Lead Compliance Specialist
Company
Discover
Location
Riverwoods, IL
Type
Full Time
Job Description
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:
What You'll Do
The Lead Compliance Specialist is responsible for assisting management in maintaining and enhancing programs in support of the overall compliance program elements. Actively manages and escalates risk and issues within the day-to-day role to management. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
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How You'll Do It
- Assists more senior compliance professionals in evaluating the adequacy of business policies, procedures, training and reference materials, system and manual processes and provides support for research of regulatory requirements.
- Assists Principals, Managers or Senior Manager in discrete portions of larger projects.
- Ensures compliance issues are brought to the attention of senior compliance professionals.
- Maintains a high level of awareness and knowledge of regulatory compliance requirements and assists in the identification of compliance risks.
- Assists in providing updates for status reports of program initiatives, obtaining and developing content for management and committee presentation / reporting activities.
Qualifications You'll Need
The Basics
- Bachelor's degree in Business Administration and Management, Accounting, Finance or Law
- 4+ years of experience in Project Management, Compliance, Law, Risk, Operations, Governance or Related Field
- In Lieu of Education Experience 6 + years of experience in Project Management, Compliance, Law, Risk Operations and Governance or Related Field
Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:
- Primarily remain in stationary position.
- Occasionally move 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.
- Travel up to 10% of the time
Bonus Points If You Have
- Masters Degree in Law, Business Administration and Management of Finance
- 4 + years of experience reinforcing a risk culture of compliance and transparency. Risk identification and assessment processes. Knowledge and understanding of compliance laws and regulations Compliance Management System components related to: Policies and procedures, and clear communication of intended procedural expectations and process. Governance and reporting processes, handling of complaints, evaluating business initiatives and providing research on potential regulatory impacts. Due diligence on new and existing Third-Party engagements commensurate with the level of compliance risk involved in the services being provided.
- 4 + years of experience with 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 and Optimizes work processes with a focus on continuous improvement
- Certifications in Certified Regulatory Compliance Manager, Project Management, JD, CISA, CIPP, CRMP, RIMS or similar preferred
- Certification in Project Management
Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.
#LI-RR
Application Deadline:
The application window for this position is anticipated to close on Jan-15-2025. 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 $77,500.00 to $131,500.00. 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 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
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 [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.
Date Posted
01/24/2025
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