Risk Manager - Network Participant Risk Oversight: Testing & Monitoring

Discover Financial
Richmond, Virginia, New York, Illinois
Workplace: OnsiteFull timeUSD 138,100 - 157,700 annuallyFunction: Legal, Risk & ComplianceExperience: 4+ yearsEducation: high_schoolSkills: ["Self-motivated","Project management","Analytical skills","Communication","Collaboration"]

Join the newly created Network Participant Risk Management (NPRM) team within Operational Risk Management (second line of defense). Help build the NPRM testing and monitoring program, perform risk testing with detailed data analysis, and challenge first-line decisioning for network participant risk. Serve as a subject matter expert to risk functions, validate issue/event trends, document and communicate challenge outcomes, and collaborate across organizations to strengthen governance and remediation.

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Discover Financial
Discover Financial
1 day ago

Risk Manager - Network Participant Risk Oversight: Testing & Monitoring

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Source: Company careers pageValidated by: Fursa AI
Last checked: 5 hours agoStatus: Live

Job Summary

Join the newly created Network Participant Risk Management (NPRM) team within Operational Risk Management (second line of defense). Help build the NPRM testing and monitoring program, perform risk testing with detailed data analysis, and challenge first-line decisioning for network participant risk. Serve as a subject matter expert to risk functions, validate issue/event trends, document and communicate challenge outcomes, and collaborate across organizations to strengthen governance and remediation.
Location: Richmond, Virginia, New York, Illinois
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Manager level

Key Responsibilities

  • •Support development and execution of the NPRM testing and monitoring strategy.
  • •Perform testing and monitoring of first-line network participant risk management using detailed data analysis to identify risks and drive remediation planning.
  • •Serve as a subject matter expert to Business Risk Office (BRO) and Independent Risk Management (IRM) functions and challenge implementing risk management practices.
  • •Execute challenge activities, ensure results are documented and communicated, and perform validation data analysis including trending and problem identification.
  • •Consult on issue/event analysis and reporting to observe trends, provide insights, and collaborate with stakeholders across organizations.

Pay and Benefits

Salary: USD 138,100 - 157,700 annually

Key Requirements

  • •At least 4 years of risk management experience in the financial services industry.
  • •At least 2 years of payment network experience.
  • •At least 2 years of experience in third-party risk or risk governance oversight.
  • •At least 2 years of risk management, compliance, or legal oversight experience.
  • •High School Diploma, GED, or equivalent certification.
Experience:4+ yearsFinancial servicesRisk managementThird-party risk
Education:High School
Skills:Self-motivatedProject managementAnalytical skillsCommunicationCollaboration
Certifications:Certified Third-Party Risk Professional (CTPRP)

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