Company

Discover Financial ServicesSee more

addressAddressIllinois, United States
type Form of workFull-Time
CategoryInformation Technology

Job description

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:

Job Summary:

Under the direction of the Director of Regulatory Change Management, this role supports and drives development of the company's Regulatory Change management (RCM) process based upon requirements from the relevant regulatory agencies and based on external events, with respect to Discover's products, services and business practices. 

Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization

Responsibilities:

Under the direction of the Director of Regulatory Change Management, this role supports and drives development of the company's Regulatory Change management (RCM) process based upon requirements from the relevant regulatory agencies and based on external events, with respect to Discover's products, services and business practices. 

  • Oversees operational functions of the RCM organization within Compliance focused on development and strategy for RCM by partnering with key stakeholders.

  • Drives development of CMS functions for RCM, management of external vendors, future phase development of the GRC, and supporting development of associated training materials and procedures related to development of these functions.

  • Identifies, designs, and implements a robust Performance Measurement Program that supports company strategic objectives by maintaining visibility of key performance indicators and key risk indicators.

  • Design, implement, and maintain reporting for regulator change, including industry trend tracking, budgeting impacts of reg changes, pipeline reporting and executive level reporting including improving a program to identify, record, and track critical tasks to address some of the company’s most important Regulatory Change issues.

  • Develops company-level strategy to reduce incidents causing consumer harm by partnering with stakeholders across Incident Management, Operational Risk Management, Compliance, Business Risk Offices, and Internal Audit.

  • Identifies, designs, and implements a robust Performance Measurement Program that supports company strategic objectives by maintaining visibility of key performance indicators and key risk indicators.

  • Ensures the accurate and timely publication of reports and analytical products to the Compliance Committee, Audit Committee, and regulators

  • Design, implement, and maintain an improved program to identify, record, and track critical tasks to address some of RCM’s  most important issues

  • Design and launch an enterprise-wide program to coach 1 LOD on the methodology for RCM

  • Partners with CRM Learning to design and conduct training for all lines of defense involved in RCM that will ensure better understanding of roles and responsibilities, writing problem statements, and conducting a comprehensive root cause analysis.

  • Serves as the owner of policies, standards, and procedures involving the RCM program

Min Qualifications:

  • Bachelor’s Degree in Business

  • 2+ years of financial services industry experience

  • 8+ years of experience leading initiatives on policy management, performance management, process management and process improvement

  • 1+ years of advanced knowledge of MS Applications to include Excel, Powerpoint, Vision, Teams, and Sharepoint

Preferred Qualifications:

  • Master’s Degree in Business

  • 1+ years of advanced knowledge of MS Applications to include Excel, Powerpoint, Vision, Teams, and Sharepoint

Application Deadline:

The application window for this position is anticipated to close on Dec-05-2023. 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 $150,500.00 to $228,900.00. 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)

Refer code: 7079320. Discover Financial Services - The previous day - 2023-12-16 00:44

Discover Financial Services

Illinois, United States

Share jobs with friends

Related jobs

Director, Compliance Regulatory Change Operations

Tech Risk and Controls Lead -Regulatory Change Management

Jpmorgan Chase & Co.

Jersey City, NJ

4 days ago - seen

Tech Risk and Controld Lead - Regulatory Change Management Lead

Jpmorgan Chase & Co.

Jersey City, NJ

4 days ago - seen

Tech Risk and Controls Lead - Regulatory Change Management Lead

Jpmorgan Chase & Co.

Wilmington, DE

4 days ago - seen

Regulatory Change Management Compliance Lead

Flagstar Bank

New York, NY

5 days ago - seen

Regulatory Change Implementation Manager

York State Department Of Labor

New York, NY

7 days ago - seen

Pharmacy Systems and Regulatory Change, Sr. Compliance Manager, Amazon Health

Amazon.com Services Llc - A57

From $96,900 a year

Seattle, WA

5 months ago - seen

Principal Regulatory Change Risk

Discover Financial Services

Illinois, United States

6 months ago - seen

Markets Operations Regulatory Change Project Manager

Citigroup, Inc.

Tampa, FL

6 months ago - seen

Legal and Regulatory Change Management - Senior Associate

JPMorgan Chase Bank, N.A.

New York, NY

7 months ago - seen

Regulatory Analyst II (Change Control)

Mason-Grey Corporation

Titusville, NJ

7 months ago - seen