Director Credit Risk Analysis

6 days ago

Riverwoods, United States Discover Financial Services Full time
Job Description

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:

As a leader within credit risk, Director - Credit Risk Analysis will be responsible for identifying, monitoring, and mitigating real estate collateral valuation risk for Discover Home loans. This role will own policies, strategies, and provide oversight as it relates to the selection and quality of collateral valuation products. They will lead the team to evaluate market and collateral valuation trends and mitigate risks for both originations and servicing. 

Creates a culture of effective risk management, accountability, and demonstration of risk awareness across the organization.

Responsibilities:

  • Enhance credit policy to outline valuation usage for both home lending originations and servicing to ensure adherence to valuation guidelines and regulations.
  • Supervise a risk-based strategy to optimize valuation accuracy and efficiency.
  • Lead validation of model usage in valuations.
  • Lead a governance program and routines that provides oversight for home lending in their usage and quality control of valuations.
  • Monitor customer complaints related to appraisals to identify emerging risks.
  • Monitor macroeconomic and external valuation trends to identify emerging risks.
  • Address all emerging risks by evaluating and making necessary adjustments to our internal program.
  • Work closely with business partners to communicate credit requirements and oversight monitoring results to strengthen the collateral program.

Minimum qualifications:

  • Bachelor’s degree in one of the following disciplines: Engineering, Mathematics, Statistics, Finance, Economics, Business Administration and Management, Social Studies, or related degree.
  • 8+ years of work experience in Analytics, Consulting, Financial Services or related.

Preferred qualifications:

  • Real Estate / Collateral valuation experience including regulations, models, quality control, valuation policies and strategies.
  • 10+ years of work experience in Analytics, Consulting, Financial Services 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-ML2

Application Deadline:

The application window for this position is anticipated to close on Sep-11-2024. 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 $150,500.00 to $228,900.00. 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 HireAccommodation@discover.com. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

  • Principal Consumer Credit Risk Specialist

    4 weeks ago

    Riverwoods, United States National Black MBA Association Full time

    Job Description : Responsible for developing, applying, and enhancing credit risk oversight processes in support of and under the oversight of the overall Corporate Risk Management framework and system. Responsibilities will include but not be limited to evaluating and monitoring consumer credit risk appetite, tolerance, and thresholds; defining the process...

  • Credit Risk Management Specialist

    2 weeks ago

    Riverwoods, Illinois, United States Discover Full time

    Join Discover and Shape the Future of Financial ServicesAt Discover, we believe in doing impactful work from the very start. Our culture thrives on collaboration, driven by our core principles: We Play to Win, We Get Better Every Day, and We Succeed Together. We are committed to your growth and to making a significant impact at one of the leading digital...

  • Senior Principal Operational Risk Oversight

    2 months ago

    Riverwoods, United States Discover Full time

    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...

  • Senior Principal Operational Risk Oversight- Credit Strategies and Underwriting

    2 months ago

    Riverwoods, Illinois, United States Discover Full time

    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...

  • Senior Manager Business Risk Analysis and Strategy

    1 month ago

    Riverwoods, United States Discover Full time

    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...

  • Principal Market

    4 weeks ago

    Riverwoods, United States National Black MBA Association Full time

    Job Description: Responsible for implementing, maintaining, and enhancing market and liquidity risk oversight. Reviews and evaluates both market and liquidity risk management processes to ensure compliance with internal policies and regulatory requirements, identify areas for enhancements, and safeguard business growth with sound risk management. Provides...

  • Senior Manager Risk Appetite

    1 month ago

    Riverwoods, United States Discover Full time

    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...

  • Senior Manager of Process Optimization and Risk Management

    5 days ago

    Riverwoods, Illinois, United States Discover Full time

    Job SummaryDiscover is seeking a highly skilled Senior Manager of Process Optimization and Risk Management to lead our analytics and reporting team. As a key member of our leadership team, you will be responsible for developing, maintaining, and communicating reporting tools that identify, measure, and monitor risk and performance indicators.Key...

  • Director Operational Risk Oversight, Card

    1 month ago

    Riverwoods, United States Discover Full time

    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...

  • Principal Enterprise Risk Management

    4 weeks ago

    Riverwoods, United States Discover Full time

    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...

  • Principal Enterprise Risk Management

    4 weeks ago

    Riverwoods, Illinois, United States Discover Full time

    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...

  • HR Business Risk Lead

    1 week ago

    Riverwoods, Illinois, United States Discover Full time

    Join Our Team:At Discover, we believe in the power of meaningful work from the very first day. Our culture thrives on collaboration, guided by our core principles: We Play to Win, We Get Better Every Day, and We Succeed Together. We are committed to fostering your growth and empowering you to make a significant impact in the world of digital banking and...

  • Lead Information Security Risk Analyst

    1 month ago

    Riverwoods, Illinois, United States Discover Full time

    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...

  • Lead HR Business Risk

    1 month ago

    Riverwoods, Illinois, United States Discover Full time

    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...

  • Lead Information Security Risk Analyst

    1 month ago

    Riverwoods, United States Discover Full time

    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...

  • Data Science Principal

    7 days ago

    Riverwoods, Illinois, United States Discover Financial Services Full time

    Job SummaryWe are seeking a highly skilled Data Science Principal to join our team at Discover Financial Services. As a key member of our analytics team, you will be responsible for leading the development and implementation of advanced analytics initiatives to drive business growth and improvement.Key ResponsibilitiesThought Leadership: Provide strategic...

  • Senior HR Risk Management Leader

    2 weeks ago

    Riverwoods, Illinois, United States Discover Full time

    Discover. A brighter future.At Discover, you'll engage in impactful work from the very start.Our inclusive culture is founded on three essential principles: We Play to Win, We Get Better Every Day & We Succeed Together. We encourage your growth and your ability to make a difference at one of the foremost digital banking and payments organizations. We...

  • Senior Analytics Leader

    7 days ago

    Riverwoods, Illinois, United States Discover Financial Services Full time

    Job SummaryWe are seeking a highly skilled Data Science Principal to join our team at Discover Financial Services. As a key member of our analytics team, you will be responsible for leading the development and implementation of advanced analytics initiatives to drive business growth and improvement.Key ResponsibilitiesThought Leadership: Provide strategic...

  • Principal Operational Risk

    4 weeks ago

    Riverwoods, United States Discover Full time

    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...

  • Principal Operational Risk Oversight

    2 months ago

    Riverwoods, United States Discover Full time

    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...