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 basi