Due Diligence Specialist ( Risk Assessment Coordination )

Discover Financial Services, Inc.; Illinois; On-site; USD 67,000 - 113,000; Full time

Job summary

Join a forward-thinking company where you can make a real impact from day one. In this role, you will be responsible for coordinating due diligence and managing risk reviews for payment partners, ensuring compliance across various disciplines. With a collaborative culture that values uniqueness, you will have the opportunity to grow and contribute to meaningful projects that help millions achieve a brighter financial future. This position offers a competitive salary and a comprehensive benefits package, making it an exciting opportunity for those looking to advance their careers in the financial services industry.

Benefits

Paid Parental Leave

Paid Time Off

401(k) Plan

Medical, Dental, Vision, & Health Savings Account

Short and Long Term Disability

Life Insurance

Accidental Death & Dismemberment Insurance

Recognition Program

Education Assistance

Commuter Benefits

Qualifications

• 2+ years of experience in financial services or related fields.
• In lieu of education, 6+ years in risk management or payment services.

Responsibilities

• Coordinate due diligence and periodic reviews on payments partners.
• Ensure compliance and manage risk review programs.

Skills

Risk Management

Financial Services

Regulatory Compliance

Project Management

Education

Bachelor's in Business Administration

Bachelor's in Information Technology

Bachelor's in Accounting

Bachelor's in Finance

Bachelor's in Engineering

Bachelor's in Security and Intelligence

Job description

With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

Come build your future, while being the reason millions of people find a brighter financial future with Discover.

Job Description:

What You'll Do

Responsible for coordinating and conducting new due diligence and periodic review on Payments partners which encompass multiple risk disciplines and engage numerous internal and external business partners. Acts as risk contact for various topics including regulatory risks for both internal and external partners.


How You'll Do It

• Plans, directs, and coordinates risk review programs for existing partners to control risks and ensure compliance.

• Collects and maintains partner review documentation and feedback to ensure regulatory compliance.

• Manages, maintains and enhances the system of record listing ensuring accuracy and completeness of data collected and retained.

• Creates accurate and timely reporting of all reviews for internal business partners and senior management in order to provide transparency and identify processing delays.

Qualifications You'll Need

The Basics

• Bachelors Business Administration and Management, Information Technology, Accounting, Finance, Engineering, Security and Intelligence

• 2+ years Financial Services, or related experience

• In Lieu of education: 6+ years Financial Services, Risk Management, Payment Services/Card industry, or related experience

Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

• Primarily remain in a stationary position.

• No required movement about the work environment to complete the major responsibilities of the job.

• Primarily performed indoors in an office setting.

• Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.

Bonus Points If You Have

• 4+ years Financial Services, Risk Management, Payment Services/Card industry, or related experience

• Professional Project Management Upon Hire

Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.

Application Deadline: The application window for this position is anticipated to close on Apr-26-2025. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.

Compensation: The base pay for this position generally ranges between $67,000.00 to $113,000.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

Benefits: We also offer a range of benefits and programs based on eligibility. These benefits include:

• Paid Parental Leave

• Paid Time Off

• 401(k) Plan

• Medical, Dental, Vision, & Health Savings Account

• Short and Long Term Disability, Life, and Accidental Death & Dismemberment insurances

• Recognition Program

• Education Assistance

• Commuter Benefits

• Family Support Programs

• Employee Stock Purchase Plan

Learn more at mydiscoverbenefits.com.

What are you waiting for? Apply today!