Senior Risk Specialist | Retail Bank

Discover Financial
Richmond
Full timeUSD 87,700 - 100,100 annuallyFunction: Legal, Risk & ComplianceExperience: 1+ yearsSkills: ["Communication","Analytical skills","Problem-solving","Risk and control mindset","Judgment","Root cause analysis","Influencing stakeholders","Quality assessment","Verbal and written communication","Inquiry and analysis"]

Lead first-line control testing within the Retail Risk Office Control Testing Program, supporting Retail Bank and Premium Products + Shopping business areas. Use a strong risk-and-control mindset to assess control design and operating effectiveness, validate remediation from audits and regulatory exams, and identify gaps through root-cause analysis. Collaborate with process owners and risk partners to recommend control enhancements, perform quality reviews of test results, and report control suite effectiveness to accountable executives.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
Discover Financial
Discover Financial
1 week ago

Senior Risk Specialist | Retail Bank

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 1 hour agoStatus: Live

Job Summary

Lead first-line control testing within the Retail Risk Office Control Testing Program, supporting Retail Bank and Premium Products + Shopping business areas. Use a strong risk-and-control mindset to assess control design and operating effectiveness, validate remediation from audits and regulatory exams, and identify gaps through root-cause analysis. Collaborate with process owners and risk partners to recommend control enhancements, perform quality reviews of test results, and report control suite effectiveness to accountable executives.
Location: Richmond
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Collaborate with Process Owners and Risk Advisors to assess control activities and recommend control enhancements.
  • •Assess the design and operations of control activities (1st Line control testing) and perform quality reviews of testing results.
  • •Identify and support remediation of control environment gaps resulting from regulatory and internal policy updates.
  • •Partner with business and risk office teams on root cause analysis for ineffective control results.
  • •Validate remediation effectiveness for issues from Audits, Regulatory Exams, and other assessments, and report status to key stakeholders.

Pay and Benefits

Salary: USD 87,700 - 100,100 annually

Key Requirements

  • •At least 1 year of experience in Control Testing or Risk Management.
  • •At least 1 year of experience in Financial Services, Audit, or Risk Management.
  • •At least 1 year of experience supporting internal business clients.
  • •2+ years of experience in Project or Process Management (preferred).
  • •2+ years of experience in Controls Testing or Risk Management (preferred).
Experience:1+ yearsFinancial servicesAuditRisk management
Skills:CommunicationAnalytical skillsProblem-solvingRisk and control mindsetJudgmentRoot cause analysisInfluencing stakeholdersQuality assessmentVerbal and written communicationInquiry and analysis

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn