Lead 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 helping management maintain and enhance department or functional units in support of the overall compliance program components. The role collaborates with management to identify compliance issues and corrective action plans, and communicates the scope and severity of concerns identified to the applicable level of management. This role will support ongoing development of processes to improve AML compliance program growth and maturity, strategies and plans that maximize employee adoption and usage. This role also will support development, execution, and maintenance of strategies and operating plans that promote compliance with anti-money laundering programs.
How You’ll Do It
- Assist in obtaining and developing content for presentations for committee reporting.
- Support the business in operationalizing legal and regulatory requirements.
- Maintain a high level of awareness and knowledge of regulatory compliance requirements and assist in the identification of compliance risks.
- Manage the activities of the Compliance staff (direct/indirect) and take responsibility for the overall integrity and quality of the work product.
- Collect requirements, design, test, and implement projects.
- Align strategies, processes, and procedures with anti-money laundering functions and stakeholders.
- Manage production metrics and serve as an analytical resource.
- Assist with operational efficiency and improvement efforts, including budgeting, expense management, volume forecasting, and queue management. Report data to management and the business.
- Collaborate with business partners in the first line of defense regarding compliance risks and controls.
- Create and maintain work product and supporting documentation.
- Communicate results and/or concerns verbally and in writing.
- Ensure compliance issues are brought to the attention of senior compliance professionals.
- Evaluate, monitor and/or test the adequacy of business processes and practices with respect to risks, controls, and regulatory requirements, and identification of gaps and issues.
- Assist more senior compliance professionals in evaluating the adequacy of business policies, procedures, training and reference materials, system and manual processes, and provides support for research of regulatory requirements.
- Assist Principals, Managers, or Senior Manager in discrete portions of larger projects.
Qualifications You’ll Need
The Basics
- Bachelor's degree in business or related field
- 4+ years of in AML, in project management, compliance, risk, operations, governance, or related field
- In lieu of a degree, 8+ years of experience in compliance, law, risk operations, and governance
Bonus Points If You Have
- 6+ years of experience in AML, compliance, law, risk operations, governance, or related field
- Experience as a lending, deposits certified regulatory compliance manager or project management
professional
- JD, CISA, CIPP, CRMP, RIMS or similar preferred
What are you waiting for? Apply today!
The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.