What are the responsibilities and job description for the Director & Counsel, Third Party Risk Management position at American Express?
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.
General Counsel’s Organization:
Where great legal minds influence global business strategy.
As a member of the Global Technology, Cybersecurity, Procurement and Real Estate Law Group of the General Counsel’s Organization, the Director & Counsel – Third Party Risk Management will provide legal support to business and legal colleagues related to third party risk management legal issues around the world.
Role & Responsibilities:
Collaborate with colleagues around the world on third party risk management.
- Provide legal support and strategic advice related to third party risk management, including to the third-party risk management program, the enterprise risk management oversight team, and compliance and audit functions.
- Advise on global third-party risk management and outsourcing regulatory requirements.
- Monitor and advise on global emerging outsourcing, cloud computing and third party risk management regulatory requirements and trends.
- Support lobbying efforts related to proposed outsourcing and third party risk legislation.
- Assist in the development of American Express strategy and policies related to third party risk management, including strategy for managing non-traditional relationships, affiliates, joint ventures, and FinTechs.
- Support the third party risk management team activities associated with venture capital investments, mergers, acquisitions, divestitures, joint ventures, and other similar corporate transactions.
- Prepare and support the delivery of internal training on third party risk issues.
- Build positive working relationships across the legal department, business and third party risk teams and build relationships with external industry and trade groups.
- Implement and improve methods for legal knowledge management within the team.
- J.D. with eligibility to practice law in New York, Georgia, Florida, or Washington D.C.
5 years of work experience involving third party risk management issues in a law firm and/or in-house corporate legal environment- Experience with laws governing financial institution third party risk management, including the Gramm-Leach-Bliley Act, OCC Third Party Risk Management Guidance, and EBA Guidelines on Outsourcing Arrangements
- Experience drafting and negotiating commercial contracts
- Strong interest and/or experience in third party lifecycle management and emerging technology
- Strong analytical and problem-solving skills
- Ability to communicate complex issues clearly and persuasively
- Demonstrated experience in gaining credibility, managing expectations, and developing strong working relationships with legal colleagues and clients
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
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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Salary : $170,000 - $255,000