Director Operational Risk Oversight, Card

As the Director of Operational Risk Oversight for our Card division at Discover Financial Services, you will play a critical role in ensuring the safe and efficient operation of our credit card products and services. You will be responsible for developing and implementing risk management strategies, policies, and procedures to identify, assess, and mitigate potential risks. We are seeking a highly experienced and detail-oriented individual with a strong background in risk management, compliance, and leadership. If you are passionate about protecting our customers and business while driving innovation and growth, we invite you to apply for this exciting opportunity.

1. Develop and implement risk management strategies, policies, and procedures for the Card division.
2. Identify and assess potential operational risks that may impact the safe and efficient operation of credit card products and services.
3. Collaborate with cross-functional teams to ensure compliance with industry regulations and company policies.
4. Conduct regular risk assessments and audits to identify areas for improvement and implement corrective actions.
5. Monitor and analyze key risk indicators to proactively identify potential issues and make recommendations for risk mitigation.
6. Provide guidance and support to the Card division on risk management best practices and procedures.
7. Develop and maintain relationships with internal stakeholders, external partners, and regulatory agencies to ensure alignment and compliance with risk management practices.
8. Lead and mentor a team of risk management professionals, providing guidance and support in their professional development.
9. Conduct regular training and awareness programs to promote a culture of risk management and compliance within the Card division.
10. Stay informed of industry trends, best practices, and regulatory changes that may impact the risk landscape for credit card products and services.
11. Prepare and present reports to senior leadership on the status of operational risks and proposed risk management strategies.
12. Collaborate with other departments to identify and implement process improvements and innovations to enhance the risk management framework.
13. Foster a culture of continuous improvement and innovation within the Card division to drive business growth while maintaining a strong risk management posture.
14. Ensure all risk management activities are in line with the company's values, policies, and ethical standards.
15. Serve as a subject matter expert on operational risk management, providing insights and recommendations to support business decisions and initiatives.

According to JobzMall, the average salary range for a Director Operational Risk Oversight, Card in Riverwoods, IL 60015, USA is $150,000 to $200,000 per year. This can vary depending on the specific company, industry, and level of experience of the individual. Factors such as bonuses, benefits, and other compensation packages may also affect the overall salary range.

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.