Principal Third Party Risk Program Management

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:
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.
Responsible for providing oversight and governance for the day-to-day, third-party risk activities within the company. Assists with the execution of the strategic direction of the third-party risk management program by monitoring and reporting on the compliance with enterprise-wide policy and procedures for assessing, onboarding, managing, monitoring, and terminating third-party transactions. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
Responsibilities

• Executes risk oversight reporting and exam management in connection with the Third-Party Risk Management Program, Policy, and framework. These activities include monitoring compliance with the program requirements, supporting the maintenance and enhancements of enterprise policies and procedures, and the oversight of identified critical and strategic services being provided to Discover.

• Maintenance of the Third-Party Risk Management framework and related documentation and standards, tracking and reporting on third party key risk indicators, which includes the status of SME risk assessments, issues and action plans of third party engagements, liaising with the different SME teams and engagement owners throughout the lines of business, and training to standards and framework.
• Lead on regulatory exam management and internal audit responses.
• Compiles and reconciles third party reporting data for committee and board reporting.

Minimum Qualifications
At a minimum, here's what we need from you:

• Bachelor's Degree in Finance.

• 6+ years of experience in Risk Management, Financial Services, Process Improvement, or related field.

• In lieu of a degree, 8+ years of experience in Risk Management, Financial Services, Process, Improvement, or related field.

Preferred Qualifications
If we had our say, we'd also look for:

• Master's Degree in Finance.

• 8+ years of experience in Risk Management, Financial Services, Process Improvement, related field.

Application Deadline:
The application window for this position is anticipated to close on Sep-24-2024. 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 $88,500.00 to $149,300.00. 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.