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
Responsible for conducting validation activities such as financial models, acquisition and portfolio management scorecards, anti-money laundering models, and anti-fraud tools as an individual contributor. Provides recommendations for model enhancements.
Performs independent validations on statistical, financial and machine learning, models across different business areas models from areas of finance, treasury, acquisitions, marketing, fraud, loss forecast, PPNR forecast, risk and collections in different lines of businesses like credit cards, network, payments, loans and banking.
Writes and presents model validation reports, and provide value-added recommendations to model owners and developers.
Queries data from multiple sources and platforms (SAS, Teradata, Essbase, Excel, and others) to find the right information for the problems.
Interprets model validation test results and establish required action plans with model owners and developers.
Maintains and enhances the enterprise-wide model inventory. Maintain working papers and records of model validation results.
Reads model documentation, research modeling methodology and framework, and dig deeply into data, asks the right question to learn about the modeling process and techniques, identifies model limitations and recommend future action.
Builds benchmark models, when necessary using the best practice approach in the appropriate areas.
Minimum-Masters in Statistics, Economics, Engineering, Business
2+ years of experience in model development and/or validation in a financial services industry or related
4+ years of experience in model development and/or validation in a financial services industry or related
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.