Lead Compliance Specialist

Discover Financial Services, Inc.; Houston (TX); On-site; USD 77,000 - 132,000; Full time

Job summary

Join a leading digital banking company as a Lead Compliance Specialist, helping to manage and enhance compliance programs. In this role, you will work closely with various teams to ensure regulatory compliance and risk management processes are adhered to. The position requires a strong educational background in relevant fields and several years of professional experience. You will enjoy a collaborative work environment focused on your growth and success.

Benefits

Paid Parental Leave

Paid Time Off

401(k) Plan

Medical, Dental, Vision benefits

Education Assistance

Qualifications

• Bachelor's degree in Business Administration, Law, Accounting, Finance, or related.
• 4+ years of experience in Compliance, Risk or Project Management.

Responsibilities

• Assist in evaluating compliance risk and updating management reports.
• Collaborate with the Sales team on operational risk controls and audits.
• Maintain awareness of regulatory compliance requirements.

Skills

Compliance knowledge

Communication

Risk management

Education

Bachelors in Business Administration or related field

Masters in Law or related field

Job description

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

The Lead Compliance Specialist is responsible for assisting management in maintaining and enhancing programs in support of the overall compliance program elements. Actively manages and escalates risk and issues within the day-to-day role to management.

Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.


How You'll Do It

• Assists more senior compliance professionals in evaluating the adequacy of business policies, procedures, training and reference materials, system and manual processes and provides support for research of regulatory requirements.
• Assists Principals, Managers or Senior Manager in discrete portions of larger projects.
• Ensures compliance issues are brought to the attention of senior compliance professionals.
• Maintains a high level of awareness and knowledge of regulatory compliance requirements and assisting in the identification of compliance risks.
• Assists in providing updates for status reports of program initiatives, obtaining and developing content for management and committee presentation / reporting activities.
• Assists the Sales team with internal audits of the Sales team acting as a liaison between Audit and Sales providing guidance on evidence submissions.
• Assists the Sales team with operational risk control testing acting as a liaison between the testing team and sales team providing guidance on testing evidence submissions.
• Work with the Sales team to manage their procedures. Provide guidance on the creation and editing of the procedures to meet compliance requirements.

Qualifications You'll Need
Minimum Requirements

• Bachelors Business Administration and Management, Law, Accounting, Finance or related.
• 4+ years Project Management, Compliance, Law, Risk, Operations, Governance or Related Field
• In Lieu of Education Experience; 6+ years Project Management, Compliance, Law, Risk Operations and Governance or Related Field

Preferred Requirements

• Masters Law ,Business Administration and Management, Finance or related
• 4+ years • Models, champions, and reinforces a risk culture of compliance and
  transparency.
  • Applies general understanding of risk identification and assessment
  processes, tools and techniques to provide oversight and challenge to
  risk measurement activities.
  • Demonstrates knowledge and understanding of compliance laws
  and regulations.
  • Demonstrates knowledge of the Compliance Management System
  components related to:
  ◦ Policies and procedures, and clear communication of intended
  procedural expectations and process.
  ◦ Governance and reporting processes that provides a mechanism
  to identify, manage and escalate risks according to the
  organization's risk appetite.
  ◦ Evaluation of and/or challenges processes, new/existing products
  or services, regulatory changes, customer communications, and/or
  technologies to ensure Compliance risks are identified and mitigated.
  ◦ Identification and escalation of compliance risk management issues
  in a timely and effective manner, including ability to manage,
  monitor, and report on issues and development of action plans.
  ◦ Risk monitoring and testing activities to determine whether
  regulatory requirements are being adhered to and/or Controls
  are operating effectively.
  ◦ Identification of regulatory risks and adequate risk mitigants,
  as well as effectively challenging assessment of controls to prevent,
  detect, and correct errors.
  ◦ Handling of complaints, evaluating business initiatives and providing
  research on potential regulatory impacts.
  ◦ Due diligence on new and existing Third-Party engagements
  commensurate with the level of compliance risk involved in the
  services being provided.
  ◦ Comprehensive, risk-based Compliance training specifically tailored
  to job roles and responsibilities.
• 4+ years • Effective communication (written and verbal) that includes core
  components of active listening, persuasiveness, collaboration, and
  conciseness when meeting with and presenting to peers, various
  levels of leadership and other lines of business.
  • Build partnerships and work collaboratively with others to meet
  shared objectives.
  • Optimizes work processes with a focus on continuous improvement.
• Certified Regulatory Compliance Manager Upon Hire
• Professional Project Management Upon Hire
• Other: JD, CISA, CIPP, CRMP, RIMS or similar preferred

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 remain in a stationary position.
• Occasionally move about the work environment to complete the major responsibilities of the job.
• No
• 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.

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 Jun-30-2025. 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 $77,500.00 to $131,500.00. 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

• Short and Long Term Disability, Life, and Accidental Death & Dismemberment insurances

• 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, a division of Capital One, N.A., 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)

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 [e-mail] information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

At Discover, we are committed to creating an inclusive and equitable workplace through our Fair Chance Hiring practices. Fair Chance Hiring means that we base our hiring decisions on an applicant’s qualifications rather than their criminal record. All our positions are subject to Section 19 of the Federal Deposit Insurance Act. Our applicants go through a background check, and we follow all applicable local laws, including the Los Angeles County Fair Chance Hiring Ordinance (LA County Fair Chance).

Positions marked as remote eligible are limited to remote locations within the country in which the position is based.

Applicants must be 18 or older at the time of hire.