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Principal Regulatory Change Risk
Riverwoods, IL SEO friendly job title: Principal Regulatory Change Risk (Remote Eligible) H1 Heading: Discover is Hiring a Principal Regulatory Change Risk for Remote Position H2 Heading: Lead, Maintain, and Enhance Regulatory Change Process for Discover Bold Headlines: - Collaborative Culture and Meaningful Work - Opportunity to Shine and Grow - Actively Manage and Escalate Risk - Responsibilities and Minimum Qualifications - Compensation and Benefits at Discover Discover is looking for a Principal Regulatory Change Risk to join their team. This is a remote position, offering the opportunity to work from anywhere. Discover values collaboration, growth, and making a difference in the digital banking and payments industry. They are committed to providing a diverse and inclusive workplace for all employees. As a Principal Regulatory Change Risk, you will lead, maintain, and enhance Discover's regulatory change program. You will be responsible for overseeing the Legal Library inventory of laws and regulations, as well as the Identification, Communication, Assessment, and Planning (ICAP) process. This role requires strong thought and results leadership, with exposure to senior leaders, attorneys, and business partners. Key Responsibilities: - Lead, maintain, and enhance Discover's regulatory change process - Demonstrate Discover Behaviors while managing day-to-day operations - Identify, monitor, analyze, communicate, and track international and domestic regulatory changes - Monitor, communicate, and track state laws applicable to the company - Create and maintain procedures and standards for effective regulatory change management - Implement and maintain appropriate controls - Oversee technology solutions and ensure data integrity - Develop and maintain actionable reporting and metrics - Provide training related to the regulatory change process - Partner with Attorneys, Corporate Compliance, and Business Partners for timely communication and implementation of changes - May lead a team of professionals and provide coaching, development, and performance management - Exercise discretion and independent decision-making to ensure compliance with laws, regulations, and policies - Provide risk management support and guidance to colleagues and business units Minimum Qualifications: - Bachelor's Degree in Business, Finance, or relevant field - 6 years of experience in Risk Management, Compliance, Internal Audit, or related field in Financial Services - Strong understanding of regulatory requirements and risk management principles Preferred Qualifications: - Bachelor's of Law Degree - 2 years of Legal Risk Management or Operations experience - 2 years of experience using GRC systems, Tableau, Microsoft Suite Discover is looking for someone who is passionate about risk management and compliance. They offer a range of benefits and programs, including paid parental leave, paid time off, 401(k) plan, medical, dental, and vision coverage, and more. The base pay for this position ranges from $88,500 to $149,300, with additional incentives based on eligibility and factors such as experience and education. Don't wait any longer, apply now and be a part of a company that puts their customers at the center of everything they do. 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. |
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