Principal Risk Process Improvement
4 weeks ago
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.
Responsible for implementing an integrated framework for managing risk through the discipline of "Knowing your Business." Primarily responsible for establishing standards and oversight for Process Leaders/Owners to truly know their processes, their risks, and the associated control environment. Develops requirements for executing Process Management within the risk management system-of-record. Promotes a process management mindset to support the effective management of risk. Enables prioritization of process management activity across business units through a risk-based lens.
**Responsibilities**:
Identify existing process inventory and/or support documentation of process inventory. Provide complete and accurate information for foundational required data inputs. Ensure complete and accurate risk and control information. Support maintenance of process, risk and control inventory.
Develops relationships with key constituents necessary to deliver project results, including internal team, cross functional work team, project steering committee, and support functions.
Develops and communications project schedules and tools. Leads updates and presentations.
Collaborates with team members to understand risk and business needs. Conducts analyses of current state, drive root-cause analyses, develops insights, identify solutions, designs future states and delivers solutions with sustainable results.
Adherence and adoption of non-financial risk frameworks and methodologies, including metrics and formalized governance routines to monitor operating effectiveness.
Minimum Qualifications
**At a minimum, here’s what we need from you**:
Bachelor’s degree in business administration/management, Engineering, Finance, or related field.
6+ years of experience in process improvement in business operations, industrial engineering; internal/in-house or consulting or operational support capacity or related with some experience in financial services and/or consumer-centric fields.
4+ years of experience planning/executing cross-functional projects.
In lieu of education, 8+ years of experience in process improvement in business operations, industrial engineering; internal/in-house or consulting or operational support capacity or related with some experience in financial services and/or consumer-centric fields.
Preferred Qualifications
**If we had our say, we’d also look for**:
Master’s degree in business administration/management.
**Compensation**: The base 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 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
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)
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