Discover Financial Services

Director, Compliance Regulatory Change Operations

Discover Financial Services

Riverwoods, IL 60015, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Discover Financial Services, where we strive to empower our customers to achieve their financial goals. We are currently seeking a highly motivated and experienced Director of Compliance Regulatory Change Operations to join our team. In this role, you will play a critical role in ensuring our company's compliance with regulatory requirements and driving operational excellence. We are looking for a dynamic leader who is passionate about compliance and has a strong understanding of regulatory change management. If you are a self-starter with excellent communication and analytical skills, we would love to hear from you. Join us in our mission to provide exceptional financial services and make a positive impact on our customers' lives.

  1. Develop and implement a comprehensive compliance regulatory change management program to ensure Discover Financial Services remains compliant with all applicable laws and regulations.
  2. Monitor and analyze regulatory changes and communicate potential impacts to relevant departments and teams.
  3. Collaborate with cross-functional teams to develop and implement strategies to address regulatory changes in a timely and efficient manner.
  4. Proactively identify potential compliance risks and work with internal stakeholders to mitigate those risks.
  5. Conduct regular audits and reviews to ensure compliance with regulatory requirements and identify any areas for improvement.
  6. Serve as a subject matter expert on compliance regulatory change management and provide guidance and training to team members and other departments.
  7. Stay up-to-date on industry trends and changes in regulatory requirements to ensure the company's compliance processes are current and effective.
  8. Build and maintain strong relationships with external regulatory agencies and ensure timely and accurate reporting as required.
  9. Partner with internal legal counsel to interpret and apply regulatory requirements to business operations.
  10. Lead and mentor a team of compliance professionals, fostering a culture of accountability, collaboration, and continuous improvement.
  11. Develop and maintain compliance policies and procedures and ensure they are regularly reviewed and updated as needed.
  12. Collaborate with IT and other relevant departments to implement technology solutions to enhance compliance processes and procedures.
  13. Prepare and present reports to senior management and other stakeholders on compliance regulatory change management activities and results.
  14. Maintain a high level of integrity and confidentiality in handling sensitive information related to compliance and regulatory matters.
  15. Act as a liaison between the company and regulatory agencies during audits and examinations.
Where is this job?
This job is located at Riverwoods, IL 60015, USA
Job Qualifications
  • Bachelor's Degree In Business Administration, Finance, Economics, Or Related Field.

  • Minimum Of 7 Years Of Experience In Compliance And Regulatory Change Operations Within The Financial Services Industry.

  • Strong Understanding Of Regulatory Requirements And Compliance Frameworks, Such As Dodd-Frank Act And Consumer Financial Protection Bureau (Cfpb) Regulations.

  • Proven Experience In Managing And Leading Cross-Functional Teams To Implement Regulatory Changes And Ensure Compliance.

  • Excellent Communication And Interpersonal Skills, With The Ability To Effectively Communicate With Stakeholders At All Levels And Influence Decision-Making Processes.

Required Skills
  • Risk Management

  • Change Management

  • Process Improvement

  • Project Management

  • Data Analysis

  • Regulatory compliance

  • Stakeholder management

  • Policy Development

  • team

  • Regulatory Knowledge

  • Operational Efficiency

  • Compliance Strategy

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Teamwork

  • Active Listening

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Director, Compliance Regulatory Change Operations in Riverwoods, IL 60015, USA is $150,000-$200,000 per year. This may vary depending on the specific industry and company, as well as the individual's experience and qualifications.

Additional Information
Discover Financial Services is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 18th, 2024
Apply BeforeJune 9th, 2026
This job posting is from a verified source. 
Reposted

Apply with Video Cover Letter Add a warm greeting to your application and stand out!

About Discover Financial Services

Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.

Frequently asked questions

Get interviewed today!

JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.

Get Started