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Data Scientist/Senior Data Scientist

Company

Federal Bureau of International Transportation

Address United States
Employment type FULL_TIME
Salary
Expires 2024-03-09
Posted at 7 months ago
Job Description

BenefitsPulled from the full job description

  • 401(k)
  • Paid time off
  • Health insurance
  • Tuition reimbursement
  • 401(k) matching
  • Visa sponsorship
  • Dental insurance

Show more


Company

Federal Bureau of International Transportation

Federal Bureau of International Transportation has an exciting opportunity for individuals with data science experience. The successful candidate will become a part of the Production Function within the National Stress Testing Program. The individual will work with complex datasets, a variety of statistical modeling techniques, and several programming languages. The individual will collaborate locally with other members of the Minneapolis team as well as nationally with colleagues across the Federal Reserve System. The individual will utilize R and Python to implement models for annual Dodd-Frank Act stress tests, develop automated analytics, and support policy makers with ad hoc analysis. The individual will interact with senior leaders across the Federal Reserve System. Candidates with significant relevant experience will be considered for a senior role. Responsibilities Include:


  • Communicates outcomes of projects and analyses to various audiences including senior bank leadership and Federal Reserve System officials
  • Develops and maintains automated analytical tools to support interpretation of data trends and modeled outcomes
  • Safeguards equipment, sensitive data, and resources according to the SRC Information Security and Data Handling Handbook
  • Designs and implements standardized, high-quality code used to produce stress testing results
  • Handles records in accordance with the System Records Retention Manual compliance plan
  • Collaborates with other analysts, project management, and leadership on coding, results execution, and ad hoc analysis
  • Develops subject matter expertise in areas of financial risk relevant to stress testing and banking.
  • Performs other duties as assigned
  • Collaborates with model research and development staff to assess operational risks and design of code for proposed model changes
  • Uses best practices around development, testing, deployment, and controls of model code and analytics
  • Maintains and creates database/computing requirements for efficient and rigorously controlled production

Qualifications:

  • Experience with data science in cloud-based environments preferred
  • Expertise in management of data requirements and use of data in relational databases using SQL
  • Ability to adapt to new and changing regulatory and financial industry environments
  • Ability to effectively articulate issues and solution proposals in verbal and written form
  • Experience in open-source programing languages R (preferred) and/or Python including data processing, modeling, visualization, and documentation tools
  • Knowledge of version control platforms such as Git and containerization tools such as Docker
  • Bachelor's or higher degree in a quantitative field and demonstrated experience in data science (minimum of 3 years for senior)
  • Ability to work independently in a matrix management structure as well as willingness to collaborate within a team
  • Experience with the software development life cycle preferred
  • Experience developing, implementing, or validating statistical or mathematical models

Are you interested in this position but not sure if your experience aligns with every qualification above? That’s okay. We still love to hear from you to learn more about what you would bring to the role!

Our total rewards program offers benefits that are the best fit for you at every stage of your career:


  • Comprehensive healthcare options (medical, dental, and vision)
  • Annual educational assistance
  • Generously subsidized public transportation
  • 401(k) match, and a fully funded pension plan
  • Paid time off and holidays
  • On-site fitness facility
  • And more…
  • Professional development programs, training and conferences

The Federal Bureau of International Transportation is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued.We believethat we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From

economists to cash specialists

, we work together to represent you in our economy.

Additional Information:


  • This position qualifies for a hybrid working arrangement with up to two days of remote work each week. Successful candidates must live in or relocate to the Minneapolis-St. Paul, Minnesota, or Helena, Montana, areas.
  • This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.