Senior Principal Operational Risk Management

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:

At Discover, be part of a culture where diversity, teamwork, and collaboration reign. Join a company that is just as employee focused as it is on its customers, and which is consistently awarded for both. We’re all about people and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

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.

Responsible for performing second line of defense activities for the development, implementation, and execution of risk management frameworks. Creates and maintains standards. Provides training on Standards. Monitors adherence to Standards. Provides reporting to leadership on execution of risk management frameworks across the enterprise.

Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

Responsibilities:

• Leads the development, enhancement, and implementation of risk management frameworks.

• Creates and maintains standards. Monitors the adherence to risk

• Monitors adherence to Standards.

• Provides training on Standards.

• Provides reporting to leadership on execution of risk management frameworks across the enterprise.

Minimum Requirements:

• Bachelor's Degree in Finance, Business Administration or Management, Continuous Improvement, Education, English Studies or Relevant Degree

• 6+ years in Risk Management, Operational Risk, Process Management, Financial Services or related field

• In Lieu of Degree, 8+ years in Risk Management, Operational Risk, Process Management, Financial Services or related field

Preferred Qualifications:

• 8+ years in Risk Management, Operational Risk, Process Management, Financial Services or related field

• Master's Degree in Finance or Business Administration or Management

• Experience facilitating the operations of a Management or Board level Committee

• Experience performing Quality Assurance/Control of risk reports

• Experience communicating complex ideas and opportunities with senior leadership in a simple and concise manner

Application Deadline:

The application window for this position is anticipated to close on Sep-29-2024. 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 $103,000.00 to $174,200.00. 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 rac