Principal Financial Consultant - Payment Services Analytics

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:

What You’ll Do

• Be a key part of the Proprietary Payments Finance Team where you will work closely with Payments experts across multiple functions, including Global Product, Network Operations, Global Network Analytics & Pricing, Risk and Strategic Client Management to assess investment opportunities and guide your business partners towards optimizing business decisions through transparency and collaboration.

• The right candidate enjoys building partnerships, leveraging technology and a natural curiosity to drive the business forward and optimize profitability.

• Responsible for providing financial and business analysis support for Discover's Payments Services business unit.

• Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

How You’ll Do It

• Partner with finance leadership to support finance merger activities, working cross functionally to complete requests.

• Provides management with insightful analysis and reporting to make optimal business decisions.

• Takes a leadership role in managing your business partner relationships as a primary point-of-contact for analytics activities.

• Excels as the Line of Business (LOB) Finance organization “hub” connected to all the Finance organization “spokes” (e.g. Accounting, Tax, Treasury, Investor Relations, etc…)

• Develops best-in-class analytical and reporting tools that are easy to use and highly automated.

• Performs as part of a dynamic team of Finance professionals all working together to achieve individual, team, business unit and company goals.

• Provides management with strategic advice and financial analyses for investment decisions, pricing changes, and channel and segment expansions.

• Analyzes customer behaviors and product profitability trends to understand financial implications and influence actions.

• 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.

• May participate in financial planning activities including budgeting, short and long-term forecasting, revenue and expense driver analysis.

• 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.

• Conducts variance analysis and consolidation activities.

Qualifications You’ll Need

The Basics

• Bachelors degree in Finance, Business Administration and Management, or related

• 4+ years of experience in Financial Services, Consulting, Investment Banking, or related

Physical and Cognitive Requirements

The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential function of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

• Primarily move about the work environment.

• Occasionally move about the work environment to complete the major responsibilities of the job.

• Primarily performed indoors in an office setting.

• Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.