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Principal Compliance Risk Management
Principal Compliance Risk Management-April 2024
Riverwoods
Apr 17, 2025
ABOUT DISCOVER
Make a difference working in a culture that thrives on customer-focused innovation.
10,000+ employees
Financial Services
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About Principal Compliance Risk Management

  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:

  Develops and manages Partner escalation and compliance program strategy and execution to ensure partner compliance with Discover policies and applicable regulations. Creates robust framework to manage assessment of non-compliance fees and uniform delivery and execution to our impacted internal and external stakeholders. Drives high-brand-risk program maturation and program development.

  Responsibilities

  Identifies, explores, and implements new compliance approaches and data sources to mitigate existing and emerging legal and regulatory risks.

  Establishes appropriate compliance standards, includes limits and thresholds associated with escalating legal and regulatory risk across all business units.

  Establishes and builds strong, effective working relationships with business partners across the enterprise; develops a full understanding of current and emerging legal and regulatory risks and provides guidance on how to mitigate risk.

  Leads execution of compliance and risk findings.

  Initiates, develops, and manages strategies and standards enterprise-wide.

  Minimum Qualifications

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

  Bachelor's Degree in Business Administration, Economics, Finance, Risk Management, or related field

  4+ years of experience in relevant financial services industry

  In lieu of degree, 8+ years of relevant financial services experience

  Preferred Qualifications

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

  Master's Degree in Business Administration, Economics, Finance, Risk Management, or related field

  Association of Certified Anti-Money Laundering (ACAMS)

  8 + years payments / network compliance or related experience working with acquirers, merchants, and other network participants.

  #li-cs1

  Application Deadline:

  The application window for this position is anticipated to close on Jan-14-2024. 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 $88,500.00 to $149,300.00. 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) (https://urldefense.com/v3/__https:/www.eeoc.gov/poster__;!!MjXRb4uW6x5k!ABIVgRw0WsyX2wfQC-pKxK3V9X4h1NBUGgjO7EM8PTvp5MNRgpEuVC_jVk0fcn_ISAZjmwkbLuUIrj8mFedCBkyz$)

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