Data Scientist III

Truist Financial Corporation; Charlotte (NC); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical, dental, vision

401k plan

Vacation & sick days

Paid holidays

Job summary

Truist Financial Corporation in Charlotte, NC seeks a Data Scientist III with strong analytical capabilities and card fraud strategy experience to identify emerging fraud patterns and build scalable risk controls. You will partner with Product, Operations, Technology and Fraud Strategy to deliver measurable business impact, communicate trends to senior stakeholders, and mentor teammates.

The role emphasizes risk management, platform initiatives, and adoption of advanced data science methods to

Qualifications

• Bachelor’s degree in Finance, Mathematics, Analytics, Data Science, Computer Science, or Engineering.
• Minimum of six years of related experience.
• In-depth knowledge of statistics, programming (Python, R, SAS), ML, model development and data visualization.
• Experience with fraud platforms and risk signals in banking/fintech.

Responsibilities

• Perform sophisticated data analytics on structured and unstructured data to identify actionable insights.
• Support end-to-end data science solution design, delivery, and measurable business outcomes.
• Extract and evaluate information from multiple sources and communicate findings to diverse audiences.
• Provide analytical consulting and strategic guidance to various business areas.
• Co-design scalable fraud controls and partner with cross-functional teams to implement solutions.

Skills

Data analytics

Statistical modeling

Communication to stakeholders

Fraud risk management

Cross-functional collaboration

Education

Bachelor’s degree in a quantitative field

Master’s degree or PhD (preferred)

Tools

Python

R

SAS

SQL

Hadoop

Spark

NoSQL

Job description

The position is described below. Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. 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: Seeking a highly motivated Data Scientist III with strong analytical capabilities and prior card fraud strategy experience. The role will leverage complex data, fraud platforms, and advanced analytics to identify emerging fraud patterns and new risk signals, develop and optimize fraud decisioning strategies, and balance fraud-loss mitigation with client experience. The Data Scientist will help turn risk intelligence into scalable fraud controls, partner across Product, Operations, Technology, and Fraud Strategy to deliver measurable business impact, and play a key role in major platform and strategic initiatives. The role will also communicate fraud trends and strategy performance to senior stakeholders and provide analytical and strategic guidance to less experienced teammates.

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.

• Perform sophisticated data analytics (encompassing data mining, inferential statistical analysis, and predictive analytics, for example) on structured and unstructured data. Identify actionable insights from various (or multiple) sources of data that measurably improve business outcomes or reduce business risk.
• Support new, ongoing, and strategic projects and take accountability and ownership of end-to-end data science solution design, technical delivery, and measurable business outcome.
• Extract and evaluate information gathered from multiple sources, resolve data conflicts and customize communication of key data findings, while providing recommendations to diverse audiences.
• Provide analytical consulting and thought leadership to various business areas and fosters strategic and positive relationship with business partners.
• Co-design the optimal solutions to solve the complex business problems with advanced data science capabilities to create business value. Emphasize reusability and scalability in all design, development, deployment and mentoring activities through implementing consistent coding standards and best practices, focusing on clarity of communication across stakeholder groups and maintaining rigorous documentation.
• Exercise sound judgment and foster 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; help with the overall risk management for the team.
• Actively research and advocate adoption of emerging methods and technologies in the data science field, with the eye of continually advancing Truist’s capabilities.

Qualifications Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s degree in a quantitative field such as Finance, Mathematics, Analytics, Data Science, Computer Science, or Engineering, or equivalent education and related training
• Minimum of six years of related experience
• Demonstrate domain expertise (SME) in one or more areas relevant to banking, financial services, fin-tech, quantitative risk management, and/or financial regulation; this will be demonstrated by several years of career progression in roles of increasing responsibility
• In-depth knowledge in practices, theories and methodologies associated with the professional discipline such as statistics, programming (such as Python, R, SAS, etc.), machine learning, model development, business information visualization, etc.
• Ability to maintain a high level of competency in statistical and analytical principles, tools, and techniques
• Working knowledge of Hadoop, Pig, Hive, and/or NoSQL, Spark
• Experience in managing multiple projects with tight deadlines in a collaborative environment

Preferred Qualifications:

• Master’s degree or PhD in a quantitative field such as Finance, Mathematics, Analytics, Data Science, Computer Science, or Engineering
• Ten years of relevant work experience if candidate lacks graduate degree
• Previous experience in the banking or fin-tech industry
• Experience working with data science workspace within Adobe Enterprise Platform
• Experience working with Graph Databases, graph query language, and related algorithms
• Experience analyzing fraud trends using large datasets, applying statistical techniques, SQL, and/or data‑science tools to identify anomalies, build rules, or evaluate model performance.
• Working experience with real-time fraud decisioning platforms, such as Falcon, Actimize, SAS Fraud Management, or similar machine‑learning–driven systems.
• Hands‑on expertise with fraud detection tools and data signals, including device intelligence, behavioral biometrics, consortium data, third‑party risk scoring, and velocity or link‑analysis tools.
• Proven ability to translate fraud risk requirements into actionable rules, model features, detection logic, or platform configurations.
• Strong understanding of payment ecosystems, including card network rules, issuer/acquirer authorization flows, chargeback lifecycle, and dispute management.
• Background in fraud strategy design, including rule optimization, model monitoring, and roadmap planning.
• Experience working with cross‑functional teams (Product, Engineering, Compliance, Operations) to implement fraud‑risk initiatives.

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 Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s 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