Lead Financial Planning Analyst

Posted 6 Days Ago
Be an Early Applicant
Chicago, IL
Hybrid
76K-128K Annually
3-5 Years Experience
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
The Lead Financial Planning Analyst will provide financial and business analysis support, generate forecasts and analyze Cash and Equity Bonus expenses, prepare materials for earnings presentations, and develop financial models to drive insights. The role focuses on analyzing customer behavior and profitability trends, providing strategic financial advice, and conducting competitive analyses.
Summary Generated by Built In

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.
What You'll Do

  • Provide financial and business analysis support.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.


How You'll Do It

  • Generate forecasts and analysis for Cash and Equity Bonus expense
  • Prepare periodic Board of Director updates for the Compensation sub-Committee; maintain and improve offline tracking with an intense focus on data integrity
  • Prepare periodic loss forecast effective challenge projections; present results, key trends, and other analysis to Loss Forecasting team
  • Develop and enhance financial models; Improve forecasting accuracy and drive business insights
  • Assist in development and preparation of materials for quarterly earnings and various EMC and BOD presentations
  • Maintain strong focus on process purpose, mastery, and continuous improvement (efficiency and risk identification/mitigation)
  • Develop profitability analyses and projections for marketing and customer segments.
  • Analyze customer behaviors and product profitability trends to understand financial implications and influence actions.
  • Develop and enhance financial models. Improve forecasting accuracy and drive business insights.
  • Provide management with strategic advice and financial analyses for investment decisions, pricing changes, and channel and segment expansions.
  • Perform competitive analyses to drive strategic insights and actions.
  • Translate business opportunities and issues into financial analyses.


Qualifications You'll Need
The Basics:

  • Bachelor's degree in finance, business, or related field
  • 2+ years of experience in financial services, consulting, investment banking, or related field


Bonus Points If You Have:

  • Master's degree in finance, business, or related field
  • 4+ years of experience in financial services, consulting, investment banking, or related field


#LI-EB1
Application Deadline:
The application window for this position is anticipated to close on Sep-09-2024. 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 $75,500.00 to $127,900.00. 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 Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • STD, Life, LTD and AD&D
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan


Learn 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 [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

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The Company
HQ: Riverwoods, IL
18,000 Employees
Hybrid Workplace
Year Founded: 1986

What We Do

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. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

Future Edge 50: 2020, 2019 & 2018

Why Work With Us

You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

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