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Principal Compliance Specialist - Credit Card/Credit Risk
Principal Compliance Specialist - Credit Card/Credit Risk-May 2024
Riverwoods
May 1, 2025
ABOUT DISCOVER
Make a difference working in a culture that thrives on customer-focused innovation.
10,000+ employees
Financial Services
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About Principal Compliance Specialist - Credit Card/Credit Risk

  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:

  This Principal Compliance Specialist position will have responsibility to support more senior compliance professionals. This position will have a focus on supporting Discover's Credit Card product line. This position will have responsibility over the life-cycle of a credit card up until collections. There is a focus on Regulation Z / TILA related activity in addition to overall compliance program components. This includes issue identification, compliance risks and mitigations in the context of incident reviews and remediation, regulatory change management, business change management, policies, and procedure reviews, and quarterly, monthly and periodic monitoring of first line processes.

  Responsible for maintaining and enhancing department or functional units in support of the overall compliance program components.

  Responsibilities

  Maintains and enhances department or functional units in support of the overall compliance program components.Assists with researching regulatory compliance requirements and evaluating the adequacy of business policies, procedures, training and reference materials, system, and manual processes.Assists with the identification and assessment of compliance program risks and controls.Supports management in the development, implementation, and maintenance of compliance programs and a culture of compliance.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, Security and Intelligence, Law, Information Technology, Analytics, Finance, or related field6+ years of experience in Compliance, Law, Risk Management, or related fieldIn 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:

  Master's degree in Business, Security and Intelligence, Law, Information Technology, Data Analytics, Finance, or related field8+ years of experience in Compliance, Law, Risk Management, or related fieldCertified Regulatory Compliance ManagerJD, CISA, CIPP, CRMP, PMP, RIMS, or similar license/certification

  Application Deadline:

  The application window for this position is anticipated to close on Dec-09-2023. 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 LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee 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)

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