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.
Job Description
Executes testing across DFS business units for adherence to Federal and State regulatory requirements, and assists the manager in leading the Compliance Review.
What You’ll Do
Execute enterprise-wide compliance testing program across DFS business units for adherence to federal and state regulatory requirements, and assist the manager in leading the compliance review. Senior Compliance Tester will be directed by the Compliance Testing Manager to complete compliance testing activities designated within the annual Compliance Testing Plan or as may be required on an ad-hoc basis.
How You’ll Do It
Obtain an understanding of the regulatory requirement and business processes to be tested.
Evaluate business policies, procedures, training, and processes with respect to regulatory requirements.
Work with the Testing Manager and/or Leads to review, adjust or develop compliance testing steps to accomplish the objective of the planned test
Maintain on-going communication with the Compliance Testing Manager and line of business prior to, during and after testing
Inspect documents, records, disclosures, systems, and report to verify compliance and identify trends or weaknesses in DFS business processes
Identify, confirm and document potential compliance issues, the root causes and recommend any corrective actions
Bring issues to attention of compliance and business management
Participate in the vetting process and formal exit meetings with management, as directed
Monitor and test business action plans established to correct deficiencies.
Accountable to compile and maintain work papers and supporting documentation of tests and findings timely
Participate in the vetting process and formal exit meetings with management, as directed
Execute enterprise-wide compliance testing program.
Compile and maintain work papers and supporting documentation of tests and findings.
Qualifications You’ll Need
The Basics
Bachelor's degree in business, finance, legal, or related field
4+ years of experience in compliance, financial services, risk, and/or BSA/AML
In lieu of a degree, 6+ years of experience in testing, quality assurance, and/or audit
Bonus Points If You Have
6+ years of experience in testing, quality assurance, and/or audit
Certified Anti Money Laundering Specialist
Certified Internal Auditor
Certified Regulatory Compliance Manager
#LI-DK1
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.
Work Perks:
24-Hour Nurse Hotline & Telehealth Services
7 Paid Holidays
Adoption Assistance
Annual Flu Shots
Commuter Benefits
Employee Assistance Program
Flexible Work Environment
Group Auto, Home and Pet Insurance
Healthy Eating Program
Legal Assistance Plan
Mother’s Rooms
Onsite Emotional Health Counselors
Onsite Fitness Centers
Onsite Weight Watchers at Work
Paid Parental Leave
Professional and Leadership Development Programs
Recognition Program
Service Anniversary Awards
Tuition Reimbursement
Health:
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
Financial Wellness:
401(k) Savings Plan with Fixed and Matching Contributions
Employee Stock Purchase Plan
Financial Engines
“Financial Wellness for You” Learning Programs
