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 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.

Responsible for assisting management in enhancing the Company’s Fair Banking program and collaborating with business unit management in the development of fair banking risk controls to ensure that all consumer lending and banking activities and work comply with all applicable fair banking laws and regulations. This is an individual contributor role, who will focus on the following responsibilities.

Responsibilities 

• Maintains a high level of awareness and knowledge of Fair Banking compliance requirements (including Americans with Disabilities Act, Limited English Proficiency and Elder protection) and assisting in the identification of Fair Banking risks. Possesses the ability to advise business partners of fair banking risks  and collaborate to mitigate those risks

• Supports the oversight of marketing, credit risk, fraud and servicing related campaigns, and credit strategies to identify fair banking risks. Supports the business in operationalizing legal and regulatory requirements.

• Coordinates regulatory changes within affected business units and ensures that changes and controls are implemented to facilitate regulatory compliance.

• Assists in evaluating the adequacy of business policies, procedures, training and reference materials, systemic and manual processes, and provides support for research of regulatory requirements related to fair banking risk.

• Assists in planning and executing the annual Statistical Testing program to analyze fair banking issues.

• Assists in performing an enterprise-wide fair lending risk assessment. Communicates and collaborates with business partners in the first line of defense regarding compliance risks and controls.

• Assists with the preparation of status reports of program initiatives, activities, and compliance issues for management and committees.

• Prepares for regulatory exams, internal audits and compliance tests. Plan and execute Fair Banking Program initiatives with guidance from the Senior Manager and the Fair Banking Program Director.

• Promotes a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes. Ensures compliance issues are brought to the attention of senior compliance professionals. Collaborate with the business to implement corrective action and controls resulting from the risk assessment, Compliance or Internal Audit findings.

• Assists Senior Manager, Directors and VP in larger projects as needed.

• Maintains and enhances department or functional units in support of the overall compliance program components.

Minimum Qualifications

At a minimum, here’s what we need from you:

• Bachelor's Degree in Business, Law, Information Technology, Analytics, Finance, Economics, Data Science, Math or equivalent.

• 6+ years of experience in compliance, law, risk management, model development or oversight or a related field.

• In lieu of a degree, 10+ years of experience in compliance, law, risk management, model development or oversight, or a related field.

Preferred Qualifications

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

• Master's Degree in Business, Law, Computer Science, Data Analytics, or Risk Management,

• 8+ years of experience in compliance, law, risk management, operations, or related field.

• Certified Regulatory Compliance Manager (CRCM).

• JD, CISA, CIPP, CIPM, CRMP, PMP, RIMS, or similar license/certification.

Application Deadline:

The application window for this position is anticipated to close on Aug-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 $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)

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.