Senior Business Risk Control Specialist

1 month ago

Chicago, Illinois, United States Discover Full time

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:
At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We're all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.
Responsibilities relate to compliance and operational risk/control activities that may include risk assessments, control workflow/systems, control testing, monitoring complaints, third-party risk management, exam management, and risk reporting. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
Responsibilities

  • Ensures effective identification and implementation of controls to manage operational, financial, and compliance risks. Controls workflow/systems: develops and implements job aids, tools, and processes to facilitate efficient execution of policies and procedures and risk and control identification. Control Testing: responsible for executing control testing to ensure that controls are appropriately designed and works to identify control or procedural gaps. Mitigates Third Party Risk: implements third-party management risk activities and initiatives to support the business unit. Ensures all business unit third parties undergo appropriate due diligence and monitoring and have appropriate contract provisions.
  • Manages and analyzes key risk metrics within the organization. Identifies negative trends and supports business partners in root-cause analysis and action planning.
  • Acts as a key liaison for assigned teams when undergoing regulatory exams, internal compliance reviews, and internal audits. Manages requests for information or documentation, and keeps management apprised of exam status and leading action-planning activities for any findings that may arise. Analyzes data, provides insights on trends, makes recommendations, and tracks remediation efforts.
  • Completes ad hoc assignments as needed.

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

  • Bachelor's Degree in Business, Marketing, or related field
  • 2+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field
  • In lieu of a degree, 6+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field

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

  • 4+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field
  • Experience working on Issue Management Projects/Environment.
  • Quality Assurance experience, policy and standards.

What are you waiting for? Apply today
And by the way, while you're waiting to hear from us, don't forget to check out the great benefits Discover offers.
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, veteran status or any other characteristic protected by federal, state, or local law in consideration for a career at Discover.
Application Deadline:
The application window for this position is anticipated to close on Aug 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 $65,000.00 to $109, 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 .
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 . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

  • Senior Business Risk Control Specialist

    2 months ago

    Chicago, Illinois, United States Discover Full time

    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...

  • Principal Business Risk Control Specialist

    1 month ago

    Chicago, Illinois, United States Discover Full time

    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...

  • Risk and Control Assurance Analyst

    6 days ago

    Chicago, Illinois, United States TransUnion Risk and Alternative Data Solutions Full time

    About the RoleWe are seeking a highly skilled and experienced Operational Risk Management Specialist to join our team at TransUnion Risk and Alternative Data Solutions. As a key member of our Operational Risk and Control Assurance team, you will play a critical role in establishing and maintaining control testing and monitoring protocols, and conducting...

  • Risk & Control Senior Consultant

    3 weeks ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...

  • Senior Manager Business Risk Control

    1 month ago

    Chicago, Illinois, United States Discover Full time

    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...

  • Business Risk and Control Specialist

    1 week ago

    Chicago, Illinois, United States Katalyst HealthCares & Life Sciences Full time

    Key Responsibilities and Qualifications: As a vital member of our team, you will: Collect and evaluate data to identify potential requirements for business growth. Possess a solid foundation in Compliance, Risk Management, Auditing, and Control. Engage and persuade stakeholders to endorse business initiatives. Support project management efforts for...

  • Senior Risk Management Specialist

    2 days ago

    Chicago, Illinois, United States Metropolitan Water Reclamation District of Greater Chicago Full time

    Job SummaryWe are seeking a highly skilled and experienced Risk Management Specialist to join our team at the Metropolitan Water Reclamation District of Greater Chicago. The successful candidate will assist in the development and implementation of risk management programs and processes, communicate with operating units, and analyze departmental data.Key...

  • Senior Manager of Fraud Risk Controls

    2 weeks ago

    Chicago, Illinois, United States CIBC Full time

    About CIBCAt CIBC, we are dedicated to building a relationship-focused banking experience tailored for today's world. We seek skilled and passionate professionals committed to prioritizing our clients' needs.We value your unique strengths and aspirations, empowering you to make a significant impact in your role. Our team members are recognized for their...

  • Business Control Specialist

    3 days ago

    Chicago, Illinois, United States The Bank of America Corporation Full time

    Job SummaryWe are seeking a highly skilled Business Control Specialist to join our team at The Bank of America Corporation. As a key member of our organization, you will be responsible for ensuring the effective management of our business operations.Key ResponsibilitiesDevelop and implement business control strategies to mitigate risk and improve operational...

  • Risk Control Consulting Director

    1 month ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • Senior Analyst in Enterprise Risk Management

    2 weeks ago

    Chicago, Illinois, United States Vantage Risk Companies Full time

    Position Overview:The Senior Analyst in Enterprise Risk Management will be instrumental in enhancing risk reporting and advancing the ERM function within Vantage Risk Companies.Key Responsibilities:1. **Data Collection and Reporting:** - Gather and monitor essential aggregation risk metrics across various risk portfolios and products. - Present findings...

  • Senior Manager, Fraud Risk Controls

    2 weeks ago

    Chicago, Illinois, United States CIBC Full time

    About CIBCAt CIBC, we are dedicated to building a relationship-focused banking experience for the contemporary world. We seek skilled and passionate professionals committed to serving our clients with integrity.We value your strengths and aspirations, empowering you to make a significant impact in your role. Our team members are recognized for their unique...

  • Senior Business Risk Consultant

    2 weeks ago

    Chicago, Illinois, United States The Options Clearing Corporation Full time

    Role Overview: The Senior Business Risk Consultant will play a pivotal role in evaluating the financial and operational frameworks of the organization, focusing on risk management and compliance objectives. This position entails assessing the adequacy of management's controls and activities concerning regulatory, operational, and strategic risks, and...

  • VP Risk Control

    1 month ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • Senior Business Control Analyst

    2 weeks ago

    Chicago, Illinois, United States Bank of America Full time

    Senior Business Control AnalystLocation: Chicago, IllinoisJob Overview:At Bank of America, our mission is to enhance financial well-being through meaningful connections. We are committed to Responsible Growth, which shapes our operations and our commitment to clients, employees, communities, and shareholders alike.We prioritize creating a diverse and...

  • Senior Information Security Controls Specialist

    1 day ago

    Chicago, Illinois, United States Hispanic Technology Executive Council Full time

    About the RoleWe are seeking a highly skilled Senior Information Security Controls Specialist to join our Process and Metrics Excellence organization, part of Global Information Security (GIS) at the Hispanic Technology Executive Council. This role will play a critical part in promoting a strong risk management culture with a focus on information security...

  • Sr. Counsel, Risk Control

    1 month ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. We have a unique opportunity in the Legal, U.S. Businesses team, to be...

  • Senior Underwriter

    23 hours ago

    Chicago, Illinois, United States Markel Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Underwriter to join our team at Markel. As a Senior Underwriter, you will play a critical role in underwriting new business and renewals in a profitable manner, while driving projects that have a significant impact on the business.Key ResponsibilitiesReview and analyze Fortune 750 risks to...

  • Senior Business Operations Specialist

    5 days ago

    Chicago, Illinois, United States The Bank of America Corporation Full time

    About UsThe Bank of America Corporation is a leading financial institution dedicated to helping individuals and businesses achieve their financial goals.Our ApproachWe operate under the principles of Responsible Growth, which guides our company's strategy and decision-making processes.Key ResponsibilitiesDevelop and implement business control strategies to...

  • Senior Risk Assessment Specialist

    2 weeks ago

    Chicago, Illinois, United States The Hartford Full time

    Position OverviewAs a Senior Risk Assessment Specialist, you will play a pivotal role in our organization, focusing on underwriting within the Energy sector. At The Hartford, we pride ourselves on going beyond traditional insurance services, and we are looking for individuals who share our commitment to making a meaningful impact.Your ResponsibilitiesIn this...