Manager, Data Science

** Job Overview*
* Pen Fed is hiring a (Hybrid) Manager, Data Science at our Tysons, Virginia location. The primary purpose of this job is to oversee the development and monitoring of credit risk models for loan originations, risk-adjusted pricing and portfolio management. The incumbent will manage a small team of data scientists, ensure quality of deliverables, and coordinate with business partners to align modeling solutions with organizational objectives.

** Responsibilities*
* Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

+ Provide leadership and management in developing and implementing programs, policies, and procedures to ensure mission and core values are implemented.

+ Independently develop statistical models and scorecards used in credit underwriting, loan pricing, collection, and portfolio risk monitoring.

+ Work closely with business partners and be able to translate business problem to statistical problems and leverage machine learning technology to solve business problem.

+ Independently lead the effort for any ad hoc analysis and deep dive to understand the business drivers of creation trends.

+ Monitor performance of quantitative models and support independent model validation efforts in accordance with the model governance policy.

+ Participate in identification, measurement, and monitoring of credit risk as it relates to Merger and Acquisition (M&A), loan purchases and participation, and other new business strategies.

+ Improve risk identification, measurements and management with respect to credit risk modeling activities.

+ Maintain an efficient and controlled infrastructure for model development, documentation, implementation, and validation.

+ Promote innovative ways to visualize and digest complex data.

+ Work collaboratively with different teams and function to drive efficiency for the organization.

** Qualifications*
* Equivalent combination of education and experience is considered.

+ Master's Degree in quantitative discipline is required. PHD is highly preferred.

+ Minimum of eight (8) years of related work experience in building statistical models and advanced data analysis.

+ Minimum of three (3) years of experience as a supervisor / assistant manager required.

+ Applied experience with Logistic Regression, Linear Regression, Machine Leaning, and Survival Analysis required.

+ Advanced programming skills to include knowledge of statistical programs (e.g. SQL, Python, and R) required.

+ Experience in building risk, revenue and targeting models for consumer products is required.

+ Ability to manage multiple projects simultaneously and implement rapid changes in project direction.

+ Demonstrate strong data analysis skills, ability to understand underlying data and complex loss/balance forecasting models, various product features, possess organizational and prioritization skills, as well as strong attention to detail.

+ Detail oriented, results driven, and the ability to navigate in a quickly changing and high demand environment to develop solutions while balancing multiple priorities.

+ Critical thinking using both analytical and tactical approach to problem solving within the Quantitative Modeling team is required.

+ Ability to interact effectively with team members across the management team, Lines of Business (LOB), credit officers, finance, model governance, oversight, validation, and audit organizations.

+ Proven project management skills.

+ Excellent oral and written communication skills required.

** Supervisory Responsibility*
* This position will supervise employees.

** Licenses and Certifications*
* There are no additional certifications required.

** Work Environment*
* While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

* Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.
* ** Travel*
* Ability to travel to various worksites and be on-call is required.

** Pay Transparency*
* The anticipated starting salary range for this role is $97,400.00 - $

This position is eligible for an organizational performance based annual bonus, subject to board discretion and approval.

This position is eligible for an individual performance based annual bonus.

LI-Hybrid

** Benefits*
* At Pen Fed, we offer a robust benefits package designed…