Not going well - Anonymous employee Discover Employee Review

1.0
Feb 8, 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Benefits - PTO but sick days are included and less than normal holidays

Cons

- Bad and old style of management. Upper management is treated as nobility and only dictate around without much respect to people beneath them. Most of them have limited managerial and technical capability, and live in their own world. Lots of micromanagement and giving not much freedom and space to people under. - Reorg nonstop and losing a lot of people. All time high attrition and no realistic measure against it. - DEI just lip service. Upper management does as they please without much diversity or inclusion. - Red tape everywhere. - Bottom of the barrel compensation with very low bonus program. Merit increases less than half the inflation rate while making record profits and giving practically 0 merit increase last year. - No in place promotions. Need to change teams to get promoted. - Very hard to grow unless getting along with the "right people"

Explore other reviews about Discover

5.0
Mar 28, 2026
Recommend
CEO approval
Business outlook

Pros

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.

Cons

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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