Data Scientist I - Fraud Reporting

Truist Financial; Charlotte (NC); On-site; USD 100,000 - 160,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k plan

Paid time off

Paid holidays

Disability insurance

Life insurance

Job summary

Truist Financial seeks a data scientist to perform sophisticated analytics—from econometrics to machine learning—on structured and unstructured data to drive business outcomes and minimize risk. You will build end-to-end analytics solutions, develop predictive models in Python/SAS/R, and create compelling visualizations for leadership to translate insights into strategy.

The role requires cross-team collaboration, strong communication, and adherence to data governance and responsible analytics

Qualifications

• Bachelor's degree in a quantitative field and 0–4+ years of experience.
• Solid understanding of statistics, including econometrics and time-series.
• Familiarity with linear algebra, calculus, and stochastic processes.
• Experience with data cleansing and preprocessing (regex, filtering, indexing).
• Data extraction experience (SQL, JQuery, etc.).
• Experience with Hadoop, Pig, Hive, Spark or NoSQL.
• Experience managing multiple projects with tight deadlines.

Responsibilities

• Perform advanced data analytics using econometrics and ML methods.
• Develop predictive analytics applications in Python/SAS/R.
• Create visualizations to communicate insights to stakeholders.
• Lead end-to-end analytics projects delivering measurable outcomes.
• Collaborate with cross-functional teams to define objectives.
• Ensure data governance and compliance in analytics initiatives.

Skills

Statistical methods

Machine learning

Data visualization

Stakeholder communication

Project management

Education

Bachelor's degree in a quantitative field

Masters or PhD preferred

Tools

Python

SAS

R

SQL

Hadoop

Spark

NoSQL

JQuery

Job description

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Perform sophisticated analytics (statistical and predictive analytics, machine learning modeling, etc.) to provide actionable insights that improve business outcomes and minimize risk and also provide consultation to business leaders and other stakeholders on how to leverage analytics insights and build strategies around analytics.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Independently perform sophisticated data analytics (ranging from classical econometrics to machine learning, neural networks, and natural language processing) in a variety of environments using structured and unstructured data.
• Produce compelling data visualizations to communicate insights and influence outcomes among a wide array of stakeholders.
• Take accountability and ownership of end-to-end data science solution design, technical delivery, and measurable business outcome.
• Engage in stakeholder meetings to identify business objectives and scope solution requirements.
• With minimal guidance, write, document, and deploy custom code in a variety of environments (Python, SAS, R, etc.) to create predictive analytics applications.
• Use, maintain, share and collaborate through Truist internal code repositories to foster continual learning and cross-pollination of skillsets.
• Actively research and advocate adoption of emerging methods and technologies in the data science field, with the eye of continually advancing Truists capabilities.
• Exercise sound judgment and fosters risk management culture throughout design, development, and deployment practices; partner with cross-functional teams to coordinate rules on data usage, data governance and analytics capabilities.

Required Qualifications:

• Bachelors degree and zero to four or more years of experience in a quantitative field such as Finance, Mathematics, Analytics, Data Science, Computer Science, or Engineering, or equivalent education and related training
• Exhibit understanding of statistical methods, including a broad understanding of classical statistics, probability theory, econometrics, time-series, and primary statistical tests
• Familiarity with linear algebra concepts for optimization, complex matrix operations, eigenvalue decompositions, and principal components; working knowledge of calculus/differential equations, with understanding of stochastic processes
• Demonstrate understanding of data cleansing and preparation methodologies, including regex, filtering, indexing, interpolation, and outlier treatment
• Strong familiarity with data extraction in a variety of environments (SQL, JQuery, etc.)
• Working knowledge of Hadoop, Pig, Hive, and/or NoSQL, Spark
• Experience in managing multiple projects with tight deadlines in a collaborative environment

Preferred Qualifications:

• Masters degree or PhD in a quantitative field such as Finance, Mathematics, Analytics, Data Science, Computer Science, or Engineering
• Four years of relevant work experience if candidate lacks graduate degree
• Previous experience in the banking or fin-tech industry

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truists generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truists defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work