Job Description
Join the American Express Team: Where Excellence Meets Opportunity
At American Express, we're dedicated to empowering individuals and organizations to achieve greatness. As a global and diverse community of partners, we're united by our unwavering commitment to supporting our customers, communities, and each other. When you join our team, you'll embark on a unique and fulfilling career journey, complete with benefits, programs, and flexibility to help you grow both personally and professionally.
About the Role: Model Risk Management Specialist
We're seeking an exceptional Model Risk Management Specialist to join our Model Risk Management Group (MRMG) within the Global Risk and Compliance Group. As a key member of our team, you'll be responsible for independently overseeing model risk, specifically related to cutting-edge Gen AI (Large Language Models). Your expertise will help elevate model excellence, drive long-term shareholder value, and adapt to the evolving landscape of model development, external environment, and heightened regulatory expectations.
Key Responsibilities:
- Direct independent oversight of enterprise-wide models with a focus on Gen AI (Large Language Models) and AI-based models for marketing, credit, fraud, or other business/risk types.
- Conduct gap assessments and establish robust frameworks to strengthen model risk controls and meet elevated regulatory standards.
- Lead AI/ML research to explore opportunities to enhance model excellence and drive business impact.
- Communicate results to partners, senior management, and other model councils.
Essential Qualifications:
- Bachelor's degree in a quantitative field, such as mathematics, statistics, computer science, or engineering.
- 5+ years of experience in model risk management, risk management, or a related field, with a focus on AI/ML models.
- Advanced knowledge of AI/ML concepts, including Gen AI (Large Language Models) and their applications.
- Excellent analytical and problem-solving skills, with the ability to interpret complex data and communicate insights effectively.
- Strong business acumen and understanding of the impact of AI/ML models on business outcomes.
Preferred Qualifications:
- Master's degree in a quantitative field, such as mathematics, statistics, computer science, or engineering.
- 7+ years of experience in model risk management, risk management, or a related field, with a focus on AI/ML models.
- Professional certifications, such as FRM, CFA, or CAIA.
- Experience working in a highly regulated industry, such as finance or banking.
Skills and Competencies:
- Strong technical skills in AI/ML, including programming languages such as Python, R, or SQL.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with stakeholders across the organization.
- Strategic thinking and problem-solving skills, with the ability to analyze complex data and drive business outcomes.
- Adaptability and agility, with the ability to navigate a rapidly changing environment.
Career Growth Opportunities and Learning Benefits:
At American Express, we're committed to helping our team members grow and develop their skills. You'll have access to:
- Comprehensive training programs to enhance your technical and business skills.
- Mentorship opportunities to help you navigate your career journey.
- Flexible work arrangements to support your work-life balance.
- Competitive compensation and benefits to reward your hard work and dedication.
Work Environment and Company Culture:
Our work environment is designed to inspire creativity, collaboration, and innovation. You'll be part of a diverse and inclusive community that values:
- Integrity in everything we do.
- Respect for our customers, colleagues, and communities.
- Excellence in all aspects of our business.
- Accountability for our actions and decisions.
Compensation, Perks, and Benefits:
We offer a comprehensive compensation package, including:
- Competitive salary of $25/hour.
- Benefits to support your physical and mental well-being.
- Perks to enhance your work experience, such as flexible work arrangements and professional development opportunities.
Conclusion:
If you're a motivated and talented Model Risk Management Specialist looking for a new challenge, we encourage you to apply for this exciting opportunity. Join our team and become part of a global community that's dedicated to empowering individuals and organizations to achieve greatness.
Apply Now and take the first step towards a fulfilling career with American Express.
Apply Now