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Principal Enterprise Risk Management, Risk Insights, Reporting, and Analytics

AT Discover
Discover

Principal Enterprise Risk Management, Risk Insights, Reporting, and Analytics

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 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 the ongoing activities related to design, development, implementation, and maintenance of the Company's Enterprise Risk Management (ERM) Policy and Framework, and related methodologies. Supports the New Initiatives and Change Management ERM program in analytical and reporting initiatives, automation and solving business problems using analytics. Develops reporting dashboards focused on program health and committee reporting. Provides tactical leadership in the development of monitoring and reporting practices for the organization. Engages collaboratively with business and risk partners to enhance their risk management practices, identify improvement opportunities, and provide effective challenge and execute on the ERM framework.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
  • Supports the enhancements to New Initiatives and Change Management program reporting areas, as well as broader risk management framework
  • Supports automation efforts to simplify and streamline processes.
  • Performs end-to-end analysis that includes data gathering, analysis, ongoing scaled deliverables supporting program health and presentations to committees
  • Collaborates with cross-functional partners, data and product owners to gather insights, understand risk reporting strategies and business needs to inform the development of ERM process enhancements and process simplification
  • Works with various technology and product teams to design and implement reporting capabilities enabling analysis, monitoring and reporting
  • Performs committee reporting in coordination with program team
  • Executes oversight routines across Enterprise to validate whether risk management routines are being followed, including effective challenge of the risks identified, controls developed, and governance routines established

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How You'll Do It

  • Supports the design, development, implementation, and maintenance of the ERM Policy and Framework Standards, as well as supporting components.
  • Executes oversight routines across enterprise to validate whether risk management routines are being followed, including effective challenge of the risks identified, controls developed, and governance routines established.
  • Works constructively and collaboratively with others to accomplish timely resolution of requirements, findings, limit breaches and leadership objectives, or support ad hoc ERM tasks for leadership, regulators, or other stakeholders.
  • Facilitates communication and builds effective working relationships with key business stakeholders and risk owners.
  • Assists senior management with ad-hoc ERM analysis, projects, presentations, and/or reporting.

Qualifications You'll Need

The Basics

  • Bachelor's Degree in Accounting, Business Administration or Management, Finance, Economics, Information Technology, Engineering, or related
  • 6+ years of Risk Management, Financial Services, Process Improvement, Economist or related field
  • In lieu of Education, 8+ years of experience in Risk Management, Financial Services, Process Improvement, Economist, or related field

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:

  • Primarily move about the work environment.
  • No required movement about the work environment to complete the major responsibilities of the job.
  • Primarily performed indoors in an office setting.
  • Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
  • Ability to communicate verbally.; Ability to communicate in written form.
  • Travel up to 10% of the time.

Bonus Points If You Have

  • Masters Degree in Accounting, Finance, Engineering, Analytics, Business Administration or Management Preferred
  • RIMS - Certified Risk Management Professional Certification preferred
  • Experience and knowledge in data manipulation and analysis, dashboard creation, Power Point visualizations, Excel/Tableau/Power-Bi tools
  • Capable of creating insightful analysis reports and data visualizations

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 Dec-25-2024. 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 $91,000.00 to $153,400.00. 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.

Client-provided location(s): Riverwoods, IL 60015, USA
Job ID: Discover-R42991
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • HSA
    • On-Site Gym
    • Pet Insurance
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • On-Site Cafeteria
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Internship Program
    • Leadership Training Program
    • Promote From Within
    • Mentor Program
    • Access to Online Courses