The Commercial CreditReview Team provides oversight of all risk rating and underwriting decisionsmade within the institutional (commercial) portfolio at American Expressglobally. The candidate will conduct independent portfolio monitoring andcredit risk assessments, develop and maintain automated monitoring rules,review credit risk processes, and take part in projects that provide effectivechallenge to credit risk teams. This role requires that significant credit riskis properly evaluated and effectively communicated. The role enables exposureto a broad range of credit processes in Risk Management with the opportunity towork with and impact numerous diverse businesses at American Express. Thebreadth of responsibilities in this role provides a great training ground for acandidate looking to understand the key principles of institutional credit riskmanagement at American Express.
Design, implement, and maintain automated decision rules with objective to fully monitor Credit Risk Processes
Assess adherence to credit policies and procedures
Provide effective challenge to rating and underwriting decisions and credit strategies proposed by first line Credit Risk management teams
Review relevant supporting financial and credit analysis and documentation
Collaboration with Business Unit Risk teams to enhance decision processes or address major credit issues
Close and robust monitoring of portfolio risks trends, including industry-level monitoring
Understanding of current macroeconomic trends and how to provide recommendations to improve the PD estimation based on the business cycle
Strong analytical skills and business acumen with a risk-reward control perspective
Successfully manage multiple priorities and stakeholders under pressure
Build collaborative, trusting relationships
Independently drive results as a self-starter
Excellent verbal and written communication skills
Experience with data manipulation tools (e.g.: SQL, SAS, HIVE/HADOOP, R, Python) is strongly preferred
Bachelor's degree in quantitative field required (e.g., Finance, Statistics, Engineering, Economics, or Operations Research); advanced degree (Masters ) and/or progress towards CFA is a plus
Depending on factors such as business unit requirements, the nature of the position, cost and applicable laws, American Express may provide visa sponsorship for certain positions.