Principal Compliance Tester

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:

Responsible for verifying that operating units are compliant with all appropriate local, state, and federal regulations through the execution of the compliance testing program, establishment of testing plans, collaboration with business management to identify compliance issues and corrective action plans, and preparation of compliance report to communicate the scope and severity of concerns identified to the applicable level of management. The role is responsible for managing (directly and indirectly) compliance department personnel, including training. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management. 

Responsibilities 

·         Collaborates with various levels of management within the areas of responsibilities, including the risk functions within the first line of defense. Evaluates and tests the adequacy of business processes and practices with respect to risks, controls, and regulatory requirements, identifying gaps and issues. 

·         Maintains a high level of awareness and knowledge of regulatory compliance requirements. Supports compliance management in developing, implementing, and maintaining an enterprise-wide compliance program and culture of compliance. 

·         Monitors and validates status of corrective actions taken by business partners to remediate concerns. 

·         Creates and maintains testing work papers and supporting documentation. Drafts written reports regarding compliance testing results. 

·         Manages activities of Compliance Testing staff (direct/indirect), including training, and is responsible for the overall integrity and quality of the work product. 

Minimum Qualifications 

At a minimum, here’s what we need from you: 

·         Bachelor’s degree in business administration and management, Finance, or Legal 

·         6+ years of experience in Compliance, Financial Services, Risk, and/or BSA/AML 

·         In Lieu of Education, 10+ years’ experience in Compliance, Financial Services, Risk, BSA/AML or Related including Testing, Quality Assurance or Audit

Preferred Qualifications 

If we had our say, we’d also look for: 

·         8+ years of experience, 5 years in Testing, Quality Assurance, Risk & Controls, and/or Audit 

·         CAMS Certification or similar certification  

·         Certified Internal Auditor 

·         Certified Regulatory Compliance Manager 

·          1+ years of experience in management