Spain Risk Management Lead | Second-Line & Governance

American Express Company; Madrid; Hybrid; EUR 90,000 - 120,000; Full time

Benefits offered by this job

Competitive base salaries

Bonus incentives

Support for financial wellbeing and退休

Comprehensive medical, dental, vision,

Flexible working model with hybrid, on

Generous paid parental leave

Free access to global on-site wellness

Free confidential counseling via Happy

Career development and training

Job summary

American Express is seeking a dedicated risk professional to join the Spain Chief Risk Officer team in the second line of defense. You will lead and develop a team of about four risk analysts, partnering with stakeholders across the organization to drive risk identification, monitoring, and reporting.

You will design testing plans, enhance second-line methodologies, oversee remediation, and coordinate with first, second and third lines to strengthen assurance.

Qualifications

• 6-8 years of experience in risk management or a similar role.
• Experience as a people leader.
• Strong analytical skills and business acumen with a risk-reward control perspective; and the ability to balance commercial objectives with sound risk management.
• Experience interacting with regulators and familiarity with Spain and Europe’s regulatory landscape and requirements;
• Demonstrated ability to successfully manage multiple priorities under pressure.
• Fluency in English (verbal and written).
• Degree in business, economics, engineering, or a related field; professional certifications such as FRM, CFA are valued.

Responsibilities

• Risk Identification, Assessment & Monitoring: Maintain a comprehensive view of the Legal Entity risk profile, proactively identifying, assessing and monitoring material, top and emerging risks across relevant risk pillars.
• Risk Reporting & Analytics: Develop and maintain effective risk reporting, metrics and Key Risk Indicators (KRIs) to support senior management and governance committee oversight.
• Second-Line Testing: Develop and execute a risk-based, multi-year second-line testing plan informed by Legal Entity and enterprise risk assessments, ensuring appropriate prioritization and coverage of material risks and controls.
• Testing Framework & Methodology: Develop and continuously enhance second-line testing methodologies, standards, procedures and governance, driving consistency, quality and adoption of best practices across Legal Entities.
• Testing Execution & Reporting: Oversee and support the execution of second-line control reviews, ensuring robust assessment of control design and effectiveness, clear documentation of findings and timely communication of outcomes to senior management and relevant governance committees.
• Issue & Remediation Oversight: Establish and maintain effective processes to track issues and remediation arising from second-line reviews, overseeing corrective actions and identifying recurring themes, systemic control weaknesses and emerging areas of risk.
• Integrated Assurance: Coordinate with first, second and third lines of defense to strengthen assurance coverage, reduce unnecessary duplication and support the development of integrated assurance frameworks and assurance maps.
• Enterprise Alignment: Partner with enterprise risk, testing and assurance teams to align methodologies, risk assessments and reporting approaches, while identifying opportunities to improve consistency and efficiency.
• Risk Governance & Effective Challenge: Maintain a strong understanding of relevant products, services, processes and systems to provide independent oversight and effective challenge of risk management practices and the implementation of enterprise risk frameworks, including risk appetite and concentration risk.
• Team Leadership: Lead and develop a team of approximately four risk analysts, setting priorities, allocating resources and providing coaching and oversight to ensure high-quality delivery across risk reporting, monitoring and second-line testing activities.

Skills

Leadership experience

Analytical skills

Regulatory interaction

Education

Degree in business, economics, engineering, or related field

Job description

American Express is seeking a dedicated risk professional to join the Spain Chief Risk Officer team in the second line of defense. You will lead and develop a team of about four risk analysts, partnering with stakeholders across the organization to drive risk identification, monitoring, and reporting.

You will design testing plans, enhance second-line methodologies, oversee remediation, and coordinate with first, second and third lines to strengthen assurance.