At American Express, our culture is built on a 175-year history of innovation, shared 

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.

How will you make an impact in this role?

This role will develop credit loss models for estimating credit reserves for global portfolios, which feeds into AXP credit provision calculation and reporting. The role will play an important role in improving model accuracy, strengthening model governance, and quantifying reserves for emerging credit risks.  The role also partners closely with Risk Finance, Controllership, RPDS, Technology and MRMG teams, on all aspects of credit reserve modeling and analytics. 

Key Responsibilities:

This person is expected to work on CFR Global Decision Science and is responsible for:

• Development of modeling framework to meet the credit reserve standards set by the Financial Accounting and Standards Boards (FASB) and the International Accounting Standards Boards (IASB).

• Development and enhancement of loss forecasting models for credit and charge card portfolios.

• Perform quantitative analysis to evaluate multiple alternatives to generate insights and derive recommendations.

• Ongoing performance tracking of loss forecasting models and variance analysis of credit reserve levels.

Experience and Background:

• The successful candidate should possess strong analytical and problem-solving skills and a tremendous will to win.

• Fluency with data manipulation tools like Python, PySpark or SQL plus experience in data-driven decision making is strongly preferred.

• Previous model development experience is desirable.

• Ability to apply advanced statistical and/or other quantitative techniques to solve business problems.

• Excellent verbal, written, and interpersonal communication skills are a plus.

• Ability to work with cross-function teams to solve complex business problems.

• Advanced quantitative degree is preferred.

Salary Range: $89,250.00 to $150,250.00 annually + bonus + benefits

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%25 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

For a full list of Team Amex benefits, visit our Colleague Benefits Site.

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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*Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.