Principal Production Support Specialist - Payments Compliance/Regulatory

<p>Are you a highly motivated and detail-oriented individual with a passion for ensuring compliance and regulatory adherence? Do you possess a strong understanding of payments systems and processes? If so, we have an exciting opportunity for you to join our team at Discover Financial Services as a Principal Production Support Specialist! As a leading financial services company, Discover is dedicated to maintaining the highest standards of compliance and regulatory requirements. In this role, you will play a critical part in ensuring that our payments systems and processes are in line with industry regulations. If you are ready to take on a challenging and rewarding position, read on to learn more about the qualifications and responsibilities for this role. Monitor and ensure compliance with all regulatory requirements and industry standards related to payments systems and processes. Develop and maintain thorough understanding of all relevant regulations and guidelines. Work closely with cross-functional teams to identify and address any compliance issues. Perform regular audits and reviews to ensure adherence to compliance requirements. Develop and implement processes and procedures to ensure compliance and mitigate potential risks. Collaborate with internal and external stakeholders to provide guidance and support on compliance related matters. Conduct training sessions to educate employees on compliance standards and regulations. Stay up-to-date on industry developments and changes in regulations related to payments systems and processes. Lead and participate in internal and external compliance audits. Identify and report any potential compliance issues and assist in developing corrective action plans. Monitor and analyze data to identify trends and potential risks. Identify and recommend process improvements to increase efficiency and effectiveness of compliance processes. Serve as a subject matter expert on compliance related matters and provide guidance and support to team members. Maintain accurate and organized records of compliance activities and documentation. Act as a liaison with regulatory agencies and participate in regulatory exams and inquiries.</p><p>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.</p>

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