Lead Operational Risk Management Oversight Specialist

Posted 17 Days Ago
Be an Early Applicant
Chicago, IL
Hybrid
76K-128K Annually
Junior
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
The Lead Operational Risk Management Oversight Specialist is responsible for enhancing risk and control environments by managing risk issues, developing requirements for operational risk management, and ensuring compliance with established frameworks. This role involves monitoring library changes and action plans while supporting business activities related to compliance and risk management.
Summary Generated by Built In

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 supporting the business with the development of and enhancements to their risk and control environment
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.


How You'll Do It

  • Executes upon established sustainable risk assessment framework ensuring first line execution aligns.
  • Supports the business with the development of and enhancements to their control environment.
  • Monitors and validates risk and control library changes. Develops and maintains library of enterprise wide risk and control statements.
  • Supports the business with developing requirements for the effective management of operational risk events.
  • Implements risk program activities to ensure the enterprise carries out activities according to requirements.
  • Monitors issues and action plans to ensure proper execution against relevant standards and policies.


Qualifications You'll Need
The Basics

  • Bachelors Degree in Information Technology, Finance, Business Administration and Management, Engineering or related
  • 2+ year experience in Compliance, Internal Audit, Business, Risk Management, Financial Services, Process Improvement or related
  • In Lieu of Education Experience, 6+ years experience in Risk Management, Financial Services, Process Improvement 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:

  • Primarily remain in a stationary position.
  • 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 25% of the time


Bonus Points If You Have

  • 4+ years experience in Compliance, Internal Audit, Business, Risk Management, Financial Services, Process Improvement or related
  • In Lieu of Education Experience, 8+ years experience in Risk Management, Financial Services, Process Improvement or related
  • PMP


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.
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Application Deadline:
The application window for this position is anticipated to close on Nov-30-2024. 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 $77,500.00 to $131,500.00. 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.

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The Company
HQ: Riverwoods, IL
18,000 Employees
Hybrid Workplace
Year Founded: 1986

What We Do

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. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

Why Work With Us

You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

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Typical time on-site: Flexible
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