The Principal Finance Risk will be responsible for advising Finance business partners on understanding and mitigating the inherent risk throughout their business processes, as well as serving as a liaison between Finance business partners, Corporate Risk Management (CRM), Compliance, Legal, and other Business Risk Office groups. This position's key responsibilities include executing various preventative risk management activities and initiatives such as, but not limited to, risk and control assessments (RCSAs), Compliance Management System (CMS) improvements, change management, issues management, risk reporting, business continuity planning, records management, new initiative processes, and compliance risk assessment control mapping.

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

Responsibilities

• Performs walkthroughs and provides consultation on existing and new processes and, where appropriate, facilitates documentation thereof, including the identification of business risks and controls. Ensures that controls are in place to mitigate legal, regulatory, and other applicable business risk. Where control gaps exist, provides consultation on the design of controls and monitors them until execution.
• Collaborates with business partners to ensure issue management is appropriate, ensuring root-cause analysis is performed and that appropriate corrective action plans are put in place to address issues stemming from the risk assessments, internal audits, regulatory findings, business unit test monitoring, operational risk incidents, and other applicable sources where gaps are identified
• Acts as a subject matter expert on efficient processes to maintain an accurate library of risks and controls
• Coordinates CMS improvement initiatives for Finance business partners
• Helps determine regulatory applicability, and maps controls for enterprise-wide compliance risk assessments
• Provides consultation and monitors timely execution of Business Continuity Planning
• Facilitates and oversees timely completion of RCSAs

Minimum Qualifications

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

• Bachelor's Degree in Finance, Business Management
• 6+ years of experience in Risk Management, Internal Controls, Finance, Audit, Compliance or related
• In lieu of a degree, 8+ years of experience in Risk Management, Internal Controls, Finance, Audit, Compliance or related

Preferred Qualifications

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

• Certified Internal Auditor
• RIMS-Certified Risk Management Professional
• Certified Regulatory Compliance Manager
• Certification in Control Self Assessment

#LI-EB1

Application Deadline:
The application window for this position is anticipated to close on Oct-12-2024. 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 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.