Sr Manager Compliance Advisory – E-Business

Posted Feb 26

About This Role

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 Advisory role – E-Business will be responsible for compliance advisory activities specific to applicable regulatory requirements impacting the respective business line or corporate function. 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.

Develops and coaches teams to be able to identify, manage, and escalate risk, and effectively manages risk within the teams you oversee.

What You’ll Do

  • The Senior Manager role within Consumer Banking Compliance will support Discover E-Business and will be responsible for compliance advisory activities specific to consumer protection laws.
  • Issue-identification and advising on consumer compliance risks and mitigates in the context of incident reviews and remediation; regulatory change management; business change management for products, services, and systems; policies and procedures; audits; testing reviews; process and control assessments; vendor engagement reviews; training development and reviews; quarterly targeted monitoring and monthly periodic monitoring of first line processes.
  • Advise on and facilitate compliance with established Compliance Management System governance and programs.
  • Periodic involvement in regulatory exams, including drafting and reviewing exam responses; will lead cross-team Compliance department projects; will coach other advisory team members; and will develop and present senior management reporting on CMS risks impacting their coverage area.
  • Collaborate closely with other Compliance Advisors, subject matter experts, the Legal Organization, multiple lines of business, and business risk partners
  • Develops and coaches teams to be able to identify, manage, and escalate risk, and effectively manages risk within the teams you oversee.

How You’ll Do It

  • 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 mitigates
  • 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

Qualifications You’ll Need

The Basics

  • Bachelor's Degree
  • 8+ years of experience in Compliance
  • In lieu of education, 12+ years of experience in Compliance

Bonus Points If You Have

  • Certified Regulatory Compliance Manager
  • RIMS-Certified Risk Management Professional

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)