Banking Quant & ML Modeler: Risk Analytics & AI

Columbia Bank; Lake Oswego (OR); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Health insurance

401(k) retirement plan

Paid vacation and holidays

Tuition assistance

Mental health resources

Identity theft protection

Job summary

Columbia Bank is seeking a data scientist/quantitative risk analyst to design, validate, and monitor financial and AI-enabled models across the bank. You will work on default, loss, fraud detection, credit risk, AML, asset liability management, and model monitoring, partnering with stakeholders to ensure regulatory alignment and business value.

Experience in Python, PySpark, SQL, and cloud platforms (Azure/AWS/Databricks/Snowflake) is required, with advanced statistical and econometric methods.

Qualifications

• Master's degree in economics, mathematics, statistics, financial engineering, quantitative finance, or actuarial sciences.
• Ph.D. or equivalent experience required; formal degree preferred for senior roles.
• Experience in banking or financial services as Data Scientist, Statistician, Quantitative Risk Analyst, or similar.

Responsibilities

• Develop, validate, and monitor models for risk and AI applications.
• Collaborate with stakeholders to ensure regulatory alignment and business value.
• Prepare reports for senior management and regulators.

Skills

Statistical modeling

Econometrics

Python

PySpark

SQL

Communication skills

Problem solving

Project management

Education

Master's degree in economics/math

PhD preferred

FRM/CFA/CQF desired

Tools

Databricks

Snowflake

Azure

AWS

Job description

Columbia Bank is seeking a data scientist/quantitative risk analyst to design, validate, and monitor financial and AI-enabled models across the bank. You will work on default, loss, fraud detection, credit risk, AML, asset liability management, and model monitoring, partnering with stakeholders to ensure regulatory alignment and business value.

Experience in Python, PySpark, SQL, and cloud platforms (Azure/AWS/Databricks/Snowflake) is required, with advanced statistical and econometric methods.