Principal Business Risk Generalist Riverwoods, IL

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 worlds 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.

This role will support evaluating, mitigating and reporting supporting several risk types impacting the Payment Services business including Operational risks, Business Continuity risks and Third Party Vendor Management risks.  Specifically, this role supports the company-wide Operational Risk Scenario Analysis approach used to estimate the impact of low-frequency and high-severity operational loss events that have not occurred for the Company’s annual Capital Plan.  This is a highly visible role with exposure to Payment Services leadership and assists teams with fulfilling program obligations.  Additionally, this role supports completion of the annual Business Continuity plan for Payment Services providing guidance to business partners supporting completion of program requirements.  Further, this role supports Payment Services Third Party Vendor Management risk activities supporting program requirements and providing expert guidance.  Finally, the role includes participation with various DFS Enterprise-wide strategy initiatives such as the Resolution Plan and Economic Cycle Readiness reviews.

Provides risk management leadership related to key Business Risk Management and Payment Services initiatives. Perform key responsibilities such as developing project plans, project management, risk analysis and monitoring, prioritization, internal and external reporting, and management updates. Work cross functionally with business partners to execute key risk management initiatives.

Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

• Create and manage both high level and detailed project plans. Assess risks to plans and develop strategies to mitigate risk. Execute and track projects and manage initiatives to achieve overall goals and objectives.
• Lead risk management discussions and effective collaboration with business line management, subject matter experts, and external parties.
• Develop reporting and dashboards to inform various constituencies on the status of assigned projects.
• Advises and coaches team members. Provide quality control review of information provided by team members.

Minimum Qualifications 

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

• Bachelor’s degree in Finance, Accounting, Business, Law or related field.

• 6+ years of experience in project Management, Financial Analyst, Credit Analyst, Accountant, Law, Risk or Related
• In lieu of a degree, 10+ years of experience in project Management, Financial Analyst, Credit Analyst, Accountant, Law, Risk or Related

Preferred Qualifications 

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

• Masters Degree in in Finance, Accounting, Business, Law or related field.

## Remote

Application Deadline:

The application window for this position is anticipated to close on Sep-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 $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.