Project Manager, Fair Lending Analytics
Riverwoods , Illinois
October 18, 2017
Discover Financial Services (DFS) is seeking an experienced statistician to serve as a core member of its Corporate Fair Lending team within the Corporate Risk Management Function. The position will support the compliance function in performing their fair lending statistical analysis. The ideal candidate brings strong econometrics and programming skills plus regression analysis and statistical techniques for disparate treatment/impact testing for our credit card, mortgage, personal lending, student loan and home equity businesses.The statistician will need to use statistical analysis and econometric modeling techniques to assist Corporate Fair Lending and all relevant business units (fair lending officers and fair lending committees) in their compliance with DFS Fair Lending Policy and all Fair Lending laws and regulations.The candidate will have strong ability to translate business objectives into fair lending analytical framework and solve them by using \"best-in-class\" statistical and analytical methods. He/she will work in a cross-functional environment with internal business partners such as Credit Management and Marketing. The position offers a challenging environment for the right candidate to apply experience and knowledge in a creative manner while also providing a unique opportunity to influence management. * Develop, run and maintain in-house fair lending statistical analytical programs for identifying fair lending risks through the entire credit lifecycle, including marketing, underwriting, pricing, and loss mitigation for Card and Consumer Lending products* Prepare and present statistical results and data sets for analysis in support of regulatory requests and examinations. Work with examiners and business units to resolve any questions related to analytical methodology or data integrity* Continuously evaluate internal and external practices, including regulatory and peer institution practices, to ensure DFS is using \"best in class\" statistical and analytical methods, while adhering to regulatory requirements* Communicate with compliance risk management function, credit management, consumer lending and banking business units and provides technical consulting and guidance to ensure compliance with relevant federal and state laws and regulations* Apply and enhance fair lending policies, processes and procedures* Establish effective controls in the fair lending analytics process* Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes
Required Skills:Masters Degree or Equivalent Experience; Preferred field of study - Statistics, Economics, Engineering, MBA or other quantitative discipline4 years experience - Analytics//Statistical Modeling/Credit AnalystProficiency with SAS & SQLFair Lending testing experience preferred
#LI-BJ1 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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