Principal Business Risk Strategy, Planning and Reporting

Discover. A brighter future.

With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

Come build your future, while being the reason millions of people find a brighter financial future with Discover.

Job Description:

What You'll Do

• Responsible for the operational risk and compliance performance.
• Ensure corporate standards related to anti-money laundering policies, banking and lending regulations compliance, compliance with enterprise standards and practices are effectively implemented and followed.
• Assist with the preparation and follow-up activity associated with regulatory, internal audits and other third party on-site examinations. Works under minimal supervision.
• Assist the business in building and strengthening risk mitigation infrastructure and building associated controls.
• Support the business through change management and risk mitigation for new initiatives.
• Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management

How You'll Do It

• Work with the business to meet the needs of various corporate initiatives such as vendor management, operational risk events, risk related open issues, complaints and operational readiness reviews for projects.
• Work actively with the business to conduct end to end reviews for critical processes, identify gaps as they relate to operational and regulatory risk, and define best possible scenarios.
• Proactively identify and drive improvement efforts to increase risk-control effectiveness. Monitor issue resolution to gaps identified and drive the business through the appropriate solutions.
• Assist BRIC and Business Unit Leadership in regulatory exam, internal audit and compliance review preparation and management.
• Serve as a thought leader in the area of operational risk and control and provide advisory services to the business area on key projects/ initiatives.
• Support projects and initiatives in conjunction with 'Control Owners' to drive control improvements across the operations unit.
• Keep business aware of issues and activities related to risk identification and control weaknesses and escalate to management as appropriate. Years Experience 6+ years.
• Assist in the embedding of business continuity practices into the business strategy.

Qualifications You'll Need

The Basics

• Bachelor's degree in Business Administration and Management
• 6+ years of experience in a multiple business function, compliance department or other internal control function at a financial services company or related
• In lieu of degree, 8+ years of experience in a multiple business function, compliance department or other internal control function at a financial services company or related

Physical and Cognitive Requirements

• Does this job require remaining in a stationary position, including but not limited to, primarily sitting and standing? Primarily remain in a stationary position.
• Does this job require the ability to move about inside or outside the work environment to complete the major responsibilities of the job? No required movement about the work environment to complete the major responsibilities of the job.
• Does this job require the ability to transport physical objects? If so, provide the weight of the heaviest object the job needs to transport without the aid of machinery or equipment or the weight equivalency with the aid of machinery or equipment. No
• Primarily, where is this job performed? Primarily performed indoors in an office setting.
• Does this job require the ability to operate equipment or machinery? Select all that apply. No
• Does this job require the ability to communicate verbally or in written form? Select all that apply. Ability to communicate verbally.; Ability to communicate in written form.
• Does the job require travel? Travel up to 10% of the time.
• Does this role require testing or assessments to measure the ability to perform the job? No

Bonus Points If You Have

• 2+ years of experience in payments

Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.

#li-cs1 #remote

Application Deadline:
The application window for this position is anticipated to close on Oct-11-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.

Compensation:
The base pay for this position generally ranges between $88,500.00 to $149,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

Benefits:

We also offer a range of benefits and programs based on eligibility. These benefits include:

• Paid Parental Leave
• Paid Time Off
• 401(k) Plan
• Medical, Dental, Vision, & Health Savings Account
• STD, Life, LTD and AD&D
• Recognition Program
• Education Assistance
• Commuter Benefits
• Family Support Programs
• Employee Stock Purchase Plan

Learn more at mydiscoverbenefits.com.

What are you waiting for? Apply today!

All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)

Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [email protected]. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.