Operational Risk Oversight Marketing Principal
3 weeks ago
Job Description:
Discover is seeking a highly skilled Principal Operational Risk Oversight Marketing professional to join our team. As a key member of our Corporate Risk Management department, you will be responsible for overseeing operational risk activities specific to our business.
This includes advising, assessing, and effectively challenging all operational risks and mitigants for the specific business and their impact on both risk appetite and the goals and objectives of the business.
You will provide an effective second line of defense, including monitoring, testing, and operational risk assessments of the business to ensure effective risk management practices and a strong control environment.
This role will also involve engaging with, influencing, and leading business partners at all levels in the organization, escalating risks when necessary, actively participating 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 ad hoc analysis/reporting to senior management on operational risks.
In executing these functions, you will collaborate closely with other colleagues across Operational Risk Oversight, Non-Financial Risk Management, Corporate Risk Management, and other lines of business and corporate functions.
Responsibilities:
- Execute the risk-based approach to independent risk assessments and oversight for the business
- Ensure effective oversight of the business and leverage the results from NFRM Testing COE to drive an effective risk and control environment for the business
- Develop and maintain the Operational Risk Oversight policies, standards, procedures, and process flows
- Execute operational risk advisory and effective challenge for programs across the Non-Financial Risk Programs
- Manage internal audits and tests as well as external exams for the Operational Risk Oversight team
- Participate in and engage with business leaders in governance to help drive a culture of effective risk management
- Update status reports of program initiatives, activities, and non-financial risks to management and committees and escalate concerns and successes
Requirements:
- Bachelor's 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 related
Preferred Qualifications:
- 8 + years of risk management experience in a financial environment with specific focus on operational risk management or internal audit or related
Compensation:
The base pay for this position generally ranges between $88,500.00 to $149, 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
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.
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