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:

What You’ll Do

Responsible for planning, coordinating, and conducting Third Party Risk Testing reviews, over vendor processes, that encompass multiple risk disciplines and engage internal and external business partners. Identifies potential risk areas, issues, or gaps and partners with leadership and business partners in the development of corrective action plans for sustained risk mitigation. Acts as risk contact and SME on the team for various topics, including but not limited to regulatory risks, operational risks, and control design. This includes advising, assessing, and effectively challenging all operational risks and mitigants for the specific business and their impact on both risk appetite and the goals and objectives of the business. The role will also be expected to engage with, business partners at all levels in the organization, escalate risks when necessary, and effectively engage with regulators. This role may participate on cross-team Non-Financial Risk department special projects and ad hoc analysis/reporting to senior management on operational risks.                                                                  
 

How You’ll Do It

• Executes Third Party risk testing. Plans, directs, and coordinates Third Party Testing reviews pursuant to departmental guidelines and within established timelines with high quality results. Identifies potential risk areas, issues, or gaps for discussion with leadership and business partners. Oversees communication on review statuses, follow -up actions, and identified findings to management and business partners.
• Partners with leadership and business partners in the development of corrective action plans for sustained risk mitigation. Facilitates monitoring of action plan trajectory and completion.
• Develops and creates accurate and timely reporting of all reviews for leadership and business partners to ensure transparency around completed monitoring and testing plans and drive action over developed corrective action plans.
• Provides oversight, direction, and feedback as it relates to risk management and efforts to strengthen of overall Third Party Risk Management, to leadership and business partners.                                                                                                                                     

Qualifications You’ll Need
The Basics

• Bachelor’s Degree in Business Administration and Management
• 6+ years of experience in Law, Risk or Operations                                    
• 3+ years of experience in first- or second-line risk, control, or compliance role in a highly regulated financial institution subject to Heightened Standards
• In Lieu of Education 10+ years of experience in Risk management experience in a highly regulated financial/depository environment with specific focus on operational risk management, internal audit, or related                                                                     

​Physical and Cognitive Requirements

The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

• Does this job require remaining in a stationary position, including but not limited to, primarily sitting and standing? Primary remains in a stationary position.
• Does this job require the ability to move about inside or outside the work environment to complete the major responsibilities of the job? No required movement about the work environment to complete the major responsibilities of the job.
• Does this job require the ability to transport physical objects? If so, provide the weight of the heaviest object the job needs to transport without the aid of machinery or equipment or the weight equivalency with the aid of machinery or equipment. No
• Primarily, where is this job performed? Primarily performed indoors in an office setting.
• Does this job require the ability to operate equipment or machinery? Select all that apply. Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.  
•  Does this job require the ability to communicate verbally or in written form? Select all that apply. Ability to communicate verbally.; Ability to communicate in written form.
• Does the job require travel? No

Bonus Points If You Have

• 8+ years of experience in Risk management experience in a financial environment with specific focus on operational risk management or internal audit or related                                       

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.

Application Deadline:

The application window for this position is anticipated to close on Oct-19-2024. 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.