1+ months

Senior Risk Analyst - P151480_S3

Riverwoods, IL 60015
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  • Job Code
\u003Cp\u003E At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. \u003Cstrong\u003EWe\u0027re all about people, and our employees are why Discover \u003C/strong\u003Eis \u003Cstrong\u003E a great place to work. \u003C/strong\u003EBe the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.\u003C/p\u003E\u003Cp\u003EThis position within the Corporate Risk Management AML Modeling \u0026 Analytics team is responsible for supporting modeling and analytical requests of the AML compliance program. This role includes providing qualitative and quantitative analysis for new model development or fine tuning of existing rules, monitoring AML trends, assisting with implementation or improvement of transaction monitoring controls and monitoring programs or systems. This individual will also participate in data quality efforts and the analytical support for expansion of transaction monitoring coverage to new product types or lines of business.\u003C/p\u003E\u003Cp\u003E \u003C/p\u003E\u003Cp\u003E\u003Cstrong\u003E RESPONSIBILITIES \u003C/strong\u003E\u003C/p\u003E\u003Cul\u003E\u003Cli\u003EParticipate and lead modeling projects including model design, data preparation, model development, implementation, documentation, and on-going monitoring \u0026 refinement\u003C/li\u003E\u003Cli\u003EConduct advanced statistical analyses to identify suspicious activity patterns, industry risks, or any complex, critical issues concerning the trends associated with money laundering or other financial crimes\u003C/li\u003E\u003Cli\u003EDevelop and deploy queries against enterprise data warehouses and the collection of system data for internal metric reporting\u003C/li\u003E\u003Cli\u003EProvide data support including data extraction, aggregation and quality check, assist simulation and analysis for model development or ad-hoc analysis\u003C/li\u003E\u003Cli\u003EMonitor system and model performance by producing \u0026 maintaining meaningful, robust metrics and reports\u003C/li\u003E\u003Cli\u003ECollaborate with technology business partners, prepare implementation documents and participate in implementation of new or updated models\u003C/li\u003E\u003Cli\u003EWork with Model Risk Management (MRM) or Internal Audit teams to handle model risk management related tasks\u003C/li\u003E\u003Cli\u003EAct as subject matter expert related to data elements, advanced analytics and modeling methodology\u003C/li\u003E\u003Cli\u003EProvide innovative and new ideas to improve model performance by identifying and evaluating new data elements, adopting advanced analytics and methodology\u003C/li\u003E\u003C/ul\u003E \u003C/p\u003E\u003Cp\u003E \u003Cp\u003E\u003Cstrong\u003EMinimum Qualifications\u003C/strong\u003E\u003C/p\u003E\u003Cp\u003E\u003Cstrong\u003EAt a minimum, here\u0027s what we need from you:\u003C/strong\u003E\u003C/p\u003E\u003Cp\u003E \u003C/p\u003E\u003Cul\u003E\u003Cli\u003EM.S. degree or above with emphasis in Statistics, Economics, Computer Science, Applied Mathematics, Engineering, or related quantitative fields\u003C/li\u003E\u003Cli\u003EMinimum one year working experience in analytics or technical fields, prefer in financial services industry or a regulatory agency or law firm involving compliance issues\u003C/li\u003E\u003Cli\u003EAbility to work independently with minimum supervision, as well as work with team members\u003C/li\u003E\u003Cli\u003EExcellent communication and interpersonal skills, with strong analytical mindset\u003C/li\u003E\u003Cli\u003EProficiency with data querying languages and tools (e.g. SQL, SAS, Teradata)\u003C/li\u003E\u003C/ul\u003E \u003Cp\u003E\u003Cstrong\u003EPreferred Qualifications\u003C/strong\u003E\u003C/p\u003E\u003Cp\u003E\u003Cstrong\u003EIf we had our say, we\u0027d also look for:\u003C/strong\u003E\u003C/p\u003E \u003Cp\u003E \u003C/p\u003E\u003Cul\u003E\u003Cli\u003EKnowledge in UNIX or PC environment for data extraction, reporting also preferred\u003C/li\u003E\u003Cli\u003EProven knowledge and expertise in business and analytics, machine learning background and working experience preferred\u003C/li\u003E\u003Cli\u003EAML/OFAC related knowledge and/or working experience preferred\u003C/li\u003E\u003C/ul\u003E \u003C/p\u003E\u003Cp\u003E #LI-DK1 \u003C/p\u003E \u003Cp\u003E The same way we treat our employees is how we treat all applicants - with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity \u0026 inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover. \u003C/p\u003E \u003Cbr\u003E\u003Cbr\u003E



  • Banking / Finance
Posted: 2019-09-05 Expires: 2019-12-12

Welcome to Discover
We strive to be the leading direct bank and payments services company. Our mission is to help people spend smarter, manage debt better, and save more to achieve a brighter financial future.

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You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.


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Senior Risk Analyst - P151480_S3

Riverwoods, IL 60015

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