Manager-Compliance UK MCO Advisory

London, England, United Kingdom

12/5/2024

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At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.

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How will you make an impact on this role?

The role of Compliance Advisory Manager supports the development and ongoing maintenance of a comprehensive and sustainable compliance program for all Lines Of Business (LOB) and functions’ current and future businesses and initiatives in the UK for both the card issuing business, AESEL and the acquiring business, AEPSL.

Reporting into a Senior Manager, in the UK Market Compliance Office.

Duties will include:

• Support development and ongoing maintenance of the Compliance Program of all LOBs in the UK. This will include:
• completing Compliance Risk Assessments;
• drafting the Annual Compliance Plan;
• completing the Business Unit Compliance Assessment; and
• advising on Issue Management, Regulatory Change Management and New Product Approvals
• Provide expert compliance advice and guidance to the all LOBS in the design and implementation of products, customer interactions/marketing, processes, and controls so as to comply with all applicable laws and regulations;
• Support the practical implementation of new regulatory directives impacting all LOBs in the UK and remediation activities as required;
• Develop and/or assist in the development and maintenance of compliance-related policies:
• Coordinates and as necessary develop and conduct customized training and communication plans to meet compliance needs;
• Provide insight and reporting to the UK Market Compliance Officer, holder of SMF16 and 17, on resolution of compliance-related incidents and gaps, regulatory changes and ensure timely remediation of significant projects;
• Participate with regulatory interactions, to include reporting, consultations or investigations, in partnership with the Regulatory Liaison Team within the UK MCO;
• Keep up to date a working knowledge of applicable laws, regulations and company policies to identify the Company’s legal obligations.
  
  

Minimum Qualifications:

• Five plus years as a Compliance Manager in an advisory capacity with working knowledge of the UK Retail Banking/Payments industry
• Proven ability to understand legal and regulatory concepts and convert them into relevant, practical business requirements and compliance solutions
• Self-motivated, energetic team player with proven ability to work effectively in a matrix organization and across international markets with all levels of management
• Strong influencing, communication, and relationship skills
• Excellent written and oral communication skills
• Bachelors degree and or compliance / legal qualification
  
  

We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

• Competitive base salaries
• Bonus incentives
• Support for financial-well-being and retirement
• Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
• Generous paid parental leave policies (depending on your location)
• 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
  
  

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.