Senior Principal Compliance Specialist

Discover; Riverwoods (IL); On-site; USD 150,000 - 179,000; Full time

Job summary

Join a forward-thinking company in the digital banking sector, where your expertise in compliance and risk management will play a crucial role in shaping regulatory processes. This position offers a competitive salary and comprehensive benefits, including paid parental leave and medical insurance. You'll be part of a supportive culture that values professional development and collaboration. With opportunities for career advancement, your contributions will directly impact compliance initiatives and help ensure adherence to regulatory standards. If you're passionate about making a meaningful difference in compliance, this role is for you!

Benefits

Paid Parental Leave

Medical Insurance

Dental Insurance

Vision Insurance

Professional Development Opportunities

Qualifications

• 8+ years of compliance, law, risk, or operations experience.
• Strong understanding of compliance laws and regulations.

Responsibilities

• Provide compliance advisory activities related to regulatory requirements.
• Develop compliant solutions to mitigate consumer compliance risks.

Skills

Compliance Advisory

Risk Management

Regulatory Requirements

Communication Skills

Education

Bachelor's degree in Business Administration

Master's degree in Business Administration

Job description

Employer Industry: Digital Banking and Payments

Why consider this job opportunity:
- Salary up to $178,800
- Additional incentives as part of a competitive total compensation package
- Comprehensive benefits including Paid Parental Leave, Medical, Dental, and Vision insurance
- Opportunities for career advancement and professional development
- Supportive and collaborative work culture that values compliance and risk management
- Chance to make a meaningful impact on consumer compliance and regulatory processes

What to Expect (Job Responsibilities):
- Provide compliance advisory activities related to regulatory requirements impacting the business line or corporate function
- Identify and advise on compliance risks and mitigants in the context of issues management and remediation
- Develop compliant solutions to mitigate and remediate consumer compliance risks
- Create and update status reports of program initiatives, activities, and compliance risks for management and committees
- Collaborate with cross-functional teams on compliance department projects and regulatory exams

What is Required (Qualifications):
- Bachelor's degree in Business Administration, Law, Information Technology, Finance, or related field
- 8+ years of compliance, law, risk, operations, or related experience
- In lieu of education, 12+ years of compliance, law, risk, operations, or related experience
- Strong understanding of compliance laws and regulations
- Exceptional written and verbal communication skills

How to Stand Out (Preferred Qualifications):
- Master's degree in Business Administration, Law, Information Technology, or related field
- 10+ years of compliance, law, risk, operations, or related experience
- Certified Regulatory Compliance Manager upon hire
- Familiarity with risk identification and assessment processes
- Experience with Compliance Management System components

#DigitalBanking #Compliance #CareerOpportunity #CompetitiveCompensation #ProfessionalDevelopment

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