Principal Operational Risk Oversight-Operations Shared Services
Discover Financial Services
United States, Illinois, Riverwoods
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Salary
$91,000 - $153,400 Per Year
Rank
Senior Manager
Responsibility
Process Roles
Scope
Regional
Workplace
100% in office
Functions
Finance
Legal
Reports to
Level
N-3
Travel Max:
0%
Posting Date
03-25-2025
Description
This role is responsible for operational risk oversight activities specific to the Operations Shared Services line of 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.
Key Responsibilities
- Executes the risk-based approach to independent risk assessments and oversight for the business.
- Ensure effective oversight 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.
Qualification & Requirements
The Basics
- Bachelor’s Degree in Business Administration and Management
- 6+ years of experience in Law, Risk or Operations
- 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 10+ years of experience in Risk management experience in a highly regulated financial/depository environment with specific focus on operational risk management, internal audit, or related
Bonus Points If You Have
- 8+ years of experience in Risk management experience in a financial environment with specific focus on operational risk management or internal audit or related
Benefits
- Paid Parental Leave
- Paid Time Off
- 401(k) Plan
- Medical, Dental, Vision, & Health Savings Account
- Short and Long Term Disability, Life, and Accidental Death & Dismemberment insurances
- Recognition Program
- Education Assistance
- Commuter Benefits
- Family Support Programs
- Employee Stock Purchase Plan
Company Profile
Discover Financial Services
Industry
Financial Services
Revenue
$19.56B
Employees
17,600
Fortune 500 Rank
#273
Global 500 Rank
NA
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