Beware of Spotty Leadership - Recensione dipendente - Senior Associate presso Discover

2,0
23 lug 2019
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Benefits are excellent, and base salary, while not as high as some other finance companies, is fair. Bonus structure and raises are also fairly decent. You have the opportunity to learn a lot at Discover from some very smart people. I'd highly recommend it as a place to get solid corporate work experience before moving on elsewhere.

Svantaggi

1. Recent rounds of layoffs as part of department restructures exposed leaders that aren't making decisions based on actual job function or performance, but personal relationships or agendas. This isn't the way to keep morale high. A lot of people feel the place has become toxic due to the reorgs happening across the enterprise and are looking to get out. 2. There is a huge bloat of middle and upper management. Too many Directors, specifically, who are largely incompetent or not at all useful, and instead just trying to figure out who and how to get promoted to VP. It's an additional layer between Senior Manager and VP that is largely useless if all the Directors care about is getting ahead, and not the actual functions of each team. 3. Goals are very ill-defined here. You spend months and months forming goals and projections only to abandon them for the next shiny object that pops up. There's surprisingly little strategic thinking among the higher ups here. It's all about reacting to the latest fire or hot topic and not at all about executing a cohesive strategy. 4. Work from home benefits are about to go away due to the new CEO hating it, so if you're counting on that and hate commuting to the suburbs, I'd recommend finding a different place to work. 5. DMS is really ineffective. It creates more meetings and wastes time trying to brainstorm on initiatives that ultimately never get executed.

Esplora altre recensioni su Discover

5,0
12 mag 2026
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Discover was an amazing company

Svantaggi

Post merger, it’s not the same vibe. Most of us are miserable.

5,0
28 mar 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

One of the most significant advantages of interning at Discover is the opportunity to work with massive, high-stakes financial datasets within a highly collaborative and mentorship-driven culture. Because the company manages millions of consumer accounts, you gain direct experience in how data-driven decisions impact risk management, credit modeling, and fraud detection in real time. The environment is known for being supportive of early-career professionals, offering structured learning paths and exposure to modern cloud-native infrastructures like AWS. Furthermore, the company’s strong focus on work-life balance and a clear pipeline for converting interns to full-time roles makes it an excellent "foot in the door" for anyone looking to build a career in fintech.

Svantaggi

On the other hand, the primary drawback often stems from the inherent bureaucracy and heavy regulation of the banking industry, which can lead to slower project lifecycles and "red tape." You may find that a significant portion of your time is spent on repetitive data cleaning and maintaining legacy reporting systems rather than building the cutting-edge predictive models you might expect. Additionally, because Discover is a massive organization, your scope of work can sometimes feel siloed, making it difficult to see the end-to-end impact of your analysis across different departments. Finally, the current landscape of the industry means that internal shifts or large-scale corporate restructuring can occasionally lead to uncertainty regarding team directions or long-term project stability.

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