Senior Manager Compliance Advisory

3 weeks ago


Riverwoods, United States Discover Financial Services 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:

What You'll Do

* The Senior Manager Compliance Programs role within Enterprise Collections and Card Operations Compliance will support Discover Enterprise Collections including Card, Discover Student Loans and Discover Personal Loans collections and will be responsible for compliance advisory activities specific to consumer protection laws impacting those products.


* Issue-identification and advising on consumer compliance risks and mitigants in the context of incident reviews and remediation; regulatory change management; business change management for products, services, and systems; policies and procedures; audits; testing reviews; process and control assessments; vendor engagement reviews; training development and reviews; quarterly targeted monitoring and monthly periodic monitoring of first line processes.


* Advise on and facilitate compliance with established Compliance Management System governance and programs.


* Periodic involvement in regulatory exams, including drafting and reviewing exam responses; will lead cross-team Compliance department projects; will coach other advisory team members; and will develop and present senior management reporting on CMS risks impacting their coverage area.


* Collaborate closely with other Compliance Advisors, subject matter experts, the Legal Organization, multiple lines of business, and business risk partners


* Develops and coachs teams to be able to identify, manage, and escalate risk, and effectively manages risk within the teams you oversee.



How You'll Do It

* Manage a team that maintains and enhances compliance program components. Provide support, coaching, and counsel to the team. Manage the development of team members by authoring and assigning goals, conducting periodic coaching and feedback reviews, and administering annual performance evaluations.


* Researches and understands regulatory compliance requirements to evaluate whether business policies, procedures, training, systems, processes, and controls comply with consumer protection laws; and to articulate those risks to stakeholders


* Engages with business and risk partners to develop compliant solutions to mitigate and remediate consumer compliance risks; escalates risks appropriately


* Leads identification and assessment of CMS program risks and mitigants


* Understands Compliance Management System (CMS) components and the requirements of established CMS programs and promotes a culture of compliance


* Executes compliance advisory functions within CMS programs


* Creates and updates status reports of program initiatives, activities, and compliance risks to management and committees



Qualifications You'll Need

The Basics

* Bachelor's Degree


* 8+ years of experience in Compliance, Law, Risk, or Operations


* In lieu of education, 12+ years of experience in Compliance, Law, Risk, or Operations



Bonus Points If You Have

* Certified Regulatory Compliance Manager


* RIMS-Certified Risk Management Professional


* 10+ years of Compliance, Law, Risk, or Operations



Application Deadline:

The application window for this position is anticipated to close on May-20-2024. 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 $103,000.00 to $174,200.00. 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.



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