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VP, Compliance Effective Challenge

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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:
The VP of Compliance Effective Challenge will conduct independent review and effective challenge of workplans, executed corrective actions and artifacts demonstrating business closure and compliance with laws, rules and regulations and operational effectiveness, provide thematic analysis, assessment of independent third-party reviews and of business completion in addressing the third-party recommendations. The VP will communicate the assessments to executive stakeholders, the Board Directors and senior management, and will manage effective challenges, Action Plan Change Control, and Business Closure recommendations and communication routines within tight. Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.
Responsibilities:

  • Perform independent content rich effective challenge of action plans, milestones and associated resourcing relative to target state outcomes, sustainability, and regulatory expectations.
  • Lead and facilitate change control and challenge meetings with senior and executive leaders.
  • Communicate recommendations and findings to executive management, senior stakeholders, and Board Directors, and have the gravitas to maintain independence and clarity of recommendations in the face of counter pressure.
  • Leverage Project Management and Program Management routines and provide feedback loop to refinement of plans.
  • Provide advise based on significant compliance expertise and remediation experience to business and control unite to enhance operating effectiveness and sustainability
  • Conduct analysis of themes across regulatory actions (e.g., root causes, crosscutting focuses).
  • Assess and disposition independent 3rd party findings and recommendations and quality of incorporation into action plans.
  • Develop and manage content of Challenge, Action Plan Change Control, and Business Closure process, including required sign-offs and hand-off to Internal Audit.


Minimum Qualifications:

  • Bachelor's Degree in Business Administration and Management, or Continuous Improvement
  • 10+ years of Financial Services industry experience in the areas of financial analysis, banking policies and regulations, compliance remediation, consumer compliance and risk management or related


Preferred Qualifications:

  • Master's Degree in Business Administration and Management
  • Financial Analysts, Change in Control Management


In Lieu of Education:

  • 15+ years of Financial Services industry experience in the areas of demonstrated expertise in effective challenge, broad understanding of relevant banking policy, regulation, and supervisory expectations, compliance remediation, consumer compliance and risk management or related.


Application Deadline:
The application window for this position is anticipated to close on May-13-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
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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