Principal Risk and Control Self-Assessment Specialist

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

• Discover is seeking an energetic, detailed oriented, and analytical Risk and Control Self-Assessment (RCSA) Senior Analyst to join our GRC (Governance, Risk, and Compliance) Operational Excellence team. This role will report to the Senior Manager and partner with key business stakeholders and other risk program owners. This exciting opportunity will assist in the execution of the RCSA program across Discover Financial Services (DFS) and be responsible for working with the GRC system supporting documentation and training. In addition, the candidate will be responsible for supporting the quality assurance activities within the GRC system to ensure RCSA records meet enterprise standards of completeness and accuracy.
• The ideal candidate will thrive in a fast paced, evolving environment, and have functional knowledge of applicable best practices and regulatory expectations for Operational Risk. Familiarity with the financial services regulatory environment, risk and control identification / assessment, firmwide implementation of operational risk processes, and GRC systems of records is essential. Knowledge of consumer lending processes is plus.
• Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

How You'll Do It

• Implement and oversee the RCSA program, including the annual attestation, effective challenge, process management, and reporting. Leverage company policy, standards, and procedures to ensure the RCSA program is executed in accordance with the ORM framework.
• Develop and maintain ORM taxonomies, tools, and methodologies to support accurate assessment of risks and control environment.
• Serve as a SME for the 1st Line of Defense, supporting proper identification of operational risks and establishing adequate control environment.
• Assist in the development of training, communication, and awareness programs to drive effective RCSA program adoption and promote a strong culture of risk management.

Qualifications You'll Need
The Basics:

• Bachelor's degree in Business Administration and Management, Computer Science, Project Management, Engineering, or related field.
• 5+ years of experience developing/management RCSA for Financial Institutions.
• 5+ years of knowledge of banking products, processes, and regulations.
• 5+ years of previous experience with GRC tools (e.g., Archer, etc.).
• 5+ years of experience in proficiency in Microsoft Office (Word, Excel, PowerPoint, Visio).

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 10% of the time.

Bonus Points If You Have:

• 5+ years of experience mapping complex processes and identifying control points.
• 5+ years of experience with implementation or improvements of risk assessment processes and methodologies.
• 5+ years of knowledge of Consumer Lending products and processes.
• 5+ years of knowledge of Tableau or similar visual analytics tools.

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 Nov-23-2024. 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 [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.