Job Information
Discover VP, Compliance Effective Challenge 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 VP of Compliance Effective Challenge will conduct independent review and effective challenge of workplans, executed corrective actions and artifacts demonstrating business closure and compliance with laws, rules and regulations and operational effectiveness, provide thematic analysis, assessment of independent third-party reviews and of business completion in addressing the third-party recommendations. The VP will communicate the assessments to executive stakeholders, the Board Directors and senior management, and will manage effective challenges, Action Plan Change Control, and Business Closure recommendations and communication routines within tight. Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.
Responsibilities:
Perform independent content rich effective challenge of action plans, milestones and associated resourcing relative to target state outcomes, sustainability, and regulatory expectations.
Lead and facilitate change control and challenge meetings with senior and executive leaders.
Communicate recommendations and findings to executive management, senior stakeholders, and Board Directors, and have the gravitas to maintain independence and clarity of recommendations in the face of counter pressure.
Leverage Project Management and Program Management routines and provide feedback loop to refinement of plans.
Provide advise based on significant compliance expertise and remediation experience to business and control unite to enhance operating effectiveness and sustainability
Conduct analysis of themes across regulatory actions (e.g., root causes, crosscutting focuses).
Assess and disposition independent 3rd party findings and recommendations and quality of incorporation into action plans.
Develop and manage content of Challenge, Action Plan Change Control, and Business Closure process, including required sign-offs and hand-off to Internal Audit.
Minimum Qualifications:
Bachelor’s Degree in Business Administration and Management, or Continuous Improvement
10+ years of Financial Services industry experience in the areas of financial analysis, banking policies and regulations, compliance remediation, consumer compliance and risk management or related
Preferred Qualifications:
Master’s Degree in Business Administration and Management
Financial Analysts, Change in Control Management
In Lieu of Education:
- 15+ years of Financial Services industry experience in the areas of demonstrated expertise in effective challenge, broad understanding of relevant banking policy, regulation, and supervisory expectations, compliance remediation, consumer compliance and risk management or related.
Application Deadline:
The application window for this position is anticipated to close on May-13-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
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.