American Express Risk Management reviews

4.3

86% would recommend to a friend

(81 total reviews)
avatar

Stephen J Squeri

89% approve of CEO

98% positive business outlook

Risk Management employees have rated American Express with 4.3 out of 5 stars, based on 81 company reviews on Glassdoor. This indicates that most Risk Management professionals have an excellent working experience there. American Express is rated in line with the average (within 1 standard deviation) by Risk Management professionals compared to other employers within the Finanzen industry (3.7 stars).

Reviews by job title

81 reviews
1.0
Jun 8, 2010
Recommend
CEO approval
Business Outlook

Pros

Other business units and groups seem to be great places to work

Cons

In this particular group, teamwork and work ethic at the manager level is fantastic (manager at American Express is entry level with a post graduate degree). I've met some incredibly intelligent, hard working, and positive people who are managers. However, move up one level to the Director leadership and quality of integrity deteriorates. Go up another level to VP and integrity seems to be the exception rather than the norm. Senior leaders have zero people management skills - despite the fact that most managers are working 80 hours/week, the Directors and VPs constantly berate the team for not working hard enough (while they leave at 5PM on the dot). Additionally, we spend the majority of our time fixing system and data issues which have existed for years (and is not actually part of our jobs) - meaning the people that are currently VPs are the ones that made the mistakes and are not taking any accountability for it. All they do is blame us, even though we didn't create the problems and we're working twice the amount of hours they are to fix it. I could go on and on but the bottom line is that as the economy improves, the managers doing the work will leave for better opportunities and all you'll have left is a bunch of "leaders" who have no understanding of the day to day activities that allow this company to function. Additionally, a lot of great ideas were brought up at the Senior Management summit a couple weeks ago - in particular Ken Chenault's urge for employees to have a digital mindset; this is the kind of thinking Amex needs to stay ahead. However, nothing is happening regarding this in my group - when I asked my VP why I was told that "it wasn't a priority." How can it not be when the CEO said it was?!

4.0
Apr 11, 2010
Recommend
CEO approval
Business Outlook

Pros

work life balance is good. good medical benefits. less stressful job. less work pressure. good competetion. chance to grow. good career growth

Cons

no fair promotions, different salaries at the same level. wide variation in salaries at same band. unfair promotions. unfair salaries

1.0
Sep 28, 2008
Recommend
CEO approval
Business Outlook

Pros

Work Life Balance. 4 weeks vacation + 4 flex days in the summer. Work here if your spouse is independently wealthy and you don't need the money.

Cons

Pay is terrible. Never had the money to take a vacation and enjoy the time off. Top down management was very stifling. Any new ideas were blown off. No transparency for promotions and boss didn't care to think about my long term career at Amex. No visibility to high impact projects. Didn't feel appreciated or recognized by leadership. Didn't take advantage of my skills either. They didn't know how to promote good people either. Anytime I suggested to get some skills I thought could help me in my job, I got shot down. Any interaction outside of my team was viewed with suspicion and discouraged.

Viewing 76 - 78 of 81 Reviews

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