Principal Compliance Tester
Posted on: 23 Oct 2021
Riverwoods, IL
Job Description
Responsibilities
Collaborates with various level of management within the areas of responsibilities, including the risk functions within the first line of defense. Evaluates and tests the adequacy of business processes and practices with respect to risks, controls, and regulatory requirements, identifying gaps and issues.
Maintains a high level of awareness and knowledge of regulatory compliance requirements. Supports compliance management in developing, implementing, and maintaining an enterprise-wide compliance program and culture of compliance.
Monitors and validates status of corrective actions taken by business partners to remediate concerns.
Creates and maintains testing work papers and supporting documentation. Drafts written reports regarding compliance testing results.
Manages activities of Compliance Testing staff (direct/indirect), including training, and is responsible for the overall integrity and quality of the work product.
Minimum Qualifications
At a minimum, here’s what we need from you:
Bachelor's Degree in Business, Finance, or Legal
6+ years of experience in consumer compliance, financial services, risk
1-3 years of experience in management
Preferred Qualifications
If we had our say, we’d also look for:
Bachelor's Degree in Business, Finance, or Legal
8+ years of experience, 5 years in consumer compliance testing, quality assurance, regulatory examinations, risk & controls, and/or audit
Certified Regulatory Compliance Manager
Certified Internal Auditor
Discover
Riverwoods, IL
Discover Financial Services, through its subsidiaries, operates as a direct banking and payment services company in the United States. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, including private student loans, personal loans, home equity loans, and other consumer lending, as well as deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit.
The Payment Services segment operates the PULSE network, an automated teller machine, debit, and electronic funds transfer network; Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services; and Discover Network that processes transactions for Discover-branded credit and debit cards, as well as provides payment transaction processing and settlement services. The company was incorporated in 1986 and is based in Riverwoods, Illinois.
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IndustryBanking/Financial Services
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No. of Employees16,600+
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Website
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Jobs Posted458
