Lead Operational Risk & Compliance Specialist

"Are you a risk management professional with a passion for driving operational excellence? Do you thrive in a dynamic and fast-paced environment? If so, we have an exciting opportunity for you as a Lead Operational Risk & Compliance Specialist at Discover Financial Services. As a leader in the financial industry, we are seeking a highly skilled and motivated individual to join our team and play a key role in managing our operational risk and compliance framework. This role requires a strong attention to detail, excellent communication skills, and the ability to collaborate with cross-functional teams. If you are ready to take your career to the next level, we encourage you to apply for this challenging and rewarding position."

1. Develop and implement operational risk and compliance strategies, policies, and procedures in alignment with company objectives and industry standards.
2. Assess existing processes and identify potential risks and areas for improvement.
3. Lead and manage a team of operational risk and compliance specialists, providing guidance, support, and training as needed.
4. Monitor and analyze operational risk and compliance data, identifying trends and making recommendations for mitigation and improvement.
5. Collaborate with cross-functional teams, including legal, finance, and IT, to ensure effective risk management and compliance across the organization.
6. Conduct internal audits and reviews to ensure compliance with company policies and regulatory requirements.
7. Develop and deliver training programs and materials to educate employees on risk management and compliance best practices.
8. Stay up-to-date on industry regulations and changes and make recommendations for adjustments to company policies and procedures.
9. Act as a subject matter expert on operational risk and compliance, providing guidance and support to other departments as needed.
10. Prepare reports and presentations for senior management, communicating the status of operational risk and compliance efforts and making recommendations for improvement.
11. Proactively identify potential risks and compliance issues and work with stakeholders to develop and implement solutions.
12. Foster a culture of operational excellence by promoting awareness and understanding of risk management and compliance throughout the organization.
13. Serve as a liaison with external auditors and regulatory agencies, providing necessary documentation and information.
14. Continuously evaluate and improve operational risk and compliance processes and procedures to ensure effectiveness and efficiency.
15. Act with integrity and confidentiality in handling sensitive information related to operational risk and compliance matters.

According to JobzMall, the average salary range for a Lead Operational Risk & Compliance Specialist in Riverwoods, IL 60015, USA is $100,000-$120,000 per year. This may vary depending on the specific company, industry, and level of experience of the individual.

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.