Manager Operational Risk

Manager Operational Risk
Remote
R24682
About This Role
Discover. A brighter future.
With us, you'll do meaningful work from Day 1. Ourcollaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together.And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.
Come build your future, while being the reason millions of people find a brighter financial future with Discover.
Job Description
Responsibilities
- Designs and employs state-of-the art statistical analysis and econometric modeling techniques to assist Corporate Fair Lending and all relevant business units (fair lending officers and fair lending committees) in their compliance with DFS's Fair Lending Policy and all Fair Lending laws and regulations.
- Develops, runs, and maintains in-house fair lending statistical and analytical programs for identifying fair lending risks through the entire credit lifecycle, including marketing, underwriting, pricing, and loss mitigation. Includes also identifying fair lending risks in score cards and other analytical models for DFS'sconsumer businesses.
- Continually evaluates internal and external practices, including regulatory and peer institution practices, to ensure DFS is using best-in-class statistical and analytical methods, while adhering to regulatory requirements. Applies knowledge of current banking functions, policies, and procedures to analytical work.
- Communicates with business management regardingthestatistical testing results,filesreviews and any possible exceptions. Collaborates with the business to track and implement any corrective action or control enhancement recommended as a result of statistical analysis or comparative file reviews.
- Prepares and presents statistical results and data sets for analysis in support of regulatory requests and examinations. Works with examiners and business units to resolve any questions related to analytical methodology or data integrity.
- Promotes a risk-aware culture, ensuresefficient and effective risk and compliance management practices by adhering to required standards and processes.
Minimum Qualifications
At a minimum, here's what we need from you:
- Bachelor's Degree in Risk Management, Compliance, Business
- 4 years ofexperience inApplied Microeconomics, Statistics, Mathematics, Computational Analysis,orotherquantitativefield
Preferred Qualifications
If we had our say, we'd also look for:
- Master's Degree in Risk Management, Compliance, Business
- 6 years ofexperience inApplied Microeconomics, Statistics, Mathematics, Computational Analysis,orotherquantitativefield
- Certification in ControlSelf Assessment
What are you waiting for? Apply today!
All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.
Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights)