Discover Financial Services

Director Business Risk

Discover Financial Services

Riverwoods, IL 60015, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

At Discover Financial Services, we are seeking a highly skilled and driven individual to join our team as the Director of Business Risk. As a leader in the financial industry, we are committed to mitigating risks and ensuring the success of our business operations. We are looking for a dynamic and experienced professional who can effectively lead our risk management team and implement strategies to protect our company's assets. If you are a strategic thinker with a strong understanding of risk assessment and management, we invite you to apply for this exciting opportunity.

  1. Develop and implement business risk management strategies to protect Discover Financial Services' assets and ensure the success of our business operations.
  2. Lead and manage a team of risk management professionals, providing guidance, support, and direction to ensure effective risk management practices.
  3. Conduct thorough risk assessments and identify potential risks and vulnerabilities within the company, including financial, operational, and reputational risks.
  4. Create and maintain risk management policies and procedures, ensuring compliance with industry regulations and best practices.
  5. Monitor and analyze market trends and industry developments to identify potential risks and develop proactive risk management strategies.
  6. Collaborate with cross-functional teams, including legal, compliance, and finance, to ensure a comprehensive risk management approach.
  7. Develop and maintain relationships with external partners, including regulators and industry peers, to stay informed of emerging risks and best practices.
  8. Communicate risk management strategies and findings to senior leadership and make recommendations for mitigation and improvement.
  9. Conduct regular risk management training and education for employees to promote a risk-aware culture.
  10. Continuously evaluate and improve risk management processes and procedures to adapt to changing business needs and evolving risks.
Where is this job?
This job is located at Riverwoods, IL 60015, USA
Job Qualifications
  • Strong Understanding Of Risk Management Principles And Practices: The Director Of Business Risk Should Possess A Deep Knowledge Of Risk Management Frameworks, Including Credit Risk, Operational Risk, And Market Risk. They Should Also Have Experience Implementing Risk Management Strategies And Processes Within A Financial Services Organization.

  • Leadership And Management Skills: As A Director, This Individual Will Be Responsible For Leading A Team Of Risk Professionals And Guiding Them In The Development And Execution Of Risk Management Plans. They Should Have A Proven Track Record Of Effectively Managing And Motivating Teams To Achieve Results.

  • Analytical And Problem-Solving Abilities: The Director Of Business Risk Must Be Able To Analyze Complex Data And Identify Potential Risks To The Organization. They Should Also Have Strong Problem-Solving Skills To Develop Solutions That Mitigate These Risks.

  • Communication And Collaboration Skills: In Addition To Managing A Team, The Director Of Business Risk Will Also Need To Collaborate With Cross-Functional Teams, Such As Finance, Compliance, And Operations. Therefore, Strong Communication Skills And The Ability To Work Effectively In A Team Environment Are Essential For Success In This Role.

  • Experience In The Financial Services Industry: Ideally, The Director Of Business Risk Should Have Previous Experience Working In The Financial Services Industry, Preferably In A Risk Management Role. This Will Provide Them With A Deep Understanding Of The Industry's Unique Risks And Challenges, Allowing Them To Develop Effective Risk Management Strategies For Discover Financial Services.

Required Skills
  • Risk Management

  • Financial Analysis

  • Strategic Planning

  • Project Management

  • Data Analysis

  • Communication

  • Problem Solving

  • Leadership

  • Team Building

  • Decision Making

  • Audit

  • Compliance

  • Forecast

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Director Business Risk in Riverwoods, IL 60015, USA is $112,000 - $172,000 per year. Salaries may vary depending on the specific industry, company size, and level of experience. It is also important to note that this salary range is an estimate and may not reflect the exact salary for a specific job in this location.

Additional Information
Discover Financial Services is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 18th, 2024
Apply BeforeMay 22nd, 2025
This job posting is from a verified source. 
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About Discover Financial Services

Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.

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