Lead Data Scientist - Regulatory Reporting & Data Testing

Truist Bank; Charlotte (NC); On-site; USD 130,000 - 140,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

401(k) plan with company match

Paid vacation and sick days

Job summary

Truist Financial Corporation is seeking a Senior Data Scientist to perform advanced analytics and build ML models that drive business outcomes and risk reduction.

You will partner with leaders across functions to translate insights into strategy, mentor junior analysts, and lead data science initiatives in a regulated financial services environment. Strong collaboration and communication are essential.

Qualifications

• Bachelor’s degree in a quantitative field (Finance, Maths, Analytics, CS, Engineering) or equivalent training.
• Six years of related experience in data analytics or data science.
• Demonstrated SME in banking/financial services or risk management domains.
• Strong knowledge of statistics, ML, model development, and data visualization.
• Working knowledge of big data tools (Hadoop, Pig, Hive, Spark, NoSQL).
• Experience managing multiple projects and leading teams.

Responsibilities

• Perform sophisticated analytics (statistical, predictive, ML) to deliver actionable insights and business impact.
• Own end-to-end data science solutions from design to deployment.
• Provide analytical consultation to leadership and partners across functions.
• Co-design solutions with advanced data science to create business value.
• Mentor junior teammates and coordinate cross-functional analytics initiatives.
• Lead hiring, onboarding, and coaching of new team members.

Skills

Statistical analysis

Machine learning

Data visualization

Cross-functional collaboration

Project leadership

Education

Bachelor’s degree in a quantitative field

Master’s degree or PhD preferred

Tools

Python

R

SAS

Spark

Hadoop

Pig

Hive

NoSQL

Job description

ESSENTIAL DUTIES AND RESPONSIBILITIES

Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America)

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.

• 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.
• Take accountability and ownership of end-to-end data science solution design, technical delivery, and measurable business outcome.
• 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.
• Manage engagement in various analytics initiatives across the team, lead junior teammates, and partner with cross-functional teams.
• Act first to learn and adopt new analytical capabilities and keeps advancing home-grown solutions towards industry leading benchmark.
• Exercise sound judgment and foster risk management culture throughout design, development, and deployment practices; partners with cross-functional teams to coordinate rules on data usage, data governance and analytics capabilities; helpwith overall risk management for the team.
• Actively mentor and guide junior teammates in order to create an inclusive and energizing environment that empowers teammates to learn, grow and have meaningful careers.
• Drive overall team standards and take a leading role in hiring, onboarding and continuously coaching new teammates.

QUALIFICATIONS

Required Qualifications:

• Bachelor’s degree in a quantitative field such as Finance, Mathematics, Analytics, Data Science, Computer Science, or Engineering, or equivalent education and related training
• 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.
• Working knowledge of Hadoop, Pig, Hive, and/or NoSQL, Spark
• Experience in managing multiple projects with tight deadlines and/or leading teams

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
• Regulatory Reporting (FFIEC 031, FR Y-9C, FR Y-14, FR 2052a)
• Data Lineage & Data Traceability

Salary

To comply with the Virginia pay transparency statute and for work locations in Virginia only, the annual base salary for this position is $130,000-$140,000.

OTHER JOB REQUIREMENTS / WORKING CONDITIONS

• Sitting Constantly (More than 50% of the time)
• Visual / Audio / Speaking Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
• Manual Dexterity / Keyboarding Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
• Availability Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
• Travel Minimal and up to 10%

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 About Truist Truist is a purpose-driven financial services company, formed by the historic merger of equals of BB&T and SunTrust. We serve clients in a number of high-growth markets in the country, offering a wide range of financial services. At Truist, our purpose is to inspire and build better lives and communities. That happens through real care to make things better. To meet client needs, to empower teammates, and to lift up communities. Learn more about Truist on truist.com.