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Principal Business Risk Strategy, Planning and Reporting

Company: Discover
Location: Deerfield
Posted on: November 19, 2022

Job Description:

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.Major Responsibilities:Work 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.Work actively with the business to conduct end to end reviews for critical processes, identify gaps as they relate to operational and regulatory risk, and define best possible scenarios for remediation.Proactively identify and drive improvement efforts to increase risk-control effectiveness. Monitor issue resolution to gaps identified and drive the business through the appropriate solutions.Assist BRIC and Business Unit Leadership in regulatory exam, internal audit and compliance review preparation and management.Serve as a thought leader in the area of operational risk and control and provide advisory services to the business area on key projects/ initiatives.Support projects and initiatives in conjunction with 'Control Owners' to drive control improvements across the operations unit.Keep business aware of issues and activities related to risk identification and control weaknesses and escalate to management as appropriate.Assist in the embedding of business continuity practices into the business strategy and operational activities of the business.Qualifications:Bachelors in Business6+ years of experience in a multiple business function, compliance department or other internal control function at a financial services company or relatedPreferred--Masters in BusinessIn lieu of Education experience:8+ years of experience in a multiple business function, compliance department or other internal control function at a financial services company or relatedWhat are you waiting for? Apply today!All Discover employees place our customers at the very the 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.The same way we treat our employees is how we treat all applicants with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.

Keywords: Discover, Arlington Heights , Principal Business Risk Strategy, Planning and Reporting, Other , Deerfield, Illinois

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