Outsourcing Risk Manager, Amazon

• Ready to take your compliance career in a new direction? We are looking for a compliance leader who specializes in outsourcing risk management to join the Account Compliance Team
• We are looking for a candidate with demonstrated experience in financial services risk management, and specifically in the management of AML risk management
• Experience in compliance program management, legal, governance, audit, risk/loss prevention, or equivalent
• Experience handling confidential information

Desirable

• You will work directly with global teams across Amazon (Operations, Technology, Information Security, Program, Business Intelligence, etc.) that provide services to our regional Compliance regulated entities
• You will be responsible for conducting annual risk assessments, working with Legal and Tax teams to manage contracts between Amazon entities, and work with partner teams to establish robust KPIs, governance mechanisms and reporting to monitor services between Amazon entities
• This role is critical to enable Amazon to continue to grow and scale as a global company whilst meeting regional Compliance requirements
• You will be responsible for the First Line Risk Management for Amazon’s outsourcing work between internal Amazon entities and external vendors, working in direct partnership with our Second Line Risk department
• Ownership of annual risk assessments on services between different Amazon entities and external vendors. This includes the information collection with partner teams, drafting risk assessments, and driving final approvals from Risk, Compliance and Information Security stakeholders
• Coordinates with Legal, Transfer Pricing and Tax teams to draft new contractual arrangements and maintains existing contracts to ensure the scope of services, KPIs and terms are kept up to date with changing business needs
• Gains a deep understanding and documents the scope of Compliance / Payments services that are outsourced between Amazon entities. Works with the partner teams to identify risks, establish mitigation controls and delivery timelines, and KPIs to track and measure performance
• Creates documentation to act as an audit trail of Compliance site strategy (both physical site and virtual) and aligns Compliance teams to common operating frameworks
• Works with Business Intelligence Engineers and Analysts to build and automate reporting as well as creates escalation mechanisms for KPIs breaching contractual obligations
• Works with Business Expansion, Risk and Compliance teams to establish new intragroup outsourcing structures for new legal entities launches and well as new vendor on-boarding
• Identifies and executes new opportunities to improve operational efficiency via standardization and automation, working across Compliance, Operations, Risk and Analytics teams to prioritize and execute on same
• Promotes a culture of compliance, proactively engaging with on-site partner teams to drive higher quality inputs and reinforces compliance concepts