SR Manager- Credit Portfolio Management

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.

Job Responsibilities

Senior Managers in CRU are responsible for rating and underwriting credit exposures in their assigned region, industry, and business line. Fundamental analysis incorporates a thorough review of business, financial, industry and country risk coupled with support from internal and external rating model outputs. Assessment includes understanding of the need for credit extension, profitability of the relationship and program structures. CRU managers interact with various constituents across the firm including front office sales, business unit risk partners, and credit administration to perform their critical role. This role will also have direct reporting for analysts in the region assigned.

Desired Skills

· Expertise as a credit and underwriting decision maker dealing with commercial exposures ranging from small business or middle-market to large, multinational institutions

· Thorough understanding of fundamental financial analysis including the ability to review corporate financial statements to determine the ability of the obligor to honor its credit obligations

· Comfort with GAAP/IFRS accounting standards, corporate valuation, and forecasting

· Knowledge of how probability of default and loss given default determine economic capital

· Experience in determining appropriate credit capacity, structuring of facilities, and risk mitigation techniques

· Comfort with public agency ratings and supporting analysis

· Understanding of current macroeconomic trends and how to provide recommendations to improve the PD estimation based on the business cycle

· Experience preparing company-specific and industry-wide credit memorandums

· Excellent judgment in making sound rating and underwriting decisions to maximize profitability and mitigate risk

· Familiarity with banking regulations, particularly those imposed by Basel Committee on Banking Supervision

· Familiarity with Bank Based Underwriting

· Familiarity with global markets

· Bilingual in Spanish and English language

· Specific industry expertise in travel (airlines, cruise lines, hospitality), financial institutions, or public finance

Minimum Qualifications

· 5-7 years' experience rating and / or underwriting at a leading financial institution or rating agency

· Bachelor's degree from a top tier university with high GPA and a degree (or substantial coursework) in finance, accounting, economics, or statistics

· Graduate degree with a finance or business emphasis, or Chartered Financial Analyst (CFA) designation, is a plus

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
• 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.