Job Information
Discover Principal Compliance Specialist in Riverwoods, Illinois
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:
The Principal Compliance Advisory role will be responsible for compliance advisory activities specific to applicable regulatory requirements impacting the respective business line or corporate function. This includes identification and advising on compliance risks and mitigants in the context of issues management and remediation; regulatory change management; business change management for products, services, and systems; policies and procedures; Risk and Control Self Assessments; and third-party oversight and training. In addition to these core advisory functions, the Principal Compliance Advisory will have periodic involvement in regulatory exams, including drafting and reviewing exam responses. In executing these functions, the Principal Compliance Advisor is expected to collaborate closely with other colleagues within Compliance, Corporate Risk Management, the Legal Organization, other lines of business and corporate functions and risk officers.
Responsibilities:
Maintains and enhances department or functional units in support of the overall compliance program components.
Assists with research of regulatory compliance requirements and evaluating the adequacy of business policies, procedures, training and reference materials, system and manual processes.
Assists with the identification and assessment of compliance program risks and controls.
Supports management in the development, implementation, and maintenance of compliance programs and a culture of compliance.
Assists with the preparation of status reports of program initiatives, activities, and compliance issues to management and committees.
Minimum Qualifications:
At a minimum, here’s what we need from you:
Bachelor's Degree in Business Administration and Management, Security and Intelligence, Law, Information Technology, Analytics, or Finance.
6+ years of experience in compliance, law, risk management, or related field.
In lieu of a degree, 10+ years of experience in compliance, law, risk management, or related field.
Preferred Qualifications:
If we had our say, we’d also look for:
Master's Degree in Business Administration and Management, Security and Intelligence, Law, Information Technology, Analytics, or Finance.
8+ years of experience in compliance, law, risk management, or related field.
Certified Regulatory Compliance Manager
JD, CISA, CIPP, CRMP, PMP, RIMS, or similar license/certification
Application Deadline:
The application window for this position is anticipated to close on Nov-02-2024. 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 $88,500.00 to $149,300.00. 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.