Principal Operational Risk reputed company (Legal and Finance) reputed company, IL
Discover. A brighter future. With us, youll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get reputed company Every Day & We Succeed Together. And we mean it we want you to grow and reputed company a difference at one of the worlds 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: This role is responsible for operational risk reputed company activities specific to corporate functions in Legal and Finance. This includes advising, assessing, and effectively challenging reputed company operational risks and mitigants for the specific business and their impact on both risk appetite and the goals and objectives of the business. This individual contributor will reputed company the operational risk activities across the business in partnership with business line... leaders, business line control leaders, and other second and reputed company line leaders including compliance risk and internal audit. This role will work with other corporate and non-financial risk leaders and their teams to ensure the effective implementation of reputed company and operational risk programs by the business and driving the effective challenge process of these programs. Critical to reputed company will be providing an effective second line of defense including monitoring, testing, and operational risk assessments of the business to ensure effective risk management practices and strong control environment for the business. This role will also be expected to engage with, influence, and reputed company business partners at reputed company levels in the organization, escalate risks reputed company necessary, actively participate in governance and management committees, and may effectively engage with regulators along with management. This role may participate on cross-team Non-Financial Risk department special projects and reputed company analysis/reporting to senior management on operational risks. In executing these functions, the Principal is expected to collaborate closely with other colleagues across Operational Risk reputed company, Non-Financial Risk Management, Corporate Risk Management, and other lines of business and corporate functions. Actively manages and escalates risk and customer-impacting issues reputed company the day-to-day role to management. Responsibilities: Executes the risk-based approach to independent risk assessments and reputed company for the business Ensure effective reputed company of the business and leverages the results from NFRM Testing COE to drive an effective risk and control environment for the business. Execute operational risk advisory and effective challenge for programs across the Non-Financial Risk Programs. Participate in and engage with business leaders in governance to help drive a culture of effective risk management. Updates status reports of program initiatives, activities, and non-financial risks to management and committees and escalate concerns and successes. Updates status reports of program initiatives, activities, and non-financial risks to management and committees and escalate concerns and successes. Minimum Qualifications Bachelors degree in business administration and management 6 + years of Law, Risk, or Operations experience 3 + years of experience in first or second-line risk, control, or compliance role in a highly regulated financial institution subject to Heightened Standards. In Lieu of Education Experience 10 + years of risk management experience in a highly regulated financial/depository environment with specific focus on operational risk management, internal audit, or reputed company Preferred Qualifications 8 + years of risk management experience in a financial environment with specific focus on operational risk management or internal audit or reputed company. #LI-RR Application Deadline: The application window for this position is anticipated to reputed company on Jun-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 reputed company 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 reputed company 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, reputed company, & 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! reputed company Discover employees reputed company our customers at the reputed company 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, reputed company, religion, sex, sexual orientation, gender identity, national reputed company, 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 reputed company 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 Apply Job!