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Principal Compliance Risk Management

3 months ago


Riverwoods, United States Discover Full time

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:
Responsible for advancing enterprise-wide compliance and risk strategies and standards. Responsible for establishing and managing legal and regulatory risks across all Business units within Discover. Ensures legal and regulatory risks that may adversely affect the organization's business objectives are identified, measured, remediated, and reported to executive management and Board/Audit and Risk Committee.
Responsibilities

  • Identifies, explores, and implements new compliance approaches and data sources to mitigate existing and emerging legal and regulatory risks.
  • Establishes appropriate compliance standards, includes limits and thresholds associated with escalating legal and regulatory risk across all business units.
  • Establishes and builds strong, effective working relationships with business partners across the enterprise; develops a full understanding of current and emerging legal and regulatory risks and provides guidance on how to mitigate risk.
  • Leads execution of compliance and risk findings and supervisory matters.
  • Initiates, develops, and manages strategies and standards enterprise-wide.


Minimum Qualifications
At a minimum, here's what we need from you:

  • Bachelor's Degree in Business Administration and Management, Economics, Finance, or related field
  • 4+ years of experience in relevant financial services industry


Preferred Qualifications
If we had our say, we'd also look for:

  • Master's Degree in Business Administration, Economics, Finance, Risk Management, or related field
  • In lieu of a degree, 8+ years of experience in Financial Services


Application Deadline:
The application window for this position is anticipated to close on Jul-02-2024. 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 HireAccommodation@discover.com . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.