Senior Manager Third Party Risk Management

at Discover Bank in New Castle, Delaware, United States

Job Description

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

Responsible for providing oversight and governance for third party risk and control activities. Ensures the execution of third party risk management programs across the company. Manages team responsibilities independently, establishing direction, and prioritizing efforts. Serves as subject matter expert on multiple and highly complex business activities. Monitors and reports on compliance with policies and procedures for assessing, on-boarding, managing, monitoring, and terminating third parties. Demonstrates broad perspective and critical thinking that is cross functional, extending beyond area(s) of responsibility.



Manages a team that defines the framework for on-boarding, managing, and terminating third parties. Assists with the enhancement of existing and development and execution of new oversight activities.

Manages the governance activities associated with the third party risk management policies, procedures, and frameworks. Maintains existing procedures, trains business partners, and ensures third party risk management issues are created and validated in line with internal procedures.

Executes risk oversight reporting and exam management in connection with the Third Party Risk Management Program, Policy, and framework. These activities include monitoring compliance with the program requirements, supporting the maintenance and enhancements of enterprise policies and procedures, and the oversight of identified critical and strategic services being provided to Discover

Reviews and validates third party reporting data. Assists with the analysis of key risk indicators and underlying performance metrics, subject matter due diligence results, control deficiencies and program non-compliance.

Provides leadership, mentoring, and development to the team. Collaborates and builds relationships with different program participants.

Challenges the status quo by evaluating situations from multiple facets. Able to lead discussions with senior management as well as demonstrate influence and decision-making across levels.

Acts in a consultative nature and makes recommendations to advance initiatives, even if not in own area, while also demonstrating flexibility and open-mindedness in evaluating options.


Minimum Qualifications

At a minimum, here's what we need from you:

Bachelor's Degree in IT, Risk Management, Business, Finance, Engineering, or related field

2+ years ofexperience in management

6+ years ofexperience inRisk Management, Financial Services, Process Improvement,or relatedfield

In lieu of a degree,10+ years ofexperience inRisk Management, Financial Services, Process Improvement,or relatedfield


Preferred Qualifications

If we had our say, we'd also look for:

Master's Degree in IT, Risk Management, Business, Finance, Engineering, or related field

10+ years ofexperience inRisk Management, Financial Services, Process Improvement,or relatedfield, includingpeople management

Project ManagementProfessional

CERP, CRCM, CRISC, CISA, CISM, CISSP, or similarcertification





What are you waiting for? Apply today!


The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.

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Job Posting: 844180

Posted On: Sep 14, 2021

Updated On: Sep 23, 2021