Home
/
Comprehensive
/
Director Business Risk
Director Business Risk-March 2024
Riverwoods
Mar 18, 2025
ABOUT DISCOVER
Make a difference working in a culture that thrives on customer-focused innovation.
10,000+ employees
Financial Services
VIEW COMPANY PROFILE >>
About Director Business Risk

  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:

  Position Overview:

  Responsible for identifying risk and driving strategies to manage it.

  Liaison to the enterprise-wide Internal Audit, Legal, Compliance, and Corporate Risk functions.

  Develops business-unit-specific approaches and ensures accurate and timely implementation across all risk management disciplines and all areas in the organization. Directs process design, controls work flow/systems, reporting, testing, remediation, and third-party management.

  Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization

  Responsibilities:

  Provides education and monitors employees on requirements of company policies and standards related to Regulatory Risk Management, Regulatory Program Management, Risk Reporting, Operational Risk Events, Root Cause Analysis, and Issues Management.

  Oversees development and implementation of programs, procedures and job aids to facilitate efficient completion of policy and standard requirements

  Develop and deliver regulatory risk and exam management reporting to Senior Leadership

  Oversees timely completion of remediation projects and ensures a detailed escalation plan is in place for risk issues and is leveraged when necessary.

  Maintains a highly engaged, development-focused team.

  Where applicable, develops and executes risk assessments. Provides education and risk guidance to business partners and ensures policies, standards, procedures, risks, and controls are implemented, monitored, and executed as required.

  Ensures changes in laws and regulation are properly embedded into the control environment.

  Ensures effective identification and implementation of controls to manage operational, financial, and compliance risks.

  Develops efficient processes to maintain an accurate library of risks and controls. Collaborates with internal stakeholders to provide post-launch oversight of initiatives and reports results to management.

  Oversees timely completion of control design reviews and compliance risk assessments.

  Monitors the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of controls.

  Oversees timely completion of complex projects in the areas of Exam Management and Regulatory Risk Management.

  Oversees development, implementation, and administration of control standardization and workflow solutions.

  Oversees development of continuous monitoring for department and business unit regulatory risk and exam management processes/programs.

  Minimum Qualifications:

  Bachelor's Degree in Business, Engineering, Arts, Sciences, or related field

  8+ years of experience in general business, or related field

  In lieu of a degree, 15+ years of experience in audit, compliance, risk management, regulatory, financial services, marketing, or financial services operations

  Preferred Qualifications

  Prior experience managing global regulatory compliance requirements and initiatives.

  Master's Degree in MBA, IT, Engineering

  Bachelor's Degree in Business, IT, Engineering

  Application Deadline:

  The application window for this position is anticipated to close on Jan-22-2024. 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 $150,500.00 to $228,900.00. 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) (https://urldefense.com/v3/__https:/www.eeoc.gov/poster__;!!MjXRb4uW6x5k!ABIVgRw0WsyX2wfQC-pKxK3V9X4h1NBUGgjO7EM8PTvp5MNRgpEuVC_jVk0fcn_ISAZjmwkbLuUIrj8mFedCBkyz$)

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Food Service Worker
Regions Hospital is seeking a candidate with a positive and cheerful attitude to join our team in Food & Nutrition! We are looking for honest, hardworking individuals who are driven to help other
Medical Assistant - UPMC Hamot Physician Network - Multiple Opportunities
Our Erie Physician Network of primary care outpatient practices is excited for your interest to join our team as a Medical Assistant! We have multiple positions available with our growing practices a
Crew Member
Crew Member (24002784) Description CULTIVATING A BETTER WORLD Food served fast doesn't have to be a typical fast food experience. Chipotle has always done things differently, both in and out of our r
Production Worker
Pan O Gold Baking Company (Country Heath Breads) is hiring for multiple positions in our Production department. Various shifts in the producing of fresh bread and bun products. Full-time position wit
Crew Member
Crew Member (24002671) Description CULTIVATING A BETTER WORLD Food served fast doesn't have to be a typical fast food experience. Chipotle has always done things differently, both in and out of our r
Pricing Analyst
DLA Piper is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, natio
Site Manager - West Wyalong
Key Accountabilities Execute routine operations of assigned area, ensuring direct reports are following policies and procedures related to employee, food and feed safety and environmental compliance.
Store Manager In Training
Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced
Senior Experience Designer
Company : Highmark Health Job Description : JOB SUMMARY This job is part of the Product and Health Experience team in the Experience Research + Design Practice and will develop concepts for experienc
Customer Service - Donor Support Technician
Job Description Job Description Summary Responsible for preparing the donor, donor area and equipment for the pheresis process. Job Description Main Responsibilities Prepares the autopheresis machine
Copyright 2023-2025 - www.zdrecruit.com All Rights Reserved