Discover Logo

Discover

Modeler

Posted 10 Days Ago
Be an Early Applicant
Hybrid
Chicago, IL
Junior
Hybrid
Chicago, IL
Junior
The Modeler is responsible for developing predictive models using machine learning techniques, managing risk, and presenting results to management. The role involves leveraging advanced statistical and analytical principles to provide data-driven recommendations and innovate modeling techniques.
The summary above was generated by AI

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

  • Responsible for development of predictive models to support Discover business partners. 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

  • Researches and leverages state of the art modeling techniques; participates in modeling innovation.
  • Leverages extensive, deep technical knowledge and leadership skills to drive the development of data science solutions and implements data-driven recommendations and outcomes.
  • Maintains a high level of competency in statistical and analytical principles, tools and techniques, and supports the advancement of the "best-in-class" analytical capabilities to unlock new capabilities and performance, and quickly adapts to modern modeling technique. Demonstrated knowledge in analytical tools.


Qualifications You'll Need
The Basics

  • Masters in Statistics, Mathematics, Information Technology, Engineering, Economics, Analytics, Business Administration and Management or related.


Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

  • Primarily remain in a stationary position.
  • No required movement about the work environment to complete the major responsibilities of the job.
  • Primarily performed indoors in an office setting.
  • Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
  • Ability to communicate verbally; Ability to communicate in written form.


Bonus Points If You Have

  • Ph.D. in Statistics, Mathematics, Information Technology, Engineering, Economics.
  • 2+ years of experience in developing data-based analytical solutions; Financial services industry and modeling or related.
  • 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.
    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.


Application Deadline:
The application window for this position is anticipated to close on Nov-30-2024. 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 $91,500.00 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.

Top Skills

Machine Learning
Statistical Analysis

Similar Jobs at Discover

4 Days Ago
Hybrid
Chicago, IL, USA
Junior
Junior
Cloud • Fintech • Machine Learning • Analytics • Financial Services
The Senior Modeler is tasked with developing predictive models for Discover's business partners, utilizing machine learning and various algorithms. This role involves presenting modeling results, managing risks, and leveraging advanced statistical knowledge to drive data science solutions for the company.
Top Skills: Machine LearningStatistical Analysis
6 Days Ago
Hybrid
Chicago, IL, USA
Junior
Junior
Cloud • Fintech • Machine Learning • Analytics • Financial Services
The Modeler role involves developing predictive models using machine learning techniques, presenting analytical results to management, and driving data science solutions. The position requires innovation in modeling techniques and a strong understanding of statistical principles to enhance analytical capabilities.
Top Skills: None Specified
7 Days Ago
Hybrid
Chicago, IL, USA
Entry level
Entry level
Cloud • Fintech • Machine Learning • Analytics • Financial Services
The Modeler is responsible for developing predictive models and utilizing machine learning techniques to support Discover's business partners. This role involves presenting results of data analysis to management, managing risks, and innovating modeling techniques. The position emphasizes maintaining high competency in statistical and analytical principles.
Top Skills: Machine LearningPredictive Modeling

What you need to know about the Toronto Tech Scene

Although home to some of the biggest names in tech, including Google, Microsoft and Amazon, Toronto has established itself as one of the largest startup ecosystems in the world. And with over 2,000 startups — more than 30 percent of the country's total startups — Toronto continues to attract new businesses. Be it helping entrepreneurs manage their finances, simplifying business operations by automating payroll or assisting pharmaceutical companies in launching new drugs, the city's tech scene is just getting started.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account