Risk Manager - Network Participant Risk Oversight: Testing & Monitoring

Discover Financial
Richmond, New York
Workplace: OnsiteFull timeUSD 138,100 - 157,700 annuallyFunction: Legal, Risk & ComplianceExperience: 4+ yearsEducation: high_schoolSkills: ["Analytical skills","Problem-solving","Communication","Collaboration","Influencing"]

Join the Network Participant Risk Management (NPRM) team within Operational Risk Management to build and execute the second line of defense Network Participant Risk Oversight program. You will perform testing and monitoring for first line risk-taking decisions, conduct data analysis to identify risks and remediation needs, and provide subject-matter expertise and challenge to Business Risk Office and Independent Risk Management functions. You will also document findings, communicate insights, and support issue/event analysis across stakeholders.

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FursaFursa
Discover Financial
Discover Financial
1 month ago

Risk Manager - Network Participant Risk Oversight: Testing & Monitoring

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Source: Company careers pageValidated by: Fursa AI
Last checked: 2 hours agoStatus: Live

Job Summary

Join the Network Participant Risk Management (NPRM) team within Operational Risk Management to build and execute the second line of defense Network Participant Risk Oversight program. You will perform testing and monitoring for first line risk-taking decisions, conduct data analysis to identify risks and remediation needs, and provide subject-matter expertise and challenge to Business Risk Office and Independent Risk Management functions. You will also document findings, communicate insights, and support issue/event analysis across stakeholders.
Location: Richmond, New York
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance

Key Responsibilities

  • •Support development and execution of the NPRM testing and monitoring strategy.
  • •Perform testing and monitoring of first line network participant risk management, including detailed data analysis and remediation planning.
  • •Serve as a subject matter expert to Business Risk Office (BRO) and Independent Risk Management (IRM) functions in operational risk assessment.
  • •Challenge and provide guidance on implementing network participant risk management practices and policies/standards.
  • •Document and communicate challenge results, conduct validation data analysis (trending, problem identification), and support issue/event analysis and reporting.

Pay and Benefits

Salary: USD 138,100 - 157,700 annually

Key Requirements

  • •High School Diploma, GED, or equivalent certification.
  • •At least 4 years of risk management experience within 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.
Experience:4+ yearsFinancial servicesPaymentsThird-party risk
Education:High School
Skills:Analytical skillsProblem-solvingCommunicationCollaborationInfluencing
Certifications:Certified Third-Party Risk Professional (CTPRP)
Tech Stack:PowerPointGoogle Slides

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