Senior Principal Counsel

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:
What You'll Do

• This individual specializes in supporting operations, issues, remediation, and related risks, with a focus on drafting and negotiating complex agreements; supporting key business initiatives, operational processes, and controls; providing legal advice related to complex disputes; managing complex disputes; and communicating with senior leadership.
• This individual must be able to dig into complex legal issues; provide creative, risk-informed guidance that supports effective risk management; identify, assess, and communicate risks and legal and regulatory requirements; and collaborate effectively to help develop creative solutions.
• This individual will need to work efficiently as an individual contributor, work well as a part of a close-knit team, and collaborate closely with remote teams and stakeholders across the business, with a strong emphasis on creative solutions, proactive risk governance, and sound decision making.
• This individual will need to work with and manage outside counsel.
• This individual will need to be able to prioritize multiple competing demands and priorities in an environment that is fast-paced, interesting, challenging, supportive, and friendly.

How You'll Do It

• Exercises prudent discretion and decision-making capabilities to provide advice, direction and support to internal business clients, including risk, compliance, governance, government relations, and/or legal advice, as applicable to role, on new initiatives, business processes, contract review and analysis, training, corrective actions, compliance with laws, regulations, policies and procedures, litigation risk and issues raised in governance committees.
• Identifies, assesses, communicates information to business clients related to emerging regulatory topics and best practices, and provides oversight and strategic guidance on new or proposed legal and regulatory requirements, emerging legal and regulatory risks and trends.
• Communicates effectively with clients, customers, leadership, committees, regulators and counterparties as applicable.
• Manages resources, if assigned, including overhead, outside counsel and other budgets to achieve Law's financial goals.
• Develops and supports others by communicating, fostering respect, providing coaching and feedback, recognizing achievements, and effectively managing employee concerns.
• Continuously improves and adheres to required standards and processes to promote a risk-aware culture and ensure efficient and effective risk management.
• Provides advice, counseling, and training on moderately complex legal topics which may include one or more of the following coverage areas: Regulatory, Consumer Finance Advisory, Transactional, Anti-Trust, Privacy/Security, Technology, Employment/Benefits, Litigation, Collections, Public Company, Payments, and Intellectual Property.

Qualifications You'll Need
The Basics

• J.D. in Law
• 3+ years legal experience supporting consumer financial services products and services, or job related, with experience to include drafting and negotiating complex agreements and/or handling complex disputes.
• Active law license in good standing

Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

• Primarily remain in a stationary position.
• Occasionally move about the work environment to complete the major responsibilities of the job.
• Primarily performed indoors in an office setting.
• Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
• Ability to communicate verbally.; Ability to communicate in written form.
• Travel up to 10% of the time.

Bonus Points If You Have

• 5+ years legal experience supporting payments networks or related businesses, or B2B financial services products and services, with experience to include drafting and negotiating complex agreements and/or handling complex disputes.

Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis
Application Deadline:
The application window for this position is anticipated to close on Mar-08-2025. 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 $106,000.00 to $178,800.00. 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
• Short and Long Term Disability, Life, and Accidental Death & Dismemberment insurances
• 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 [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.
At Discover, we are committed to creating an inclusive and equitable workplace through our Fair Chance Hiring practices. Fair Chance Hiring means that we base our hiring decisions on an applicant's qualifications rather than their criminal record. All our positions are subject to Section 19 of the Federal Deposit Insurance Act. Our applicants go through a background check, and we follow all applicable local laws, including the Los Angeles County Fair Chance Hiring Ordinance ( LA County Fair Chance ).
Positions marked as remote eligible are limited to remote locations within the country in which the position is based.
Applicants must be 18 or older at the time of hire.