Job Description

Discover. A brighter future.

With Discover, youll have the chance to make a difference at one of the worlds leading digital banking and payments companies. From Day 1, youll do meaningful work youre passionate about, with the support and resources you need for success. We value what makes each employee unique and provide a collaborative, team-based culture that gives everyone an opportunity to shine. Be the reason millions of people find a brighter financial future, while building the future you want, here at Discover.

Job Description



Responsible for the identification and management of counterparty credit risk of new and existing Payment Services partner relationships across the Discover Global Network for DN, DCI and Pulse including key Acquirers, Issuers, Networks, Processors and Merchants. Responsible for analyzing the credit risk of these partners utilizing detailed financial statement analysis, independently conducting negotiations regarding required mitigation and contract terms. The role is also responsible for providing training and guidance to less experienced team members.

Responsibilities

* Responsible for analyzing the Financial Statements of businesses in accordance with procedures to monitor, manage and evaluate the financial stability of Payment Services partner relationships.
* Manages project execution to ensure adherence to budget, schedule, and scope. Sets strategy and leads mitigation discussions through the relationship lifecycle, including bankruptcy. Innovates, closes gaps, streamlines processes, and assists with projects both internal to the team and within Payments Risk.
* Develops and maintains internal tools and databases supporting risk processes. Analyzes the portfolio for financial stability and provides training. Analyzes new business processes to identify where direct and indirect financial risk is present in the transaction flow and mitigates them.
* Collaborates with various subject matter experts (SMEs) within the first line of defense to ensure controls are adequately designed to mitigate operational and compliance risks through process monitoring functions. Serves as a liaison and supports the business unit with consulting and project management reviews. Seeks input from stakeholders who may be affected by changes in new or revised policies and procedures; provides ongoing advice, consultation, and feedback on policies and procedures.
* Ensures all systems are working within defined service-level agreements, and researches/resolves open issues.
* Creates and delivers control reports to senior leadership. Evaluates reporting and systems capabilities, and develops procedure guidelines.
* Ensures that documentation and training materials are accurate and current.

Minimum Qualifications

At a minimum, heres what we need from you:

* Bachelor's Degree in Accounting, Finance, Economics, Information Technology, Risk Management, International Business, Business, or related field
* 2+ years of experience in analyzing the Financial Statements of businesses using GAAP and/or IFRS. Commercial Credit or Acquiring, Payments, or related experience
* In lieu of a degree, 6+ years of experience in Commercial Credit or Banking, Payments or related experience

Preferred Qualifications

If we had our say, wed also look for:

* RIMS-Certified Risk Management Professional
* Certification in Control Self-Assessment
* Certified Public Accountant (CPA)

What are you waiting for? Apply today!

The same way we treat our employees is how we treat all applicants with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.

US Benefits

Work Perks:

* 24-Hour Nurse Hotline & Telehealth Services
* 7 Paid Holidays
* Adoption Assistance
* Annual Flu Shots
* Commuter Benefits
* Employee Assistance Program
* Flexible Work Environment
* Group Auto, Home and Pet Insurance
* Healthy Eating Program
* Legal Assistance Plan
* Mothers Rooms
* Onsite Emotional Health Counselors
* Onsite Fitness Centers
* Onsite Weight Watchers at Work
* Paid Parental Leave
* Professional and Leadership Development Programs
* Recognition Program
* Service Anniversary Awards
* Tuition Reimbursement

Health:

* Annual health Evaluation and Health Coaching
* Critical Illness Insurance
* Health Savings Account, Health Reimbursement Account and Flexible Spending Accounts
* Health, Vision and Dental Insurance
* Life and Accident Insurance
* Long-term and Short-term Disability Insurance
* Onsite Health Services Center with Nurse Practitioner

Financial Wellness:

* 401(k) Savings Plan with Fixed and Matching Contributions
* Employee Stock Purchase Plan
* Financial Engines
* Financial Wellness for You Learning Programs

UK Benefits

* Competitive Salary
* Competitive Pension Scheme
* Annual Incentive Scheme
* Up to 25 days annual leave per calendar year
* Private Health Care is a taxable benefits
* Annual health assessments
* Flexi Fridays
* Eye Care Vouchers
* Perks @ Work
* Ride to Work (Cycle Scheme)
* Season Ticket loan
* You Care We Share (Charity program that has matching contributions)
* Volunteering Hours
* Study Leave (5 days)
* EAP- Employee Assistance Program
* Dental plan (Taxable benefit)