Lead Business Controls Specialist

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
Regular assessment and monitoring of business processes for areas of risk and opportunities. This includes creating process flows, procedure reviews, process testing, pinpointing procedure or compliance fails and their root causes, as well as analyzing defects and complaints related to the process. Provide management with reporting on process testing, recommendations to policy/procedures to enhance process or mitigate risk, and complete adds, changes or rewrites of business controls to reduce risk while optimizing business processes.
Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
How You'll Do It

• Formulate controls, control mapping, and audit responses in conjunction with BRIC and Business VP and Director. This includes control design reviews, coordinating annual assessment processes, internal and external audit and ensure business agrees with control risk ratings.
• Complete monthly testing of processes and controls and assess compliance with procedures and controls related to high legal, compliance and operational risk processes.
• Report monthly testing results, trends, remediation, and root cause reviews to management including opportunities identified within the processes for policies, procedures, and control enhancements.
• Complete TPRM for business vendors.
• Complete BCP plan updates, tests, team training, and items assigned by BCP team.

Qualifications You'll Need
The Basics

• Bachelor's in business administration and management, Marketing or related field.
• 4+ years of experience in Banking Management/Banking Compliance/Regulatory Compliance/Quality Review.
• In Lieu of education, 6+ years of experience in Banking Management/Banking Compliance/Regulatory Compliance/Quality Review .

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:

• Does this job require remaining in a stationary position, including but not limited to, primarily sitting and standing? Primarily remain in a stationary position.
• Does this job require the ability to move about inside or outside the work environment to complete the major responsibilities of the job? No required movement about the work environment to complete the major responsibilities of the job.
• Does this job require the ability to transport physical objects? If so, provide the weight of the heaviest object the job needs to transport without the aid of machinery or equipment or the weight equivalency with the aid of machinery or equipment. No
• Primarily, where is this job performed? Primarily performed indoors in an office setting.
• Does this job require the ability to operate equipment or machinery? Select all that apply. Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
• Does this job require the ability to communicate verbally or in written form? Select all that apply. Ability to communicate verbally.; Ability to communicate in written form.
• Does the job require travel? No
• Does this role require testing or assessments to measure the ability to perform the job? No

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.
#Remote
#LI-RD
Application Deadline:
The application window for this position is anticipated to close on Oct-27-2024. 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 $75,500.00 to $127,900.00. 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.