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)