Work as a part of the Business Risk and Internal Controls (BRIC) group to help ensure that operational risks in the business are well defined, managed proactively and issues are dealt with in a timely manner. Responsible for managing risk and control assessment processes, implementing risk management policies and standards within in the business, acting as audit and compliance review liaison and provide management and effective challenge of issue remediation activities. This senior manager role has up to 4 direct reports responsible for executing BRIC objectives.Support a strong risk and control environment by playing an advisory role in the business. This role works very closely with the business as well as Legal and Compliance to assess risks and build internal controls, capture and track issues as they arise, work to establish corrective action plans and report on them to the operating committee of the business. Also, work with functional areas to co-ordinate audits, and provide guidance on process documentation. Help ensure compliance with all relevant laws and regulations. This requires strong partnership with colleagues in Internal Audit and Compliance on business/ function specific items and executing second line programs. Further this role provides leadership on audits, compliance reviews, and exams. Facilitate the implementation of corporate risk management policies and standards with business partners to ensure compliance on an ongoing basis. This involves working with the centralized corporate risk management functions and the business to understand the overall policy/standard, assess the needs of the business and adapt/make changes to ensure effectiveness for the business. Risk management policies and standards are used to manage the overall internal control framework for the company and adherence is reviewed by internal and external auditors.Manage all compliance and business audits (external and internal). This requires coordination with the business areas, review of documents, identifying self-reported control gaps, liaising with the auditors and managing any follow-ups. Assess issues being raised and compare to control environment and provide feedback on results as appropriate. Assist the business in designing effective and timely remediation plans.Assist the business in the design of effective and robust remediation plans to respond to audits, compliance reviews, operational risk incidents, etc. Effective challenge plans to ensure that control gaps are effectively closed in a timely manner. Monitor the status of open remediation plans to support on-time closure; reporting status regularly to senior management on remediation plan effectiveness and timeliness. Provide reporting to risk committees on remediation efforts as needed.
Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes
Bachelors degree or equivalent work experience.8+ years of banking or risk management experience.Previous work experience within the financial services industry, internal or external audit, operational risk management, and/or significant experience in managing quality control groups.Strong personnel management experience.Highly effective verbal and written communication skills across all management levels.Strong leadership skills evidenced by ability to influence through collaboration and negotiation.High-performance and high-quality approach to deliverables and support provided to colleagues.Strong project management skills with a bias toward action and execution.Lean, Six Sigma and/or demonstrated process improvement expertise a plus.
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A little about us:
Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service.