Sr. Business Director, Credit Settlement Risk (Global Payment Network)

Discover Financial
New York, Chicago
Workplace: OnsiteFull timeFunction: Banking, Lending & CreditEducation: bachelorsSkills: ["Leadership","Mentoring","Strategic communication","Strategic influencing","Negotiation"]

Lead the Global Payment Network’s Credit Settlement Risk team and define next-generation risk frameworks for modern payments. Build and mentor a team of credit analysts and portfolio managers, own the program for managing settlement credit risk with 1st Line and 2nd Line partners, and oversee collateral, collections, and end-to-end recovery. Partner with product and finance to mitigate settlement risks in evolving payment flows while ensuring compliance, operational health, and proactive risk advisory to roadmap teams.

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Discover Financial
Discover Financial
1 day ago

Sr. Business Director, Credit Settlement Risk (Global Payment Network)

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Last checked: 2 hours agoStatus: Live

Job Summary

Lead the Global Payment Network’s Credit Settlement Risk team and define next-generation risk frameworks for modern payments. Build and mentor a team of credit analysts and portfolio managers, own the program for managing settlement credit risk with 1st Line and 2nd Line partners, and oversee collateral, collections, and end-to-end recovery. Partner with product and finance to mitigate settlement risks in evolving payment flows while ensuring compliance, operational health, and proactive risk advisory to roadmap teams.
Location: New York, Chicago
Workplace: Onsite
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Director level

Key Responsibilities

  • •Lead the Global Payment Network Credit Settlement Risk team and overarching risk management framework.
  • •Build, manage, and mentor a high-performing team of credit analysts and portfolio managers to assess and monitor exposures.
  • •Own the program for managing credit settlement risk in partnership with 1st Line business, Finance, and 2nd Line risk teams.
  • •Oversee credit collateral requirements, collections, and end-to-end recovery processes.
  • •Collaborate with product and finance to assess and mitigate risks related to settlement of funds in new and evolving payment flows.

Key Requirements

  • •Bachelor’s degree
  • •At least 5 years of experience performing quantitative analysis
  • •At least 5 years of experience performing qualitative analysis
  • •At least 3 years of experience performing people management
  • •At least 3 years of experience performing project management
Experience:Global paymentsCredit riskRisk managementFinancial modeling
Education:Bachelor's
Skills:LeadershipMentoringStrategic communicationStrategic influencingNegotiation

Eligibility

Work Authorization:Sponsorship available.

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