Principal Operational Risk & Internal Control Cont

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

What You'll Do

Advises business partners on understanding and mitigating the inherent risk throughout their business processes. Partners with the business to improve the control environment by developing new/revised controls and resolves open issues. Serves as a liaison between business unit and Corporate Risk Management (CRM), Compliance, Legal, and other Business Risk Office groups. Executes various Preventative Risk Management activities and initiatives such as but not limited to risk and control assessments, operational risk events reporting, key risk indicator reporting, business continuity planning, records management, and new initiative process.


How You'll Do It

Perform walk-throughs and consult on existing and new processes and, where appropriate, facilitate documentation thereof, including the identification of business risks and controls.

Ensure that controls are in place to mitigate legal, regulatory, and other applicable business risks. Where control gaps exist, provide consultation on the design of controls and monitor until execution.

Provide consultation on, and monitor timely execution of, essential risk processes and requirements including, but not limited to, business continuity planning and testing and records retention.

Execute reporting, including operational risk events, key risk indicators, and business reviews in accordance with company policies and standards.

Collaborate with business partners to ensure root-cause analysis is performed and that appropriate corrective action plans are put in place to address issues stemming from the risk assessments, internal audits, regulatory findings, business unit test monitoring, operational risk incidents, and other applicable sources where gaps are identified.

Provide relevant risk training to meet current and evolving organizational requirements and/or business needs.


Qualifications You'll Need

The Basics

Bachelor's degree in finance, business management, or related field

6+ years of experience in risk management, internal controls, finance, audit or related field

In lieu of a degree, 8+ years of experience in risk management, internal controls, finance, audit or related field


Bonus Points If You Have

8+ years of experience in risk management, internal controls, finance, audit or related field

Certified Internal Auditor, Certification in Control Self-Assessment, RIMS-Certified Risk Management Professional, or related certification






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: 862053

Posted On: Oct 23, 2021

Updated On: Nov 06, 2021