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
- Responsible for leading all 2nd line independent credit risk oversight for new and existing Discover Personal Loan (DPL) and Home Loan (DHL) portfolios. Responsible for review and effective challenge of 1st line credit strategies to ensure that all strategies related to DPL and DHL credit meet profitability hurdles and are within corporate risk appetite.
- Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.
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How You'll Do It
- Responsible for the end-to-end oversight of credit risk performance of new and existing Discover DPL and DHL accounts. Leads analytic staff in developing appropriate strategy level monitoring, ongoing performance analyses to identify early trends, and reporting to ensure loans meet expected profitability hurdles and credit loss targets.
- Responsible for effectively challenging credit assumptions used to forecast strategy P&Ls prior to implementation and reviewing our test & learn programs. Leads analytic staff in identify emerging risks and providing a concise point of view to senior executives.
- Provides counsel to the Chief Credit Officer and executive management on issues related to DPL and DHL credit risk, and evaluates significant transactions and/or capital commitments
Qualifications You'll Need
The Basics
- Bachelor's Degree in Analytics, Statistics, or related
- 12+ years of experience in credit risk management, marketing analytics or related experience
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
- Travel up to 10% of the time
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 Nov-18-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
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.