Data Scientist I

4 weeks ago

Cleveland, Ohio, United States Federal Reserve Bank Full time
Job Summary

The Federal Reserve Bank of Cleveland is seeking a highly skilled Data Scientist to join our Advanced Analytics team in the Supervision & Regulation department. As a Data Scientist, you will play a critical role in designing, developing, and conveying the results of models to ensure identification of firm-specific, sector, and broader banking industry trends and risk developments.

Key Responsibilities

Develop predictive models using machine learning, econometric modeling, and natural language processing techniques to measure, assess, and predict various measures of financial or non-financial risk relevant to the oversight of banking institutions.

Lead transformation of large and complex datasets in a manner that is suitable for analysis.

Visualize and report analytic findings using a variety of methods to promote understanding of key insights and actionable takeaways for both technical and non-technical audiences.

Deliver formal presentations, create analytical reports, and executive summaries of findings.

Requirements

Bachelor's degree in Mathematics, Statistics, Data Science, Economics with an emphasis on statistics.

5+ years of related work experience.

Or Preferred - Master's degree in Mathematics, Statistics, Data Science, Economics with an emphasis on statistics.

3+ years of related work experience.

Preferred Qualifications

Experience with data science tools and compute platforms (e.g., Databricks, AWS SageMaker, Red Hat Enterprise Linux, Red Hat OpenShift).

Experience with statistical programming using packages in Python or R.

Experience working with large data sets and data processing tools like SQL, Hadoop, Spark.

Experience with data visualization tools, preferably Plotly Dash.

Communication skills - both written and verbal. Ability to deliver presentations and draft publication-quality reports.

Experience with code, data, and model management tools like Git, GitLab, DVC.

About the Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is part of the nation's central bank and has provided many opportunities for professional growth during its history. The Bank's mission is to foster the stability, integrity, and efficiency of the nation's monetary, financial, and payments systems to promote optimal economic performance across the country and within the Fourth District.

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