28 days old

Lead Compliance Tester - P201417

Riverwoods, IL 60015
  • Job Code
    P201417

At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We're all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

The successful candidate will be 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.

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 requirement 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.
  • Demonstrates strong knowledge of banking industry, consumer lending products, business practices and processes.
  • Assists in identification of compliance risk as they relate to consumer protection regulations (e.g. ECOA, FCRA, TILA, FDCPA, SCRA, Privacy, and UDAAP) and reports issues to senior compliance professionals.
  • Communicates and influences upper levels of management in a confident, assertive, clear and succinct manner; both verbally and in writing.

Minimum Qualifications

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

  • Bachelor's Degree
  • 4+ years of experience in Project Management, Compliance, Financial Services, Risk, Operations, Governance or related field
Preferred Qualifications

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

  • 6+ years of experience in Compliance, Law, Risk, Operations, Governance or related field
  • In lieu of degree, 8+ years of experience in Compliance, Law, Risk, Operations, Governance or related field
  • Certified Regulatory Compliance Manager
  • Certified Anti-Money Laundering Specialist
  • Certified Internal Auditor
#LI-AP1

Discover Financial Services is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, among other things, or as a qualified individual with a disability.



Categories

Industry

  • Banking / Finance
Posted: 2019-09-19 Expires: 2019-11-07

Welcome to Discover
We strive to be the leading direct bank and payments services company. Our mission is to help people spend smarter, manage debt better, and save more to achieve a brighter financial future.


Why Work with Us?
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.


 

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Lead Compliance Tester - P201417

Discover
Riverwoods, IL 60015

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