Director Business Compliance
📋 Role Overview & Responsibilities
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
Job Description
Responsible for overseeing team of compliance advisors that provide compliance guidance and related services to the business. Works with the business to operationalize legal and regulatory requirements, review of business unit procedures and training for compliance matters, and providing advice and effective challenge related to regulatory and business process changes.
Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.
Responsibilities
Leads a team of compliance advisors that provide compliance guidance and related services to the business to ensure compliance coverage across all consumer facing regulations applicable to DFS. Identifies compliance risks resulting from new or revised laws and regulations, ensures action plans are developed to manage the risks, including effective training, procedures, and other controls. Reviews and advises on new or revised business strategies, initiatives, and projects to ensure risks are effectively mitigated. Provides oversight of risks identified by risk assessment team to ensure adequate controls are in place to mitigate existing risks in the business.
Minimum Requirements
Bachelor’s degree in business or finance8+ years of consumer compliance, risk management, legal, including people management, or related
In Lieu Of Education Experience
12+ years of consumer compliance, risk management, legal, including people management, or related
Preferred Qualifications
Master’s degree in law or business10+ years of consumer compliance, risk management, legal, including people management, or related2+ years of managing managersCRCMCertified professional (Internal Audit, Public Accounting, Law Degree, Risk Management, etc.) to evidence command/ expertise of subject matter in chosen field relevant to financial services
Application Deadline
The application window for this position is anticipated to close on Apr-08-2024. 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 $173,000.00 to $263,400.00. 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 & 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 HireAccommodation@discover.com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.
Frequently Asked Questions
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This position is located in United States with potential relocation and sponsorship assistance depending on candidate qualifications.
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