Lead 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:

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.

Responsible for assessing first-line business processes and controls used to monitor and test for adherence with federal and state regulatory requirements. The role collaborates with management to identify compliance issues and corrective action plans and communicates the scope and severity of concerns identified to the applicable level of management.  Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management. 

Responsibilities 

• Manages activities of the Compliance Testing staff (direct/indirect) and is responsible for the overall integrity and quality of the work product. 
• Creates and maintains testing work papers and supporting documentation. Writes reports regarding compliance testing results. 
• 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.  
• Monitors and validates the status of corrective actions taken by business partners to remediate concerns. Creates and maintains testing work papers and supporting documentation. Writes reports regarding compliance testing results. 
• 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 a culture of compliance. 

Minimum Qualifications 

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

• Bachelor’s degree in business administration and management, Finance, or Law
• 4+ years of experience in Compliance, Financial Services, Risk, and/or BSA/AML or related
• In Lieu of Education Experience 8+ 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: 

•  6+ years of experience in Compliance, Financial Services, Risk, and/or BSA/AML or related
• Certified Regulatory Compliance Manager
• · Certified Anti-Money Laundering Specialist
• · Certified Internal Auditor

Application Deadline:

The application window for this position is anticipated to close on Sep-09-2024. 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 $75,500.00 to $127,900.00. 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 d