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.

Responsible for the ongoing development, maintenance, and implementation of the company's Enterprise Risk management framework for Risk Identification, Risk Appetite, and KRIs. Provides tactical leadership to coordinate and execute the process for the annual compilation and communication of risk appetite and associated KRIs with multiple areas within the organization, including Finance, Business Technology, Lines of Business, Legal, and Compliance as well as within Corporate Risk Management.  Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

Responsibilities

• Supports the DFS’s Risk Appetite Program, inclusive of Risk Appetite Framework, Risk Appetite Statement and Metrics, Policy and Procedures, risk measurement approach (risk metrics and limit calibration), and reporting.
• Assist with the maturation of the Key Risk Indicator (KRI) program to increase the efficiency and effectiveness of risk and business metrics.
• Facilitates communication and builds effective working relationships with key business stakeholders and risk owners.
• Coordinates the inclusion of economic capital and stress testing within the company’s risk appetite framework.
• Manages/Develops process documentation for the ERM Analytics and Reporting team to meet Audit/Regulatory requirements and facilitates requests from external constituents.
• Supports design, development, implementation, and maintenance of risk-related information systems for analysis, tracking, and reporting of enterprise-wide risk.
• Supports the development of, and effectively challenges, key internal and external key-risk indicators (aligned to Basel risk categories). Builds analytical tools/methodologies to support analysis of these risk metrics.
• Coordinates the annual process for the development, enhancements, and implementation of risk identification, risk appetite, and KRI frameworks, including integration with the planning and stress-testing processes.
• Assists senior management on ad hoc analysis and reporting.
• Supports regulatory benchmarking studies, gap assessments, and competitive analysis to further enhance Discover Enterprise Risk Appetite program.

Minimum Qualifications

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

• Bachelor's Degree in Finance, Accounting, Economics, Engineering, or related field
• 4+ years of experience in Risk Management, Financial Services, Process Improvement, Economist, or related field
• In lieu of a degree, 8+ years of experience in Risk Management, Financial Services, Process Improvement, Economist, or related field

Preferred Qualifications

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

• Master's Degree in Finance, Accounting, Economics, Engineering, or related field
• 6+ years of experience in Risk Management, Financial Services, Process Improvement, Economist, or related field

What are you waiting for? Apply today!

And by the way, while you’re waiting to hear from us, don’t forget to check out the great benefits Discover offers.

The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other characteristic protected by federal, state, or local law in consideration for a career at Discover.