Principal Data Science at Discover Bank
Springfield, IL 62701
About the Job
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: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.Responsible for working closely with management to execute analytical initiatives
Responsible for providing thought leadership & strategic thinking to solve business problems by leveraging techniques such as segmentation, optimization, advanced analytics and machine learning
This position will closely monitor performance metrics and KPIs to ensure goals are met and course correct as necessary. Responsibilities Provides thought leadership & strategic thinking to translate business problem into analytical framework(s), and independently recommend actions and provide business insights
Operates as a subject matter expert on statistical analysis, test and design of experiment, analysis methodology, modeling & application, and financial impact analysis. Collaborates with cross-functional partners to understand their business needs, formulate and complete end-to-end analysis that includes data gathering, analysis, ongoing scaled deliverables and presentations
Facilitate implementation of work product and ensure accuracy
Establishes and maintains effective performance tracking; identifies improvement opportunity, form hypothesis, propose, design and implement tests to drive strategy enhancement and optimization. Leads the development and implementation of advanced analytics including customer segmentation, optimization, prescriptive analytics, and machine learning algorithm & recommendation to solve business problems
Lead the development of Analytical capabilities with the aim of creating long-term strategic data/analytics assets for the company. Delivers effective presentations of findings and recommendations to multiple levels of leadership, creating visual displays of quantitative information. Develops and automates reports, iteratively build and prototype dashboards to provide insights at scale, solving for analytical needs. Consistently follows standard work processes and documentation requirements
Recommends improvement to work processes to increase efficiency while maintaining quality of work
Continuously improves technical and leadership skills through training and development. Minimum Qualifications At a minimum, here’s what we need from you: Bachelor’s Degree in Analytics, Engineering, Statistics, or related field 6+ years of experience in Credit Risk, Fraud Risk, Marketing Analytics, Optimization, Operations Analytics, Modeling/Data Science, or related field Preferred Qualifications If we had our say, we’d also look for: Master’s Degree in Analytics, Engineering, Mathematics, Statistics, or related field 8+ years of experience in Credit Risk, Fraud Risk, Marketing Analytics, Optimization, Operations Analytics, Modeling/Data Science, or related field Application Deadline:The application window for this position is anticipated to close on Oct-14-2024
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 $126,500.00 to $177,300.00
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 LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee Stock Purchase PlanLearn 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
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: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.Responsible for working closely with management to execute analytical initiatives
Responsible for providing thought leadership & strategic thinking to solve business problems by leveraging techniques such as segmentation, optimization, advanced analytics and machine learning
This position will closely monitor performance metrics and KPIs to ensure goals are met and course correct as necessary. Responsibilities Provides thought leadership & strategic thinking to translate business problem into analytical framework(s), and independently recommend actions and provide business insights
Operates as a subject matter expert on statistical analysis, test and design of experiment, analysis methodology, modeling & application, and financial impact analysis. Collaborates with cross-functional partners to understand their business needs, formulate and complete end-to-end analysis that includes data gathering, analysis, ongoing scaled deliverables and presentations
Facilitate implementation of work product and ensure accuracy
Establishes and maintains effective performance tracking; identifies improvement opportunity, form hypothesis, propose, design and implement tests to drive strategy enhancement and optimization. Leads the development and implementation of advanced analytics including customer segmentation, optimization, prescriptive analytics, and machine learning algorithm & recommendation to solve business problems
Lead the development of Analytical capabilities with the aim of creating long-term strategic data/analytics assets for the company. Delivers effective presentations of findings and recommendations to multiple levels of leadership, creating visual displays of quantitative information. Develops and automates reports, iteratively build and prototype dashboards to provide insights at scale, solving for analytical needs. Consistently follows standard work processes and documentation requirements
Recommends improvement to work processes to increase efficiency while maintaining quality of work
Continuously improves technical and leadership skills through training and development. Minimum Qualifications At a minimum, here’s what we need from you: Bachelor’s Degree in Analytics, Engineering, Statistics, or related field 6+ years of experience in Credit Risk, Fraud Risk, Marketing Analytics, Optimization, Operations Analytics, Modeling/Data Science, or related field Preferred Qualifications If we had our say, we’d also look for: Master’s Degree in Analytics, Engineering, Mathematics, Statistics, or related field 8+ years of experience in Credit Risk, Fraud Risk, Marketing Analytics, Optimization, Operations Analytics, Modeling/Data Science, or related field Application Deadline:The application window for this position is anticipated to close on Oct-14-2024
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 $126,500.00 to $177,300.00
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 LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee Stock Purchase PlanLearn 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.SummaryLocation: Riverwoods, ILType: Full time 