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Hybrid

Principal Regulatory Change Management

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Employer Provided Salary: 88,500-149,300 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.

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:
Leads, maintains and enhances the Legal Organization's regulatory change program. Responsible for the oversight of the Legal Library inventory of laws and regulations, Legal's Identification, Communication, Assessment and Planning (ICAP) process. Partner with Attorneys, Corporate Compliance and Business Partners to communicate and implement regulatory changes across the Company. Maintains appropriate governance as required by the enterprise-wide risk management programs or initiatives. Ensures data integrity, provide deep analysis, and develop/enhance reporting that drives increased efficiency and effectiveness. This position offers exposure to senior leaders, attorneys and business partners and requires strong thought and results leadership. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
Responsibilities

  • Lead, maintain and enhance Discover's regulatory change process. Provides ownership and oversight of the Regulatory Change Management process for regulatory changes and the Regulatory Library inventory of laws and regulations.
  • Demonstrate Discover Behaviors while managing the day-to-day operations of the regulatory change processes.
  • Will identify, monitor, analyze, communicate and track International and Domestic regulatory changes applicable to the Company.
  • Leads, tracks and works with Legal partners to determine applicability of International and State Regulatory Changes.
  • Monitor, communicate and track state laws applicable to the Company.
  • Create and maintain procedures or standards to effectively manage regulatory change.
  • Identify, implement and/or maintain appropriate controls.
  • Oversees technology solutions that impact the regulatory change process and lead the use of new and evolving technologies (e.g. GRC, other technologies) and ensure data integrity.
  • Develop and maintain actionable reporting and metrics (key risk indicators, key performance indicators).
  • Develop and deliver training related to the regulatory change process.
  • Partner with Attorneys, Corporate Compliance Regulatory Change Management team and Business Partners to ensure timely communication and implementation of regulatory changes.
  • Position may lead a team of professionals that includes coaching and development, performance management, assignment of responsibilities, and oversight.
  • Exercises prudent discretion and independent decision-making capabilities to drive and achieve compliance with laws, regulations, ordinances, policies and procedures.
  • Provides proactive, timely and comprehensive risk management support to colleagues and assigned business unit clients by providing guidance within a specialized area or particular business activity. Identifies and communicates information to business clients related to assigned SME, and provides strategic guidance on new or proposed requirements, emerging risks and trends to colleagues and business clients.


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

  • Bachelor's Degree in Business, Finance or relevant field
  • 6+ years of experience in Risk Management, Compliance, Internal Audit or related in Financial Services field


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

  • Bachelor's of Law Degree
  • 2+ years of Legal Risk Management, Operations or related- experience
  • 2+ years of experience using GRC systems, Tableau, Microsoft Suite


#li-cs1 #remote
Application Deadline:
The application window for this position is anticipated to close on Apr-22-2024. 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 [email protected] . 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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What are Discover Perks + Benefits

Discover Benefits Overview

Start enjoying great benefits Day 1 — We support you with the same dedication we bring to all of our customers. Our comprehensive benefits package features first-class insurance, financial planning support and excellent perks designed to help you reach your goals and live a rich, healthy life.

Check out more of our amazing employee benefits at mydiscoverbenefits.com

Culture
Volunteer in local community
Discover’s business is built on helping people, and we invest in the community (Blessing Backpacks, Boys & Girls Clubs, Big Brothers/Sisters) to demonstrate our commitment to a brighter future.
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
You can open a separate Health Care FSA (HCFSA) and contribute up to $2,650 tax-free from your paycheck to reimburse yourself for eligible out-of-pocket expenses.
Disability insurance
Employees receive Short-Term Disability Insurance at no cost.
Dental insurance
Discover offers two dental plan options — Standard and Premier — both are administered by MetLife.
Vision insurance
Discover offers two vision plan options — Standard and Premier through VSP.
Health insurance
Discover offers a variety of medical plans for you and eligible family members, so that you can choose the benefit plan that suits your needs.
Life insurance
As a Discover employee, you receive Basic Life Insurance of one times your HWEE (up to $500,000) at no cost to you.
Pet insurance
Purchase medical coverage at a discounted rate for your beloved family pet. The more pets you insure, the greater the discount.
Wellness programs
Help balance your work and personal life with a wide variety of free and discounted resource and referral services including family and relationship counseling and financial guidance.
Mental health benefits
Financial & Retirement
401(K)
You may elect to contribute 1% to 30% of your eligible base salary, commissions and bonus on a pre-tax basis, up to IRS limits every year.
401(K) matching
Discover matches up to 6% of the pre-tax contributions you make to the 401(k) Plan.
Employee stock purchase plan
The ESPP provides eligible employees with an opportunity to purchase shares of Discover common stock through payroll deductions at a 5% discount.
Performance bonus
Charitable contribution matching
Child Care & Parental Leave
Childcare benefits
Generous parental leave
Family medical leave
Adoption Assistance
Discover helps eligible employees and their families with the costs of adoption by reimbursing certain expenses.
Company sponsored family events
Vacation + Time Off
Generous PTO
Discover has a Paid Time Off of 4 to 5 Weeks of paid time per year.
Paid volunteer time
Paid holidays
Discover provides 7 paid holidays.
Paid sick days
Office Perks
Commuter benefits
When you enroll in the Commuter Benefits Program at WageWorks, you’ll save on taxes on mass-transit passes, parking and other eligible expenses.
Company-sponsored outings
Onsite office parking
Recreational clubs
Relocation assistance
Fitness stipend
Onsite gym
Discover has fitness centers and Weight Watchers® programs at all five major locations.
Professional Development
Job training & conferences
Tuition reimbursement
Discover provides tuition reimbursement and a full-ride bachelor's degree program for select online degree programs.
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks

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