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:

What is the AARC?

Our analytics roles provide quantitative and qualitative analysis for the development of new or existing strategies, models, products, and improving programs or systems. We help drive fact-based decisions by providing critical insights into consumer, product and behavioral data. These roles also leverage AI/ML in automated decisioning systems to mitigate fraud and other risks, increase marketing performance, and improve customer interactions. At Discover, we leverage data and analytics throughout the product and customer lifecycles to improve our products, strategies, processes, and capabilities.

The Advanced Analytics Resource Center (AARC), is a rapid development program that will establish Discover as the leader in driving value through the application of analytics, delivery of insights and decisioning intelligence.

At Discover, we know that careers aren’t just about work, they’re also about people. We put our people first and are committed to building a diverse workforce where every team member can thrive in an inclusive and equitable environment.

What You’ll Do

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.

Participants can expect to:

• 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

• Three Days a week in office with one day being in Discover Headquarters in Riverwoods, IL and Two days in Chicago (350 N. Orleans Chicago)

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 analytics tools.

Qualifications You’ll Need

The Basics

• PhD in Mathematics, Statistics, Information Technology, Engineering, Economics, or related

Bonus Points If You Have

• 2+ years experience developing data-based analytics solutions; financial services industry and modeling or related

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 Sep-09-2024. 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 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 [email protected]. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.