Lead Consumer Credit Risk Specialist - IHM at Discover
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
TITLE: Lead Consumer Credit Risk Specialist
DUTIES: DFS Corporate Services LLC seeks Lead Consumer Credit Risk Specialist in Riverwoods, IL to develop, apply, and enhance credit risk oversight processes in support of and under the oversight of the overall Corporate Risk Management framework and system. Evaluate and monitor consumer credit risk appetite, tolerance, and threshold. Define process for monitoring the performance of the consumer credit portfolio and perform reviews of credit risk strategies, while using trade-offs among key business metrics such as credit losses, receivables, and profit. Identify, design, and implement business analyses in support of business strategy. Design and implement comprehensive statistical analysis as part of the credit review process. Establish and maintain effective portfolio tracking to monitor changes in the portfolio credit performance. Assess and effectively challenge Risk Appetite and Key Risk Indicators (KRI) tolerances and thresholds. Review and effectively challenge the Allowance for Credit Loss (ACL) assumptions and calculations. Apply and enhance credit risk oversight policies, processes, and procedures. Establish effective controls in the credit oversight process.
REQUIREMENTS: Bachelor’s degree or foreign equivalent in Statistics, Economics, Business, Mathematics, Analytics, or a related quantitative field and four (4) years of experience in the job offered or related occupation: performing regression and statistical analysis; identifying and analyzing credit performance trends through data analysis and information processing; identifying high credit risk populations; and utilizing technologies, including SAS, SQL, and R to perform regression and statistical analysis. In the alternative, the employer will accept a Master’s degree or foreign equivalent in the above listed fields and two (2) years of experience in the above listed areas.
QUALIFIED APPLICANTS: Please apply directly through our website by clicking on “Apply Now.” No calls. Equal Opportunity Employer/disability/vet.
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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.