Posted:
9/3/2024, 5:00:00 PM
Location(s):
Chicago, Illinois, United States ⋅ Illinois, United States
Experience Level(s):
Internship
Field(s):
Data & Analytics
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.
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
Develops advanced analytics solutions including customer segmentation, optimization, test & design of experiments and prescriptive analytics to solve business problems. Operates as a subject matter expert on statistical analysis, test and design of experiment, analysis methodology, modeling & application, and financial impact analysis.
Collaborates with cross-functional partners to understand their business needs, formulated and completed end-to-end analysis that includes data gathering, analysis, ongoing scaled deliverables and presentations. Delivers effective presentations of findings and recommendations to multiple levels of leadership, creating visual displays of quantitative information.
Establishes and maintains effective performance tracking; identify improvement opportunity, form hypothesis, propose, design and implement tests to drive strategy enhancement and optimization.
Manages multiple priorities, communicate business performance and project progress to management & business partners
Develops and automates reports, iteratively build and prototype dashboards to provide insights at scale, solving for analytical needs. Facilitates implementation of work product and ensure accuracy.
Consistently follows standard work processes and documentation requirements. Recommends improvement to work processes to increase efficiency while maintaining quality of work. Continuously improves technical and leadership skills through training and development
Qualifications You’ll Need
The Basics
Master’s degree in Mathematics, Engineering, Computer Science, Sciences, or related
Bonus Points If You Have
Experience in Credit Risk, Fraud Risk, Marketing Analytics, Optimization, Operations Analytics, Modeling/Data Science, or related field
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 $103,000.00 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.
Website: https://discover.com/
Headquarter Location: Deerfield, Illinois, United States
Employee Count: 10001+
Year Founded: 1985
IPO Status: Public
Industries: Banking ⋅ Credit ⋅ Credit Cards ⋅ Finance ⋅ Financial Services