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:

Responsible for developing, applying and enhancing credit risk oversight processes in support of and under the oversight of the overall Corporate Risk Management framework and system. Responsibilities will include but not limited to evaluating and monitoring of consumer credit risk appetite, tolerance and thresholds; defining the process for monitoring the performance of the consumer credit portfolio and performing regular reviews of credit risk strategies and asset quality, while using trade-offs among key business metrics such as credit losses, receivables, and profit; delivering effective presentations of credit and asset quality review results, findings and recommendations to multiple levels of leaderships. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

• Leads and executes credit risk oversight activities. Responsibilities include providing thought leadership & strategic thinking in developing review scope and work plan; coordinating with business partners to get data/information; determining appropriate approach to ensure a comprehensive and accurate view in assessing credit performance and asset quality; identifying data attributes, independently coding, and interpreting the analysis results by leveraging techniques such as segmentation, and advanced analytics; reviewing the credit risk strategies for its alignment with the company's credit risk appetite and credit policy, and identifying shortfalls in credit strategies by effectively challenging the assumptions used to develop credit strategies; and delivering effective presentations of oversight results and recommendations to multiple levels of leaderships.
• On a regular basis, independently analyzes, assesses, and monitors the credit quality of Discover loan portfolios (Card, DPL, DSL, and DHL). Responsibilities include designing and enhancing monitoring metrics; generating monitoring reports and summaries; and establishing early warning indicators to identify shifting portfolio trend.
• Conducts effective challenge on credit strategies and the credit management governance framework, new initiatives, risk appetite/key risk indicator framework and thresholds, and loan classification criteria. Continuously monitors and validates risk appetite and key risk indictors.
• Performs ad hoc credit risk/asset quality analysis. Delivers effective presentation of findings and recommendations to multiple levels of leadership, creating visual displays of quantitative information.

• Master's degree in Statistics, Economics, Analytics, Mathematics, Engineering, or related field.
• 4+ years of experience in Statistics, Economics, Engineering, or other quantitative discipline, or equivalent internship or research experience.
• In lieu of education, 6+ years of experience in Statistics, Mathematics, Economics, Engineering or any related field with relevant modeling/analytical experience, including a Bachelor's Degree.

• Does this job require remaining in a stationary position, including but not limited to, primarily sitting and standing? Primarily remain in a stationary position.
• Does this job require the ability to move about inside or outside the work environment to complete the major responsibilities of the job? No required movement about the work environment to complete the major responsibilities of the job.
• Does this job require the ability to transport physical objects? If so, provide the weight of the heaviest object the job needs to transport without the aid of machinery or equipment or the weight equivalency with the aid of machinery or equipment. No.
• Primarily, where is this job performed? Primarily performed indoors in an office setting.
• Does this job require the ability to operate equipment or machinery? No
• Does this job require the ability to communicate verbally or in written form? Ability to communicate verbally.; ability to communicate in written form.
• Does the job require travel? No.
• Does this role require testing or assessments to measure the ability to perform the job? No.

• Ph.D. in Statistics, Economics, Analytics, Mathematics, Engineering, or related field.
• 6 + years of experience in Statistics, Economics, Engineering, or other quantitative discipline, or equivalent internship or research experience.

• 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