Senior Manager Business Risk Analysis and Strategy

Posted 6 Hours Ago
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Chicago, IL
Hybrid
103K-174K Annually
Senior level
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
The Senior Manager of Business Risk Analysis and Strategy will oversee the development and execution of business risk governance. This role involves managing a team, enhancing committee processes, ensuring high-quality reporting, and fostering a culture of effective risk management. Responsibilities include collaboration with business partners, auditing processes, and mentoring teams on risk identification and 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 developing, soliciting, and executing the vision for team. Actively manages and develops a team of direct reports. Responsible for the design, execution, effectiveness, and ongoing management of enterprise Business Risk governance and reporting processes. Work closely with a variety of business partners and leaders to ensure high-quality execution of Business Risk committee processes, materials, and overall operations. Work to ensure materials provided to committee are of high-quality, high-value, provide appropriate levels of transparency to committee members, and accurately describes the state of the enterprise business risk environment. Develop and maintain process documentation, procedures, controls, and training materials for process participants.
  • This role requires strong leadership, influencing, and strategic vision capabilities, as well as strong collaboration and organizational skills to coordinate the efforts of many partners and ensure timely delivery. Requires extensive forensic business analysis skills to derive key insights and excellent written and verbal communication skills with an aptitude for executive communication.
  • Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.
  • Develops and coaches teams to be able to identify, manage, and escalate risk, and effectively manages risk within the teams you oversee.


How You'll Do It

  • Manage and develop direct reports and support other team members as needed.
  • Develop, continuously enhance, and actively solicit the team vision and objectives with team members, business partners, and leadership.
  • Provide centralized support of committee processes and content production, including coordination with all stakeholders and key contacts, business analysis and quality assurance of all content.
  • Develop, execute, and continuously improve audit-ready processes with robust documentation and appropriate evidence retention.
  • Collaborate with key enterprise business partners to identify high-value reporting opportunities that meet or exceed regulatory expectations.
  • Develop and implement preventative controls over committee reporting processes, ensuring quality, accuracy, and transparency of data and processes.


Qualifications You'll Need
The Basics

  • Bachelors Degree in Business Administration or Management, Analytics, Mathematics, Engineering, Information Technology, Social Sciences, Statistics, Communications or related
  • 8 + years in Consumer Financial Services/Banking, Risk/Compliance Management, Business Analysis, Project Management, agile, Lean/Six Sigma, Quantitative, Computer Science, Management Science, or related.
  • In Lieu of Education, 10+ years in Consumer Financial Services/Banking, Risk/Compliance Management, Business Analysis, Project Management, agile, Lean/Six Sigma, Quantitative, Computer Science, Management Science, 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 10% of the time.


Bonus Points If You Have

  • Masters Degree in Business Administration or Management, Analytics Mathematics, Engineering, Information Technology, Social Sciences, Statistics or Communications Preferred.


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-26-2024. 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 $103,000.00 to $174,200.00. 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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