Discover. A brighter future.

　　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:

　　Uses operational and technical skills to support the Department objectives. Follows the Audit methodology providing strategic direction on the audits of Model Development and Risk Management, ensure a high quality of the audit work and audit reports, appropriately allocate audit staff (including model validation and data sciences specialists) in accordance with the pre-determined audit plan and budget hours and be able to adapt allocation of resources when audit plan changes, develop the annual audit universe for modeling and model risk areas and be able to make adjustments based on needs and changes. Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.

　　Responsibilities:

　　Provides strategic guidance and expertise on the vision and execution of the model audits program. Supervise model audits and integrated reviews of model by applying knowledge of (company/industry/IT/Data) best practices and processes to ensure proper strategic alignment. Provides input and ensures proper identification and assessment of key model risks and controls. Produces findings/reports that are high substantive quality; well drafted, communicated, and delivered on schedule in conformity with department policy and procedures.Provides execution and ongoing maintenance of the model audit plan. Executes the approved Audit Plan on schedule while maximizing audit resources. Recommends changes to plan as business developments arise. Supervises the Audit Finding Action Status Updates / Verification / ORE verification for your areas of responsibility.Ensures regulatory items are effectively completed, validated, documented, and reported timely. Ensures adequate participation in exams and effective verification of closed regulatory items.Supports, supervises, and develops staff as part of career development initiatives including rotation programs within Discover, Change Initiative etc. Staff audits and reviews with appropriately skilled resources. Assign roles to staff that allows for their professional development. Manages staff development and job satisfaction, resulting in improved EOS scores.Supervises, in accordance with department policies and procedures, the execution of model audits.Executes activities and committee meetings across the enterprise, including effective and timely reporting in line with regulator expectations.Participates in and support department strategic initiatives based on defined governance structure (for specific initiative) to improve Internal Audit processes.

　　Minimum Qualifications:

　　Bachelor's degree in either Social Sciences, Engineering, Business, Accounting, Finance, Information Technology, or Analytics.10+ years of experience in Applied Sciences, Engineering, Operations, Accounting, Finance, Business or related field, Computer Science, and Data Science.2+ years of people management, or related experience.

　　Preferred Qualifications:

　　MBA or Master's degree in either Statistics, Economics, Computer Sciences, Social Sciences, Engineering, Business, Accounting, Finance, Information Technology, or Analytics.4+ years of experience leading public accounting or consulting firm, highly regulated environment, payment network and related technology services, Six Sigma, leading people in cross-cultural/international teams, or related experience.6+ years of "Big Bank" or "Big Four" experience in Model Audits, Model Risk Management, Development of Validation of models support Credit Decisioning, Loss Forecasting, Capital Planning, CECL, AML/BSA/KYC and Fraud Prevention etc.Intimately familiar with SR 11-7 and emerging regulations related to Machine Learning, Artificial Intelligence, Model Operations in Cloud Environment, model-related Cyber and Data Risks.Experienced in Regulatory exams and Issue Validation related to Models or Model Usages (Capital Planning, Fair Lending, AML, Credit Risk Management etc.).Effective communication and relationship management with regulators, modeling, MRM groups internally and externally.Can set strategic vision for Model Audit Program and drive continuous improvement within Audit Methodology and Operations Framework.Certifications in Business, Six Sigma, Risk, STEM, or related certifications such as CPA or CIA.

　　Application Deadline:

　　The application window for this position is anticipated to close on Dec-10-2023. 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 $150,500.00 to $228,900.00. 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 LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee Stock Purchase Plan

　　Learn more at MyDiscoverBenefits.com.

　　What are you waiting for? Apply today!

　　All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

　　Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights)