Lead Modeler

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Chicago, IL
Hybrid
131K-183K Annually
5-7 Years Experience
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role

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:
What You'll Do

  • SME responsible for development of predictive models to provide modeling solutions to Discover businesses.
  • Design and develop models utilizing Machine learning and other algorithms.
  • Presents the results of mathematical modeling and data analysis to management or other end users.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.


How You'll Do It

  • Research and leverage state-of-the-art modeling techniques; participate in modeling innovation.
  • Leverage extensive, deep technical knowledge and leadership skills to drive the development of data-science solutions, and implement data-driven recommendations and outcomes.
  • Maintain a high level of competency in statistical and analytical principles, tools and techniques, and support the advancement of the "best-in-class" analytical capabilities to unlock new capabilities and performance, and quickly adapt to modern modeling techniques.
  • Presents modeling and data analysis to management and other business partners.


Qualifications You'll Need
The Basics

  • Master's degree in Statistics, Mathematics, Information Technology, Engineering, Economics, Analytics.
  • 4+ years of experience Developing data-based analytical solutions or related


Bonus Points If You Have

  • Ph.D. in Statistics, Mathematics, Information Technology, Engineering, Economics, or related quantitative field
  • 6+ years of experience in financial service industry and mmodeling developing data-based analytical solutions, financial service industry, modeling, or related field


Application Deadline:
The application window for this position is anticipated to close on Jul-10-2024. 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 $131,000.00 to $183,400.00. 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.

What the Team is Saying

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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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