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Discover Investing in New Data and Analytics Program Bringing 150 Jobs to Chicago
Rhea-AI Impact
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Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Discover has launched its new Advanced Analytics Resource Center (AARC) in downtown Chicago, welcoming 75 employees. This initiative emphasizes Discover's commitment to technology and analytics while boosting job opportunities in the area. The program aims to provide career development through diverse project rotations. Discover plans to introduce an additional cohort of 75-100 employees in 2023. This follows the opening of a customer care center in Chatham, intended to employ over 1,000 by 2024. The AARC@606 strengthens Chicago's tech reputation.
Positive
Launch of AARC@606 with initial cohort of 75 employees enhances Discover's investment in technology.
Plans to grow AARC with more cohorts in 2023, indicating expansion and commitment to workforce development.
AARC provides diverse project rotations for employees, fostering skill development and career growth.
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Opening of Its New Advanced Analytics Resource Center Highlights the Digital Bank’s Focus on Technology, Boosts Chicago’s Reputation as a City for Emerging Tech and Analytics Talent
RIVERWOODS, Ill.--(BUSINESS WIRE)--
Discover announced its new Advanced Analytics Resource Center (AARC) today and welcomed its first cohort of 75 employees at its downtown Chicago Office called the 606. The launch of the AARC@606 advances Discover’s investment in technology and analytics as well as its commitment to bringing jobs to Chicago. Discover aims to increase access and opportunity for diverse talent to enter the technology and analytics fields through broader outreach to universities, student exploration programs, and partnerships with community and professional organizations.
Discover's downtown office will be the home of the AARC@606 program. (Photo: Business Wire)
The AARC@606 is the latest investment in advancing data and analytics careers at Discover. The program is designed to accelerate learning and career development, providing each employee the opportunity to rotate through a variety of projects and gain exposure to different areas of the business. During the program, employees will begin to specialize in a chosen area and eventually be transferred to a permanent role in that department.
“Our data and analytics teams are always looking for outstanding technical talent with diverse backgrounds to join Discover,” said Keith Toney, executive vice president and chief data and analytics officer at Discover. “We want early-in-career employees who are just joining the workforce to gain experience in different areas, find what they are most passionate about and grow their capabilities and careers at Discover.”
The company plans to grow the program with an additional cohort of 75-100 employees in 2023 with an opportunity to hire more based on the program’s success. The launch of the AARC@606 follows Discover’s recent grand opening of its customer care center in Chatham where more than 1,000 employees will work by 2024 and which currently houses a tech hub for employees wishing to advance their career in business technology.
For the 150 employees who will participate in the AARC@606 cohorts over the next year, all are required to live in the Chicagoland area and have a hybrid work schedule, working both at the 606 and from home. AARC@606 both builds on Discover's commitment of bringing jobs to Chicago and adds to the growing list of tech jobs coming to the area, reinforcing Chicago’s growing reputation as a top draw for emerging tech talent.
"Chicago continues to attract and retain talent across industries thanks to our many amenities that help both residents and businesses thrive," said Chicago Mayor Lori E. Lightfoot. "This is especially true for our city's tech industry, demonstrated by these new employees relocating to our city to join Discover in their downtown office. I'm grateful for Discover's continued commitment to Chicago and happily welcome their newest employees to our great city."
“We knew that a comprehensive development program for data and analytics newcomers would be well received and can set them up for a successful career,” said Simon Kho, director of emerging talent programs, human resources at Discover. “Recruiting top data analysts and technologists is especially competitive these days, and we feel that Discover’s AARC@606 program and the opportunity to work in a city that is nurturing emerging tech and analytics talent will differentiate Discover among other employers.”
Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover® card, America's cash rewards pioneer, and offers private student loans, personal loans, home loans, checking and savings accounts and certificates of deposit through its banking business. It operates the Discover Global Network® comprised of Discover Network, with millions of merchants and cash access locations; PULSE®, one of the nation's leading ATM/debit networks; and Diners Club International®, a global payments network with acceptance around the world. For more information, visit www.discover.com/company.
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.
