Principal 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 verifying that operating units are compliant with all appropriate local, state and federal regulations through execution of the compliance testing program, establishment of testing plans, collaboration with business management to identify compliance issues and corrective action plans, and preparation of compliance report to communicate the scope and severity of concerns identified to the applicable level of management. The role is responsible for managing (directly and indirectly) compliance department personnel, including training.
How You'll Do It

• Execution of control testing in accordance with procedures and standards.
• Develop test script to support assigned control reviews.
• Ensure test scripts are properly designed to identify gaps in the control design and/or operational effectiveness.
• Systemically retain documents to support results of control testing outcome.
• Manages scheduling to ensure all tasks and reporting are completed in a timely manner.
• Performs effective root cause analysis and obtains corrective action plans from the lines of business.
• Assists with the drafting of issues and the formal report.
• Actively manages and escalates identified risk and customer commitment impact issues.
• Responsible for overall integrity and quality of work performed.
• Maintains a high level of awareness and knowledge of regulatory requirements

Qualifications You'll Need
The Basics

• Bachelors degree in Business Administration and Management, Finance, Law, or related field.
• 6+ years in Compliance, Financial Services, Risk, and/or BSA/AML
• In Lieu of Education 10+ years 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 move about the workstation
• 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.
• Travel up to 10% of the time.

Bonus Points If You Have

• Certified Regulatory Compliance Manager
• Operational Risk Management related Certification
• Masters degree in Business Administration and Management, Law, Finance or related field.
• 8+ years of experience in Compliance, law, risk management, or related.
• Experience in control design and operational effectiveness testing.

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.
#LI-RR
Application Deadline:
The application window for this position is anticipated to close on Jan-28-2025. 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 $91,000.00 to $153,400.00. 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 & Pay Transparency Nondiscrimination Provision)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.