For Recruiters

Director & Counsel

American Express Singapore
Singapore
Posted 4 days ago Hybrid Permanent Competitive

Overview

American Express Company (NYSE: AXP), a Fortune 100 company, is a global payments, network and travel company founded in 1850 and headquartered in New York. We provide customers with access to products, insights and experiences that enrich lives and build business success. The Company’s principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world. With a global workforce of more than 50,000 people, American Express is recognized the world over as a great place to work, including ranking 9th in each of “50 Best Workplaces for Parents” and “100 Best Companies to Work For” by Fortune 2020, as well as featuring in the “100 Best Companies” by Working Mother 2019 among numerous others.  For additional information, visit www.americanexpress.com.

The Role

This role is a new full-time position of lead lawyer for Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) issues relevant to American Express’ Asia-Pacific (APAC) operations. 

We are looking for an experienced practitioner, who will ideally already be a seasoned adviser in this area of law or otherwise be specialised in financial services regulation and have the aptitude to come up to speed quickly.   

We are looking for someone qualified to practice law in Singapore, Taiwan, Japan, Malaysia, Thailand, India or Australia, and able to speak the language.  You may be office-based or a virtual worker or a combination.   If required, you will need to be able to attend an American Express office within the country where you are employed.   Some occasional business travel could be necessary. 

Primary Responsibilities  

  • The role involves leading or coordinating the legal advice on AML and CTF issues, including financial sanctions and anti-corruption legislation, applicable to all lines of business within American Express in the APAC region.  You will need to provide legal advice in respect of the jurisdiction where you hold your qualification, and may also need to facilitate the provision of advice by other lawyers within the region, or outside counsel, to ensure consistency of approach to common issues.  Key business areas relevant to this role include card issuing, merchant acquiring, 3-party card schemes and outsourcing.
  • You will need to work closely with other GCO lawyers, business personnel, Compliance, Operational Risk, Government Affairs, external bodies and regulators.
  • The role will involve interpreting new and existing regulation and guidance, applying the requirements to new products or market entries, working with other stakeholders to determine compliance strategies and internal policies, helping to manage responses to potential breaches, responding to consultations and supporting lobbying efforts, advising on interactions with regulators including the successful management of regulatory exams or requests, and regulatory horizon scanning.  
  • Matters may frequently be multi-jurisdictional and sometimes multi-regional in nature, requiring a strong grasp of the principles underpinning the legal framework and commercial pragmatism to find a compliant yet business-friendly solution for the country/ies or region.  
  • You will need to be confident speaking up in meetings and giving briefings to senior stakeholders and able to communicate clearly in writing, including in English. 
  • You will need to be comfortable navigating the organisation to understand and advise on our processes.  This could involve working closely with our Compliance and Operational Excellence teams to critically assess and identify potential areas for enhancement of our AML program.
  • You’ll need to demonstrate sound judgment and a good understanding of the regulators’ likely perspectives, notably where the law may be grey and interpretations unclear.
  • From time to time you will also need to instruct outside counsel (i.e. external law firms) and manage associated budgets. 
  • You will report directly to the lead financial services regulatory lawyer leading the International AML Centre of Excellence (CofE), whilst working closely with the individual country lawyers, other regional subject-matter experts, and regional head.   
  • You will take a lead role in helping to develop the International AML CofE at American Express, formed of lawyers and Compliance specialists throughout the organisation committed to internal sharing of knowledge and expertise on AML and CTF.   This may involve giving internal training or helping to define and share best practices in this area of law.

Minimum Qualifications:

Desired Experience and Attributes

  • Preference for someone qualified to practice law in Singapore, Taiwan, Japan, Malaysia, Thaialand, India or Australia, and able to speak the relevant language.  
  • Significant experience (preferably 8 or more years) in a law firm, in-house corporate legal environment or regulator, ideally with a considerable body of relevant AML experience.
  • Experience advising on AML, CTF and financial crime regulation.  Familiarity with payments regulation landscape would be an advantage. 
  • Fluent in English. 
  • Intellectually strong with sound judgment.
  • Solid communication and influencing skills, comfortable speaking up.
  • Able to work fairly autonomously and collaborate effectively

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

American Express has been awarded Aon Hewitt Best Employer Singapore six times. Join us and you’ll soon see why. 

As an employee, you can expect challenging work, with purpose. Be more than just your job. Be the voice of inspiration and transform the way the world does business for a living. By joining American Express, you are choosing to become a part of the dynamic team that is recognized as Singapore's "Best Employer 2018". 

Why American Express? 
There’s a difference between having a job and making a difference. 

American Express has been making a difference in people’s lives for over 160 years, backing them in moments big and small, granting access, tools, and resources to take on their biggest challenges and reap the greatest rewards. 

We’ve also made a difference in the lives of our people, providing a culture of learning and collaboration, and helping them with what they need to succeed and thrive. We have their backs as they grow their skills, conquer new challenges, or even take time to spend with their family or community. And when they’re ready to take on a new career path, we’re right there with them, giving them the guidance and momentum into the best future they envision. 

Because we believe that the best way to back our customers is to back our people. 

The powerful backing of American Express. 
Don’t make a difference without it. 
Don’t live life without it.

ABOUT COMPANY
Singapore
407 Employees Credit

At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether we’re supporting our customers’ financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly redefining what’s possible— and we’re proud to back each other every step of the way.

When you join #TeamAmex, you become part of a diverse community of over 60,000 colleagues, all with a common goal to deliver an exceptional customer experience every day. Here, you’ll learn and grow as we champion your meaningful career journey, with programs and benefits to back you at each stage of your career and life. Together, we’ll win as a team, striving to uphold our powerful backing promise to our customers and each other every day. And, we’ll do it in an environment where everyone is seen, heard and feels like they truly belong.

Join #TeamAmex and let’s lead the way together.