Debt management provider Encore Capital Group has appointed Steve Carmichael as senior vice president, chief risk and compliance officer.

Carmichael will report to Encore’s President and CEO Ashish Masih, serve on the company’s executive leadership team, and be accountable to the board of directors’ Risk Committee.

Carmichael joins Encore from Discover Financial Services, where he has served as head of enterprise and financial risk management since 2019, having oversight of its enterprise, credit, liquidity, market, and counterparty risk functions. Prior to that, Carmichael served as Discover’s chief compliance officer and head of corporate risk strategy.

Earlier in Carmichael’s career, he held senior strategic roles for financial institutions including Capital One, HSBC, and Wells Fargo.