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:

What You’ll Do

Responsible for assessing 1st line business processes and controls used to monitor and test 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.

How You’ll Do It

• Collaborate with various levels of management within the areas of responsibilities, including the risk functions within the 1st Line of Defense. Evaluate and test the adequacy of business processes and practices with respect to risks, controls and regulatory requirements identifying gaps and issues.                                                     

• Manage activities of Compliance Testing staff (direct/indirect) and is responsible for the overall integrity and quality of the work product.                                      .

• Create and maintain testing workpapers and supporting documentation. Draft written reports regarding compliance testing results.

• Monitor and validate the status of corrective actions taken by business partners to remediate concerns. Create and maintain testing workpapers and supporting documentation. Draft written reports regarding compliance testing results.

• Maintain a high level of awareness and knowledge of regulatory compliance requirements. Support Compliance Management in developing, implementing, and maintaining an enterprise-wide Compliance Program and culture of compliance.

Qualifications You’ll Need
The Basics

• Bachelor’s degree in Business Administration and Management, Finance or Law

• 4 + years of experience in Compliance, Financial Services, Risk, BSA/AML or Related  

• In Lieu of Education 8+ years of experience in Compliance, Financial Services, Risk, BSA/AML or Related including Testing, Quality Assurance or Audit

​Physical and Cognitive Requirements

The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

• Primarily remain in stationary position.

• No required movement about the work environment to complete the major responsibilities of the job.

• Primarily performed indoors in an office setting.

• Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.  

• Ability to communicate verbally; Ability to communicate in written form.

Bonus Points If You Have

• 6 + years of experience of Testing, Quality Assurance, Audit or Related experience

• 4 + years of compliance and transparency, risk identification and assessment,  processes, tools and techniques to provide oversight and challenge to risk measurement activities,  knowledge and understanding of compliance laws and regulations, Policies and procedures, governance and reporting, risk monitoring and testing, identification of regulatory risks and adequate risk mitigants, handling of complaints, comprehensive, risk-based compliance training specifically tailored  to job roles and responsibilities.

• 4 + years of effective written and verbal communication, building partnerships and working collaboratively with others to meet shared objectives, and optimizing work process with a focus on continuous improvement

• Certified Regulato