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Discover Lead Treasury Analyst (Capital Planning) in Riverwoods, Illinois

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:

Responsible for producing and interpreting reports and analytics in support of core Treasury activities, including interest rate, capital and liquidity risk management, funds transfer pricing, funding and capital markets activities, cash management, and various reporting functions.

Manage macroeconomic scenario administration and analysis, including economic forecasts used in planning, CECL reserving and CCAR processes and provide financial analysis support to the Treasury Capital Planning team.

Identifies and implements technological solutions to automate these duties. Seeks continuous improvement through deeper analytical insights. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

Responsibilities:

  • Manage baseline and alternative macroeconomic forecast loads for planning, CECL reserving and CCAR stress testing processes, ensuring data accuracy, reasonableness, and consistency.

  • Review macroeconomic forecasts from different vendors for baseline and alternative scenarios, analyze trends and variances and prepare economic forecast reports and analysis for various committees.

  • Support and execute model risk activities for the models used for macroeconomic forecasting, including documentation updates and performance monitoring.

  • Conduct a wide range of analysis and ad hoc financial reviews to support macroeconomic forecasting and capital planning processes, including review of CCAR forecasts results.

  • Support the development of key Capital Planning communications, aggregate data across the business and package the information into clear, concise, and easy-to-understand presentations to help senior management and the Board stay informed and approve key Capital Planning decisions.

  • Contribute to high-level reporting functions and development of key strategic communications to a broad range of internal and external stakeholders, and provide timely updates that allow leaders to manage risks effectively.

  • Conduct a wide range of analyses that support all core Treasury activities.

  • Take primary responsibility for the accuracy, reasonableness, and consistency of data and assumptions used to model balance sheet activities while implementing appropriate controls.

  • Manage regulatory requirements and stay current with best practices to manage changes in such. Manage and articulate strategic objectives.

  • Learn and develop technology and data analysis skills and serve as a key resource to other Treasury analysts by teaching and promoting best practices in the same. Support Corporate Treasury's technology initiatives to automate routine tasks and streamline work flows.

Minimum Qualifications

At a minimum, here’s what we need from you:

  • Bachelor’s Degree in Business Administration and Management, or related field

  • 4+ years of experience in Financial Analysis and or Banking/Financial Services or related

  • In lieu of a degree, 6+ years of experience in Financial Analysis and or Banking/Financial Services or related

Preferred Qualifications:

If we had our say, we’d also look for:

  • 3+ years of progressively responsible experience in relevant work, especially using programming languages (Python or similar, SQL), statistical software (Stata, R, or similar), ALM software (QRM or similar) and web development languages (HTML, CSS, etc.); experience using Linux/Unix also preferred

  • Capital Planning/Macroeconomic Forecasting experience

#LI-BP1

Application Deadline:

The application window for this position is anticipated to close on May-04-2024. 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 $75,500.00 to $127,900.00. 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) (https://www.dol.gov/agencies/ofccp/posters)

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.

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