1+ months

Senior Modeler - P162211_S2

Phoenix, AZ 85003
  • Job Code
\u003Cp\u003EAt Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We\u0027re all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.\u003C/p\u003E\u003Cp\u003EProvides modeling and analytical support for the CCAR Forecasting team. Located within Finance, the CCAR Forecasting team is a centralized team focusing on Pre-Provision Net Revenue (PPNR) forecast, and was created to provide greater emphasis on the financial modeling activities required to support the capital planning process. Responsibilities involve several activities including developing statistical and financial models, model documentation, and performance tracking of models. The team will interact with all lines of business (LOB Finance) as it performs the daily business activities. Works under minimal supervision.\u003C/p\u003E\u003Cp\u003E\u003Cstrong\u003EResponsibilities\u003C/strong\u003E\u003C/p\u003E\u003Cp\u003EDesign, develop, and implement econometric and time series forecasting models. Utilize internal and external data as well as evaluate industry, economics, and market information to deliver model related analytics and results. \u003Cbr\u003E \u003Cbr\u003E Create process evaluations of modeling related activities such as data quality, model performance tracking, desk procedures and model documentation.\u003Cbr\u003E \u003Cbr\u003E Support LOB Finance teams in the use of quantitative models and analyses in financial forecast. Provide train and analytical support to make sure that each team understands the models and their limitations. \u003C/p\u003E\u003Cp\u003EWork with Model Risk Management to ensure compliance with model risk management policies and support model validation.\u003C/p\u003E\u003Cp\u003EMaintain a high level of competency in statistical and analytical principles, tools and techniques. Manage the relationship with related business partners and ensures that modeling projects are delivered in a timely manner. \u003C/p\u003E\u003Cp\u003EProvides support and training to model users to ensure that each team understands the models and their limitations\u003C/p\u003E\u003Cp\u003EResponsible for developing predictive models to provide modeling solutions to Discover\u0027s business partners. Designs and develops models, utilizing machine learning and other algorithms. Presents the results of mathematical modeling and data analysis to management or other end users.\u003C/p\u003E\u003Cp\u003EResearches and leverages state-of-the-art modeling techniques; participates in modeling innovation.\u003C/p\u003E\u003Cp\u003ELeverages extensive, deep technical knowledge and leadership skills to drive the development of data science solutions and implements data-driven recommendations and outcomes.\u003C/p\u003E\u003Cp\u003EMaintains a high level of competency in statistical and analytical principles, tools and techniques, and supports the advancement of the \u0022best-in-class\u0022 analytical capabilities to unlock new capabilities and performance, and quickly adapts to modern modeling techniques. Demonstrates knowledge in analytical tools.\u003C/p\u003E\u003Cp\u003EAccumulates business and data-domain knowledge.\u003C/p\u003E\u003Cp\u003E \u003C/p\u003E \u003C/p\u003E\u003Cp\u003E \u003Cp\u003E\u003Cstrong\u003EMinimum Qualifications\u003C/strong\u003E\u003C/p\u003E\u003Cp\u003E\u003Cstrong\u003EAt a minimum, here\u0027s what we need from you:\u003C/strong\u003E\u003C/p\u003E\u003Cul\u003E\u003Cli\u003EMaster\u0027s Degree in Statistics, Math, Computer Science, Engineering, Economics, or related quantitative field\u003C/li\u003E\u003Cli\u003E2\u002B years of experience in developing data-based analytical solutions, or related field\u003C/li\u003E\u003C/ul\u003E\u003Cp\u003E\u003Cstrong\u003EPreferred Qualifications\u003C/strong\u003E\u003C/p\u003E\u003Cp\u003E\u003Cstrong\u003EIf we had our say, we\u0027d also look for:\u003C/strong\u003E\u003C/p\u003E\u003Cul\u003E\u003Cul\u003E\u003Cli\u003E2-3 years of experience in building, testing and implementing complex and sophisticated econometric and statistical models\u003C/li\u003E\u003Cli\u003EStrong written and oral communication skills and ability to quickly master complex financial and risk concepts\u003C/li\u003E\u003Cli\u003EAbility to organize and manage multiple deliverables simultaneously\u003C/li\u003E\u003Cli\u003EProficient in statistical software packages such as SAS,R, Python\u003C/li\u003E\u003Cli\u003EIn lieu of a Master\u0027s Degree, PhD in Statistics, Mathematics, or other quantitative field, with at least 1 year experience in building, testing and implementing complex and sophisticated econometric and statistical model\u003C/li\u003E\u003Cli\u003EFinancial services or banking industry experience\u003C/li\u003E\u003Cli\u003ELean six sigma and/or demonstrated process improvement experience\u003C/li\u003E\u003Cli\u003EPh.D. in Statistics, Math, Computer Science, Engineering, Economics, or related quantitative field\u003C/li\u003E\u003C/ul\u003E\u003C/ul\u003E \u003C/p\u003E\u003Cp\u003E #LI-LG1 \u003C/p\u003E \u003Cp\u003E 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 \u0026 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. \u003C/p\u003E \u003Cbr\u003E\u003Cbr\u003E



  • Banking / Finance
Posted: 2019-09-18 Expires: 2019-12-12

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Senior Modeler - P162211_S2

Phoenix, AZ 85003

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