Principal New Initiatives Oversight Program Management

Posted:
8/15/2024, 5:00:00 PM

Location(s):
Illinois, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Product

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.

Oversees program governance for New Initiatives, including committee operations, maintaining documents, systems, and annual training plans, and ensuring New Initiatives are managed according to program requirements. Responsible for monitoring and enhancing key risk indicators for execution risks, program effectiveness, and program non-compliance. Enhances and improves existing monitoring to increase the coverage and dive deeper into New Initiative risk indicators. Oversees tracking of New Initiatives through the program life-cycle, effectively challenge risk assessments and mitigation plans, and oversee validation of completed mitigation activities and follow up items. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

Responsibilities:

  • Manages program governance, including maintaining guidance, templates, and providing annual training across the three lines of defense to ensure a consistent and scalable process.
  •  Oversees New Initiatives Committee Operations and coordination with Risk Committee, DFS Board, and DFS Bank Board Operations teams to ensure New Initiatives are appropriately escalated and approved through the risk committee structure as required by the New Initiatives Policy.
  • Oversees administration and enhancements to New Initiatives systems (Archer, SharePoint), partners with the Corporate Risk GRC team to ensure systems are developed according to company and department standards.
  •  Monitors and enhances New Initiatives Key Risk Indicators for monitoring execution risks, program effectiveness, and program non-compliance.
  • Oversees tracking of New Initiatives through the program lifecycle and ensuring timely and accurate capture of information used for Board, Risk Committee, New Initiative Committee, and management reporting and decision making.
  • Effectively challenges risk assessments and mitigation plans and oversee validation of completed mitigation activities and follow up items.
  •  Works collaboratively with lines of business, subject matter experts, coverage attorneys, and business risk teams to drive on-going program enhancements and best practices.

Minimum Qualifications

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

  • Bachelor's Degree in Information Technology, Finance, Business Administration and Management or Engineering.
  • 6+ years of experience in Risk Management, Financial Services, Process Improvement or related.
  • In lieu of a degree, 8+ in Risk Management, Financial Services, Process Improvement or related.

Preferred Qualifications

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

  • Project Management Certification
  • CRISC, CISA, CISM, CISSP, or similar

Application Deadline:

The application window for this position is anticipated to close on Aug-21-2024. 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 [email protected]. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.