Principal Data Science, Pricing

at Discover Bank in New Castle, Delaware, United States

Job Description

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 analyzing various pricing scenarios to provide recommendations. Work closely with cross functional teams to implement price updates. Responsible for providing though leadership & strategic thinking to solve business problems by leveraging techniques such as financial P&L analysis and forecasting, lifetime value analysis, profitability optimization and advanced analytics. This position will closely monitor and analyze the impact of our price changes and as well as competitors.


Provides thought leadership & strategic thinking to translate business problem into analytical framework(s), and independently recommend actions and provide business insights. Operates as a subject matter expert on financial impact analysis, what-if scenario analysis and optimization, test and design experience, statistical analysis, and reports/dashboard automation.

Work closely with cross functional partners to monitor, analyze, recommend, and implement pricing changes. Formulate and complete end to end analysis that includes data gathering, analysis, ongoing scaled deliverables, and presentations. Facilitate implementation of work product and ensure accuracy. Establishes and maintains effective performance tracking; identifies improvement opportunity, form hypothesis, propose, design, and implement tests to drive strategy enhancement and optimization.

Develops and automates reports, iteratively build and prototype dashboards to provide insights at scale, solving for analytical needs.

Delivers effective presentations of findings and recommendations to multiple levels of leadership, creating visual displays of quantitative information.

Consistently follows standard work processes and documentation requirements. Recommends improvement to work processes to increase efficiency while maintaining quality of work. Continuously improves technical and leadership skills through training and development.

Minimum Qualifications
At a minimum, here's what we need from you:

Bachelor's Degree in Finance, Analytics, Engineering, Statistics, or related field

6+ years of experience in Credit Risk, Fraud Risk, Marketing Analytics, Optimization, Operations Analytics, Modeling/Data Science, or related field

Preferred Qualifications
If we had our say, we'd also look for:

Master's Degree in Analytics, Engineering, Mathematics, Statistics, or related field

7+ years of experience in Credit Risk, Fraud Risk, Marketing Analytics, Optimization, Operations Analytics, Modeling/Data Science, or related field

What are you waiting for? Apply today!

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 & 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.

Copy Link

Job Posting: 998570

Posted On: Jul 05, 2022

Updated On: Jul 28, 2022