at Discover in Riverwoods, Illinois, United States
Job Description
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:
Discover Financial Services is looking for an experienced and highly motivated Principal Compliance Specialist to join our team. The ideal candidate for this role will possess a deep understanding of the regulatory landscape and an ability to identify and resolve potential compliance issues. This position requires a highly organized and detail-oriented individual with excellent interpersonal and communication skills. The successful applicant will have a bachelor’s degree in a related field, such as finance, law, or accounting, as well as five or more years of experience in a compliance-related role. Working knowledge of state and federal regulations is highly desired, and experience in the financial services industry is a plus.
The Principal Compliance Specialist is responsible for providing strategic guidance and oversight to the organization’s compliance program. This includes staying abreast of changing regulations, developing, and implementing policies and procedures, monitoring compliance, and ensuring adherence to all applicable laws. The successful candidate will also be responsible for identifying and investigating potential compliance violations, providing guidance and advice to management, and recommending corrective action as necessary.
Responsibilities
+ Maintains and enhances department or functional units in support of the overall compliance program components.
+ Assists with researching 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.
+ Stay abreast of changing regulations and identify potential compliance issues.
+ Monitor compliance and ensure adherence to all applicable laws.
+ Maintain strong interpersonal and communication skills.
Minimum Qualifications
At a minimum, here’s what we need from you:
+ Bachelor’s degree in business, 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, 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 preferred
\#LI-RR
Application Deadline:
The application window for this position is anticipated to close on Apr-08-2024. 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.
