Job Description
Principal Compliance Specialist Apply
remote type Remote Eligible
locations Riverwoods, IL
time type Full time
posted on Posted Today
job requisition id R44026
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 Principal Compliance Specialist Role will be responsible for compliance advisory activities specific to applicable regulatory requirements impacting the respective business line or corporate function. This includes collaborating with the business and risk partners, acting as the Anti-Bribery and Anti-Corruption (ABAC) subject matter expert during the Risk and Control Self-Assessment (RCSA) process. Provides guidance to the business regarding identification, evaluation, mitigations and control of operational risks and business controls.
How You’ll Do It
Researches and understands regulatory compliance requirements to evaluate whether business policies, procedures, training, systems, processes, and controls comply with applicable laws and regulations; and to articulate those risks to stakeholders.
Engages with business and risk partners to develop compliant solutions to mitigate and remediate consumer compliance risks; escalates risk appropriately.
Executes compliance advisory functions within CMS programs.
Support various risk assessments across the enterprise.
Creates and updates status reports of program initiatives, activities, and compliance risks to management and committees.
Qualifications You’ll Need The Basics
Bachelors degree in Business Administration and Management, Security and Intelligence, Law, Information and Technology, or related
6 years in compliance, law, risk management experience, or related
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 a stationary position.
No required movement 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.
Bonus Points If You Have
6 years in compliance, law, risk management experience, or related
CRCM
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.
Application Deadline: The application window for this position is anticipated to close on Feb-03-2025. 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 $91,000.00 to $153,400.00. 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 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 **MEMBERS ONLY**SIGN UP NOW***. 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 applicant’s 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).
Applicants must be 18 or older at the time of hire.
