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 Pitch:
The candidate will lead the development and maintenance of loss forecasting models that help drive decisions on allowance for loan losses and leases, capital adequacy, and corporate planning. The candidate will advance loss forecasting analytical capability providing loss driver insights and highlighting emerging risks and opportunities.
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What You'll Do
- Manage a team of data scientists/modelers to provide modeling solutions to Discover's businesses, while adhering to enterprise compliance and governance standards.
- Direct and lead the team to develop models, utilizing machine learning and other algorithms. Present the results of mathematical modeling and data analysis to management or other end users.
How You'll Do It
- Motivate and mentor the team of data scientists/modelers to grow their skills and careers, focused on creating a nurturing environment that encourages innovation and continual learning.
- Leverage extensive, deep technical knowledge and leadership skills to drive the development of data-science solutions and implement data-driven recommendations and outcomes.
- Act as a liaison among decision management, business technology teams, and other business partners in model lifecycle to escalate model time-to-market.
- Build relationships with business partners.
- Allocate resources and prioritize projects.
- Ensure that modeling projects are delivered in a timely manner.
- Maintain a high level of competency in statistical and analytical principles, tools and techniques, and support the advancement of the "best-in-class" analytical capabilities to unlock new capabilities and performance, and quickly adapt to modern modeling techniques.
- Demonstrate technical knowledge in analytical tools.
Qualifications You'll Need
The Basics
- Master's degree in statistics, mathematics, information technology, engineering, economics analytics, or related field
- 6+ years of experience in project management and modeling, or related field
- 2+ years of experience in people management
Bonus Points If You Have
- Ph.D. in statistics, mathematics, information technology, engineering, economics, or related quantitative field
- 8+ years of experience in the financial Industry, or related field
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Application Deadline:
The application window for this position is anticipated to close on Jun-26-2024. 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 $149,500.00 to $209,900.00. 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.