drjobs Principal Payments Restitution - Program Execution

Principal Payments Restitution - Program Execution

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1 Vacancy
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Job Location drjobs

Riverwoods, IL - USA

Monthly Salary drjobs

$ 91000 - 153400

Vacancy

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

Collaborates 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 Discover-defined Counterparty Remediation Plan (CRP) and deliverables. Owns in coordination with business partners and subject matter expertsthe execution of the CRP workplan including completion of all milestones and development & memorialization of related artifacts. Takes full ownership of resolution or blockers and successful completion of the CRP. Manages processes related to CRP including governance exceptions and issues. Has experience with the payments market landscape conductinganalysis communicating managing and facilitating restitution claims and leading execution of business growth business development and/or business optimization activities.




Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

How Youll Do It

  • Coordinates and supports problem-solving with cross-functional teams and external third-party administrator to manage the development & execution for CRP.
  • Works on problems and projects of diverse scope related to advancing & executing CRP program.
  • Writes presentation materials and reporting (and/or analytics) to various stakeholders including executive management the Office of Remediation and other internal and external stakeholders to manage and monitor the counterparty remediation plan.
  • Leads coordination and/or creation of artifacts and responses for various internal and external stakeholders including auditors and regulators as well as tracking process execution.
  • Conducts and /or interpret analysis on components of CRP strategy.


Qualifications Youll Need

Minimum Requirements

  • Bachelors Business Administration and Management Finance or related.
  • 6 years Restitution/remediation M&A investment banking business development or optimization business analysis consulting risk management finance pricing or related
  • 2 years Payments financial services or related


In Lieu of Education Experience

  • 8 years Restitution/remediation M&A investment banking business development or optimization business analysis consulting risk management finance pricing or related
  • 2 years Payments financial services or related


Preferred Requirements

  • Masters Business Administration and Management


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.
  • Ability to communicate verbally. Ability to communicate in written form.
  • Travel Requirements - No


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 Jun. 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 $91000.00 to $153400.00. 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 a division of Capital One N.A. 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:

Staff IC

Employment Type

Full-Time

About Company

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