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Senior Manager Compliance Advisory - Credit Card/Credit Risk
Senior Manager Compliance Advisory - Credit Card/Credit Risk-March 2024
Riverwoods
Mar 21, 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 Senior Manager Compliance Advisory - Credit Card/Credit Risk

  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:

  The Senior Manager Compliance Programs role within Card Compliance will support Discover's Credit Card product line and business operations and will be responsible for compliance advisory activities specific to consumer protection laws impacting those products. This includes identification and advising on compliance risks and mitigants in the context of issues management and remediation; regulatory change management; business change management for products, services, and systems; policies and procedures; monitoring and testing reviews; process and control assessments; and third-party oversight and training. The Senior Manager will also advise on and facilitate compliance with established Compliance Management System (CMS) governance and programs. In addition to these core advisory functions, the Senior Manager will have periodic involvement in regulatory exams, including drafting and reviewing exam responses; will lead and participate on cross-team Compliance department projects; will coach other advisory team members; and provide reporting to management on CMS risks. In executing these functions, the Senior Manager is expected to collaborate closely with other colleagues within Compliance, Corporate Risk Management, the Legal Organization, other lines of business and corporate functions and risk officers.

  Responsibilities

  Manage a team that maintains and enhances compliance program components. Provide support, coaching, and counsel to the team. Manage the development of team members by authoring and assigning goals, conducting periodic coaching and feedback reviews, and administering annual performance evaluations.Researches and understands regulatory compliance requirements to evaluate whether business policies, procedures, training, systems, processes, and controls comply with consumer protection laws; and to articulate those risks to stakeholders.Engages with business and risk partners to develop compliant solutions to mitigate and remediate consumer compliance risks; escalates risks appropriately.Leads identification and assessment of CMS program risks and mitigants.Understands Compliance Management System (CMS) components and the requirements of established CMS programs and promotes a culture of compliance.Executes compliance advisory functions within CMS programs.Creates and updates status reports of program initiatives, activities, and compliance risks to management and committees.

  Minimum Qualifications

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

  Bachelor's Degree8+ years of experience in Compliance, Law, Risk, or OperationsIn lieu of education, 12+ years of experience in Compliance, Law, Risk, or Operations

  Preferred Qualifications

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

  Certified Regulatory Compliance ManagerRIMS-Certified Risk Management ProfessionalTruth in Lending Act (TILA), Equal Credit Opportunity Act (ECOA), and Fair Credit Reporting Act (FCRA)

  Application Deadline:

  The application window for this position is anticipated to close on Dec-09-2023. 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 $103,000.00 to $174,200.00. 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 LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee 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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