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Principal Compliance Specialist - Collections Advisory

Discover
Riverwoods, IL, United Statesfull_timeVerifiedPosted 21 Nov 2023
💰 $145,700/yr($86,500/yr$145,700/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:

Responsible for maintaining and enhancing department or functional units in support of the overall compliance program components.

This role will support Collections Regulations.

Responsibilities

  • Maintains and enhances department or functional units in support of the overall compliance program components.

  • Assists with researching regulatory compliance requirements and evaluating the adequacy of business policies, procedures, training and reference materials, system, and manual processes.

  • Assists with the identification and assessment of compliance program risks and controls.

  • Supports management in the development, implementation, and maintenance of compliance programs and a culture of compliance.

  • Assists with the preparation of status reports of program initiatives, activities, and compliance issues to management and committees.

Minimum Qualifications

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

  • Bachelor's Degree in any field

  • 6+ years of experience in compliance, law, risk management, or related field

  • In lieu of a degree, 10+ years of experience in compliance, law, risk management, or related field

Preferred Qualifications

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

  • Master's Degree in Business, Security, Law, Computer Science, Data Analytics, or Risk

  • 8+ years of experience in compliance, law, risk management, or related field

  • Certified Regulatory Compliance Manager

  • JD, CISA, CIPP, CRMP, PMP, RIMS, or similar license/certification

  • Knowledge of Collections and Recovery

  • Knowledge of FDCPA, SCRA, UDAAP, SCRA, Reg X and TCPA preferred

Compensation:

The base pay for this position generally ranges between $86,500.00 to $145,700.00. 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)

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