Principal Associate, Operational Risk Management, Third Party Risk Manager (TPRM)

Discover Financial
Richmond
Workplace: OnsiteFull timeUSD 109,900 - 125,400 annuallyFunction: Legal, Risk & ComplianceExperience: 3+ yearsEducation: bachelorsSkills: ["Communication","Stakeholder management","Risk remediation","Governance","Process management"]

Drive the Third Party Risk Management (TPRM) governance strategy within the Operational Risk Management second line of defense. Own key framework activities, including the annual TPRM risk oversight self-assessment, process criticality assessments, risk issue remediation, and maintenance of TPRM risk taxonomies and process diagnostics. Serve as an internal subject matter expert across internal audits, regulatory examinations, and international TPRM requirement applicability, partnering with leadership to ensure mandate compliance.

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FursaFursa
Discover Financial
Discover Financial
4 days ago

Principal Associate, Operational Risk Management, Third Party Risk Manager (TPRM)

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Last checked: 17 hours agoStatus: Live

Job Summary

Drive the Third Party Risk Management (TPRM) governance strategy within the Operational Risk Management second line of defense. Own key framework activities, including the annual TPRM risk oversight self-assessment, process criticality assessments, risk issue remediation, and maintenance of TPRM risk taxonomies and process diagnostics. Serve as an internal subject matter expert across internal audits, regulatory examinations, and international TPRM requirement applicability, partnering with leadership to ensure mandate compliance.
Location: Richmond
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Support enterprise TPRM policies and standards across the full lifecycle.
  • •Lead execution of the annual TPRM risk oversight program self-assessment and process criticality assessments.
  • •Act as the primary TPRM subject matter expert on requirement applicability and guide business and partner risk assessments.
  • •Own and lead end-to-end remediation of TPRM-related risk issues to implement sustainable solutions.
  • •Facilitate audits, regulatory examinations, and process level assessments and support mandate owners with requirement fulfillment and annual attestations.

Pay and Benefits

Salary: USD 109,900 - 125,400 annually

Key Requirements

  • •Bachelor’s degree or military experience.
  • •At least 3 years of experience in Operational Risk Management, Third-Party Risk Management, Compliance, or Audit within a financial institution or regulated industry.
  • •At least 2 years of experience in process management governance.
  • •4+ years of experience in a dedicated Third-Party Risk Management (TPRM) role focused on overall risk framework, governance, and policy.
  • •Excellent written and verbal communication skills to influence stakeholders and synthesize complex risk concepts for leadership.
Experience:3+ yearsFinancial servicesRegulated industry
Education:Bachelor's
Skills:CommunicationStakeholder managementRisk remediationGovernanceProcess management

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