Principal Data Scientist, Quantitative Analysis and Strategy

BMO Financial Group; Toronto; On-site; CAD 103,000 - 192,000; Full time

Job summary

A leading financial institution in Canada is seeking a Data Scientist to leverage advanced analytics and machine learning to enhance business decisions and customer experiences. The ideal candidate will have a PhD in a quantitative field and extensive experience in machine learning and big data technologies. This role offers competitive salary and comprehensive benefits, inclusive of health insurance and performance-based incentives.

Benefits

Health insurance

Tuition reimbursement

Retirement savings plans

Discretionary bonuses

Qualifications

• 5+ years of data science experience.
• In-depth knowledge in machine learning and deep learning models.
• Experience with GenAI LLM models.

Responsibilities

• Use advanced analytics to obtain insights from data.
• Develop predictive models and solutions for decision making.
• Collaborate with teams to optimize analytics solutions.

Skills

Machine learning

Deep learning

Data visualization

Collaboration

Problem solving

Data-driven decision making

Communication skills

Education

PhD in Data Science or related field

Tools

TensorFlow

PyTorch

Power BI

AWS

Azure

Job description

Overview

Application Deadline:

Address:

100 King Street West

Job Family Group:

Data Analytics & Reporting

Responsibilities

• Uses advanced analytical algorithms and technologies (e.g. machine learning, deep learning, artificial intelligence) to mine and analyze large sets of structured and unstructured data to obtain insights.
• Designs and constructs new processes for modeling data.
• Develops predictive models and leverages big data technology to design solutions that deliver smarter business decisions, improve customer experience, and drive productivity.
• Collaborates with other data and analytics professionals and teams to optimize, refine and scale analysis into mature analytics solutions.
• Plays an active role in the futuristic display of data, and advancement of innovative data strategies to understand consumer trends and address business problems.
• Collaborates with the product team and partners to understand and provide data-driven decision making, business planning and future roadmap.
• Collaborates with data scientists and other stakeholders to understand data and modeling needs and develop solutions that meet those needs.
• Designs, builds, and maintains large-scale data pipelines for reporting, analysis and machine learning/deep learning models.
• Conducts large-scale analysis of information to discover patterns and trends by combining different modules and algorithms.
• Develops machine learning/deep learning models. Investigates additional technologies and tools for developing innovative data solutions for business stakeholders.
• Uses analysis to provide recommendations and advice for business leaders to maintain to maintain market competitiveness.
• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
• Ensures alignment between values and behaviours that fosters diversity and inclusion.
• Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.

Qualifications

Advanced level of proficiency:

• Advanced degree (PhD preferred) in Data Science, Statistics, Applied Mathematics, Economics, or related quantitative field.
• 5+ years of data science experience.
• In-depth knowledge in machine learning and deep learning models, such as but not limited to, XGBoosting, LSTM and LLM etc.
• Data visualization and polished communication skills.
• Self-driven problem solver; able to adapt and thrive in a dynamic, ambiguous, and customer-focused environment.
• Highly analytical, technically proficient, and able to learn new tools and ML models quickly.
• Trust, bias and ethics.
• Collaboration & team skills; with a focus on cross-group collaboration.
• Able to manage ambiguity.
• Data driven decision making.
• Experience with GenAI LLM models
• Experience with MLOps, building workflows for model retraining, monitoring and deploying
• Experience with ML frameworks such as TensorFlow, PyTorch
• Experience with cloud-based data platforms such as AWS or Azure
• Experience with data visualization tools such as Power BI

Salary and Benefits

Salary: $103,200.00 - $192,000.00

Pay Type: Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at Total-Rewards

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.