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:
Responsible for ensuring that appropriate risks are monitored by the 1st Line of Defense and driving strategies to address gaps. Responsible for developing the annual monitoring plan for 1st Line Monitoring, completing risk assessments, ensuring issues are appropriately tiered and remediated. Research emerging regulatory risks and reports recommendations and observations to senior management. Oriented toward preventing consumer harm, detecting consumer harm, and ensuring compliance and non-financial issues are properly remediated. Actively manages and escalates risk and issues within the day-to-day role to management.
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JOB RESPONSBILITIES
- Works with process owners and General Managers on requirements of relevant regulations, company policies and standards related to risks and controls. Ensures effective identification and implementation of remediation efforts to manage risks and control standards are in place and are appropriate. Monitors the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of monitoring activities. Conducts regular risk assessments on Card and Bank products to ensure the appropriate risks are identified for monitoring.
- Works with process owners and General Managers on the requirements of company policies and standards related to Risk Reporting and Issues Management. Manages timely, accurate creation and distribution of issues, and monthly risk reports; discusses results and trends with DFS leaders.
- Oversees the timely completion of consumer remediation projects. Ensures a detailed escalation plan is in place for risk issues and leveraged when necessary.
- Completes complex projects on processes to ensure all relevant Compliance and non-financial risk are appropriately identified, monitored and provide relevant reporting on progress.
- Develops metrics, standard work and SLA's for the business units supported to ensure timely completion of projects.
QUALIFICATIONS
Minimum Qualifications
At a minimum, here's what we need from you:
- Bachelor's degree in Finance, Accounting, or Business Administration and Management
- 8+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Risk Management Operations areas, or related field
- In lieu of a degree, 10+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Management Operations areas, or related field
PREFERRED QUALIFICATIONS:
If we had our say, we'd also look for:
- 10+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field
- Certification in RIMS- Certified Risk Management Professional, Regulatory Compliance Manager, Internal Auditor, Public Accountant (CPA)
Application Deadline:
The application window for this position is anticipated to close on Apr-17-2024. 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
- 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 race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email HireAccommodation@discover.com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.