Principal Regulatory Operations

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 regulatory coordination and non-regulatory examination inquires by developing, enhancing and maintaining a sustainable infrastructure. Maintains programs related to tracking of examination findings, remediation and effective challenge of corrective action through the Supervisory Matters Oversight Group. In addition, provides assistance with managing and coordinating high risk regulatory examinations during peak exam activity levels new initiatives.
• Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management

How You'll Do It

• Maintains an enterprise-wide centralized repository of non-examination inquiries, requests and responses, and any ad-hoc matters requiring attention. Maintains and tracks activities related to Discover's regulatory engagement strategy. Coordinates strategic relationship meetings with senior management/Executive Committee and the regulators including agenda topics. Maintains policies and procedures. Provides tracking and reporting of all regulatory findings resulting from supervisory examination.
• Facilitates a process of effective challenge of corrective actions. Coordinates activities of the Supervisory Matters Oversight Group (SMOG), including coordination with business partners and SMOG members ensuring best practices. Manage Pre-SMOG activities for unsatisfactory exam findings and related Response Letter process and Interim SMOG meetings/interactions
• Provides assistance with managing and coordinating high risk regulatory examinations during peak exam activity levels.
• Exercises prudent discretion and decision-making capabilities to drive and achieve compliance with laws, regulations, ordinances, policies, procedures. Provides proactive, timely and comprehensive risk management support to colleagues and assigned business unit clients by providing guidance within a specialized area or particular business activity. Identifies and communicates information to business clients related to assigned SME, and provide strategic guidance on new or proposed requirements, emerging risks and trends to colleagues and business clients.

Qualifications You'll Need
The Basics

• Bachelor's degree in Business Administration and Management, Finance or related
• 6+ years of experience Financial Analyst, AML, Customer Service or related

Physical and Cognitive Requirements

• Primarily remain in a 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 communicate verbally.; Ability to communicate in written form.
• Travel up to 10% of the time.

Bonus Points If You Have

• 2+ years of experience in payments

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.
Application Deadline:
The application window for this position is anticipated to close on Nov-02-2024. 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 & 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.