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Principal Risk Process Improvement

📍 Riverwoods, IL 💰 88,500 – 149,300 USD / yr 🕒
Work Model
📍 Riverwoods, IL
Employment
💼 Full-Time Direct
Recruitment Type
🛡️ Direct to HR Pipeline
🛡️
Human-Verified Opening: Inspected by Sarah Jenkins, CIPD • RemoteVault Editorial Team. Authenticated directly from Discover Financial Services's hiring pipeline • Zero recruiter markups or candidate fees. Verification Standards →

📋 Role Overview & Responsibilities

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

Responsible for implementing an integrated framework for managing risk through the discipline of "Knowing your Business." Primarily responsible for establishing standards and oversight for Process Leaders/Owners to truly know their processes, their risks, and the associated control environment. Develops requirements for executing Process Management within the risk management system-of-record. Promotes a process management mindset to support the effective management of risk. Enables prioritization of process management activity across business units through a risk-based lens.

Responsibilities

Identify existing process inventory and/or support documentation of process inventory. Provide complete and accurate information for foundational required data inputs. Ensure complete and accurate risk and control information. Support maintenance of process, risk and control inventory. Develops relationships with key constituents necessary to deliver project results, including internal team, cross functional work team, project steering committee, and support functions. Develops and communications project schedules and tools. Leads updates and presentations. Collaborates with team members to understand risk and business needs. Conducts analyses of current state, drive root-cause analyses, develops insights, identify solutions, designs future states and delivers solutions with sustainable results. Adherence and adoption of non-financial risk frameworks and methodologies, including metrics and formalized governance routines to monitor operating effectiveness.

Minimum Qualifications

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

Bachelor’s degree in business administration/management, Engineering, Finance, or related field. 6+ years of experience in process improvement in business operations, industrial engineering; internal/in-house or consulting or operational support capacity or related with some experience in financial services and/or consumer-centric fields. 4+ years of experience planning/executing cross-functional projects. In lieu of education, 8+ years of experience in process improvement in business operations, industrial engineering; internal/in-house or consulting or operational support capacity or related with some experience in financial services and/or consumer-centric fields.

Preferred Qualifications

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

Master’s degree in business administration/management.

Application Deadline

The application window for this position is anticipated to close on Apr-16-2024. 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 LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee 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.

Frequently Asked Questions

How do I apply for the Principal Risk Process Improvement position at Discover Financial Services?

Click the “Apply for this Position” button on this page to submit your application directly to Discover Financial Services without recruitment intermediary fees.

Is this position eligible for remote work or visa sponsorship?

This position is located in Riverwoods, IL with potential relocation and sponsorship assistance depending on candidate qualifications.

Are there any candidate fees on Hirely?

No. Hirely is completely free for candidates. We never charge registration fees or placement fees.

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