Senior Principal Risk 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 Youll Do

Responsible for overseeing the development and execution of accurate, sustainable and timely risk reporting and governance. Enhance and manage risk appetite, key risk indicators, key performance indicators, and develop a standard repeatable reporting strategy to monitor, report, and escalate risk performance. Enhances and manages risk and governance programs. Ensures the accuracy and reliability of data and information within the risk reporting framework.
Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

How Youll Do It

• Leads, enhances and manages the compilation of reporting and communications for risk and governance programs. Deliver the reports to leadership and Committee/Board reporting.
• Oversee the development and maintenance of risk appetite, key performance and risk indicators and standard reports to assist with managing risk. Partners with the business to develop action plans to remediate issues.
• Manages risk governance programs and projects and leads risk reporting strategies.
• Ensures adherence to Corporate Risk reporting requirements. Provides information to enable first lines of defense to proactively monitor and assess current and emerging risks, performance, and develop escalation guidelines.
• Assess risk at an aggregated level across the Financial Risk Management (FRM) organization. Manage the compilation and standardization of risk reports to support business initiatives.
• Enhance current reports and the communication of risk and governance programs. Maintain a recurring and efficient reporting and review process and updates to leadership and Committee/Board.
• Manage multiple reporting schedules, risk governance and projects across FRM team (including but not limited to Liquidity risk, Market risk, Capital and Counterparty risk, Model risk and Credit Reviews) across relevant Committees and Boards.
• Collaborate with stakeholders/teams within and outside FRM to execute reporting mandates and objectives while ensuring timeliness, accuracy, and relevance.
• Participate in the development and maintenance of risk appetite, key performance and risk indicators and provide structured reports specific to FRM risk profile to assist with managing emerging risk.
• Ensures adherence to Corporate Risk reporting requirements. Provides information to enable first lines of defense to proactively monitor and assess current and emerging risks, performance, and develop escalation guidelines.
• Assist in overall risk program and project management within the team including operations, governance, and reporting.
• Create reports and present risk status updates to senior leadership, executive management, risk committees and for regulatory and internal audit exams.
• Work under minimal supervision and facilitate resolutions/escalations of issues in a timely manner.

Qualifications Youll Need
The Basics
 

• Bachelor’s degree in business administration and management, Finance, Law, Information technology or Analytics
• 8+ years Data Analytics, Business, Finance, Modeling, Statistics, Reporting or related including people management
• In Lieu of degree 12+ years Data Analytics, Business, Finance, Modeling, Statistics, Reporting or related including people management

Physical and Cognitive Requirements

The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

• Primarily remain in a stationary position.
• No required movement about the work environment to complete the major responsibilities of the job.
• Primarily performed indoors in an office setting.
• Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.

Bonus Points If You Have

• Master’s degree in info