Full Job Description
Discover Financial Services is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 190 countries and territories.
Discover’s vision is to be the leading direct bank and payments partner and its mission is to help people spend smarter, manage debt better and save more so they achieve a brighter financial future.
At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers, and which is consistently awarded for both. We’re all about people and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.
The Internal Audit Director uses operational and technical skills to support the DFS Internal Audit Department objectives. The Internal Audit Director will follow the DFS Internal Audit methodology providing strategic direction on the audits of coverage area, ensure a high quality of the audit work and audit reports, appropriately allocate audit staff 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 coverage area and be able to make adjustments based on needs and changes.
The audits and special reviews will be of the IT General Controls, Information Security, IT Network, and Infrastructure, with an objective to improve controls and efficiencies of the activities reviewed.
Supervise the execution of the audit plan that results in audit reports that are high substantive quality, well drafted and communicated, and delivered on schedule – all in conformity with department policy and procedures
Approve the direction on the audit planning, execution/testing strategy, reporting
Effective challenge of the audit work
Attend client meetings as necessary
Ensure action status follow-ups and verifications are completed on time
Appropriately allocate audit staff in accordance with the pre-determined audit plan and budget hours and be able to adapt allocation of resources when audit plan changes.
Development of the annual audit universe for coverage area and be able to make adjustments based on needs and changes.
Conduct and approve annual risk assessments for assigned coverage area
Provide ongoing monitoring and maintenance of the audit plan. Recommend changes to plan as business developments arise.
Keep on the top of industry best practices and competitive environment, regulatory changes and be able to assess impact on the audit plan.
Keep on the top of company initiatives, developments of the coverage area(s) to assess impact on the audit plan and share it with reporting staff across of the department
Supervise the follow up of Audit Finding Action for your areas of responsibility
Demonstrate in depth knowledge of best practices and concepts within the area of expertise
Exercise influence on the risk culture for the respective business units
Governance and Audit Committee Reporting:
Develop high quality audit committee materials (results / themes) that create dialogue and ensure proper focus on key risks.
Participate in assigned risk committees, and use the material from these committees to inform the internal audit coverage model.
Ensure all regulatory findings are effectively validated.
Assign roles to staff that allows for their professional development. Manage staff development and job satisfaction, resulting in improved Employee Opinion Survey scores.
Conduct monthly direct report and family meetings
Be able to assess audit staff skills and address short- and long- term needs and assess a need of vendor co-sourcing resources.
Develop skill sets by meeting required training and obtaining advanced degrees and/or certification pursuant to department guidelines
Contribute to Department Initiatives to improve Internal Audit processes and assist the department in achieving its purpose and meeting its goal
Provide Strategic Oversight for all the audits in area of portfolio responsibilities
Develop the strategic direction for respective areas within the audit universe
Own, Capture and assess Information Security risks for the enterprise via audits to provide 3rd line assessment of Enterprise Information Security maturity and effectiveness.
Own, Capture and assess IT risks for finance and operation audits to provide a full It integration into Internal Audits
Bachelor Degree (Computer Science, Management information Systems, Information Security/Assurance, or similar)
10+ years related Information Security assurance, audit, risk management, or Information Technology/Information Security
Practical experience in Information Security, risk management activities, audit, or regulatory examinations helpful
Experience leading a team of at least five people for at least five years
Experience in Financial Services, Banking, Credit Card or Public Accounting/Consulting preferred
Individuals that have achieved professional credentials preferred CISA/CISM, CISSP, CIA or other relevant certification
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.
24-Hour Nurse Hotline & Telehealth Services
7 Paid Holidays
Annual Flu Shots
Employee Assistance Program
Flexible Work Environment
Group Auto, Home and Pet Insurance
Healthy Eating Program
Legal Assistance Plan
Onsite Emotional Health Counselors
Onsite Fitness Centers
Onsite Weight Watchers at Work
Paid Parental Leave
Professional and Leadership Development Programs
Service Anniversary Awards
Annual health Evaluation and Health Coaching
Critical Illness Insurance
Health Savings Account, Health Reimbursement Account and Flexible Spending Accounts
Health, Vision and Dental Insurance
Life and Accident Insurance
Long-term and Short-term Disability Insurance
Onsite Health Services Center with Nurse Practitioner
401(k) Savings Plan with Fixed and Matching Contributions
Employee Stock Purchase Plan
“Financial Wellness for You” Learning Programs