Principal Compliance Specialist

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:

What You’ll Do

Responsible for maintaining and enhancing department or functional units in support of the overall compliance program components.

How You’ll Do It

• Maintain an in-depth knowledge of DFS, banking industry, compliance concepts, regulations, and respective requirements and identify opportunities to enhance overall program governance development

• Proficiently executes on developing strategies to support Compliance Monitoring & Testing governance.  

• Support the governance of the Compliance Testing Annual Plan process

• Manage regulatory exam management process for the Compliance Monitoring & Testing team including inquiries, presentations and document management.

• Support the Quality Review process

• Oversee all aspects of governance reporting including presentation material development (e.g. compliance committee, regulatory examinations, audits, special projects)

• Develop, maintain, evaluate and update compliance standards, policies and procedures

• Provide effective challenge in applying compliance monitoring and testing processes  

• Delegated authority to act on behalf of Director responsibilities and duties (e.g. attend meetings, make decisions, etc.)

• Take initiative to act on behalf of Director as appropriate (e.g. respond to inquiries, follow-up, prioritize, lead resolution of critical issues etc.)

• Communicates and escalates concerns, potential risks, issues, or deficiencies identified that may have enterprise-wide impact to drive culture of compliance

• Proactively take responsibility for self-development

• Completes ad-hoc assignments as requested

Qualifications You’ll Need

The Basics

• Bachelor's degree in business, security and intelligence, law, information technology, analytics or finance.

• 6+ years of experience in compliance, law, risk management, or related field

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

Bonus Points If You Have

• Master's degree in business, security and intelligence, law, computer science, analytics, or finance.

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

• Certified Regulatory Compliance Manager

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

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 $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)