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 Principal Compliance Specialist Role will be responsible for compliance advisory activities specific to applicable regulatory requirements impacting the respective business line or corporate function. This includes identification and advising on Fair Banking compliance risks and mitigants in the context of issues management and remediation; regulatory change management; business change management for products, services and systems; policies and procedures; monitoring and testing reviews; process and control assessments; as well as fraud and third- party oversight and training. The Principal Compliance Advisory will facilitate compliance with established Compliance Management System (CMS) governance and programs. In addition to these core advisory functions, the Principal Compliance Advisory will also have periodic involvement in regulatory exams, including drafting and reviewing exam responses. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

• Researches and understands regulatory compliance requirements to evaluate whether business policies, procedures, training, systems, processes, and controls comply with applicable laws and regulations; and to articulate those risks to stakeholders.
• Engages with business and risk partners to develop compliant solutions to mitigate and remediate consumer compliance risks; escalates risk appropriately.
• Executes compliance advisory functions within CMS programs.
• Support various risk assessments across the enterprise.
• Creates and updates status reports of program initiatives, activities, and compliance risks to management and committees.

• Bachelor's degree in Business Administration and Management, Security and Intelligence, Law, Information Technology, Analytics, Finance, or related field.
• 6+ years of experience in compliance, law, risk management, or related field.
• In lieu of education experience, 10+ years of experience in compliance, law, risk management, or related field experience.

• Primarily remain in a stationary position.
• No required movement about the work environment to complete the major responsibilities of the job.
• Primarily performed indoors in an office setting.
• Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
• Ability to communicate verbally.; Ability to communicate in written form.

• Masters degree in Business Administration and Management, Security and Intelligence, Law, Information Technology, Analytics, Finance, or related field.
• 8+ years of experience in compliance, law, risk management, fraud or related field.
• 4+ years of experience in:
• Models, champions, and reinforces a risk culture of compliance and transparency.
• Applies general understanding of risk identification and assessment processes, tools and techniques to provide oversight and challenge to risk measurement activities.
• Demonstrates knowledge of the Compliance Management System
  components related to:
  1. Policies and procedures, and clear communication of in tended procedural expectations and process.
  2. Governance and reporting processes that provides a mechanism to identify, manage and escalate risks according to the
  organization's risk appetite.
  3. Evaluation of and/or challenges processes, new/existing
  products or services, regulatory changes, customer communications and/or technologies to ensure Compliance risks are identified and mitigated.
  4. Identification and escalation of compliance risk management issues in a timely and effective manner, including ability to manage, monitor, and report on issues and development of action plans.
  5. Risk monitoring and testing activities to determine whether regulatory requirements are being adhered to and/or controls are operating effectively.
  6. Identification of regulatory risks and adequate risk mitigates, as well as effectively challenging assessment of controls to prevent, detect, and correct errors.
  7. Handling of complaints, evaluating business initiatives and providing research on potential regulatory impacts.
  8. Due diligence on new and existing Third-Party engagements commensurate with the level of compliance risk involved in the services being provided.
  9. Comprehensive, risk-based Compliance training specifically tailored to job roles & responsibilities.
• 4+ years of experience in:

• Effective communication (written and verbal) that includes core components of active listening, persuasiveness, collaboration, and
  conciseness when meeting with and presenting to peers, various levels of leadership and other lines of business.
• Build partnerships and work collaboratively with others to meet shared objectives.
• Optimizes work processes with a focus on continuous improvement.

• Certified Regulatory Compliance Manager

• 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