What are the responsibilities and job description for the Senior Modeler position at Discover Financial Services?
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 :
Find out more about the daily tasks, overall responsibilities, and required experience for this opportunity by scrolling down now.
What You’ll Do
Responsible for development of predictive models to provide modeling solutions to Discover business partners. Designs and develops models utilizing Machine learning and other algorithms. Presents the results of mathematical modeling and data analysis to management or other end users.
Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
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 analytical tools.
Accumulates business and data domain knowledge.
Qualifications You’ll Need
The Basics
Masters in Statistics, Mathematics, Information Technology, Engineering, Economics, Analytics or related.
2 years of work experience with developing data-based analytical solutions or related.
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.
Bonus Points If You Have
Ph.D. in Statistics, Mathematics, Information Technology, Engineering, Economics.
4 years of experience in 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.
Remo
Application Deadline :
The application window for this position is anticipated to close on Feb-02-2025. 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 $125,000.00 to $175,000.00. 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 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.
At Discover, we are committed to creating an inclusive and equitable workplace through our Fair Chance Hiring practices. Fair Chance Hiring means that we base our hiring decisions on an applicant’s qualifications rather than their criminal record. All our positions are subject to Section 19 of the Federal Deposit Insurance Act. Our applicants go through a background check, and we follow all applicable local laws, including the Los Angelas County Fair Chance Hiring Ordinance (LA County Fair Chance).
Applicants must be 18 or older at the time of hire.
