Senior Manager Counterparty Restitution
Senior Manager Counterparty Restitution
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$ 106000 - 178800
1 Vacancy
Job Description
Discover. A brighter future.
With us youll 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 worlds leading digital banking and payments 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 Youll Do
Manages initiatives and individuals collaborating with business leaders and subject matter experts (such as Remediation & Restitution business partners Risk and Compliance Analytics and 3rd party vendors) to drive execution of the Discoverdefined Counterparty Remediation Plan (CRP) and a team responsible for overall management and execution of the CRP program and all related milestones. Manages processes and deliverables related to monitoring & reporting governance & process management and artifact development and management. Has a skill for storytelling using existing data and developing new metrics and insights to deliver key messages to Senior Leadership and key stakeholders. Proven experience in managing complex projects with a track record of successful planning execution and delivery. Has experience with the payments market landscape conducting analysis communicating managing and leading execution of major remediation and restitution efforts including the ability to proactively identify issues risks and challenges develop mitigation strategies and effectively engage stakeholders for solutioning. Sets the strategic vision hires the right team and motivates them to achieve business and program objectives. Works with minimal supervision.
How Youll Do It
- Leads and influences in problem solving with business partners and stakeholders in enterprise activities that have dependencies on the development and outcomes of the counterparty remediation plan such as the Legal department and Regulatory Affairs. Coordinates with crossfunctional teams and external thirdparty administrator to manage the development & execution for CRP.
- Manages and coordinates with internal team(s) and external vendors on problems and projects of diverse scope related to advancing & executing CRP program.
- Design and implement reporting (and/or analytics as required) to various stakeholders including executive management the Office of Remediation and other internal and external stakeholders to manage and monitor the counterparty remediation plan. Provides consistent status communication to management which includes applicable escalations on the execution of the counterparty remediation program. Conducts and/or interprets analysis on components of CRP strategy.
- Leads coordination of artifacts for various internal and external stakeholders including auditors and regulators as well as reporting on process execution.
- Manages a team of professionals responsible for developing and executing the restitution program and implementation strategies.
Qualifications Youll Need
The Basics
- Bachelors Business Administration and Management Finance Social Sciences or related.
- 8 years Restitution/remediation M&A investment banking business development or optimization business analysis risk management finance pricing consulting or related
- 2 years Payments financial services or related
- In lieu of degree 10 years Restitution/remediation M&A investment banking business development or optimization business analysis risk management finance pricing consulting or related
- In lieu of degree 2 years Payments financial services or related
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
- Masters Business Administration and Management
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 fulltime basis.
Application Deadline:
The application window for this position is anticipated to close on Apr292025. 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 $106000.00 to $178800.00. 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 .
What are you waiting for Apply today!
All Discover employees place our customers at the very center of our deliver on our promises to our customers each of us contribute every day to a culture that values compliance and risk management.
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)
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 .Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.
At Discover we are committed to creating an inclusive and equitable workplace through our Fair Chance Hiring practices. Fair Chance Hiring means that we base our hiring decisions on an applicants qualifications rather than their criminal record. All our positions are subject to Section 19 of the Federal Deposit Insurance Act. Our applicants go through a background check and we follow all applicable local laws including the Los Angeles County Fair Chance Hiring Ordinance (LA County Fair Chance).
Positions marked as remote eligible are limited to remote locations within the country in which the position is based.
Applicants must be 18 or older at the time of hire.
Required Experience:
Senior Manager
Employment Type
Full-Time
