at Discover in Riverwoods, Illinois, United States
Job Description
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:
Discover’s Internal Audit (IA) Department has a commitment to provide insightful perspectives, leverage specialized talent, and deliver a refreshing experience to all of our stakeholders. This commitment is met through collaborative, hard-working, highly motivated, and technically skilled professionals who consistently deliver high-quality work in a challenging and fast-paced environment. IA brings a consultative and progressive approach to their work, which is predicated on a culture of enhancing risk management and business outcomes for Discover, actively contributing to the development of its professionals, and embracing a mindset of innovation and continuous improvement. The department of approximately 180 professionals globally is viewed as a critical piece of the risk management framework and is valued as a trusted voice and indispensable partner.
As a Senior Manager of Audit Methodology and Issue Management, you’ll lead a team of professionals to manage all aspects of updating, communicating and training audit methodology and concepts. This includes monitoring and incorporating enterprise-wide, industry and regulatory changes, and ensuring audit teams are trained on audit methodology and concepts leading to the effective execution of audit responsibilities.
Additionally, responsible for supervision over issue management. Provides guidance and project management to ensure issues are monitored, progress toward appropriate closure, reporting, and escalation of concerns or delays in closure.
Develops and coaches teams to be able to appropriately interpret audit methodology, effectively interact with the audit teams answering questions and challenging interpretation, communicate and train effectively, project manage issue closure, and identify concerns and escalation process.
Responsibilities
The Senior Manager of Audit Methodology and Issue Management plays a pivotal role in ensuring the success of Internal Audit as a function and ensuring value is provided to the company. Additionally, this role will support the function with maturing its collaboration with audit teams, as well as building and maturing the reporting capabilities for Senior Management and the Board.
Additional responsibilities include:
+ Manage the audit methodology, ensuring the methodology conforms with industry standards and principals, and regulatory standards. Ensure methodology is sufficiently detailed, structured, and accessible to be functional for all levels of internal auditors.
+ Monitor emerging issues and changes in the industry and enterprise-wide standards having an impact on the practice of internal audit and incorporate into the methodology as appropriate.
+ Ensure an effective and collaborative communication and training to audit team members. Communication and training should be timely and comprehensive.
+ Report methodology changes to Sr. Management and Audit Committee for approval.
+ Assist with documentation requests in connection with external quality assurance review and regulatory exams related to audit methodology and issue management.
+ Contribute to ad hoc projects to support department strategic initiatives.
+ Monitor issue management for appropriate progress and closure. Create appropriate project management documentation enabling team members ease of use for monitoring and resolution of line items. Work with team members to address questions.
+ Develop appropriate reporting to senior management, communicating open issues, and progress and delays to closure. Escalate issue closure obstacles to senior management timely.
+ Manage the development of the team. Manage the on-boarding and training of new staff. Identify and address staff training and development needs.
Minimum Qualifications
At a minimum, here’s what we need from you:
+ Bachelor’s Degree in Social Sciences, Engineering, Business, Accounting, Finance, Information Technology, Analytics, or related field
+ 8+ years of experience in Applied Sciences, Engineering, Operations, Accounting, Finance, Business, Computer Science, Data Science, or related field
+ 2+ years of people management, or related experience
Preferred Qualifications
If we had our say, we’d also look for:
+ 4+ years of Audit Practices experience within large Bank/Financial Services organizations
+ Master’s Degree in Social Sciences, Engineering, Business, Accounting, Finance, Information Technology, Analytics, or related field
+ 2+ years leading public accounting or consulting firm, regulatory agency, highly regulated environment, Six Sigma, leading people in cross-cultural/international teams, or related experience
+ Business, Six Sigma, Risk, STEM, or related certifications
\#Remote
Application Deadline:
The application window for this position is anticipated to close on Jul-17-2024. 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 $103,000.00 to $174,200.00. 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
+ STD, Life, LTD and AD&D
+ 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!
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 & Pay Transparency Nondiscrimination Provision) (https://www.dol.gov/agencies/ofccp/posters)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email HireAccommodation@discover.com . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.
