Risk Data Scientist
Top focus
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Job Description
At Regions, the Risk Data Scientist researches, models, implements, and validates algorithms (predictive and prescriptive) to analyze diverse sources of data to achieve targeted outcomes. The position at this level works with multiple teams of data scientists, analysts, and visualization experts and mentors junior risk data scientists as well as independently contributes to solving complex business problems and enabling effective risk management.
Additionally, the position at this level requires effective leadership and project management skills as well as in-depth knowledge in quantitative analytical methods, data management, visualization, and programming skills suitable to drive data-driven decisions.
Primary Responsibilities Mentors and guides junior risk data scientists Plans and manages multiple concurrent projects Carefully leverages data science, including advanced quantitative solutions, models, tools, and analysis to evaluate and provide solutions to complex business problems and effectively manage a wide spectrum of risks to the company Works with large, structured, and un-structured datasets Uses quantitative and analytical techniques to accelerate profitable growth and monitor and mitigate risk- unlocking value across all functional areas of business Conducts research to evaluate the ongoing appropriateness of existing or proposed quantitative solutions Uses Big Data tools (e.g.
Hadoop, Spark, H2O, CDSW, Domino Labs, etc.) to build data analytics solutions Builds machine learning and Artificial Intelligence (AI) models from development through testing and validation Designs rich data visualizations to communicate complex ideas to business leaders and executives Communicates outcomes and proposed business solutions to senior leaders and other constituencies, including external auditors and prudential regulators Draws insights from data to make quick, well informed decisions with available information Demonstrates ability to continuously learn and provide value in a dynamic environment Works on all phases of model lifecycle, including research, data collection, model development and variable selection, model implementation and testing, model documentation, and ongoing monitoring of model to ensure it is working as intended; shepherds the model through the model validation process This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements Bachelor's degree and six (6) years of related experience in a quantitative/analytical/STEM field Or Master's degree and four (4) years of related experience in a quantitative/analytical/STEM field Or Ph.D. and four (4) years of related experience in a quantitative/analytical/STEM field Two (2) years of hands-on experience with Big Data technologies such as Hadoop, Hive, Impala, Spark, or Kafka Three (3) years of working experience with statistical and predictive modeling concepts and approaches such as machine learning, clustering and classification techniques, and artificial intelligence Three (3) years of working programming experience analyzing large, complex, and multi-dimensional datasets using a variety of tools such as SAS, Python, Ruby, R, Matlab, Scala, or Java Preferences Background in banking and/or other financial services Experience in Agile Software Development May require experience in libraries such as TensorFlow, Pytorch, or Keras Knowledge in Google Analytics and/or Adobe Digital Skills and Competencies Advanced Structure Query Language (SQL) skills Comfortable with both relational databases and Hadoop-based data mining frameworks Deep understanding of statistical and predictive modeling concepts, machine learning approaches, clustering and classification techniques, and recommendation and optimization algorithms Expertise in analyzing large, complex, multi-dimensional datasets Proficient in visualization tools like Power Business Intelligencer (BI) and Tableau Strong business acumen with the ability to communicate with both business and Information Technology (IT) leaders Strong leadership and project management skills Experience with CI/CD environments (Snowflake, Harness, Artifactory, etc.) preferred Ability to orchestrate large data pipelines efficiently (Spark, Pyspark, Snowpark) Position Type Full time Compensation Details Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions.
Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position. Job Range Target: Minimum: $101,008.05 USD Median: $145,720.00 USD Incentive Pay Plans: Benefits Information Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates.
Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions. Paid Vacation/Sick Time 401K with Company Match Medical, Dental and Vision Benefits Disability Benefits Health Savings Account Flexible Spending Account Life Insurance Parental Leave Employee Assistance Program Associate Volunteer Program Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.
To learn more about Regions’ benefits, please click or copy the link below to your browser. https://www.regions.com/about-regions/welcome-portal/benefits Location Details Riverchase Complex North Building Location: Hoover, Alabama Equal Opportunity Employer/including Disabled/Veterans Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting.
Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.