Senior Manager CECL Financial Modeling - Discover Financial Services

Discover. A more rewarding way to work.

At Discover Financial Services, you’ll find yourself in the company of some of the industry’s smartest and most reliable professionals. And at a company that rewards dedication, values innovation and supports growth.

Thrive in an environment that promotes teamwork and shared success. Build on a foundation of mutual respect. Join the company that understands rewarding careers like no other, with this exceptional opportunity:

Job Description:

Job responsibilities:

    • Direct a team of analysts to develop loss forecasting models for a retail credit card portfolio under CECL
    • Responsible for hiring, training, mentoring, and providing directions/guidance on a daily basis to direct reports in developing loss forecasting models
    • Develop a thorough and in-depth understanding of CECL standards and its implication in loss forecasting
    • Provide strong thought leadership in both theoretical aspects of model building as well as practical implications of model usage by multiple stake holders
    • Responsible for mathematical soundness of all models produced by the team. Responsible for accuracy, completeness and timeliness of all deliverables by the team
    • Direct and leverage resources in multiple locations (Riverwoods, Phoenix and Shanghai)
    • Responsible for documentation and controls, modeling related or otherwise to ensure replicability of all analysis performed, and models developed
    • Ensure compliance of various internal and external policies, standards and procedures

Skills:

Job responsibilities:

    • Direct a team of analysts to develop loss forecasting models for a retail credit card portfolio under CECL
    • Responsible for hiring, training, mentoring, and providing directions/guidance on a daily basis to direct reports in developing loss forecasting models
    • Develop a thorough and in-depth understanding of CECL standards and its implication in loss forecasting
    • Provide strong thought leadership in both theoretical aspects of model building as well as practical implications of model usage by multiple stake holders
    • Responsible for mathematical soundness of all models produced by the team. Responsible for accuracy, completeness and timeliness of all deliverables by the team
    • Direct and leverage resources in multiple locations (Riverwoods, Phoenix and Shanghai)
    • Responsible for documentation and controls, modeling related or otherwise to ensure replicability of all analysis performed, and models developed
    • Ensure compliance of various internal and external policies, standards and procedures

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Discover Financial Services is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, among other things, or as a qualified individual with a disability.

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