models.  The VP will lead credit reserve discussions with the Credit Reserve Committee (CRC) and regulators including the Federal Reserve Bank (FRB) and Office of the Comptroller of Currency (OCC).  The VP will also lead analysis of our IFRS9 international credit reserves. 

This VP position will be responsible for leading a talented and high performing global team based in New York and India.  The CECL reserve analytics team partners closely with Risk Management, Controllership, Business Finance and Model Risk Management Guidance (MRMG) teams, on all aspects of credit reserve modeling and analytics.  The team has strong analytical skills which enable it to analyze credit issues, build data-driven models and provide insights.

How will you make an impact in this role?

• Lead results and analysis for CECL Credit reserve driving deep analytics & insights with an enterprise focus
• Lead credit reserve discussions with the Credit Reserve Committee, Risk Management teams, all lines of defense and regulators
• Identify potential emerging credit risks from both internal and external sources, including changes in the macro-economic environment.  Develop analytics to determine impact on credit reserves.
• Run well-controlled and governed process for CECL and IFRS9 reserves including Non-model Tools
• Partner with other CFR Finance teams, Risk and Controllership on evaluation of credit reserve drivers and forecast implications
• Deepen partnerships with various Risk and Finance teams including Credit Officers, Controllership, BU CFOs, Enterprise and BU FP&A, Investor Relations etc.
• Lead a global team of twelve high performing colleagues based in New York and India

What You’ll Bring

• Deep Experience in Advanced Analytics and Big Data Models; hands-on experience managing/ leading projects using large amounts of data
• Credit Risk experience and analytics strongly preferred
• Experience leading a complex, cross-enterprise process employing the appropriate governance and controls
• Proficiency in SQL, SAS, Hive required; Python, R preferred, Power BI or other visualization tools experience preferred
• BS/MS in Finance, Mathematics and/or Computer Science

Skills to be successful in the role:

• Leadership & Results Focus – Act & lead with courage, build relationships, especially with senior leaders, make decisions quickly & influence change. Do you drive results?

• Leading an Analytical Team - Capacity to draw business-relevant insights from large volumes of data, including an ability to ‘step back’ from the numbers and find the optimal solution.  Experience with managing a team that can mine and analyze complex data, to answer business questions.
• Communication - Excellent verbal and written communication skills.  Ability to break down complex ideas into understandable and actionable messages which can be shared with senior executives.
• Building Relationships - Strong relationship management skills; experience collaborating with and influencing multiple stakeholders.
• Innovation - Track record of innovation and thought leadership in previous roles including leveraging new technology/data sources

• Agile Mindset – Positive, can-do attitude, adaptable to change, and highly motivated self-starter
• Organized Approach – Ability to manage multiple tasks and projects simultaneously, with great follow-up and attention to detail, and work well in a fast paced and dynamic environment

Salary Range: $185,000.00 to $260,000.00 annually + bonus + equity (if applicable) + 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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