UK Operational Risk Analyst, CRO - Ops Risk

American Express; England; Hybrid; GBP 60,000 - 80,000; Full time

Benefits offered by this job

Competitive base salary

Bonus incentives

Financial well-being support

Comprehensive benefits package

Flexible working model

Parental leave policies

Wellness centers access

Counseling support

Career development opportunities

Job summary

American Express in the United Kingdom is seeking an Analyst, Operational Risk within the UK Chief Risk Officer (CRO) organization to strengthen the second line of defense. You will support establishment of risk governance, identify and assess risks, and report on LE risk across UK businesses.

The role partners with Enterprise Risk, regulators, and local leadership to ensure effective risk management, policy alignment, and risk data aggregation.

Qualifications

• 3-5 years of experience in risk management or a similar role.
• Strong business acumen with a risk-reward control perspective.
• Experience interacting with regulators and familiarity with UK regulatory landscape and requirements.
• Demonstrated ability to successfully manage multiple priorities under pressure.
• Fluency in English (verbal and written).
• Advanced degree in business, economics, engineering, or a related field is preferred.

Responsibilities

• Participate in the Risk Appetite Framework (RAF) refresh process and seek to align International Legal Entities (ILE) Ops Risk metrics with Enterprise (as far as possible).
• Provide Ops Risk credible challenge to Legal Entity (LE) projects, strategies and in the Change Advisory Forums.
• Understand and speak to the Ops Risk profile of the LE based on aggregation of data and reporting.
• Act as the point of contact for Ops Risk for regulators, Audit and local Leadership, and requests for Ops Risk program/results requests.
• LE specific committee Ops Risk representative, and point of contact for Ops Risk at LE board meetings (as required).
• Own ILE Ops Risk policies and frameworks, where required.
• Influence Enterprise Ops Risk Framework/Policies/Programs to ensure they are fit for purpose for ILE, and support ILE deployment of Enterprise Ops Risk programs.
• Advise the business on applicability and effective execution of Ops Risk frameworks.
• Coordinate with Enterprise Risk Lead on 2nd Line testing, and/or support ILE Risk Type testing & provide output of ILE testing to Enterprise for awareness and risk aggregation.
• Ensure appropriate communication of risks between the ILE and Enterprise.
• Support the ILE Chief Risk Officer (CRO) in their oversight duties aligned to the Risk Governance Framework and applicable policies.
• Review issues and findings related to risk type impacting ILE, and oversee effective remediation.
• 2nd Line of Defense ILE oversight lead for Regulatory Change Managements relating to Ops Risk.
• Work with the Enterprise team to develop the LE metrics dashboard, including RAF metrics, aligned with applicable regulations.
• With the reporting team, produce an LE Operational Risk Management dashboard including events, issues etc. to analyse the operational risk profile

Skills

Risk management

Regulatory interaction

Multitasking under pressure

English communication

Business acumen

Education

Advanced degree in business, economics, engineering, or related field

Job description

American Express in the United Kingdom is seeking an Analyst, Operational Risk within the UK Chief Risk Officer (CRO) organization to strengthen the second line of defense. You will support establishment of risk governance, identify and assess risks, and report on LE risk across UK businesses.

The role partners with Enterprise Risk, regulators, and local leadership to ensure effective risk management, policy alignment, and risk data aggregation.