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
Oversees Regulatory Reporting teams, responsible for independently managing teams, providing direction, and prioritizing efforts. Oversees multiple highly complex business activities with senior managers and managers as direct reports. Demonstrates broad perspectives, cross-functional critical thinking, effective challenge and innovative thinking toward simplification and efficiency through technology and/or process improvement, within area(s) of responsibility. Demonstrates leadership in managing staff by providing insight and direction as it relates to training, development, and performance. Develop relationships, expanding leadership influence to accomplish results, reduce risk and simplify processes through others. Responsible for the design and operating effectiveness of the control environment within the area of responsibility. Apply judgment for the appropriate application of Corporate Policy, GAAP, Regulation, or established framework. Act as change agent for process improvement by leveraging technology advancements to simplify or automate processes with the goal of adding efficiency and reducing risk. Demonstrates strong written and oral communication with ability to lead discussions with senior and/or executive management, external auditors and regulators as required. Demonstrates influence, ability to drive change and decision-making across levels. Demonstrates accountability and leadership in the advancement of priorities independent of management oversight.
Responsibilities:
- Oversees regulatory financial reporting and regulatory data reporting; includes compliance with reporting requirements, maintaining appropriate controls, clear documentation, and timely filing in an efficient manner. Understands the business, systems used and control points across span of control. Leverages internal and external relationships to ensure appropriate application of regulatory guidance and consistency or ability to reconcile to US GAAP. Serves as point of contact for regulator questions. Demonstrates ability to lead discussions on regulatory issues with cross functional executive leaders, including Executive Committee members, and influence decisions.
- Monitors new regulatory reporting requirements and develops strategies to comply with changes in guidance or rules. Coordinates cross-functional communication to ensure consistent interpretation of regulatory rules with business partners including Technology, Treasury and Legal. Supports and assesses business initiatives and/or new transactions or products to determine impact to regulatory reporting and/or Reg W impacts. Develops and leverages external contacts to obtain insights into areas of judgment. Drives solutions to mitigate reporting risks while supporting advancement of corporate objectives. Displays sound judgment to weigh control risks versus potential business opportunities in formulating recommendations. Maintains appropriate policies and procedures for regulatory reporting including research and documentation of conclusions on application of reporting rules.
- Acts as change agent by developing and promoting vision of enhancing overall effectiveness and efficiency by adopting new technology and/or process improvement to drive simplification and modernization within area(s) of responsibility. Effective challenge of the status quo with a focus on adopting new ways of working to improve processes and reduce risk. Prioritizes work for process improvement within area(s) of responsibility and allocates resources as appropriate to ensure optimal deployment across people, processes, and technology.
- Demonstrates leadership over responsibilities during Regulatory, SOX, Compliance and Audit reviews or exams to satisfactorily meet review objectives. Leads discussions with regulators and auditors on complex matters or areas of judgment with the ability to influence outcomes. Requires both the oral and written ability to communicate the Company’s or Controllers’ position in a clear and concise manner. Escalates issues as appropriate.
- Provides direct management of staff often at the Senior Manager or Manager levels. Directs staffing across several teams inclusive of hiring, development and retention. Provides development and coaching on leadership skills and technical skills; strong focus on leadership development to support succession planning across the organization. Ensures appropriate calibration of performance across teams that there is direct oversight for and in the larger context of the organization. Allocates appropriate staff to meet business priorities.
Minimum Qualifications
At a minimum, here’s what we need from you:
- Bachelor’s Degree in Finance, Accounting, Business, or related
- 8+ years of experience in Accounting, Finance, Regulatory Reporting, or related field, including people management
Preferred Qualifications
If we had our say, we’d also look for:
- Master’s Degree in Finance, Accounting, Business, or related
- 12+ years of experience in Accounting, Finance, Regulatory Reporting, or related field, including people management
- Certified Public Accountant (CPA)
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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.
