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Discover Senior Business Risk Control Specialist in Riverwoods, Illinois

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:

Responsibilities relate to compliance and operational risk/control activities that may include risk assessments, control workflow/systems, first line testing, risk monitoring, third-party risk management, exam management, and risk reporting.

Responsibilities

  • Ensures effective identification and implementation of controls to manage operational, financial, and compliance risks. Controls workflow/systems: develops and implements job aids, tools, and processes to facilitate efficient execution of policies and procedures and risk and control identification. Control Testing: responsible for executing control testing to ensure that controls are appropriately designed and works to identify control or procedural gaps. Mitigates Third Party Risk: implements third-party management risk activities and initiatives to support the business unit. Ensures all business unit third parties undergo appropriate due diligence and monitoring and have appropriate contract provisions.

  • Manages and analyzes key risk metrics within the organization. Identifies negative trends and supports business partners in root-cause analysis and action planning.

  • Acts as a key liaison for assigned teams when undergoing regulatory exams, internal compliance reviews, and internal audits. Manages requests for information or documentation, and keeps management apprised of exam status and leading action-planning activities for any findings that may arise. Analyzes data, provides insights on trends, makes recommendations, and tracks remediation efforts.

Minimum Qualifications

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

  • Bachelor's Degree in Business, Marketing, or related field

  • 2+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field

  • In lieu of a degree, 6+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field

Preferred Qualifications

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

  • 4+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field

#li-cs1

Application Deadline:

The application window for this position is anticipated to close on Apr-08-2024. 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 $65,000.00 to $109,800.00. 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) (https://www.dol.gov/agencies/ofccp/posters)

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.

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