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Director & Counsel – Third Party Risk Management

American Express

This is a Full-time position in Sunrise, FL posted October 19, 2021.

Role & Responsibilities: 

  • Provide legal support and strategic advice related to third party risk management, including to the third party lifecycle management team, the bank vendor risk oversight team, and compliance and audit functions.
  • Advise on global third party risk management 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. 
  • Support legal issues that may arise in the company’s day-to-day participation in industry joint ventures, such as TruSight. 
  • 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. 

Qualifications: 

Minimum Qualifications: 

  • J.D.

    with eligibility to practice law in New York, Georgia, Florida, or Washington D.C. 

  • 6+ 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 

Preferred qualifications: 

  • 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 
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