Director Business Compliance- Student Loans

Company: Discover
Location: Deerfield
Posted on: June 22, 2022

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 Company Overview: Discover Financial Services is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 190 countries and territories. Discover s vision is to be the leading direct bank and payments partner and its mission is to help people spend smarter, manage debt better and save more so they achieve a brighter financial future. At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers, and which is consistently awarded for both. We re all about people and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career. Position Overview: The Director of Business Compliance, Student Loans is responsible for overseeing a team of compliance advisors that provide compliance guidance and related services to the business. The incumbent works with the business to operationalize legal and regulatory requirements, review of business unit procedures and training for compliance matters, and providing advice and effective challenge related to regulatory and business process changes Responsibilities:

• Leads a team of compliance advisors that provide compliance guidance and related services to the business to ensure compliance coverage across all consumer facing regulations applicable to DFS
• Identifies compliance risks resulting from new or revised laws and regulations, ensures action plans are developed to manage the risks, including effective training, procedures, and other controls.
• Reviews and advises on new or revised business strategies, initiatives, and projects to ensure risks are effectively mitigated
• Provides oversight of risks identified by risk assessment team to ensure adequate controls are in place to mitigate existing risks in the business Minimum Qualifications At a minimum, here s what we need from you:
  • Bachelor s Degree in Business or Finance
  • 8+ years of experience in Consumer compliance, risk management, legal, including people management, or related In Lieu of Education:
    • 12+ years of experience in Consumer compliance, risk management, legal, including people management, or related Preferred Qualifications If we had our say, we d also look for:
      • Master s Degree in Law or Business Preferred
      • 10+ years of experience in Consumer compliance, risk management, legal, including people management, or related
      • 2+ years of people management experience
      • CRCM Preferred
      • #LI-ML2
      • #Remote
      • #BI-Remote 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. Associated topics: attorney, business, compliance department, corporate attorney, counsel, court, courtroom, internal, legal department, llp

Keywords: Discover, Arlington Heights , Director Business Compliance- Student Loans, Executive , Deerfield, Illinois