Data Scientist

Fifth Third Bank; Cincinnati (OH); On-site; USD 110,000 - 135,000; Full time

Job summary

Fifth Third Bank in Cincinnati, OH is seeking a Data Scientist to perform data analysis, statistical modeling, and algorithm development on structured and unstructured data for on-demand use. You will drive insights to support profitable business decisions and work with stakeholders to translate needs into analytics solutions.

The role emphasizes risk-aware analysis, effective communication, and ad hoc reporting to support multiple lines of business.

Qualifications

• Bachelor’s degree in statistics, economics, analytics, mathematics, computer science, information technology or related field.
• Advanced degrees preferred but not required.
• Typically requires 4–5 years of work experience.
• Database and analytical experience is required.
• Strong communication and organizational skills.

Responsibilities

• Build large and complex information sets from structured and unstructured data.
• Conduct advanced analytics using predictive modeling, ML, simulation and optimization.
• Develop analyses and algorithms to generate actionable insights and revenue-growth.
• Partner with stakeholders to translate business needs into analytics solutions.
• Communicate strategy and measurable objectives clearly to teams.
• Design experiments, source data, apply methods, and deliver reliable results.
• Provide ad hoc reporting and analytics for various lines of business.
• Contribute to detailed project plans and timelines.

Skills

Database experience

Analytical thinking

Communication skills

Time management

Independent & self-motivated

Microsoft Office proficiency

Education

Bachelor's in Statistics / Economics / Analytics / Math / CS / IT

Advanced degree preferred

Job description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION:

The Data Scientist will perform data analysis, statistical analysis, and develop algorithms and methodologies on structured and unstructured data for on-demand and software-embedded use. Manage key analyses to drive more profitable business decisions. Focus on providing value-added analysis and recommendations to support business growth.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Build large and complex information sets; Integrates and extracts relevant information from large amounts of both structured and unstructured data (internal and external) to enable analytical solutions.
• Conducts advanced analytics leveraging predictive modeling, machine learning, simulation, optimization and other techniques to deliver insights or develop analytical solutions to achieve business objectives.
• Develop and manage and develop analyses and algorithms that generate actionable insights and programs to improve long-term revenue and relevance.
• Partner with key stakeholders to understand the underlying needs of the business and formulate, communicate and create buy-in for analytics approaches and solutions.
• Effective communicate and translate business strategy and goals into manageable problems with well-defined measurable objectives and outcomes.
• Transform formulated problems into implementations plans for experiments by developing data sources, applying/creating the appropriate methods, algorithms, and tools, as well as delivering statistically valid and reliable results.
• Ad hoc reporting and analytics to support requests from the Bank's various lines of business.
• Provides input into the creation of detailed project plans, work assignments, target dates and other aspects of assigned projects.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Bachelor's degree in Statistics, Economics, Analytics, Mathematics, Computer Science, Information Technology or related field. Advanced degrees preferred, but not required.
• Typically requires minimum of 4-5 years work experience.
• Database and analytical experience required.
• Excellent written and oral communications skills.
• Ability to effectively manage time.
• Independent and highly self-motivated.
• Ability to communicate effectively.
• Strong PC skills including Microsoft Office (Word, Excel, Access, PowerPoint).

Data Scientist

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.