Discover Logo

Discover

Modeler

Posted 15 Days Ago
Be an Early Applicant
Hybrid
Chicago, IL
92K-128K Annually
Mid level
Hybrid
Chicago, IL
92K-128K Annually
Mid level
The Modeler is responsible for developing predictive models, conducting data analysis and presenting findings to support business decisions.
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 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.


Bonus Points If You Have

  • Ph.D. Statistics, Mathematics., Information Technology, Engineering, Economics, or related
  • 2+ years Developing data-based analytical solutions; Financial service 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.
#LI-EB1
Application Deadline:
The application window for this position is anticipated to close on Apr-22-2025. 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
  • Short and Long Term Disability, Life, and Accidental Death & Dismemberment insurances
  • 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 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)
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.
At Discover, we are committed to creating an inclusive and equitable workplace through our Fair Chance Hiring practices. Fair Chance Hiring means that we base our hiring decisions on an applicant's qualifications rather than their criminal record. All our positions are subject to Section 19 of the Federal Deposit Insurance Act. Our applicants go through a background check, and we follow all applicable local laws, including the Los Angeles County Fair Chance Hiring Ordinance ( LA County Fair Chance ).
Positions marked as remote eligible are limited to remote locations within the country in which the position is based.
Applicants must be 18 or older at the time of hire.

Top Skills

Data Science
Machine Learning
Predictive Modeling
Statistical Analysis

Similar Jobs at Discover

2 Days Ago
Hybrid
Chicago, IL, USA
92K-128K Annually
Junior
92K-128K Annually
Junior
Cloud • Fintech • Machine Learning • Analytics • Financial Services
Develop predictive models using machine learning to support business partners, present analysis results, and manage risk issues.
Top Skills: Data ScienceMachine LearningStatistical Analysis
9 Days Ago
Hybrid
Chicago, IL, USA
125K-175K Annually
Mid level
125K-175K Annually
Mid level
Cloud • Fintech • Machine Learning • Analytics • Financial Services
As a Senior Modeler, you will develop predictive models using machine learning, design analytical solutions, and collaborate with business partners to drive data-driven recommendations.
Top Skills: Analytical ToolsMachine LearningStatistical Analysis
11 Days Ago
Hybrid
Chicago, IL, USA
125K-175K Annually
Junior
125K-175K Annually
Junior
Cloud • Fintech • Machine Learning • Analytics • Financial Services
Develop predictive models using machine learning and algorithms. Manage risk, present analysis results, and innovate modeling techniques.
Top Skills: Analytical ToolsData ScienceMachine LearningStatistical Analysis

What you need to know about the Charlotte Tech Scene

Ranked among the hottest tech cities in 2024 by CompTIA, Charlotte is quickly cementing its place as a major U.S. tech hub. Home to more than 90,000 tech workers, the city’s ecosystem is primed for continued growth, fueled by billions in annual funding from heavyweights like Microsoft and RevTech Labs, which has created thousands of fintech jobs and made the city a go-to for tech pros looking for their next big opportunity.

Key Facts About Charlotte Tech

  • Number of Tech Workers: 90,859; 6.5% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Lowe’s, Bank of America, TIAA, Microsoft, Honeywell
  • Key Industries: Fintech, artificial intelligence, cybersecurity, cloud computing, e-commerce
  • Funding Landscape: $3.1 billion in venture capital funding in 2024 (CED)
  • Notable Investors: Microsoft, Google, Falfurrias Management Partners, RevTech Labs Foundation
  • Research Centers and Universities: University of North Carolina at Charlotte, Northeastern University, North Carolina Research Campus

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account