Junior Data Scientist with PhD | McLean VA - F2F Interview

Jr. Data Scientist

2/3 days onsite in McLean VA

Long Term

Prefer someone with PhD and 1-3 years of experience and local to the DMV area

Top Skills' Details

1. 1-3 years working as a data scientist - strong preference with experience in the financial services space/banking - if they have experience with credit cards that is very nice to have
2. Strong SQL and Python - must be able to write/code from scratch and do advanced SQL queries
3. good communication skills and ability to speak with upper-level business

Job Description

We can tailor it to this contractor position. We want to target a junior level data scientist, with 1-3 years of experience.

Summary

The primary purpose of this job is to develop and evaluate statistical models associated with PenFed's lending function. The incumbent will provide analytical support for credit policies and programs related to origination and portfolio monitoring.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

• Interact with and advises Management of regarding credit risk issues; formulates product strategy recommendations and evaluates the risk in the overall loan portfolio.
• Autonomous end-to-end statistical model creation, including but not limited to identifying objectives, compiling data, sampling/prepping data, feature selection, model comparison/selection, deployment, and monitoring. Ensures adequate internal control processes around model development, implementation and validation are established.
• Maintaining documentation for key processes and model components across the team with focus on standardization of processes; Engage model development teams, model production, and forecasting/model production team/users to develop consistent model implementation and process capabilities.
• Detail oriented, results driven, and has the ability to navigate in a quickly changing and high demand environment to develop solutions while balancing multiple priorities.
• Participate in regular interactions with various stakeholders to enhance model implementation processes and translate requirements into integrated forecasting process/tools for effective consumption.
• Assist management with maintaining PenFed’s compliance with all applicable federal, state, and local laws, regulations, and ordinances by abiding by PenFed compliance program and all policies, procedures, rules, and regulations

Education and Experience

Equivalent combination of education and experience is considered.

• Master’s Degree in Mathematics, Statistics, Economics, Engineering or a related field is required. PHD is highly preferred.
• Minimum of one (1) years of experience in quantitative modeling for master’s degree holder, Minimum of zero (0) years of experience for PhD degree holder.
• Applied experience with Logistic Regression, Linear Regression, Machine Leaning, and Survival Analysis.
• Advanced programming skills to include knowledge of statistical programs (e.g. SQL, Python, and R).
• Ability to manage multiple projects simultaneously and implement rapid changes in project direction.
• Demonstrate strong data analysis skills, ability to understand underlying data and complex loss/balance forecasting models, various product features, possess organizational and prioritization skills, as well as strong attention to detail.
• Critical thinking using both analytical and tactical approach to problem solving within the Quantitative Modeling team is required
• Excellent oral and written communication skills required