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 Senior Principal Compliance Specialist role will be responsible for compliance advisory activities specific to applicable regulatory requirements impacting the deposits business line or corporate function. This includes identification and advising on compliance risks and mitigates in the context of issues management and remediation; regulatory change management; business change management for products, services and systems; policies and procedures; monitoring and testing reviews; process and control assessments; and third-party oversight and training. The Senior Principal will also advise on and facilitate compliance with established Compliance Management System (CMS) governance and programs. In addition to these core advisory functions, the Senior Principal will have periodic involvement in regulatory exams, including drafting and reviewing exam responses; will lead and participate on cross-team Compliance department projects; and provide reporting to management on CMS risks. In executing these functions, the Senior Principal is expected to collaborate closely with other colleagues within Compliance, Corporate Risk Management, the Legal Organization, other lines of business and corporate functions, and risk officers. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

Responsibilities

· Engages with business and risk partners to develop compliant solutions to mitigate and remediate consumer compliance risks; escalates risks appropriately.

· Leads identification and assessment of CMS program risks and mitigates.

· Creates and updates status reports of program initiatives, activities, and compliance risks to management and committees.

Minimum Qualifications

At a minimum, here is what we need from you:

· Bachelor’s degree in Business Administration and Management, Security and Intelligence, Law, Information Technology, Analytics Finance or related field.

· 8+ years in Compliance, Law, Risk, Operations or related field.

· In Lieu of Education 12+ years’ experience in Law, Risk, Operations or related field

Preferred Qualifications

If we had our say, we’d also look for:

· 4+ years deposit related experience

Master's degree in Business Administration and Management, Security and Intelligence, Law, Information Technology, Analytics Finance or related field.

· 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.

· 10+ years in Compliance, Law, Risk, Operations, including some people leadership or related.

· JD, CRCM, CCEP, CCP, CIA, CISA, CIPP, CRMP, PMP, RIMS or similar preferred

Application Deadline:

The application window for this position is anticipated to close on Aug-31-2024. 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.