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2025 AARC Modeler

AT Discover
Discover

2025 AARC Modeler

Chicago, IL

At Discover, you will never stop learning. We are looking for people driven by purpose, who want to help us change the game in financial services. We were founded in 1986, and now have over 16,000 employees. Together we are dedicated to helping people spend smarter, manage debt better and save more for a brighter financial future.

By joining us, you will be part of a culture where diversity, teamwork and collaboration reign. We are as focused on our employees as we are on our customers - and we have been consistently awarded for both. Be the reason we help millions of people build a brighter financial future, and achieve yours along the way.

Job Description:

Discover's Analytics Development Program at the AARC is designed to accelerate learning and career development of participants. Our goal is to enable passionate, motivated, curious, and solutions-oriented professionals and give them the training, resources, skills, and experiences to create value for the business while advancing their careers.

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As part of the program, participants will:

  • Work alongside experienced technical managers and contribute to challenging and meaningful assignments across Discover, ranging from consumer banking, credit risk management, Anti-Money Launder/Bank Secrecy Act, fraud mitigation, customer service, etc.
  • Participate in a structured learning curriculum and training to increase development and impact
  • Develop cross-functional industry and market knowledge, along with technical and leadership skills
  • Receive ongoing feedback and coaching from project leads, performance managers, and a dedicated program management team
  • Engage with other participants as a cohort to expand knowledge sharing, collaboration, and professional network
  • Explore various career pathways in analytics, modeling, and data engineering
  • Move to a post-program position within 12-24 months

What You'll Do

  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

How You'll Do It

  • Researches and leverages state of the art modeling techniques; participates in modeling innovation
  • Leverages extensive, deep technical knowledge and leadership skills to drive the development of data science solutions and implements data-driven recommendations and outcomes.
  • Maintains a high level of competency in statistical and analytical principles, tools and techniques, and supports the advancement of the "best-in-class" analytical capabilities to unlock new capabilities and performance, and quickly adapts to modern modeling technique. Demonstrated knowledge in analytical tools.

Qualifications You'll Need
The Basics

  • Must have a PhD in Mathematics, Statistics, Information Technology, or Engineering

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.
  • No required movement 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.

Bonus Points If You Have

  • A graduation date between Aug 2022-Aug 2025

Discover Professional Skills - Virtual Job Simulation

We've partnered with Forage to offer a way to jump start building your career skills at Discover. Complete tasks guided by pre-recorded videos and example answers from our team at Discover and use these new skills in your applications and throughout your career journey.

Click HERE to EXLPORE and LEARN MORE

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 Jan-11-2025. 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 role is $120,000.00 annually. 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.

Client-provided location(s): Chicago, IL, USA
Job ID: Discover-R43592
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • HSA
    • On-Site Gym
    • Pet Insurance
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • On-Site Cafeteria
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Internship Program
    • Leadership Training Program
    • Promote From Within
    • Mentor Program
    • Access to Online Courses