Principal Business Risk Strategy, Planning and 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: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 the operational risk and compliance performance. The role ensures corporate standards related to anti-money laundering policies, banking and lending regulations compliance, compliance with enterprise standards and practices are effectively implemented and followed. Additionally, the position assists with the preparation and follow-up activity associated with regulatory, internal audits, and other third-party, on-site examinations. Works under minimal supervision. This position also assists the business in building and strengthening risk mitigation infrastructure and building associated controls. Also, supports the business through change management and risk mitigation for new initiatives. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.Responsibilities• Works with the business to meet the needs of various corporate initiatives such as vendor management, operational risk events, risk-related open issues, complaints, and operational readiness reviews for projects.• Works actively with the business to conduct end-to-end reviews for critical processes, identifies gaps as they relate to operational and regulatory risk, and defines best possible scenarios for remediation.• Proactively identifies and drives improvement efforts to increase risk-control effectiveness. Monitors issue resolution to gaps identified and drives the business through the appropriate solutions.• Assists BRIC and Business Unit Leadership in regulatory exam, internal audit, and compliance review preparation and management.• Serves as a thought leader in the area of operational risk and control and provides advisory services to the business area on key projects/initiatives.• Supports projects and initiatives in conjunction with 'Control Owners' to drive control improvements across the operations unit.• Keeps business aware of issues and activities related to risk identification and controls weaknesses and escalates to management as appropriate.• Assists in the embedding of business continuity practices into the business strategy and operational activities of the business.Minimum QualificationsAt a minimum, here's what we need from you:• Bachelor's Degree Business, or related field• 6+ years of experience in a multiple business function, compliance department, or other internal control function at a financial services company, or related field• In lieu of a degree, 8+ years of experience in a multiple business function, compliance department, or other internal control function at a financial services company, or related fieldPreferred QualificationsIf we had our say, we'd also look for:• Master's Degree Business, or related field#li-cs1 #remoteApplication Deadline:The application window for this position is anticipated to close on Aug-20-2024. 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 PlanLearn 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.