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Principal Total Rewards Policies and Procedures

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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:
Responsible for stabilizing and maintaining the Total Rewards policies and procedures framework in areas such as Compensation, Executive Compensation, leave of absence, time off, employee classification and immigration. Evaluate and set up the infrastructure including applicable controls and/or job aids within Total Rewards to consistently deliver the policies, procedures, controls across Total Rewards and to employees and people leaders across all businesses. Establish and/or update the relevant policies/procedures, define corresponding workflows and controls, determine any needed technology configuration and system integrations to be able to report on process adherence and exceptions. Respond/revise the framework as needed in response to regulatory changes. Oversee change management in partnership with TR subject matter experts associated with administration of any policy/procedure/control. Partners with other HR Centers of Excellence, such as Employee Relations, Talent Acquisition, and HR Risk. Drives adherence to Discover's policy and procedure standard and regulatory change management standard. Maintains a culture of effective risk management, accountability, and demonstration of risk awareness across the Total Rewards function. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

  • Identify and create operational procedures and control framework to ensure effectiveness and accuracy of administration. Work closely with Total Rewards leaders to create, document, and establish controls and ensure adherence and sustainable practices across the team. Document and maintain control framework aligned with Discover standard and ensure documentation and evidence of adherence appropriately saved in designated locations. Assess processes for risk and control effectiveness. Support control design process and assess processes for any control gaps or enhancements needed and coach team members to ensure effectiveness of controls.
  • Develop oversight, testing and monitoring processes to ensure consistency and readiness for all internal audits and compliance reviews across the Total Rewards function. Actively manage and escalate risks and issues to management. Implement improvements to the Total Rewards governance framework as identified. Create action plans for improvement.
  • Ensure policy and standard compliance with regulatory change per Discover's standard for regulatory change management. Complete gap analysis, partner with internal stakeholders including legal to determine response to change and ensure appropriate policies, standards, controls, internal documents are updated and appropriate ongoing processes are adjusted. In conjunction with HR Technology, determine requirements and downstream systems impacts in response to changes in policies/standards. Coordinate implementation of change with leadership and subject matter experts.
  • Define, establish, and maintain policies and standards for Compensation, Executive Compensation, leave of absence, time off, employee classification and Immigration in coordination with Total Rewards leadership and subject matter experts. Leads cross functional initiatives that help standardize, simplify and de-risk the policy and procedure environment.
  • Ensure adherence to Discover internal standards as it relates to compliance, compliance vendor management, third-party management. Ensure roles and responsibilities appropriately documented and understood across Total Rewards to ensure compliance with internal standards.
  • Develop a set of accurate, repeatable metrics that can measure the governance framework and policy/standards and deviations from policy/standards. Prepare and report metrics to Total Rewards leadership. Ensure compliance with Discover's standards on exceptions/adherence to policies and standards.

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

  • Bachelor's Degree in Business Administration and Management, Communications, Human Resources, or Law.
  • 8+ years of experience in HR or Total Rewards, Administration, Human Resources, HR Risk, Project Management, or related experience.
  • In lieu of education, 10+ years of experience in HR or Total Rewards, Administration, Human Resources, HR Risk, Project Management, or related experience.

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

  • 10+ years of experience in HR or Total Rewards, Administration, Human Resources, HR Risk, Project Management or related experience.
  • Certified Compensation Professional.
  • Certified Employee Benefits Specialist.

Application Deadline:
The application window for this position is anticipated to close on May-21-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
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.
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 .
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

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
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
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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