Senior Data Scientist

Pentagon Federal Credit Union - McLean, VA

Full-time - Senior

McLean, VA

10,001+ employees

Credit Intermediation and Related Activities

About the position

The Senior Data Scientist at PenFed is responsible for developing and implementing advanced analytics solutions to minimize risks within the organization. This role involves collaborating with cross-functional teams to create, validate, and monitor quantitative risk models, ensuring alignment with market dynamics and regulatory requirements. The position requires a strong emphasis on statistical modeling and machine learning, with a focus on credit loss estimation and compliance with applicable laws.

Responsibilities

• Conduct autonomous end-to-end statistical model development, including identifying objectives, compiling data, and monitoring models.
• Develop, monitor, and maintain risk models using advanced machine learning and statistical methodologies.
• Research and recommend new approaches to identify relationships among complex data and implement model changes.
• Drive the refinement of credit loss estimation models for loan portfolios to support critical functions such as ACL and CECL.
• Establish standardized documentation processes and consistent model implementation practices across the team.
• Communicate effectively with senior management, regulators, and stakeholders regarding model development and implementation.
• Assist management in maintaining compliance with all applicable laws and regulations.

Requirements

• Ph.D. or master's degree in a quantitative discipline with a focus on statistical modeling or data science.
• Minimum of four years of relevant work experience in building statistical models and leading data science initiatives in financial services.
• CCAR/CECL modeling experience is required.
• Applied experience with statistical/econometric modeling methods, including regression-based methods and time series analysis.
• Advanced programming skills in SQL, Python, R, and SAS, with experience in advanced analytics tools.
• Proven ability to manage multiple projects simultaneously and deliver high-quality results within tight timelines.
• Excellent oral and written communication skills to convey complex concepts to diverse audiences.
• Strong data analysis skills, attention to detail, and critical thinking abilities.

Benefits

• Robust medical, dental, and vision plan options
• Plenty of paid time off
• 401k with employer match
• On-site fitness facilities at larger locations