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 Senior Manager - Compliance Monitoring and Testing is responsible for administering and executing the Compliance Testing Program within Corporate Compliance. The program is designed to promote compliance with applicable laws and regulations by facilitating early identification and effective mitigation of compliance risk. The position requires substantial experience in the design and execution of compliance testing and reporting, as well as regulatory compliance knowledge and expertise.

Develops and coaches teams to be able to identify, manage, and escalate risk, and effectively manages risk within the teams you oversee.

How You’ll Do It

• Manages a team responsible for completing assigned regulatory compliance reviews.
• Provides support during fieldwork to team to ensure proper understanding of regulatory requirements and ensure testing is adequately designed to identify non-compliance with laws and regulations.
• Conducts meetings with stakeholders and other internal partners regarding potential issues and status of assigned compliance review.
• Assist Director with finalizing findings including effective challenge of root cause analysis and corrective action plans and assignment of risk ratings.
• Drafts formal report of findings.
• Manages a team that maintains and enhances regulatory and compliance program components. Provides support, coaching, and counsel to the team. Manages the development of team members by authoring and assigning goals, conducting periodic coaching and feedback reviews, and administering annual performance evaluations.
• Engages with business and risk partners to develop compliant solutions to mitigate and remediate compliance risks; escalates risks appropriately
• Lead and manage cross functional work groups and workstreams from multiple first line and second line business units.
• Provides support, coaching, and counsel to the team. Manages the development of team members by authoring and assigning goals, conducting periodic coaching and feedback reviews, and administering annual performance evaluations.
• 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, Security and Intelligence, Law, Information Technology, Analytics, Finance or related.
• 8+ years understanding of Compliance Management System and ability to implement and manage a compliance risk management program.
• In lieu of education experience 10+ years understanding of Compliance Management System and ability to implement and manage a compliance risk management program.

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:

Does this job require remaining in a stationary position, including but not limited to, primarily sitting and standing?  Primarily remain in a stationary position.

Does this job require the ability to move about inside or outside the work environment to complete the major responsibilities of the job? No required movement about the work environment to complete the major responsibilities of the job.

Does this job require the ability to transport physical objects? If so, provide the weight of the heaviest object the job needs to transport without the aid of machinery or equipment or the weight equivalency with the aid of machinery or equipment. No

Primarily, where is this job performed? Primarily performed indoors in an office setting.

Does this job require the ability to operate equipment or machinery? Select all that apply. Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.

Does this job require the ability to communicate verbally or in written form? Select all that apply. Ability to communicate verbally.; Ability to communicate in written form.

Does the job require travel? Travel up to 25% of the time.

Does this role require testing or assessments to measure the ability to perform the job?  No

Bonus Points If You Have

• Masters degree in business administration and management, Security and Intelligence, Law, Information Technology, Analytics, Finance or related.
• 1+ years relevant experience in the financial services industry
• 8+ years 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.

• Optimizes work processes with a focus on continuous improvement.

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.

Application Deadline:

The application window for this position is anticipated to close on Oct-19-2024. 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 $103,000.00 to $174,200.00. 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 [email protected]. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.