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:

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.

Responsible for the independent identification and management of counterparty credit risk of new and existing Payment Services partner relationships across the Discover Global Network for DN, DCI and Pulse including key Acquirers, Issuers, Networks, Processors, Merchants, and other business partners. Responsible for analyzing the credit risk of these partners utilizing detailed financial statement analysis, and for independently conducting negotiations regarding required mitigation and contract terms. Responsible for independently evaluating new initiatives and products to identify counterparty risks. Responsible for providing training and guidance to less experienced team members.

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

Responsibilities:

• Analyzes portfolio of assigned partners for financial stability utilizing detailed financial statement analysis for both US domestic and international partners.

• Analyzes new business processes and products to identify where direct and indirect financial risk is present in the transaction flow and recommend strategies to mitigate the risk.

• Innovate, close gaps, streamlines processes and assist with projects both internal to the team and within Payments Risk. Provide training and guidance to less experienced team members. Provide support to team members on partner facing calls.

• Sets strategy and leads mitigation discussions through relationship lifecycle, including due diligence, collections, and bankruptcy.

• Collection and follow up to request financial statements for all partners in assigned portfolio.

Minimum Qualifications:

At a minimum, here’s what we need from you:

• Bachelor’s degree in business administration and management, accounting, finance, economics, or international business.

• 4+ years of experience in analyzing the financial statements of businesses using GAAP and/or IFRS.

• 4+ years of experience in commercial credit or acquiring, payments, or related experience.

• In lieu of a degree, 8+ years of experience in analyzing the financial statements of businesses using GAAP and/or IFRS, or commercial credit, or acquiring, payments, or related experience.

Preferred Qualifications:

If we had our say, we’d also look for:

• Certified Public Accountant (CPA)

• Preferred experience with statement and analysis

• Preferred experience with payments

Application Deadline:

The application window for this position is anticipated to close on Aug-20-2024. 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 position generally ranges between $75,500.00 to $127,900.00. 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.