Principal Compliance Risk Management

5 days 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.

Principal Compliance Risk Management

At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We’re all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

Responsible for advancing enterprise-wide compliance and risk strategies and standards. Responsible for establishing and managing compliance issues management processes across all Business units within Discover, as well as providing internal support to Compliance Advisory personnel. 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**:
Initiates, develops, and manages compliance issues management strategies and standards enterprise-wide.
Ensures effective remediation of compliance and risk findings and supervisory matters.
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.
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.

Minimum Qualifications

**At a minimum, here’s what we need from you**:
Bachelor's Degree in Business Administration, Economics, Finance, Risk Management, 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
Certified Regulatory Compliance Manager (CRCM)
Prior data analytics and reporting experience

**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

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)

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