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Discover Principal Financial Consultant 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 providing financial and business analysis support for one of Discover's business units. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

Develops profitability analyses and projections for marketing and customer segments. Analyzes customer behaviors and product profitability trends to understand financial implications and influence actions. Develops and enhances financial models. Improves forecasting accuracy and drives business insights. Provides management with strategic advice and financial analyses for investment decisions, pricing changes, and channel and segment expansions. Performs competitive analyses to drive strategic insights and actions. Translates business opportunities and issues into financial analyses. Develops business cases with recommendations to management. Provides financial and business analysis support. In particular, consolidates, evaluates and reports financial projections for capital planning and stress testing.

Responsibilities

  • Drives revenue generating and expense efficiency initiatives by understanding business economics and effectively leading and influencing business.

  • Develops financial projections to support planning and investment decisions. Provides advice and financial analyses to leadership for investment decisions, pricing changes, and the development of new products and offers. Monitors and assesses the return on financial investments. Leads an analytical approach to proactively develop insightful financial analyses.

  • Develops and leads financial planning activities including budgeting, short and long-term forecasting, revenue and expense driver analysis.

  • Conducts variance analysis and consolidation activities

  • Collaborates with business partners (e.g, marketing, and operations) to develop robust financial forecasts and drive insightful analysis.

  • Continuously improves and streamlines standard work processes.

  • Creates and maintains models to understand long-term profit and loss impacts and drive business decisions.

  • Performs detailed competitive analyses to drive strategic insights and actions.

Minimum Qualifications

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

  • Bachelor's Degree in Finance, Business, or related field

  • 4+ years of experience in Finance, Consulting, Investment Banking or related field

Preferred Qualifications

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

  • Master's Degree in Finance, Business, or related field

  • 6+ years of experience in Finance, Consulting, Investment Banking or related field

#LI-EB1

Application Deadline:

The application window for this position is anticipated to close on Jun-17-2024. 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 $88,500.00 to $149,300.00. 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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