Discover Financial Services

Senior Principal Operational Risk Oversight

Discover Financial Services

Remote
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

At Discover Financial Services, we are committed to providing our customers with exceptional financial products and services. To support this mission, we are currently seeking a highly experienced and driven individual to join our team as a Senior Principal Operational Risk Oversight. In this role, you will play a critical part in identifying and managing operational risks across the organization. As a leader in our risk management team, you will have the opportunity to make a significant impact on our business and help us maintain our reputation as a trusted and reliable financial institution. If you possess a strong background in operational risk oversight and a passion for driving continuous improvement, we encourage you to apply for this exciting opportunity.

  1. Develop and implement strategies for identifying and managing operational risks within the organization.
  2. Conduct risk assessments to identify potential vulnerabilities and develop mitigation plans.
  3. Lead and support the development and implementation of risk management policies, procedures, and controls.
  4. Monitor and analyze risk data to identify trends and potential areas of improvement.
  5. Collaborate with cross-functional teams to ensure operational processes and procedures are in compliance with regulatory requirements.
  6. Provide guidance and support to business units on risk management best practices.
  7. Develop and deliver training programs to increase risk awareness and promote a strong risk culture.
  8. Conduct regular reviews and audits to ensure adherence to risk management policies and procedures.
  9. Communicate risk findings and recommendations to senior management and stakeholders.
  10. Stay up-to-date on industry best practices and regulatory changes related to operational risk management.
  11. Mentor and coach junior members of the risk management team.
  12. Drive continuous improvement and efficiency in risk management processes and procedures.
  13. Collaborate with internal and external auditors to ensure effective risk management practices are in place.
  14. Serve as a subject matter expert on operational risk management for the organization.
  15. Represent the company in industry forums and events related to operational risk management.
Where is this job?
This job opening is listed as 100% remote
Job Qualifications
  • Extensive Experience In Operational Risk Management: The Ideal Candidate Should Have A Minimum Of 10 Years Of Experience In Operational Risk Management, With A Strong Understanding Of Industry Best Practices And Regulatory Requirements.

  • Deep Knowledge Of Financial Services Industry: As A Senior Principal, The Candidate Should Have A Thorough Understanding Of The Financial Services Industry, Including Banking, Credit Cards, And Lending Products. They Should Also Have Experience In Risk Management Within These Areas.

  • Proven Leadership Skills: The Candidate Should Have A Track Record Of Successfully Leading And Developing Teams In A Fast-Paced And Dynamic Environment. They Should Also Have Experience In Managing Projects And Initiatives Related To Operational Risk Management.

  • Strong Analytical And Problem-Solving Skills: The Candidate Should Possess Strong Analytical And Problem-Solving Skills, With The Ability To Identify And Assess Operational Risks And Develop Effective Mitigation Strategies.

  • Excellent Communication And Stakeholder Management Skills: Given The Seniority Of The Role, The Candidate Should Have Excellent Communication And Stakeholder Management Skills, With The Ability To Effectively Communicate Complex Risk Issues To Various Levels Of Stakeholders, Including Senior Management And Regulators. They Should Also Be Able To Build Strong Relationships And Collaborate With Cross-Functional Teams.

Required Skills
  • Risk Management

  • Financial Analysis

  • Process Improvement

  • Strategic Planning

  • Project Management

  • Data Analysis

  • Leadership skills

  • Policy Development

  • Operational excellence

  • Compliance monitoring

  • Regulatory Knowledge

  • Audit Oversight

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Teamwork

  • Active Listening

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Principal Operational Risk Oversight is $150,000 to $250,000 per year. However, this can vary depending on the company, location, and level of experience. Some senior principal operational risk oversight positions may also offer bonuses or other benefits. It is best to research specific job postings to get a more accurate salary range for a particular position.

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 PostedFebruary 19th, 2025
Apply BeforeMay 10th, 2026
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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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