Principal Business Risk Control Specialist Houston, TX

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:

At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We’re all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career. 

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.

This individual will have a wide range of responsibilities as part of a team responsible for identifying risk in the Payments universe and driving strategies to manage it. This person will also liaise with the enterprise-wide Legal, Compliance and Corporate Risk functions. This person will develop business-unit specific approaches and ensure accurate and timely implementation across all risk management disciplines and all areas in the Payments organization. 

This individual will direct the business compliance and operational risk/control activities within Payments, which may include risk assessment, controls, procedure documentation, process design, control workflow/systems, reporting, testing, remediation, and third-party management. This includes education and training for business partners to ensure compliance with, and implementation of, all U.S. federal and state rules, regulations, and regulatory trends. This individual will evaluate current operations to identify areas for enhancements and work with business partners to implement these processes. It will be this person's responsibility to understand how legal, technology, and business process changes are implemented within each business unit and evaluate potential impacts.

Responsibilities

• Maintains and enhances department or functional units in support of the overall compliance program components. 
• Assists with researching regulatory compliance requirements and evaluating the adequacy of business policies, procedures, training and reference materials, system, and manual processes. 
• Assists with the identification and assessment of compliance program risks and controls. 
• Supports management in the development, implementation, and maintenance of compliance programs and a culture of compliance. 
• Assists with the preparation of status reports of program initiatives, activities, and compliance issues to management and committees. 
• Develops and implements job aids and tools to facilitate efficient completion of policy and standard requirements. 
• Ensures effective identification and implementation of controls to manage operational, financial, and compliance risks. 
• Acts as subject matter expert on efficient processes to maintain an accurate library of PULSE’s risks and controls. Manages independent post-launch oversight of initiatives and report results to Marketing executive management. 
• Identify, implement and/or maintain appropriate controls.
• Oversees technology solutions that impact the regulatory change process and lead the use of new and evolving technologies (e.g. GRC, other technologies) and ensure data integrity.
• Develop and maintain actionable reporting and metrics (key risk indicators, key performance indicators).
• Provides education and monitors PULSE employees on the requirements of company policies and standards related to Risk Reporting, Operational Risk Events, Root Cause Analysis, Consumer Complaints, and Issues Management. 
• Oversees the development and implementation of job aids and tools to facilitate efficient completion of policy and standard requirements. 
• Ensures a detailed escalation plan is in place for risk issues and leveraged when necessary. 
• Assists Senior Manager or Director with oversight of larger team via periodic coaching and review of work for employees. 
• Completes complex projects in the areas of Exam Management, Control Workflow and Standardization Solutions, and Departmental Continuous Improvement. 
• Develops, implements, and administers control standardization and workflow solutions. 
• Develops continuous monitoring exception reports for critical business processes. 

Minimum Qualifications

At a minimum, here’s what we need from you:

• Bachelor's Degree in Business, Marketing, or related field
• 6+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field
• In lieu of a degree, 10+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field

Preferred Qualifications

If we had our say, we’d also look for:

• 8+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, or related field
• 2+ years of experience in People Management
• Certification in Control Self-Assessment, Certified Internal Auditor, Certified Public Accountant (CPA), Certified Regulatory Compliance Manager

#li-cs1 #remote

Application Deadline:

Compensation:

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 HireAccommodation@discover.com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.