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

Lead Credit Bureau Data Analyst

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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  

The Credit Bureau Reporting team is responsible for furnishing customer data to the credit reporting agencies for all of Discover’s lines of business, while maintaining a robust quality control framework to ensure the accuracy of data and the timeliness of reporting. The candidate will utilize data analytics capabilities to identify opportunities to enhance the accuracy of customer data and will lead projects to implement recommendations. The candidate will become familiar with industry-standard credit bureau reporting practices and will work with internal and external business partners to improve reporting and data accuracy, introduce process enhancement and automation, and ensure standardization and consistency of consumer reporting practices across various lines of business.

Responsible for developing and implementing of risk models as well as portfolio analyses using advanced data extraction and mining knowledge and tools. Works under minimal supervision.

Major Responsibilities

  • Utilize data analytic capabilities to analyze data and identify, research and resolve complex customer-impacting issues.
  • Lead projects independently to improve data accuracy of credit reporting and enhance processes across various lines of business.
  • Work with internal and external business partners to analyze credit reporting practices, define requirements, and set up new processes/controls to ensure accurate and operationally efficient credit reporting.
  • Perform analytical research to investigate consumer credit bureau reporting disputes and coordinate business partners to resolve issues when necessary.
  • Work with team members and collaborate with business partners to design, develop, implement and monitor risk models to meet the business requirements.
  • Lead projects and provide guidance to junior team members in modeling and analytics projects.
  • Communicate the model results to business partners and aids in achieving the best utilization of models.
  • Provide innovative and new ideas to enhance model prediction power by evaluating new data sources, identifying new variables and adopting new modeling techniques.
  • Maintain a high level of understanding of competency in statistical and analytical principles, tools and advanced techniques, including knowledge in UNIX, programming skills in SAS / SQL and any other statistical software. Act as a liaison with business partners in intra-departmental projects and present findings to senior management and business partners.
  • Establish and maintain a thorough understanding of the analytical data sources available for risk modeling. Examples include credit bureau data, portfolio information, transactions and payments data.
  • Proactively identify trends or developments that may impact business plan and performance or which may present opportunities. Keeping functional areas and management abreast of such findings.

QUALIFICATIONS

Education -Masters Statistics, Information Technology, Continuous Improvement, Mathematics, Business, Economics

Preferred education-Ph.D. Statistics, Information Technology,Continuous Improvement, Mathematics, Business, Economics

Work Experience: Minimum Years: 4+ years Experience in analytics in the financial services industry

6+ years Experience in analytics in the financial services industry Preferred

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What are you waiting for? Apply today!

The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.

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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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