27 days old

Manager AML Compliance - P163681_S2

Riverwoods, IL 60015
Apply Now
Apply on the Company Site
  • Job Code
    P163681_S2

At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We're all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

Responsible for the strategy, management and oversight of key components of Discover's Compliance program. Works extensively with, and under the oversight of, the Unit's Senior Manager. Responsible for ongoing development of processes to support organization growth and maturity. Responsibilities include ownership of strategy, policy and procedures, rule tuning and testing, reporting development and management, including quality metrics, and exam management. Assists with executing various tasks within the operational environment. Leads multiple teams to help drive this strategic and operational execution.

Responsibilities

  • Serve as backup for Payment Services AML Officer in key initiatives designed to right-size the risk management of the program, streamline key areas and ensure sustainability
  • Assists PS AML Officer in evaluating the adequacy of business policies, procedures, training and reference materials, system and manual processes and provides support for research of regulatory requirements.
  • Assists PS AML Officer in evaluating the adequacy of business policies, procedures, training and reference materials, system and manual processes and provides support for research of regulatory requirements.
  • Assists in obtaining and developing content for presentations for AML strategic priorities & Committee reporting
  • Assesses compliance with BSA/sanctions related regulations and established Network policies and procedures and identify any potential and emerging BSA/sanctions/fraud risks or issues.
  • Drives strategy, including process improvement and risk mitigation across the program through identification, prioritization and execution of key deliverables. Establishes, maintains and refines project plans to drive continued growth and maturity across the organization.
  • Attends continuing education courses, reading industry news articles, attending workshops and conferences, etc. to ensure awareness and understanding of the most current industry standards and regulatory expectations. Ensures efficient and effective risk and compliance management practices by adhering to required standards and processes.
  • Continuously assesses the program, identifies and implements opportunities for increased effectiveness, efficiency and risk mitigation. Interfaces with internal audit and external examiners as needed to explain the control environment and scope of QA reviews.

Minimum Qualifications

At a minimum, here's what we need from you:

  • Bachelor's Degree in Business, Liberal Arts or related field
  • 6+ years of experience in BSA, AML, OFAC, KYC, or related field
  • In lieu of a degree, 10+ years of experience in Compliance/Risk in a financial Institution, BSA, AML, OFAC KYC, or related field

Preferred Qualifications

If we had our say, we'd also look for:

  • CAMS Certification

Discover Financial Services is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, among other things, or as a qualified individual with a disability.



Categories

Industry

  • Banking / Finance
Posted: 2019-07-27 Expires: 2019-09-05

Welcome to Discover
We strive to be the leading direct bank and payments services company. Our mission is to help people spend smarter, manage debt better, and save more to achieve a brighter financial future.


Why Work with Us?
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.


 

Featured Employers[ View All ]

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Manager AML Compliance - P163681_S2

Discover
Riverwoods, IL 60015

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast