Principal Compliance Program Specialist - Compliance Monitoring and Testing

Discover. A brighter future.

With us youll 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 worlds leading digital banking and payments 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 Youll Do

The Principal Compliance Program Specialist is responsible for executing maintaining and enhancing department or functional units in support of the overall compliance program elements. Actively manages and escalates risk and issues within the daytoday role to management. Additionally this role will have periodic involvement in exams and audits including drafting responses; will lead and participate in crossteam Compliance department projects; and provide reporting to management on CMS risks. Actively manages and escalates risk and customerimpacting issues within the daytoday role to Principal Compliance Specialist Monitoring and Testing within Corporate Compliance performs a key second line of defense role by helping to ensure regulatory requirements are met by our consumer banking lines of Principal Compliance Specialist will be responsible for executing riskbased compliance monitoring and testing for the purpose of independently validating business line adherence to applicable laws and position requires experience in the design and of compliance monitoring and testing including test script development issues management and reporting as well as regulatory compliance knowledge.

How Youll Do It

• Executes maintains and enhances compliance program components. Manages the development of processes and practices with respect to risks controls and regulatory requirements identifying gaps and issues.
• Research compliance requirements and evaluate adequacy of policies procedures training and reference materials system and manual processes.
• Partners with management in the development implementation and maintenance of compliance programs and a culture of compliance.
• Creates and updates status reports of program initiatives activities and compliance risks to management and committees.
• of riskbased compliance monitoring and testing in accordance with Compliance methodology and procedures.
• Development of test scripts to support assigned compliance reviews.
• Ensure test scripts are properly designed to identify noncompliance with applicable laws and regulations.
• Systematically retain documents to support results of compliance reviews.
• Manages scheduling to ensure all tasks and reporting are completed in a timely manner.
• Performs effective root cause analysis and obtains corrective action plans from lines of business.
• Assists with the drafting of issues and the formal report.
• Actively manages and escalates compliance risk and customerimpacting issues identified within their daytoday role to their leadership.
• Responsible for overall integrity and quality of work performed.
• Maintains a high level of awareness and knowledge of regulatory requirements.

Qualifications Youll Need
The Basics

• Bachelors degree in business administration and management Accounting Finance or Law
• 6 years of experience in Compliance law risk management experience or related field
• 1 years of relevant experience in the financial services industry
• In Lieu of Education 8 years of experience in Compliance law risk management experience 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 accommodation 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.
• Ability to transport physical objects up to 10 pounds 5 kg).
• 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 or Finance.
• 6 years of experience with 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 ThirdParty engagements commensurate with the level of compliance risk involved in the services being provided.
• 6 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.

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 fulltime basis.

#LIRR #remote

Application Deadline:

Compensation:

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

• Short and Long Term Disability Life and Accidental Death & Dismemberment insurances

• Recognition Program

• Education Assistance

• Commuter Benefits

• Family Support Programs

• Employee Stock Purchase Plan

Learn more at .

What are you waiting for Apply today!

All Discover employees place our customers at the very center of our deliver on our promises to our customers each of us contribute every day to a culture that values compliance and risk management.

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)

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 .Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

At Discover we are committed to creating an inclusive and equitable workplace through our Fair Chance Hiring practices. Fair Chance Hiring means that we base our hiring decisions on an applicants qualifications rather than their criminal record. All our positions are subject to Section 19 of the Federal Deposit Insurance Act. Our applicants go through a background check and we follow all applicable local laws including the Los Angeles County Fair Chance Hiring Ordinance LA County Fair Chance.

Positions marked as remote eligible are limited to remote locations within the country in which the position is based.

Applicants must be 18 or older at the time of hire.