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:

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 which 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.

Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis .

Responsible for ensuring that critical Card and Bank legal and compliance risks are tested by the 1st line Testing Utility Team and driving strategies to address gaps. Responsible for developing the annual testing plan for 1st line testing, completing risk assessments, ensuring issues are appropriately tiered and remediated. Researches emerging regulatory risks and reports recommendations and observations to senior management. Oriented toward preventing consumer harm, detecting consumer harm, and ensuring compliance issues are properly remediated. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

Responsibilities:

• Works with process owners and General Managers on requirements of relevant regulations, company policies and standards related to risk and control testing. Ensures effective identification and implementation of remediation efforts to manage compliance risks and control standards. Monitors the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of controls. Conducts regular risk assessments on Card and Bank products to ensure the appropriate risks are identified for testing. Oversees timely development and completion of annual Testing Utility plan.

• Works with process owners and General Managers on the requirements of company policies and standards related to Risk Reporting, Consumer Impacting Events and Issues Management. Manages timely, accurate creation and distribution of CIEs, and monthly risk reports; discusses results and trends with DFS leaders. Oversees the timely completion of consumer remediation projects Ensures a detailed escalation plan is in place for risk issues and leveraged when necessary.

• Completes complex projects for both Card and Bank processes to ensure all relevant Compliance risk are appropriately identified and tested and provide relevant reporting on progress.

• Develops metrics, standard work and SLA’s for the business units supported to ensure timely completion of projects.

Minimum Qualifications:

At a minimum, here’s what we need from you:

• Bachelor’s Degree in Finance, Accounting, and Business Administration and Management.

• 8+ years of experience Financial services, Compliance, Internal Audit, Risk Management Operations areas or related field.

• In lieu of education, 10+ years of experience in Financial services, Compliance, Internal Audit, Risk Management Operations areas or related field.

Preferred Qualifications:

If we had our say, we’d also look for:

• 10+ years of experience in Financial services, Compliance, Internal Audit, Risk Management Operations areas or related field.

• RIMS-Certified Risk Management Professional

• Certified Regulatory Compliance Manager

• Certified Internal Auditor

• Certified Public Accountant (CPA)

Application Deadline:

The application window for this position is anticipated to close on Sep-14-2024. 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) (https://www.dol.gov/agencies/ofccp/posters)

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.