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Citizens: Sr Data Scientist


This is a Full-time position in Boston, MA posted February 21, 2021.

Citizens Financial Group, Inc.

(CFG) seeks a Senior Data Scientist for its Boston, MA location.

Duties: Analyze credit risk valuation models, correlations, concentrations, rating migrations, and risk contributions to support the development of industry risk assessment methodologies and quantitative techniques for credit risk exposures and structured products.

Develop econometric models built on solid conceptual foundation that supports all business needs and intuition.

Work with business line partners in embedding and socializing econometric models and support them with on-going requests for economic model enhancements.

Work with the independent model validation team to facilitate the approval of models following development.

Analyze portfolios on commercial lending side to identify data trends to support reserve, regulatory capital, loss forecasts under benign and stressed economic scenarios.

Maintain large data sets using advanced statistical/modeling tools and by pulling datasets directly from source systems.

Identify data quality issues and work with appropriate parties to resolve or remediate.

Maintain, review, and adhere to organizations credit policy; verifying the integrityof the underlying data; constant monitoring andvalidation of the underlying theories and methodologies.

Implement in-house developed models, and support implementation of third party vendor solutions for credit risk and other applications.

Participate in peer review sessions and maintain awareness of new advances in credit risk modeling techniques to ensure the application of best practices to CFG credit risk models.

Assure quality and leading-edge nature of work by helping to solve problems faced by others.

Explain to all stakeholders including model users and model validation all the rules and regulations related to ALLL and CCAR/ DFAST.

Utilize national and regional macroeconomic variables for model building with strong understanding of how these variables influence the credit events.

Direct applicants only.

Qualifications Requirements: Must have a Masters degree in Mathematics, Mathematical Finance or related field.

Must possess the following experience gained either through industry experience or graduate level academic studies: Utilizing relational database and statistical analysis programming language and software including STATA, SAS Enterprise Guide, SQL, R and Python to extract high volume and complex data from financial/banking Data Marts and perform related analysis; Developing predictive models by implementing advanced data analysis and research: time series analysis, regression analysis, categorical analysis, advanced econometric techniques related to panel data analysis, data imputation while demonstrating an understanding of the underlying mathematical principles behind these statistical methods and the ability to evaluate and interpret the results in a reasonable manner; Utilizing advanced statistical programming and visualization software, including STATA, R and Python to create complex reports/graphs for illustration of the analysis performed; Coding in unix environment, including automation of tasks using unix shell scripts; Utilizing Git version control system, including but not limited to branching and working with remote repositories; Utilization of Latex toprepare manuscripts and presentations; Knowledge of corporate finance, ability to read financial reports and understand the implication of financial ratios on credit risk of a company; Implementing complex computational methods and models using R; and Knowledge of tools such as debugging, unit testing to efficiently build and implement models.

Must have CFA Level I.

Why Work for Us At Citizens, you”ll find a customer-centric culture built around helping our customers and giving back to our local communities.

When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.

Equal Employment Opportunity It is the policy of Citizens to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, colleague or a dependents reproductive health decision making, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, genetic characteristic, citizenship, veteran or military status, marital or domestic partner status, family status/parenthood, victim of domestic violence, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer/Disabled/Veteran Citizens is a brand name of Citizens Bank, N.A.

and each of its respective Jobble