Lead Operational Risk & Internal Control Specialist

Welcome to Discover Financial Services, where we are committed to helping people achieve a brighter financial future. We are currently seeking a highly skilled and motivated individual to join our team as a Lead Operational Risk & Internal Control Specialist. In this role, you will play a crucial part in maintaining the integrity and efficiency of our operations through the implementation and oversight of risk management and internal control processes. We are looking for someone with a strong understanding of risk management principles, excellent analytical skills, and a passion for driving continuous improvement. If you are ready to take on a leadership role and make a meaningful impact on the success of our organization, we encourage you to apply.

1. Develop and implement risk management and internal control processes that align with company objectives and regulatory requirements.
2. Lead and oversee the assessment and identification of potential risks within various business operations.
3. Develop and maintain a risk register to track and monitor identified risks.
4. Collaborate with cross-functional teams to develop risk mitigation strategies and action plans.
5. Conduct regular risk assessments and audits to ensure compliance and identify any potential issues or gaps.
6. Communicate risk findings and recommendations to senior management and provide guidance on risk management best practices.
7. Monitor and report on the effectiveness of risk management and internal control processes.
8. Provide training and guidance to team members on risk management and internal control procedures.
9. Stay up-to-date on industry trends and changes in regulations to ensure the company's risk management processes remain current.
10. Continuously evaluate and improve risk management processes to drive efficiency and effectiveness.
11. Lead and mentor a team of operational risk and internal control specialists.
12. Collaborate with other departments to ensure a cohesive and integrated approach to risk management.
13. Develop and maintain strong relationships with internal and external stakeholders.
14. Participate in cross-functional projects to identify and mitigate risks.
15. Act as a subject matter expert on risk management and internal control matters.

According to JobzMall, the average salary range for a Lead Operational Risk & Internal Control Specialist is $90,000-$130,000 per year. However, this can vary depending on the industry, location, and specific job responsibilities. Senior-level or highly experienced specialists may earn higher salaries, while those in entry-level positions may earn lower salaries. Bonuses and other forms of compensation 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.