Senior Principal Risk Management

Posted 4 Days Ago
Be an Early Applicant
Chicago, IL
Hybrid
106K-179K Annually
Senior level
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
This role focuses on planning, coordinating, and executing risk management activities while engaging with business partners to manage and mitigate risks. The successful candidate will develop programs to educate stakeholders about risk management and enhance the company's risk management framework and policies.
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 planning, coordinating, executing, and communicating risk management activities to help manage and mitigate risks for internal and external business partners.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
  • Work with Integration Management Office to ensure milestones are met on time and facilitate Pre LD1/Post LD1 updates and actions with Risk & Compliance sub workstream leads
  • Actively engage Risk & Compliance employees and people leaders to facilitate change management needs unique to sell side of merger
  • Create and manage internal Risk & Compliance integration reporting materials with key stakeholders


How You'll Do It

  • Develop and execute programs to engage with and educate internal and external business partners on activities/best practices to proactively manage risks and controls
  • Lead and participate in efforts to develop and enhance Company and department risk management framework, policies, standards and processes
  • Leads and participates in risk management, payments security and incident response events and tabletop exercises
  • Engages with internal and external business partner on risk and control assessments/initiatives and work with them to implement solutions to help manage risk


Qualifications You'll Need
The Basics

  • Bachelor's Degree in Business Administration or Management, Finance, Accounting, Security and Intelligence, Law or related
  • 6+ years of Fraud Risk Management, Payment Security, Payment Operations, Risk, Audit or related experience
  • In Lieu of Education, 8+ years of Fraud Risk Management, Payment Security, Payment Operations, Risk, Audit or related experience


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:

  • 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.


Bonus Points If You Have

  • Masters Degree in Business Administration or Management, Security and Intelligence, Law, Finance or Analytics preferred.
  • 8+ years of Fraud Risk Management, Payment Security, Payment Operations, Risk, Audit or related experience preferred.
  • CISSP = Certified Information Systems Security Certificate preferred.
  • Merger & Acquisition experience specific to deliverables within integration management office or financial services Risk & Compliance Experience.


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 Dec-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 $106,000.00 to $178,800.00. 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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Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
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