Lead Auditor, Audit Practices & Services at Discover

| North Suburbs
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Discover. A brighter future.

With Discover, you’ll have the chance to make a difference at one of the world’s leading digital banking and payments companies. From Day 1, you’ll do meaningful work you’re passionate about, with the support and resources you need for success. We value what makes each employee unique and provide a collaborative, team-based culture that gives everyone an opportunity to shine. Be the reason millions of people find a brighter financial future, while building the future you want, here at Discover.

Job Description 

 

About Internal Audit
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 150 professionals globally is viewed as a critical piece of the risk management framework and is valued as a trusted voice and indispensable partner.
 

The Lead Auditor uses operational and technical skills to support the DFS Internal Audit Department objectives. The Professional Practices Lead Auditor position is responsible for supporting the operations of the Internal Audit Department including quality assurance reviews, regulatory examination management, methodology changes, projects and department initiatives, change management and audit committee reporting.

 

What You’ll Do

  • Responsible for improving and developing training plans for employees. Administer, co-ordinates and deliver training programs
  • The department training and development program and initiatives including Internal Audit New Employee Orientation, enhancing training on regulatory requirements, bringing various trainings in-house, tracking department progress on training requirements, etc.
  • Responsible for developing and coordinating People related programs such as skills assessment, resource management, etc.
  • The completion of quality assurance reviews and communicating the results
  • Changes to the department policies and procedures including ensuring alignment with the International Professional Practices Framework (IPPF), compliance to regulatory requirements, and integration with Corporate Risk programs 
  • Participate in various reporting activities, including compilation of data and metrics for quarterly reporting, issuance of audit reports, creation of quarterly reports to senior management and the DFS Audit and Risk Committee(s)
  • Change Management process including coordination of technology changes associated with the methodology updates and training on methodology changes
  • Coordinate with regulators and Law/Regulatory Relations
  • Use operational and technical skills to support DFS Internal Audit Department objectives.
  • Review business processes, identify and assess controls, and communicate results with clients.
  • Develop action plans. 
  • May occasionally support audit reviews to improve controls and efficiencies of the activities reviewed, following DFS Internal Audit methodology — audits and special reviews will be of Direct Banking (Marketing, Operations, Consumer Banking and Credit Risk Management), Human Resources, Finance, Corporate Risk Management, Payment Services, IT General Controls, IT Network and Infrastructure, Models, Corporate Support.
  • May assist audit staff through the completion of the entire audit, interview clients, review business processes, identify and assess controls, test key controls, develop findings and communicate with clients to develop and follow up on action plans.

 

How You’ll Do It

  • Plan, develop and/or implement people programs and training plan. Develop the education and awareness of all employees on people related activities
  • Facilitate courses and learning sessions with employees and contractors
  • Develop and educate audit team members, defining expectations for their performance.
  • Administer the opening, review of findings, and closing of client meetings. 
  • Lead periodic meetings with internal audit management and the business units.
  • Define for audit staff the overall audit scope, providing them with assignments and direction throughout the audit project
  • Understand how applications and related Information Technology (IT) General Controls support achievement of business processing objectives.
  • May assist with drafting findings, actions, and reporting (with the assistance of the audit staff draft the findings, actions and report)
  • May assist with communicating audit status and findings to key clients.  Work with clients to evaluate the adequacy of actions items to ensure they address the root cause.
  • Review staff audit work for completeness, effectiveness and accuracy. 
  • Use knowledge of company/industry practices and processes to define key business risks, expected controls and to assess actual controls
  • Provide audit supervisor feedback on staff performance to be incorporated into the staff job evaluation.
  • Work closely with IT, operational, compliance and financial auditors to ensure a comprehensive and coordinated effort in covering the audit entity.
  • Follow-up on assigned actions from the audit (status updates and verifications).

 

Qualifications You’ll Need

The Basics

  • Bachelor's degree in applied sciences, engineering, operations, accounting, finance, business, computer science, data science, or related field 
  • 2+ years of experience in applied sciences, engineering, operations, accounting, finance, business, computer science, data science, or related field 

 

Bonus Points If You Have

  • 4+ years of experience in applied sciences, engineering, operations, accounting, finance, business, computer science, data science, or related field 
  • Practical experience in risk based auditing, compliance, risk management activities or regulatory examinations  
  • Working experience in the financial services, banking, credit cards, or public accounting 
  • Experience in project management, Six Sigma or Agile methodologies 
  • Experience with automated work paper system (Pentana)  
  • CIA, CAMS, CRMC, CPA, CISA, or related certification
  • Demonstrate excellent verbal and written communication and exhibit strong partnering skills and ability to interact with various levels of management and external stakeholders
  • Foster a positive work environment by soliciting feedback from teammates
  • Demonstrate ability to leverage critical thinking and analytical skills
  • Flexibility to adapt to changing priorities or deliverables
  • Coach others to enhance their competence and professional development

 

#LI-AP1

 

What are you waiting for? Apply today!

 

The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.

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Location

We're headquartered in the northwest suburbs of Chicago and have a downtown Chicago office known as “The 606.”

An Insider's view of Discover

What’s the vibe like in the office?

The cool thing about working at Discover is the wonderful collaborative environment we have and all the smart, talented and fun people we work with every day to continuously work on innovations.

Hiba

AWS Cloud Engineer

What does your typical day look like?

I enjoy working at Discover because I get to work with and collaborate with talented people who are passionate about what they do, and together we get to help others. We work constructively and cross-functionally to provide the best and newest products for our users and provide exceptional support for our customers!

Mandy

Project Manager, Advanced Analytics Platform

How does the company support your career growth?

There are two reasons I enjoy working at Discover. First, I enjoy the challenging and meaningful work. Second, my career path at Discover is mine to shape. My managers have supported me when I wanted to learn more and move within the company.

George

Senior Manager, Software Engineering

What is your vision for the company?

My vision of the company is that we create rewarding experiences in lives of our customers every day through analytics.

Kumar

SVP, CDO Advanced Analytics Platforms

What’s the vibe like in the office?

I love working at Discover because of how the company invests in its people and innovation. The environment is encouraging and the smart people around you makes it an amazing experience every day!

Brent

Director, Digital Analytics

What are Discover Perks + Benefits

Discover Benefits Overview

Start enjoying great benefits Day 1 — We support you with the same dedication we bring to all of our customers. Our comprehensive benefits package features first-class insurance, financial planning support and excellent perks designed to help you reach your goals and live a rich, healthy life.

Check out more of our amazing employee benefits at mydiscoverbenefits.com

Culture
Volunteer in local community
Discover’s business is built on helping people, and we invest in the community (Blessing Backpacks, Boys & Girls Clubs, Big Brothers/Sisters) to demonstrate our commitment to a brighter future.
Partners with Nonprofits
Friends outside of work
Intracompany committees
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Diversity manifesto
Someone's primary function is managing the company’s diversity and inclusion initiatives
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
You can open a separate Health Care FSA (HCFSA) and contribute up to $2,650 tax-free from your paycheck to reimburse yourself for eligible out-of-pocket expenses.
Disability Insurance
Employees receive Short-Term Disability Insurance at no cost.
Dental Benefits
Discover offers two dental plan options — Standard and Premier — both are administered by MetLife.
Vision Benefits
Discover offers two vision plan options — Standard and Premier through VSP.
Health Insurance Benefits
Discover offers a variety of medical plans for you and eligible family members, so that you can choose the benefit plan that suits your needs.
Life Insurance
As a Discover employee, you receive Basic Life Insurance of one times your HWEE (up to $500,000) at no cost to you.
Pet Insurance
Purchase medical coverage at a discounted rate for your beloved family pet. The more pets you insure, the greater the discount.
Wellness Programs
Help balance your work and personal life with a wide variety of free and discounted resource and referral services including family and relationship counseling and financial guidance.
Onsite Gym
Discover has fitness centers and Weight Watchers® programs at all five major locations.
Mental Health Benefits
Retirement & Stock Options Benefits
401(K)
You may elect to contribute 1% to 30% of your eligible base salary, commissions and bonus on a pre-tax basis, up to IRS limits every year.
401(K) Matching
Discover matches up to 6% of the pre-tax contributions you make to the 401(k) Plan.
Employee Stock Purchase Plan
The ESPP provides eligible employees with an opportunity to purchase shares of Discover common stock through payroll deductions at a 5% discount.
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Adoption Assistance
Discover helps eligible employees and their families with the costs of adoption by reimbursing certain expenses.
Vacation & Time Off Benefits
Generous PTO
Discover has a Paid Time Off of 4 to 5 Weeks of paid time per year.
Paid Volunteer Time
Paid Holidays
Discover provides 7 paid holidays.
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
When you enroll in the Commuter Benefits Program at WageWorks, you’ll save on taxes on mass-transit passes, parking and other eligible expenses.
Company Outings
Game Room
Parking
Recreational Clubs
Relocation Assistance
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Discover provides tuition reimbursement and a full-ride bachelor's degree program for select online degree programs.
Diversity Program
Lunch and learns
Cross functional training encouraged
Promote from within
Mentorship program
Continuing Education stipend
Time allotted for learning
Online course subscriptions available
Paid industry certifications
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