Home
/
Comprehensive
/
Principal Derivatives
Principal Derivatives-June 2024
Riverwoods
Jun 16, 2026
ABOUT DISCOVER
Make a difference working in a culture that thrives on customer-focused innovation.
10,000+ employees
Financial Services
VIEW COMPANY PROFILE >>
About Principal Derivatives

  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 the development and execution of hedging strategies to manage interest rate risk. This position reports to the Director, Investments, and partners with the Balance Sheet Management Group and Treasury Middle Office to ensure seamless execution of derivatives transactions.

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

  Responsibilities

  Execute hedging strategies to achieve the desired balance sheet positioning and risk posture. Discover utilizes a combination of cash, treasuries, mortgage backed securities, and interest rate swaps to fulfill this mandate

  Apply financial markets experience, including appropriate market etiquette, to manage banking partners and obtain best trade execution

  Serve as subject matter expert in the area of derivatives to assist Treasury in identifying implications of financial market and regulatory developments on company’s risk exposures

  Assist in the formulation, development, and communication of hedging and investment strategies to meet the broader ALM objectives

  Provide analytic support for a wide range of topics including risk positioning, hedge and investment alternatives, and assessment of economic and financial market conditions

  Assist in the execution of share repurchases to support the objectives of the Company’s capital distribution program

  Promote efficiency, risk mitigation, and an effective control environment by proactively partnering with internal and external stakeholders

  Minimum Qualifications

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

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

  6+ years of experience in Financial Reporting, Regulatory Reporting, Financial Analyst, or related field

  Preferred Qualifications

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

  Masters Degree in Finance, Accounting, Business, or related field#LI-EB1

  Application Deadline:

  The application window for this position is anticipated to close on Feb-25-2024. 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) (https://urldefense.com/v3/__https:/www.eeoc.gov/poster__;!!MjXRb4uW6x5k!ABIVgRw0WsyX2wfQC-pKxK3V9X4h1NBUGgjO7EM8PTvp5MNRgpEuVC_jVk0fcn_ISAZjmwkbLuUIrj8mFedCBkyz$)

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Sr Director, Customer Outcomes Go To Market Japan
At ServiceNow, our technology makes the world work for everyone, and our people make it possible. We move fast because the world can’t wait, and we innovate in ways no one else can for our customers
Area Supervisor
Our values start with our people, join a team that values you! We are the nation’s largest off-price retailer with over 2,000 stores, and a strong track record of success and growth. Our focus has al
Starbucks Cashier II
There’s never been a better time to join TravelCenters of America! For more than 50 years, millions of professional truck drivers and motorists have called our travel centers home, depending on us da
Independent Optometrist -- Walmart
Position Summary... What you'll do... Launch your services in Walmart stores! As an Independent Optometrist leasing space inside our Walmart stores, you will take a leading role in patient care with
Area Supervisor
Our values start with our people, join a team that values you! We are the nation’s largest off-price retailer with over 2,000 stores, and a strong track record of success and growth. Our focus has al
Area Supervisor
Our values start with our people, join a team that values you! We are the nation’s largest off-price retailer with over 2,000 stores, and a strong track record of success and growth. Our focus has al
Area Supervisor
Our values start with our people, join a team that values you! We are the nation’s largest off-price retailer with over 2,000 stores, and a strong track record of success and growth. Our focus has al
Risk Manager II
Description Amazon's Bad Actor Disincentives (BAD) team works to ensure that bad actors cannot profit from using our services to abuse Customers, Selling Partners or our Store. The team works to ensu
Assembler
Assembler Lenox, IA (http://maps.google.com/maps?q=Lenox+IA+50851) Apply Description Dalton Ag is a brand forged in America’s heartland and proud to be the premier fertilizer application equipment ma
Full-Time Assistant Store Manager
When you join our team as an Assistant Store Manager, you’ll take on key store management responsibilities including assisting with supervising day-to-day store activities, ensuring overall store per
Copyright 2023-2026 - www.zdrecruit.com All Rights Reserved