Business Manager - Operational Risk Capital

Discover Financial
Richmond
Workplace: OnsiteFull timeUSD 164,800 - 188,100 annuallyFunction: Legal, Risk & ComplianceExperience: 3+ yearsEducation: bachelorsSkills: ["Strategic decision-making","Problem solving","Leadership","Communication","Results orientation"]

Lead development of operational risk loss deliverables for CCAR by partnering with Modeling, Scenario Analysis, Legal, and risk/finance teams. Drive consensus among stakeholders, validate the consistency and defensibility of analytics, and use judgment to secure key decisions. Manage fast-paced deliverables and identify continuous improvements while supporting capital allocation across lines of business as managerial capital.

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FursaFursa
Discover Financial
Discover Financial
1 month ago

Business Manager - Operational Risk Capital

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Last checked: 2 hours agoStatus: Live

Job Summary

Lead development of operational risk loss deliverables for CCAR by partnering with Modeling, Scenario Analysis, Legal, and risk/finance teams. Drive consensus among stakeholders, validate the consistency and defensibility of analytics, and use judgment to secure key decisions. Manage fast-paced deliverables and identify continuous improvements while supporting capital allocation across lines of business as managerial capital.
Location: Richmond
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Manager level

Key Responsibilities

  • •Lead operational risk loss deliverables for CCAR by collaborating with Modeling, Scenario Analysis, Legal, and other teams.
  • •Drive consensus across competing stakeholder opinions, cutting through ambiguity to reach decisions.
  • •Analyze results for consistency and soundness; triangulate defensibility using internal and external supporting data.
  • •Develop and apply judgment, intuition, and relationships to support key capital-related decisions.
  • •Manage deliverables in a fast-paced environment and identify continuous improvements for the team.

Pay and Benefits

Salary: USD 164,800 - 188,100 annually

Key Requirements

  • •At least 3 years of professional experience performing analysis.
  • •Currently has, or is in the process of obtaining, a quantitative bachelor’s or master’s degree (or an MBA with a quantitative concentration).
  • •Experience in operational risk management or business operations (2+ years) and financial services (2+ years).
  • •Experience with data analytics tools (e.g., Python, SQL), BI platforms (Tableau), and Excel.
  • •People leadership experience (1+ years) and ability to manage fast-paced deliverables.
Experience:3+ yearsOperational risk managementFinancial servicesFinancial modelingManagement consultingData analytics
Education:Bachelor's
Skills:Strategic decision-makingProblem solvingLeadershipCommunicationResults orientation
Tech Stack:PythonSQLTableauExcel

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