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:

　　Responsible for providing an independent view on the key consumer credit risks of the firm's consumer lending practices. These responsibilities are in support and under the oversight of the overall Corporate Risk Management framework and system.

　　This includes providing continuous monitoring, oversight and communication of consumer credit risk appetite, tolerance, and thresholds. Specific responsibilities include leading a team that provides continuous monitoring and oversight of Discover's loan portfolios ($100Bn+) that include an evaluation of the adequacy and accuracy of lending decisions, strategies, and asset quality. Assess whether sufficient processes and controls are in place to manage credit risk and identify problem assets leveraging portfolio management activities.

　　Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization

　　Responsibilities:

　　Leads the activities of the 2nd line Consumer Credit Risk Oversight and monitoring function. This includes reviewing and challenging risk appetite and KRI metrics, ensuring appropriate escalation of early indicators of emerging credit risk trends. Assessing and identifying changes in credit strategies and associated implications to asset quality and the profitability of the enterpriseOversees the process for monitoring of credit strategies across all consumer lending products. Collaborate with credit strategy teams to mitigate any identified credit risk concerns and escalating appropriately through the established governance processes.Enhance the quarterly monitoring of credit asset quality, utilizing industry trends, macroeconomic, and internal factors to identify trends, overall performance as well as recommending and reviewing appropriate actions to manage credit risk.Periodically review and monitor the Allowance for Credit Losses (ACL), working with the Chief Credit Officer and Finance Department to ensure that identified credit risk trends and assumptions are adequately considered in the estimation of the ACLDefines framework for independent credit risk portfolio reporting and analytics across all consumer lending products including relevant committee materials at board, executive and business unit levels.Interacts with senior executives, governance committees and regulators to provide (both orally and written) risk management reporting, analytics, and findings in a complete and concise mannerProvides leadership, mentoring and development to third party, credit oversight and new initiatives risk management team. Collaborate and build relationships with the different program participants.

　　Minimum Qualifications:

　　Bachelor's Degree in Economics, Statistics, Analytics, Information Technology, and Business Administration and Management10 + years of Experience in risk management including analytics, modeling and risk process frameworks at a large financial institution or similar industry experience required.

　　Preferred Qualifications:

　　Master's degree in Economics, Statistics, Analytics, Information Technology, and Business Administration and Management

　　Application Deadline:

　　The application window for this position is anticipated to close on Dec-09-2023. 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 $173,000.00 to $263,400.00. 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 LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee 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)