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Principal Audit Data Scientist

| North Suburbs

At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We’re all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

Manage the implementation of analytic objectives focused on enhancing and streamlining audit testing across business lines. Partner with the audit leadership team, audit teams, business partners, and BT partners to understand the business and regulatory environment, audit program, applications, and data. Work with the audit team and business to identify and implement automated solutions to enhance and streamline the audit program for specific assigned areas. Leverage available technologies including advanced analytic capabilities, internal and external data, industry and other information to develop automated solutions in support of the audit review.

Uses operational and technical skills to support the department objectives. Assigned to a schedule of audit reviews where he/she will follow audit methodology to provide analytical oversight for various functions, leveraging internal and external data as well as industry, economic, and market information for analytics and/or model development in support of the audit review. Uses data to drive the audit and participate in client interviews, process flow and narrative creation, review of business processes, identification and assessment of controls, testing key controls, finding development, and communicating with clients to develop and follow up on actions.

Responsibilities

  • Leads complex audits/audit tasks pursuant to department guidelines and within established timetables with high-quality results. Provides analytic leadership and guidance and technical review for the data scientists assigned to the audit. Works with, and guides, the audit team in designing, developing, and implementing analytic solutions to evaluate and monitor the risk environment. Creates data-driven solutions for audit.
  • Analyzes and mines large quantities of data to find patterns and extracts insights from the data resulting in high-quality audits that ensure the mitigation of risks to the company. Utilizes data models to support audit leadership with identifying and solving a variety of business issues. Partners with technology teams to implement quantitative solutions. Explores tools and techniques to ensure the company is using the best analytical tools. Develops and implements quantitative solutions that leverages structured and unstructured data from internal and external sources.
  • Communicates the status of audits and its findings to key clients. Works with clients to develop solutions to identified findings. Interacts effectively with IT, operational and financial auditors to ensure complete coverage of audit entity.
  • Continues to develop skillsets by meeting required training and obtaining advanced degrees and/or certification pursuant to department guidelines. Maintains a high level of understanding and competency in statistical and analytical principles, tools, and advanced techniques, including knowledge in UNIX, programming skills in SAS/R/SQL, and any other statistical software used in Discover.
  • Uses data to inform risk assessment pursuant to department standards. Completes and documents audit fieldwork and testing on time, using department tools and standards. Highlights potential findings for discussion with the supervisor. Discusses findings with clients and develops action plans. Completes detailed review of audit work of assigned staff. Multi-tasks work to meet established timeframes of several jobs.
  • Develops staff on audits or educates the team to improve the department skill set. Defines expectations with audit staff at the beginning of the audit. Provides leadership and guidance to the team in the area of expertise.

Minimum Qualifications

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

  • Bachelor’s Degree in Applied Sciences, Engineering, Statistics, Economics, Computer Science, Data Science, Business, MIS, or related field
  • 6+ years of experience in Analytics, Audit, Finance, Risk Management, Business, IT, or related field
  • With a Master’s Degree or a Ph.D., 4+ years of experience in Analytics, Audit, Finance, Risk Management, Business, IT, or related field

Preferred Qualifications

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

  • Ph.D. in Applied Sciences, Engineering, Statistics, Economics, Computer Science, Data Science, Business, MIS, or related field
  • Master’s Degree in Applied Sciences, Engineering, Statistics, Economics, Computer Science, Data Science, Business, MIS, or related field4+ years of experience in Predictive Analytics, Fraud Analytics, Modeling
  • Business, CAP, Six Sigma, Risk, STEM, Audit, or related professional certification
  • Experience with Abi Initio or related tools
  • Proficiency with statistical and computer software, or other analytical tools such as SAS, R, SQL, as well as, Microsoft Word/Excel/Power Point
  • Working knowledge in UNIX or PC environment for data extraction, reporting and modeling
  • Excellent communication and interpersonal skills with the ability to interact with all levels of the organization
  • Ability to work independently as well as provide guidance to junior team members
  • Demonstrated project management skills, including ability to prioritize, deliver against tight deadlines and follow through on completion of complex, high-profile projects
  • Proven knowledge and expertise in business and analytics, machine learning background and working experience

#LI-JM1

Discover Financial Services is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, among other things, or as a qualified individual with a disability.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavaLanguages
    • PythonLanguages
    • ScalaLanguages
    • SqlLanguages
    • Neo4jLanguages
    • RLanguages
    • AngularJSFrameworks
    • HadoopFrameworks
    • SparkFrameworks
    • SpringFrameworks
    • Amazon Web ServicesFrameworks
    • AnsibleFrameworks
    • AWS PortfolioFrameworks
    • BlockchainFrameworks
    • ChefFrameworks
    • CloudFoundryFrameworks
    • DockerFrameworks
    • Google Cloud PlatformFrameworks
    • KubernetesFrameworks
    • Lambda ArchitectureFrameworks
    • OpenAPIFrameworks
    • OpenShiftFrameworks
    • CassandraDatabases
    • HiveDatabases
    • MongoDBDatabases
    • OracleDatabases
    • TeradataDatabases
    • ServerlessDatabases
    • TerraformDatabases
    • Google AnalyticsAnalytics
    • SparkAnalytics
    • H20Analytics
    • Machine Learning Analytics
    • Natural Language Processing Analytics
    • Programmable BotsAnalytics
    • AgileManagement
    • SafeManagement
    • LeanManagement
    • Continuous Delivery Management
    • DevSecOpsManagement
    • Reactive ProgrammingManagement
    • Site Reliability EngineeringManagement
    • SalesforceCRM

Location

Our headquarters is located in the northwest suburbs of Chicago and we also have a downtown Chicago office which is known as the“The 606”.

An Insider's view of Discover Financial Services

What’s the vibe like in the office?

The cool thing about working at Discover is the wonderful collaborative environment we have and all the smart, talented and fun people we work with every day to continuously work on innovations.

Hiba

AWS Cloud Engineer

What does your typical day look like?

I enjoy working at Discover because I get to work with and collaborate with talented people who are passionate about what they do, and together we get to help others. We work constructively and cross-functionally to provide the best and newest products for our users and provide exceptional support for our customers!

Mandy

Project Manager, Advanced Analytics Platform

How does the company support your career growth?

There are two reasons I enjoy working at Discover. First, I enjoy the challenging and meaningful work. Second, my career path at Discover is mine to shape. My managers have supported me when I wanted to learn more and move within the company.

George

Senior Manager, Software Engineering

What is your vision for the company?

My vision of the company is that we create rewarding experiences in lives of our customers every day through analytics.

Kumar

SVP, CDO Advanced Analytics Platforms

What’s the vibe like in the office?

I love working at Discover because of how the company invests in its people and innovation. The environment is encouraging and the smart people around you makes it an amazing experience every day!

Brent

Director, Digital Analytics

What are Discover Financial Services Perks + Benefits

Discover Financial Services 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

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 Benefits
Discover offers two dental plan options — Standard and Premier — both are administered by MetLife.
Vision Benefits
Discover offers two vision plan options — Standard and Premier through VSP.
Health Insurance Benefits
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.
Onsite Gym
Discover has fitness centers and Weight Watchers® programs at all five major locations.
Retirement & Stock Options Benefits
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
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Adoption Assistance
Discover helps eligible employees and their families with the costs of adoption by reimbursing certain expenses.
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
Perks & Discounts
Casual Dress
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 Outings
Game Room
Parking
Recreational Clubs
Relocation Assistance
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.
Diversity Program
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