Principal Risk and Control Self-Assessment Specialist

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:

Discover is seeking an energetic, detailed oriented, and analytical Risk and Control Self-Assessment (RCSA) Principle to join our Operational Risk Management (ORM) team. This role will report to the ORM Senior Manager and partner with key business stakeholders and other risk program owners. This exciting opportunity will assist in the execution of the RCSA program across Discover Financial Services (DFS) and be responsible for working with the 1st Line of Defense to identify risks and controls and provide effective challenge of RCSA results during annual risk assessments and process reviews. In addition, the candidate will be responsible for developing and managing the company-wide operational risk taxonomies among other RCSA framework elements.

The ideal candidate will thrive in a fast paced, evolving environment, and have functional knowledge of applicable best practices and regulatory expectations for Operational Risk. Familiarity with the financial services regulatory environment, risk and control identification / assessment, firmwide implementation of operational risk processes, and GRC systems of record is essential. Knowledge of consumer lending processes is plus.

Responsibilities

• Implement and oversee the RCSA program, including the annual attestation, effective challenge, process management, and reporting.

• Leverage company policy, standards, and procedures to ensure the RCSA program is executed in accordance with the ORM framework

• Develop and maintain ORM taxonomies, tools, and methodologies to support accurate assessment of risks and control environment.

• Serve as a SME for the 1st Line of Defense, supporting proper identification of operational risks and establishing adequate control environment.

• Assist in the development of training, communication, and awareness programs to drive effective RCSA program adoption and promote a strong culture of risk management.

Minimum Qualifications

At a minimum, here’s what we need from you:

• Bachelor's Degree in Business, Computer Science, Project Management or Engineering

• 5+ years of experience developing/management RCSA for Financial Institutions

• 5+ years of knowledge of banking products, processes, and regulations

• 5+ years of previous experience with GRC tools

• 5+ years of proficiency in Microsoft Office (Word, Excel, PowerPoint, Visio)

Preferred Qualifications

If we had our say, we’d also look for:

• 5+ years of experience mapping complex processes and identifying control points.

• 5+ years of experience with implementation or improvements of risk assessment processes and methodologies

• 5+ years knowledge of Consumer Lending products and processes.

• 5+ years knowledge of Tableau or similar visual analytics tools

• Certification in Control Self-Assessment

• Knowledge of ServiceNow GRC

• Ability to work under pressure and manage multiple assignments; Attention to detail and accuracy.

• Strong interpersonal, verbal, and written communication skills

• Ability to communicate effectively with team members and stakeholders within the organization.

• Strong collaboration and influencing skills.

• Identify opportunities for process improvement and proactively provides recommendations

• Ability to work independently and take the initiative to problem solve and get things done.

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

• Educati