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: What You’ll Do The Principal Compliance Program Specialist within the Regulatory Change Management Operations group will provide reporting to management on CMS risks, have periodic involvement in exams and audits, including gathering materials for audit requests and drafting responses; will lead and participate in cross-team Compliance department projects; and actively review data and provides feedback for quality control of regulatory change documentation. How You’ll Do It Supports the regulatory change management process by reviewing records for accuracy and providing feedback and effective challenges to ensure data quality. Executes, maintains and enhances compliance program components. Manages the development of processes and practices with respect to risks, controls and regulatory requirements identifying gaps and issues. Research compliance requirements and evaluate adequacy of policies, procedures, training and reference materials, system and manual processes for updates and efficiencies. Partners with management in the development, implementation, and maintenance of compliance programs and a culture of compliance. Creates and updates status reports of program initiatives, activities, and compliance risks to management and committees. Qualifications You’ll Need The Basics Bachelor’s degree in Business Administration and Management, Accounting, Finance or Law 6+ years of experience in Compliance, law, risk management experience, or related field 1 + years of relevant experience in the financial services industry In Lieu of Education 8+ years of experience in Compliance, law, risk management experience, or related field Physical and Cognitive Requirements The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws: Primarily remain in stationary position. Occasionally move about the work environment to complete the major responsibilities of the job. Ability to transport physical objects up to 10 pounds (5 kg). Primarily performed indoors in an office setting. Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator. Ability to communicate verbally; Ability to communicate in written form. Travel up to 10% of the time. Bonus Points If You Have Master’s degree in law, Business Administration and Management or Finance. 6 + years of experience with Reinforcing a risk culture of compliance and transparency. Risk identification and assessment processes. Knowledge and understanding of compliance laws and regulations Compliance Management System components related to: Policies and procedures, and clear communication of intended procedural expectations and process. Governance and reporting processes, handling of complaints, evaluating business initiatives and providing research on potential regulatory impacts. Due diligence on new and existing Third-Party engagements commensurate with the level of compliance risk involved in the services being provided. 6 + years of experience with effective communication (written and verbal) that includes core components of active listening, persuasiveness, collaboration, and conciseness when meeting with and presenting to peers, various levels of leadership and other lines of business. Build partnerships and work collaboratively with others to meet shared objectives and Optimizes work processes with a focus on continuous improvement. Certified Regulatory Compliance Manager (CRCM); Association of Certified Anti-Money Laundering Specialist (ACAMS) Good Excel, Word, PowerPoint, SharePoint skills Tableau or Power BI skills a plus Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis. #LI-RR Application Deadline: The application window for this position is anticipated to close on Jan-14-2025. 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 $91,000.00 to $153,400.00. 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) 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. Discover is a great place to work and our employees are why. You’ll find yourself collaborating with some of the industry’s smartest and most reliable professionals; who reward dedication, value innovation and support growth. At Discover, you can be a reason millions of consumers spend smarter and manage debt better. We are all about people and whatever your background, experience, or goals, you'll find something different here!
