Director Operational Risk Oversight - Technology

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:
What You'll Do
Provides credible and independent oversight for all aspects of operational risks to the business. This includes challenging and advising on new products or services, issues, KRIs, and vendor engagements. Works with the business to operationalize legal and regulatory requirements, review of business unit procedures and training for operational risk matters and provides advice and effective challenge related to regulatory and business process changes. Partners across other areas of Corporate Risk Management to ensure a holistic approach to Second Line risk management.
This person will support business objectives by delivering strategic operational risk advice that reflects an advanced ability to understand and evaluate operational risk in the context of risk appetite and business objectives. Specific attributes and qualifications include:

• Excellent management skills and judgement with capacity to make decisions and give advice while demonstrating an understanding of business considerations and relevant risks.
• Demonstrated leadership talent with the ability to motivate and interface with direct reports and coworkers at all levels by virtue of keen business acumen, excellent judgement, professional competence, emotional intelligence, credibility, and personal integrity.
• Solid interpersonal skills, with an ability to inspire trust and confidence with internal and external stakeholders.
• The ability to effectively balance the desire/need for broad change with an understanding of how much change the organization is capable of handling, to create realistic goals and implementation plans that are achievable and successful.
• A leader who is viewed by others as having a high degree of integrity and forethought in their approach to making decisions; the ability to act in a transparent and consistent manner while always taking into account what is best for the organization.

This position will also support a culture of effective risk management, accountability, and demonstration of risk awareness across the organization. Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.
How You'll Do It

• Provides credible and independent oversight for all aspects of operational risks related to the business processes. This includes challenging and advising on new products or services, issues, KRIs, and vendor engagements.
• Identifies operational risks resulting from new or revised laws and regulations, provides guidance and ensures action plans are developed to manage the risks, including effective training, procedures, and other controls.
• Reviews and advises on new or revised business strategies, initiatives, and projects to ensure operational risks are effectively mitigated.
• Provides oversight of operational risks identified by a risk assessment team to ensure adequate controls are in place to mitigate existing operational risks in the business.
• Partners across other areas of Corporate Risk Management to ensure a holistic approach to Second Line risk management.

Qualifications You'll Need
The Basics

• Bachelor's degree in Business Administration and Management, Finance, or related
• 10+ years of risk management experience in a financial environment with a specific focus on operational risk management or internal audit related

In Lieu of Education

• 12+ years of risk management experience in a financial environment with a specific focus on operational risk management or internal audit relate

Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

• Primarily remain in a stationary position.
• Primarily performed indoors in an office setting.
• 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.
• Travel up to 10% of the time.

Bonus Points If You Have

• Master's degree in Business Administration and Management, Finance, or related
• 4+ years of people management experience

Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.
Application Deadline:
The application window for this position is anticipated to close on Dec-10-2024. 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 $154,500.00 to $234,900.00. 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

Learn more at mydiscoverbenefits.com .
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 [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.