Full Job Description
With Discover, you’ll have the chance to make a difference at one of the world’s leading digital banking and payments companies. From Day 1, you’ll do meaningful work you’re passionate about, with the support and resources you need for success. We value what makes each employee unique and provide a collaborative, team-based culture that gives everyone an opportunity to shine. Be the reason millions of people find a brighter financial future, while building the future you want, here at Discover.
The DFS Corporate Compliance department seeks a Senior Compliance Analyst for its Compliance Testing team to execute upon the Compliance Testing Program to assess adherence with federal and state regulatory requirements, identify weaknesses and concerns resulting in heightened business risk, and work with key stakeholders to verify and communicate results.
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.
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.
Bachelor’s degree preferred
3-5 years of Compliance, Financial Services, Risk, and/or BSA/AML
Knowledge of consumer regulations
Knowledge of Discover business processes, procedures, and systems and/or credit card marketing and credit risk management, a plus
Self-motivated and ability to work independently
Ability to communicate effectively (both orally and in writing)
Excellent analytical skills and the ability to discern the practical application of regulatory and legal requirements
Strong attention to detail
Solid project management skills
Proficiency with MS Word, PowerPoint, Excel, Access, Project, Visio, Outlook and Lotus Notes, is a plus
What are you waiting for? Apply today!
The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.
24-Hour Nurse Hotline & Telehealth Services
7 Paid Holidays
Annual Flu Shots
Employee Assistance Program
Flexible Work Environment
Group Auto, Home and Pet Insurance
Healthy Eating Program
Legal Assistance Plan
Onsite Emotional Health Counselors
Onsite Fitness Centers
Onsite Weight Watchers at Work
Paid Parental Leave
Professional and Leadership Development Programs
Service Anniversary Awards
Annual health Evaluation and Health Coaching
Critical Illness Insurance
Health Savings Account, Health Reimbursement Account and Flexible Spending Accounts
Health, Vision and Dental Insurance
Life and Accident Insurance
Long-term and Short-term Disability Insurance
Onsite Health Services Center with Nurse Practitioner
401(k) Savings Plan with Fixed and Matching Contributions
Employee Stock Purchase Plan
“Financial Wellness for You” Learning Programs