Principal Business Risk Analysis and Strategy, Risk Reporting

Posted:
9/11/2024, 7:50:42 AM

Location(s):
Illinois, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy

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:

At Discover, be part of a culture where diversity, teamwork, and collaboration reign. Join a company that is just as employee focused as it is on its customers, and which is consistently awarded for both. We’re all about people and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

 

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.

Responsible for the design, execution, effectiveness, and ongoing management of Business Risk governance and reporting processes. Work closely with a variety of business partners to ensure high-quality execution of Business Risk committee processes, materials, and overall operations. Work to ensure materials provided to committee is high-quality, high-value, provides appropriate levels of transparency to committee members, and accurately describes the state of the enterprise business risk environment. Develop and maintain process documentation, procedures, controls, and training materials for process participants.

This role requires strong collaboration and organizational skills to coordinate the efforts of many partners and ensure timely delivery. Requires extensive forensic business analysis skills to derive key insights and excellent written and verbal communication skills with an aptitude for executive communication.


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

Major Responsibilities:

  • Provide centralized support of committee processes and content production, including coordination with all stakeholders and key contacts, business analysis and quality assurance of all content.

  • Develop, execute, and continuously improve audit-ready processes with robust documentation and appropriate evidence retention.

  • Collaborate with key enterprise business partners to identify high-value reporting opportunities that meet or exceed regulatory expectations.

  • Develop and implement preventative controls over committee reporting processes, ensuring quality, accuracy, and transparency of data and processes.

Minimum Qualifications:

  • Bachelor's Degree in Business Administration or Management, Analytics, Mathematics, Engineering, Information Technology, Statistics or related field.

  • 6+ years in Consumer Financial Services/Banking, Risk/Compliance Management, Business Analysis, Project Management, Agile, Lean/Six Sigma, Quantitative, Computer Science, Management Science or related field.

Preferred Qualifications:

  • Masters Degree in Business Administration or Management or Analytics

  • Experience facilitating the operations of a Management or Board level Committee

  • Experience performing Quality Assurance/Control of risk reports

  • Experience communicating complex ideas and opportunities with senior leadership in a simple and concise manner

Application Deadline:

The application window for this position is anticipated to close on Sep-16-2024. 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.