Posted:
12/16/2024, 4:30:13 AM
Location(s):
Illinois, United States
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Legal & Compliance
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.
What You’ll Do
Responsible for verifying that operating units are compliant with all appropriate local, state and federal regulations through execution of the compliance testing program, establishment of testing plans, collaboration with business management to identify compliance issues and corrective action plans, and preparation of compliance report to communicate the scope and severity of concerns identified to the applicable level of management. The role is responsible for managing (directly and indirectly) compliance department personnel, including training.
How You’ll Do It
Collaborate with various level of management within the areas of responsibilities, including the risk functions within the 1st Line of Defense. Evaluate and test the adequacy of business processes and practices with respect to risks, controls and regulatory requirement identifying gaps and issues.
Manage activities of Compliance Testing staff (direct/indirect), including training, and is responsible for the overall integrity and quality of the work product.
Create and maintain testing workpapers and supporting documentation. Draft written reports regarding compliance testing results.
Monitor and validate status of corrective actions taken by business partners to remediate concerns.
Maintain a high level of awareness and knowledge of regulatory compliance requirements. Support Compliance Management in developing, implementing, and maintaining an enterprise-wide Compliance Program and culture of compliance.
Qualifications You’ll Need
The Basics
Bachelors degree in Business Administration and Management, Finance, Law, or related field.
6+ years in Compliance, Financial Services, Risk, and/or BSA/AML
In Lieu of Education 10+ years Compliance, Financial Services, Risk, BSA/AML or Related including Testing, Quality Assurance or Audit
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 move about the work station
No required movement about the work environment to complete the major responsibilities of the job.
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
1+ years Management experience
CRCM
CAMS Certification or similar certification.
Application Deadline:
The application window for this position is anticipated to close on Dec-21-2024. 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 $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 [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.
Website: https://discover.com/
Headquarter Location: Deerfield, Illinois, United States
Employee Count: 10001+
Year Founded: 1985
IPO Status: Public
Industries: Banking ⋅ Credit ⋅ Credit Cards ⋅ Finance ⋅ Financial Services