Full-Time

Principal Business Risk Specialist

Posted on 1/9/2025

Discover

Discover

Compensation Overview

$91k - $153.4kAnnually

+ Incentives

Senior, Expert

No H1B Sponsorship

Wheeling, IL, USA

Must be authorized to work in the United States.

Category
Risk Management
Finance & Banking
Required Skills
Risk Management

You match the following Discover's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor's Degree in Business Administration or Management or related
  • 6+ years of Financial Services, Marketing, Compliance, Internal Audit Operations or Vendor Management areas
  • In lieu of Education, 10+ years of Operations Management, Process Management, Technology, Lean/Six Sigma, Operations, Risk Management or related
  • Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator
  • Ability to communicate verbally; Ability to communicate in written form.
Responsibilities
  • Participates in and maintains the Compliance Management System (CMS) elements within Corporate Risk Management and provides CMS support to CRM business partners.
  • Serves as the liaison with the Corporate Risk Management areas and other Risk Office teams.
  • Actively identifies any potential risk management opportunities and escalates risk and potential issues to management.
  • Supports the compliance and risk management activities within the business, which may include risk assessment, issue management, procedure documentation, process design, control workflow/systems, reporting, testing, remediation and third-party management.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
  • Supports issue management process, including oversight and effective challenge of root cause analysis, sufficiency of action plans, and evaluation of target dates.
  • Monitors progress of issues and escalates blockers.
  • Collaborates with Central Issue Management (CIM) team to ensure alignment with enterprise standard.
  • Evaluates and challenges business-driven changes to ensure appropriate risk management practices are in place.
  • Supports control design process and assesses processes for any control gaps or enhancements needed to ensure effectiveness of controls in business process changes.
  • Provides support to business partners for execution of second line risk program requirements, such as Risk and Control Self-Assessment (RCSA), Risk and Control Assessment (RaCA), process management, regulatory change management and enterprise risk assessments.
  • Provides input and effective challenge into business activities to help monitor risk management health of its business including, but not limited to, control design, execution and effectiveness, risk and control library maintenance, and effective challenge of KRI/KPIs.
  • Provides support to central exam / audit / testing team and serves as an effective challenge for remediated findings.
Desired Qualifications
  • 8+ years of Financial Services, Marketing, Compliance, Internal Audit Operations or Vendor Management areas preferred.
  • 2+ years of People Management experience preferred.
  • Certification in Control Self Assessment preferred.
  • Certified Internal Auditor preferred.

Company Stage

N/A

Total Funding

N/A

Headquarters

N/A

Founded

N/A

INACTIVE