Principal Quantitative Analyst - Global Finance

Discover Financial
United States
Full timeUSD 161,800 - 184,600 annuallyFunction: Capital Markets, Trading & QuantExperience: 3+ yearsEducation: mastersSkills: ["Technical communication","Written and verbal communication","Presentation skills","Model documentation","Stakeholder collaboration"]

Use quantitative modeling and statistical/machine learning methods to build and enhance capital markets frameworks across derivatives and fixed income. Partner with multiple business lines to create analytical solutions, automate processes, and develop cloud-based modeling capabilities. Apply expertise in regression, time-series, survival, panel data, and large datasets to generate decision frameworks. Communicate results clearly, provide technical guidance to leadership, and own the full model lifecycle from development through validation, deployment, training, and monitoring.

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FursaFursa
Discover Financial
Discover Financial
2 days ago

Principal Quantitative Analyst - Global Finance

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Last checked: 16 hours agoStatus: Live

Job Summary

Use quantitative modeling and statistical/machine learning methods to build and enhance capital markets frameworks across derivatives and fixed income. Partner with multiple business lines to create analytical solutions, automate processes, and develop cloud-based modeling capabilities. Apply expertise in regression, time-series, survival, panel data, and large datasets to generate decision frameworks. Communicate results clearly, provide technical guidance to leadership, and own the full model lifecycle from development through validation, deployment, training, and monitoring.
Location: United States
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Partner with lines of business to develop and enhance capital markets modeling and analytical frameworks (e.g., derivatives and fixed income).
  • •Create analytical solutions across Capital One entities to address complex business problems.
  • •Identify opportunities for quantitative and automation solutions to improve performance and process efficiencies.
  • •Collaborate in cross-disciplinary teams to build cloud-based solutions grounded in data.
  • •Provide technical guidance and clearly communicate modeling insights and results to diverse audiences.

Pay and Benefits

Salary: USD 161,800 - 184,600 annually
Perks:Health Insurance

Key Requirements

  • •Master’s in a quantitative field (or MBA with quantitative concentration) plus 3 years of quantitative analytics experience, or a PhD in a quantitative field.
  • •At least 3 years of experience in statistical or econometric modeling.
  • •At least 3 years of experience in linear and logistic regression.
  • •Programming experience in R, Python, or SQL.
  • •Experience presenting statistical concepts to non-statistical audiences and participating in model development from conceptualization through validation and deployment.
Experience:3+ years
Education:Master's
Skills:Technical communicationWritten and verbal communicationPresentation skillsModel documentationStakeholder collaboration
Tech Stack:PythonRSQLMachine learningCloud computingDerivatives modelsFixed income models

Eligibility

Work Authorization:Sponsorship available.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn