Senior Compliance Tester

Last updated 9 days ago
Location:Riverwoods, Illinois

Discover. A brighter future.

With Discover, you’ll have the chance to make a difference at one of the world’s leading digital banking and payments companies. From Day 1, you’ll do meaningful work you’re passionate about, with the support and resources you need for success. We value what makes each employee unique and provide a collaborative, team-based culture that gives everyone an opportunity to shine. Be the reason millions of people find a brighter financial future, while building the future you want, here at Discover.

Job Description

Executes testing across DFS business units for adherence to Federal and State regulatory requirements, and assists the manager in leading the Compliance Review.

What You’ll Do

Execute enterprise-wide compliance testing program across DFS business units for adherence to federal and state regulatory requirements, and assist the manager in leading the compliance review. Senior Compliance Tester will be directed by the Compliance Testing Manager to complete compliance testing activities designated within the annual Compliance Testing Plan or as may be required on an ad-hoc basis.

How You’ll Do It

  • Obtain an understanding of the regulatory requirement and business processes to be tested.
  • Evaluate business policies, procedures, training, and processes with respect to regulatory requirements.
  • Work with the Testing Manager and/or Leads to review, adjust or develop compliance testing steps to accomplish the objective of the planned test
  • Maintain on-going communication with the Compliance Testing Manager and line of business prior to, during and after testing
  • Inspect documents, records, disclosures, systems, and report to verify compliance and identify trends or weaknesses in DFS business processes
  • Identify, confirm and document potential compliance issues, the root causes and recommend any corrective actions
  • Bring issues to attention of compliance and business management
  • Participate in the vetting process and formal exit meetings with management, as directed
  • Monitor and test business action plans established to correct deficiencies.
  • Accountable to compile and maintain work papers and supporting documentation of tests and findings timely
  • Participate in the vetting process and formal exit meetings with management, as directed
  • Execute enterprise-wide compliance testing program.
  • Compile and maintain work papers and supporting documentation of tests and findings.

Qualifications You’ll Need

The Basics

  • Bachelor's degree in business, finance, legal, or related field
  • 4+ years of experience in compliance, financial services, risk, and/or BSA/AML
  • In lieu of a degree, 6+ years of experience in testing, quality assurance, and/or audit

Bonus Points If You Have

  • 6+ years of experience in testing, quality assurance, and/or audit
  • Certified Anti Money Laundering Specialist
  • Certified Internal Auditor
  • Certified Regulatory Compliance Manager

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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.