Principal Compliance Tester

Welcome to Discover Financial Services, a leading financial institution committed to providing innovative and secure financial solutions for our customers. We are seeking a highly skilled and detail-oriented individual to join our team as the Principal Compliance Tester. In this role, you will be responsible for ensuring that our company is meeting all regulatory requirements and maintaining the highest standards of compliance. We are looking for someone who is passionate about ensuring the integrity of our operations and has a strong understanding of compliance testing methodologies. If you have a keen eye for detail, excellent analytical skills, and a deep understanding of financial regulations, we encourage you to apply for this exciting opportunity.

1. Conduct and oversee compliance testing to ensure adherence to all relevant laws, regulations, and company policies.
2. Develop and implement compliance testing strategies, methodologies, and procedures.
3. Review and analyze data and reports to identify potential compliance issues and areas of improvement.
4. Collaborate with various departments to ensure compliance processes are in place and effective.
5. Communicate findings and recommendations to senior management and make suggestions for corrective actions.
6. Stay updated on regulatory changes and industry best practices to ensure compliance procedures are up-to-date.
7. Train and educate employees on compliance requirements and procedures.
8. Conduct risk assessments and identify potential compliance risks and areas of vulnerability.
9. Monitor and track remediation efforts for identified compliance issues.
10. Maintain accurate and organized documentation of compliance testing processes and results.
11. Develop and maintain relationships with regulatory agencies and external auditors.
12. Provide guidance and support to other team members on compliance-related matters.
13. Collaborate with cross-functional teams to implement new compliance processes and procedures.
14. Identify potential areas for process improvement and provide recommendations.
15. Uphold the company's commitment to ethical and compliant business practices.

According to JobzMall, the average salary range for a Principal Compliance Tester is $95,000 - $135,000 per year. However, this can vary depending on the specific company, location, and experience level of the individual. Some Principal Compliance Testers may earn higher salaries, particularly if they have extensive experience and a strong track record of success in the field. It is important to note that salary ranges can also be affected by factors such as education, certifications, and

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.