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VP, Compliance Improvement Program
VP, Compliance Improvement Program-May 2024
Riverwoods
May 5, 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 VP, Compliance Improvement Program

  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 leader will design, implement, and enable execution of the Compliance Improvement Program ("Program") by working with functional business leaders, Compliance Advisory, Compliance Operations, Business Risk, and Internal Audit on the regulatory compliance remediation efforts. The Program is enterprise-wide that requires effective challenge, governance, training, comprehensive reporting across all levels of the Company. Creates a culture of effective risk management and awareness, accountability, and demonstration of compliance expertise. Responsible for driving our objective of ensuring that compliance remains at a competitive advantage for our enterprise risk management strategy across all three lines of defense. Drives necessary actions and will communicate status to executive management, the Board of Directors and regulatory agencies.

  This role also provides comprehensive oversight and full functional ownership of the Program strategy and governance including managing a team (~12-15 employees) of skilled resources with expertise in risk management. Manages a team of These responsibilities are in support and under the oversight of the Chief Compliance Officer and VP of Central Compliance to achieve an effective Compliance Management System. Responsibilities for this area include monitoring and communication of the Program's progress of remediation efforts, metrics reporting, addressing independent assessment results, and coordination of any additional strategic risk management enablement programs and regulatory exam activities. This highly visible role works closely with the Executive Committee, Chief Compliance Officer, Chief Auditor, SVP & Head of Non-Financial Risk Management, SVP & Head of Business Risk, first line business leaders, VP of Corporate Risk Management Strategy and Enablement, the Office of Remediation, and Corporate Risk Management Regulatory Program Management team, and other necessary stakeholders.

  This position also has responsibilities, in partnership with the Corporate Governance Legal team, in establishing the framework for enterprise management committee operations. Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.

  Responsibilities:

  Decision making and change leader for new and evolving risk programs through collaboration and influence.Full functional ownership/leadership of the activities and strategy for an enterprise risk awareness/culture program and enterprise management committee governance program.Adherence and adoption of non-financial risk frameworks and methodologies, including metrics and formalized governance routines to monitor operating effectiveness.Interacts with senior executives, governance committees and regulatory agencies to provide (both orally and written) risk management reporting, analytics and findings in a complete and concise manner. This interaction includes the development and syndication of new strategies and practices required to improve risk management and operational efficiencies.People Management HR activities, including retaining top talent and supporting the risk cultural journey and necessary remediation activities.

  Required Qualifications:

  Bachelor's degree in Business Administration and Management, or Finance.15+ years of experience in risk management including analytics, modeling, and risk process for frameworks at a large financial institution or similar industry experience.15+ years of experience in regulatory remediation and/or relationship management.

  Preferred Qualifications:

  15+ years of experience in consumer compliance, enterprise risk management, legal risk, including people management, statistical testing, analytics or related.

  In Lieu of Education:

  20+ years of experience in regulatory compliance, risk management, risk analysis.

  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)

  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.

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