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Director Business Compliance

Discover
Riverwoods, IL, United Statesfull_timeVerifiedPosted 25 Mar 2024
💰 $263,400/yr($173,000/yr$263,400/yr)

About the role

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 finance

  • 8+ 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 business

  • 10+ years of consumer compliance, risk management, legal, including people management, or related

  • 2+ years of managing managers

  • CRCM

  • Certified 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 Mar-30-2024. 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 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.

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