Sr. Business Analyst - Operational Risk Capital

Discover Financial
Richmond
Workplace: OnsiteFull timeFunction: Business OperationsExperience: 2+ yearsEducation: mastersSkills: ["Communication","Strategic influencing","Problem-solving","Leadership","Decision-making"]

Develop operational risk loss projections for CCAR and allocate operational risk capital to lines of business as managerial capital. Partner with Enterprise Risk Management, Operational Risk Management, Finance, Legal, and Model Development to advance the risk measurement agenda. Use analytics and quantitative problem-solving to design and execute analyses, synthesize insights for leadership, and support implementation in a fast-paced, high-accountability environment.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
Discover Financial
Discover Financial
2 months ago

Sr. Business Analyst - Operational Risk Capital

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 2 hours agoStatus: Live

Job Summary

Develop operational risk loss projections for CCAR and allocate operational risk capital to lines of business as managerial capital. Partner with Enterprise Risk Management, Operational Risk Management, Finance, Legal, and Model Development to advance the risk measurement agenda. Use analytics and quantitative problem-solving to design and execute analyses, synthesize insights for leadership, and support implementation in a fast-paced, high-accountability environment.
Location: Richmond
Workplace: Onsite
Employment Type: Full time
Job Function: Business Operations
Seniority: Mid level

Key Responsibilities

  • •Identify business challenges and recommend solutions using analysis.
  • •Develop hypotheses, design analyses, synthesize takeaways for leadership, and lead implementation efforts.
  • •Partner cross-functionally with risk, finance, legal, and model development teams to support risk measurement.
  • •Use strong quantitative and analytic skills to drive operational risk capital loss projections for CCAR.
  • •Allocate operational risk capital to lines of business and product lines as managerial capital.

Key Requirements

  • •At least 2 years of professional experience performing analysis.
  • •Bachelor’s degree in a quantitative field, or a Master’s degree in a quantitative field (or an MBA with a quantitative concentration).
  • •Proven decision-making and problem-solving based on analytics with strong quantitative orientation.
  • •Strong communication skills, including written/oral communication and strategic influencing to drive agreement.
  • •Tenacious business judgment and integrity, with results orientation in an uncertain, fast-paced environment.
Experience:2+ yearsBankingRisk managementCapital management
Education:Master's in quantitative field (e.g., business, finance, accounting, statistics, economics, operations research, analytics, mathematics, computer science, engineering)
Skills:CommunicationStrategic influencingProblem-solvingLeadershipDecision-making
Tech Stack:PythonSQLTableauExcel

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