Senior Business Analyst - Card Loss Forecasting and Allowance

Discover Financial
United States
Full timeUSD 111,200 - 126,900 annuallyFunction: Business OperationsExperience: 2+ yearsSkills: ["Problem-solving","Leadership","Communication","Strategic influencing","Results orientation"]

Own domestic card loss forecasting within Card Credit Risk Management. Analyze changing economic and customer conditions to understand and project future credit losses, and generate insights for senior leaders. Build and test risk models and forecasting approaches, connect drivers of credit trends to historical behavior, and partner across IT, Sales, Operations, and Finance to improve quality, volume, service, and profitability while informing business strategy and financial reporting.

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Discover Financial
Discover Financial
3 days ago

Senior Business Analyst - Card Loss Forecasting and Allowance

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Source: Company careers pageValidated by: Fursa AI
Last checked: 10 hours agoStatus: Live

Job Summary

Own domestic card loss forecasting within Card Credit Risk Management. Analyze changing economic and customer conditions to understand and project future credit losses, and generate insights for senior leaders. Build and test risk models and forecasting approaches, connect drivers of credit trends to historical behavior, and partner across IT, Sales, Operations, and Finance to improve quality, volume, service, and profitability while informing business strategy and financial reporting.
Location: United States
Employment Type: Full time
Job Function: Business Operations
Seniority: Mid level

Key Responsibilities

  • •Execute projects to understand recent credit performance of domestic card portfolios and generate insights for senior leaders.
  • •Leverage insights and forecasting models to produce a loss forecast that informs business strategy and financial reporting.
  • •Identify business challenges and opportunities and solve them using analysis to provide strategic or tactical recommendations.
  • •Perform modeling/analytics to support product and pricing strategies for lending products and develop targeted insights for new customer experiences.
  • •Support credit risk improvements by connecting drivers of future consumer credit trends to historical behavior, creating risk models, testing hypotheses, and developing monitoring plans.

Pay and Benefits

Salary: USD 111,200 - 126,900 annually

Key Requirements

  • •At least 2 years of professional experience performing analysis.
  • •Bachelor’s degree in a quantitative field (or in process) with degree expected by the start date.
  • •A Master’s degree in a quantitative field (or in process) or an MBA with a quantitative concentration (or in process) expected by the start date.
  • •1+ years of experience in statistical model building.
  • •1+ years of experience in SQL querying.
Experience:2+ years
Education:
Skills:Problem-solvingLeadershipCommunicationStrategic influencingResults orientation
Tech Stack:SQL

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