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Principal Business Risk Strategy, Planning and Reporting
Principal Business Risk Strategy, Planning and Reporting-March 2024
Riverwoods
Mar 21, 2025
ABOUT DISCOVER
Make a difference working in a culture that thrives on customer-focused innovation.
10,000+ employees
Financial Services
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About 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:

  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 Qualifications

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

  Bachelor's Degree Business, or related field6+ years of experience in a multiple business function, compliance department, or other internal control function at a financial services company, or related fieldIn 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 field

  Preferred Qualifications

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

  Master's Degree Business, or related field

  #li-cs1

  Application Deadline:

  The application window for this position is anticipated to close on Dec-05-2023. 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 LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee 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)

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