What You’ll Do

• 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. 

Qualifications You’ll Need
The Basics:

• 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.

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:

• 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.

Bonus Points If You Have:

• 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.