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Discover

Senior Operational Compliance Specialist

Riverwoods, IL

Discover. A brighter future.

With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

Come build your future, while being the reason millions of people find a brighter financial future with Discover.

Job Description:

Job Description:

Will develop subject-matter-expertise surrounding customer- and other payee-facing legal requirements for information reporting and withholding as they apply to Discover products. Seeking a compliance-minded individual that is comfortable reading regulations and who is able, or willing to learn how to convert legal tax requirements into operational requirements. Will also be responsible for supporting the Tax Department team with managing department requirements and controls in support of the Discover enterprise product operations programs and overall Tax Department needs.

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Responsibilities

  • Recognizes and documents changes in statute, regulations or guidance for communication to business teams.
  • Reviews and recommends operational tax-related enhancements to business team procedures, policies and training materials.
  • Supports business initiatives to provide new or enhanced products/activities to Discover customers by communicating the tax implications and requirements of those products or activities.
  • Reviews language in customer/payee-facing communications to ensure language is tax-appropriate.
  • Uses research tools to explore issues posed by business teams and formulates responses as guidance to those requests.
  • Facilitates and performs activities required by the Compliance Management System (CMS) for Corporate Tax.

Minimum Qualifications

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

  • Bachelor's Degree
  • 2+ years of experience in tax, finance, law, compliance, audit, risk management, or related field
  • In lieu of education, 6+ years of experience in tax, law, finance, compliance, audit, risk management, or related field

Preferred Qualifications

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

  • 4+ years of experience in Compliance, audit, law, paralegal, risk management, or related field
  • Certified Regulatory Compliance Manager

Application Deadline:
The application window for this position is anticipated to close on May-07-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.

Compensation:
The base pay for this position generally ranges between $65,000.00 to $109,800.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

Benefits:

We also offer a range of benefits and programs based on eligibility. These benefits include:

  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • STD, Life, LTD and AD&D
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan

Learn more at mydiscoverbenefits.com.

What are you waiting for? Apply today!

All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)

Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email HireAccommodation@discover.com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

Client-provided location(s): Riverwoods, IL 60015, USA
Job ID: Discover-R36380
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • HSA
    • On-Site Gym
    • Pet Insurance
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • On-Site Cafeteria
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Internship Program
    • Leadership Training Program
    • Promote From Within
    • Mentor Program
    • Access to Online Courses