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:

Advises Finance business partners on understanding and mitigating the inherent risk throughout their business processes. Partners with the business to improve the control environment by developing new/revised controls and resolves open issues. Serves as a liaison between Finance business partners and Corporate Risk Management (CRM), Compliance, Legal, and other Business Risk Office groups. Executes various Preventative Risk Management activities and initiatives such as but not limited to risk and control assessments, operational risk events reporting, key risk indicator reporting, business continuity planning, records management, and new initiative process.

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

Responsibilities

• Manages the quarterly reserve for credit losses according to the CECL model under US GAAP.

• Performs walkthroughs and provide consultation on existing and new processes and where appropriate facilitate documentation thereof including the identification of business risks and controls. Ensures that controls are in place to mitigate legal, regulatory and other applicable business risk. Where control gaps exist, provide consultation on the design of controls and monitor until execution.

• Provides consultation on and monitor timely execution of essential risk processes and requirements including, but not limited to, Business Continuity Planning and testing and Records Retention.

• Provides accounting leadership independently or to a cross-functional team to support the advancement of a specific business initiative. Focuses on one specific project or concentrated area of the business.

• Manages workload and resource allocation against team objectives by providing clear direction to peers, business partners, and Senior Manager or Director. Provides ongoing documentation of business results via project tracking documents. Communicates effectively with multiple levels of Management, providing information that is concise and relevant to the level of management.

• Executes reporting including operational risk events, key risk indicators, and business reviews in accordance with Company policies and standards.

• Collaborates with business partners to ensure root cause analysis is performed and that appropriate corrective action plans are put in place to address issues stemming from the risk assessments, internal audits, regulatory findings, business unit test monitoring, operational risk incidents, and other applicable sources where gaps are identified.

Minimum Qualifications

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

• Bachelor's Degree in Accounting, Finance, Business, Mathematics, Information Technology, Statistics, or related

• 6+ years of experience in Accounting or Finance

• I Lieu of degree 15+ years of experience in Risk management, Internal Controls, Finance, or related

Preferred Qualifications

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

• Master's Degree in MBA or Accounting

• 8+ years of experience in Finance, Accounting, Business, Mathematics, Computer Science, Statistics, Risk Management, Internal Controls

#LI-EB1

Application Deadline:

The application window for this position is anticipated to close on Apr-14-2024. 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

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