Discover
We power a network that helps people achieve a brighter financial future.
Riverwoods, IL
Hybrid

Manager, Portfolio

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Discover. A more rewarding way to work.

At Discover Financial Services, you'll find yourself in the company of some of the industry's smartest and most reliable professionals. And at a company that rewards dedication, values innovation and supports growth.

Thrive in an environment that promotes teamwork and shared success. Build on a foundation of mutual respect. Join the company that understands rewarding careers like no other, with this exceptional opportunity:

Requisition Number P256131 Job Type Full Time Post Date Location Riverwoods (IL) Functional Area Risk Management Maximum Salary 0 Minimum Salary 0 Requisition Shift

Job Description
This Risk Management role supports credit risk policy for consumer loans. It includes development of innovative risk strategies and requires an ability to work closely with business partners in Marketing, Operations, Finance and Business Technology. Developing creative risk strategies for the product and leading these ideas to fruition with business partners is a primary criterion for success. This role offers a significant and challenging opportunity for the right person looking to apply existing skills while also providing extensive opportunities to further develop a broad range of Risk Management capabilities within a large scale financial services firm.

Responsibilities

  • Operate as a subject matter expert on consumer loan portfolio

  • Develop and maintain credit risk policy for the consumer loan product, including list selection and underwriting risk criteria and procedures

  • Proactively monitor acquisition and performance metrics and advise management of trends and recommend applicable actions/corrective solutions

  • Lead and support acquisition system testing and acquisition-related ad-hoc projects

  • Support acquisition system testing and acquisition-related ad-hoc projects

  • Skills


  • Minimum Bachelors degree required, graduate degrees in Economics, Engineering, or MBA with emphasis in quantitative disciplines (statistics, econometrics, etc.) preferred

  • Minimum three years professional experience within the credit card or financial services industry

  • Strong knowledge of industry practices and performance measurements

  • Extensive working knowledge of SAS and SQ

  • Demonstrated project management skills, including ability to prioritize, meet deadlines and follow through on completion of complex, high-profile projects

  • Excellent communication and interpersonal skills with the ability to interact with all levels of the organization

  • Ability to work well with minimal direction.  Demonstrated problem solving, decision making, and leadership skills required
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    What are Discover Perks + Benefits

    Discover Benefits Overview

    Start enjoying great benefits Day 1 — We support you with the same dedication we bring to all of our customers. Our comprehensive benefits package features first-class insurance, financial planning support and excellent perks designed to help you reach your goals and live a rich, healthy life.

    Check out more of our amazing employee benefits at mydiscoverbenefits.com

    Culture
    Volunteer in local community
    Discover’s business is built on helping people, and we invest in the community (Blessing Backpacks, Boys & Girls Clubs, Big Brothers/Sisters) to demonstrate our commitment to a brighter future.
    Partners with nonprofits
    Open door policy
    OKR operational model
    Team based strategic planning
    Open office floor plan
    Flexible work schedule
    Remote work program
    Diversity
    Dedicated diversity and inclusion staff
    Mandated unconscious bias training
    Diversity manifesto
    Diversity employee resource groups
    Hiring practices that promote diversity
    Health Insurance & Wellness Benefits
    Flexible Spending Account (FSA)
    You can open a separate Health Care FSA (HCFSA) and contribute up to $2,650 tax-free from your paycheck to reimburse yourself for eligible out-of-pocket expenses.
    Disability insurance
    Employees receive Short-Term Disability Insurance at no cost.
    Dental insurance
    Discover offers two dental plan options — Standard and Premier — both are administered by MetLife.
    Vision insurance
    Discover offers two vision plan options — Standard and Premier through VSP.
    Health insurance
    Discover offers a variety of medical plans for you and eligible family members, so that you can choose the benefit plan that suits your needs.
    Life insurance
    As a Discover employee, you receive Basic Life Insurance of one times your HWEE (up to $500,000) at no cost to you.
    Pet insurance
    Purchase medical coverage at a discounted rate for your beloved family pet. The more pets you insure, the greater the discount.
    Wellness programs
    Help balance your work and personal life with a wide variety of free and discounted resource and referral services including family and relationship counseling and financial guidance.
    Mental health benefits
    Financial & Retirement
    401(K)
    You may elect to contribute 1% to 30% of your eligible base salary, commissions and bonus on a pre-tax basis, up to IRS limits every year.
    401(K) matching
    Discover matches up to 6% of the pre-tax contributions you make to the 401(k) Plan.
    Employee stock purchase plan
    The ESPP provides eligible employees with an opportunity to purchase shares of Discover common stock through payroll deductions at a 5% discount.
    Performance bonus
    Charitable contribution matching
    Child Care & Parental Leave Benefits
    Childcare benefits
    Generous parental leave
    Family medical leave
    Adoption Assistance
    Discover helps eligible employees and their families with the costs of adoption by reimbursing certain expenses.
    Company sponsored family events
    Vacation & Time Off Benefits
    Generous PTO
    Discover has a Paid Time Off of 4 to 5 Weeks of paid time per year.
    Paid volunteer time
    Paid holidays
    Discover provides 7 paid holidays.
    Paid sick days
    Office Perks
    Commuter benefits
    When you enroll in the Commuter Benefits Program at WageWorks, you’ll save on taxes on mass-transit passes, parking and other eligible expenses.
    Company-sponsored outings
    Onsite office parking
    Recreational clubs
    Relocation assistance
    Fitness stipend
    Onsite gym
    Discover has fitness centers and Weight Watchers® programs at all five major locations.
    Professional Development Benefits
    Job training & conferences
    Tuition reimbursement
    Discover provides tuition reimbursement and a full-ride bachelor's degree program for select online degree programs.
    Lunch and learns
    Promote from within
    Mentorship program
    Continuing education stipend
    Continuing education available during work hours
    Online course subscriptions available
    Customized development tracks

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