Principal 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
Principal Compliance Specialist
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 are 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.
The Principal Compliance Specialist role within Card Advisory, Operations and Collections, will support Discover’s Credit Card and Collections business units and will be responsible for compliance advisory activities including: program management and execution, oversight and monitoring, exam management, process reviews and risk mitigation activities. The Principal will collaborate with business partners, business risk partners and Law to ensure adherence to regulatory commitments and to develop enhanced monitoring and controls to mitigate compliance risk.
Responsibilities include:
- Provide key guidance in the execution and development of activities supporting regulatory commitments and ongoing compliance enhancements
- Supports management in the development, implementation, and maintenance of compliance programs and a culture of compliance
- Assists with research and exam requests and drafting of regulatory responses
- Assists with research of regulatory compliance requirements and evaluating the adequacy of business policies, procedures, training and reference materials, systems and manual processes
- Supports the business in operationalizing legal and regulatory requirements
- Maintains and enhance department or functional units in support of the overall compliance program components
- Assists with the identification and assessment of compliance program risks and controls
- Demonstrate creativity and flexibility as a key contributor to process review activities
- Compiles and develops content for presentations to senior leadership
- Assists with the preparation of status reports of program initiatives, activities, and compliance issues to management and committees
Minimum Qualifications
At a minimum, here’s what we need from you:
- Bachelor's Degree in Business, Finance, Analytics, Information Technology, Law, Security and Intelligence.
- 6+ years of experience in compliance, law, risk management, or related field
- In lieu of a degree, 10+ years of experience in compliance, law, risk management, or related field
Preferred Qualifications
If we had our say, we’d also look for:
- Consumer lending experience
- Master's Degree in Business, Security, Law, Computer Science, Data Analytics, or Risk
- 8+ years of experience in compliance, law, risk management, or related field
- Certified Regulatory Compliance Manager
- JD, CISA, CIPP, CRMP, PMP, RIMS, or similar license/certification
And by the way, while you’re waiting to hear from us, don’t forget to check out the great benefits Discover offers.
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, veteran status or any other characteristic protected by federal, state, or local law in consideration for a career at Discover.
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.