Principal Compliance Risk Management

Discover Financial Services

Riverwoods, IL

Principal Compliance Risk Management Location Riverwoods, IL : 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. : Principal Compliance Risk Management At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We're all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career. Responsible for advancing enterprise-wide compliance and risk strategies and standards. Responsible for establishing and managing compliance issues management processes across all Business units within Discover, as well as providing internal support to Compliance Advisory personnel. Ensures legal and regulatory risks that may adversely affect the organization's business objectives are identified, measured, remediated, and reported to executive management and Board/Audit and Risk Committee. Responsibilities Initiates, develops, and manages compliance issues management strategies and standards enterprise-wide. Ensures effective remediation of compliance and risk findings and supervisory matters. Establishes and builds strong, effective working relationships with business partners across the enterprise; develops a full understanding of current and emerging legal and regulatory risks and provides guidance on how to mitigate risk. Identifies, explores, and implements new compliance approaches and data sources to mitigate existing and emerging legal and regulatory risks. Establishes appropriate compliance standards, includes limits and thresholds associated with escalating legal and regulatory risk across all business units. Minimum Qualifications At a minimum, here's what we need from you: Bachelor's Degree in Business Administration, Economics, Finance, Risk Management, or related field 4+ years of experience in relevant financial services industry Preferred Qualifications If we had our say, we'd also look for: Master's Degree in Business Administration, Economics, Finance, Risk Management, or related field In lieu of a degree, 8+ years of experience in Financial Services Certified Regulatory Compliance Manager (CRCM) Prior data analytics and reporting experience Application Deadline: The application window for this position is anticipated to close on May-04-2024. 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 $88,500.00 to $149,300.00. 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.

Posted 2025-08-06

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