1+ months

Principal Credit Risk Analyst - P121405_S2

Riverwoods, IL 60015
  • Job Code

Responsible for developing and enhancing credit management strategies and/or loss forecasts for Home Equity Loans. Utilizes experience in Mortgage/HELOC/Home Equity Loans experiences along with customer level information and predictive models to maximize profits, while using efficient trade-offs among key business metrics such as credit losses, receivables, and profit. Drives the identification, design, and implementation of statistical and business analyses in support of business strategy and loss forecasting activities

Major Responsibilities:

  • Leads the development of credit strategies, underwriting procedures &/or loss forecasts while demonstrating strong thought and results leadership to drive business results.

  • Ensures strategies are customized to the regulatory/compliance considerations for Home Equity Product as well as amicable to the operationally intensive nature of underwriting Home Equity Loans. Strategies should also perform as intended through continuous monitoring and respond to unexpected results in an expedited manner.

  • Fully understands end to end processes applicable to area of work including operational,
    modeling, data and infrastructure capabilities

  • Encourages culture of continuous improvement and test and learn mentality.

Minimum Qualifications

At a minimum, here's what we need from you:

  • Master's Degree in Mathematics, Sciences, Business, Statistics, Finance, Economics, Engineering, or related field
  • 4+ years of experience in Analytics, Consulting, Financial Services, or related field
  • In lieu of a degree, 6+ years of experience in Analytics, Consulting, Financial Services, or related field
Preferred Qualifications

If we had our say, we'd also look for:

  • 6+ years of experience in Analytics, Consulting, Financial Services, or related field


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.



  • Banking / Finance
Posted: 2019-06-30 Expires: 2019-11-01

Welcome to Discover
We strive to be the leading direct bank and payments services company. Our mission is to help people spend smarter, manage debt better, and save more to achieve a brighter financial future.

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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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Principal Credit Risk Analyst - P121405_S2

Riverwoods, IL 60015

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