Consultant, Portfolio Modeling
Location:
Riverwoods , Illinois
Posted:
February 20, 2018
Reference:
P108993
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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:

Consultant, Portfolio Modeling

Job Description
This individual will manage an off-shore project based team to provide modeling and analytical supports for Card Portfolio Risk Management, including model design, model development, model maintenance, model updates, and performance evaluations. He or she will evaluate and interact with internal and external data as well as modeling vendors to seek opportunities to improve DFS advanced analytics qualities. This individual will also support senior management requests for enhancement in analytics for risk management. He or she will act as a control point for planning, implementing and interpreting results. Responsibilities:
  • Manages the relationship with business partners. Allocates resources and prioritizes projects. Ensures the modeling projects are delivered in a timely manner
  • Responsible for model design, development, and model implementation. Ensures that the models are maintained and updated in a timely manner and the models perform as expected
  • Develop and execute complex and in-depth analysis leveraging advanced statistical and technical capabilities such as machine learning techniques and methods to control credit losses
  • Leverage technology-based tools to implement process improvements
  • Evaluates external data and model vendors. Identifies, evaluates and recommends alternatives to business solutions in order to keep DFS on the technology frontier
  • Reviews and recommends alternative analytical and modeling tools to improve model quality and performance
  • Maintains a high level of competency in statistical and analytical principles, tools and techniques
Requirements:
  • M.S. in statistics, econometrics, computer science, industrial engineering, applied mathematics, or other quantitative fields. Advanced degree preferred
  • 4 or more years of analytics and modeling experience in credit card or consumer lending industries
  • Strong computer skills, experience with statistical software and other analytical tools
  • Excellent communication and interpersonal skills
  • Extensive project management and leadership skills
  • Proven problem solving and decision making skills
  • Project management experience in a high-profile, deadline driven environment

Skills
Responsibilities:Manages the relationship with business partners. Allocates resources and prioritizes projects. Ensures the modeling projects are delivered in a timely mannerResponsible for model design, development, and model implementation. Ensures that the models are maintained and updated in a timely manner and the models perform as expectedDevelop and execute complex and in-depth analysis leveraging advanced statistical and technical capabilities such as machine learning techniques and methods to control credit lossesLeverage technology-based tools to implement process improvementsEvaluates external data and model vendors. Identifies, evaluates and recommends alternatives to business solutions in order to keep DFS on the technology frontierReviews and recommends alternative analytical and modeling tools to improve model quality and performanceMaintains a high level of competency in statistical and analytical principles, tools and techniquesRequirements:M.S. in statistics, econometrics, computer science, industrial engineering, applied mathematics, or other quantitative fields. Advanced degree preferred4 or more years of analytics and modeling experience in credit card or consumer lending industriesStrong computer skills, experience with statistical software and other analytical toolsExcellent communication and interpersonal skillsExtensive project management and leadership skillsProven problem solving and decision making skillsProject management experience in a high-profile, deadline driven environment
Promote a risk-aware culture; ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.

#LI-RD1 We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

A little about us:
Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service.

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