Principal Associate, Data Scientist - Deposit Forecasting and Pricing

Principal Associate, Data Scientist - Deposit Forecasting and Pricing

Data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit card offer using statistical modeling and the relational database, cutting edge technology in 1988! Fast-forward a few years, and this little innovation and our passion for data has skyrocketed us to a Fortune 200 company and a leader in the world of data-driven decision-making.

As a Data Scientist at Capital One, you'll be part of a team that's leading the next wave of disruption at a whole new scale, using the latest in computing and machine learning technologies and operating across billions of customer records to unlock the big opportunities that help everyday people save money, time and agony in their financial lives.

Team Description

As a Data Scientist at the Retail and Direct Bank, you'll be part of a high performing modeling and analytics team that is on a mission to define the next generation of banking. The Bank team has a relentless focus on the craft of statistical modeling and innovation with a target towards continually improving decision making and delivering value to the business.

Role Description

This role offers a unique opportunity to be part of a dynamic analytics and modeling team focused on developing behavior models for balance sheet portfolios. We are currently looking for candidates with strong modeling and analytical skills. This position will work with other quantitative analysts, data scientists, and the business analysts in developing and enhancing the deposit modeling framework to support multiple business purposes in Capital One.

Responsibilities and Skills:

* Develop and support econometric time-series models for the balance sheet

* Identify opportunities to apply quantitative methods to improve business performance

* Demonstrate track record in behavior model development

* Ability to clearly communicate models and methods to management, model risk office, regulators and other modelers

* Develop and maintain high quality and transparent documentation

The Ideal Candidate is:

* Customer first. You love the process of analyzing and creating, but also share our passion to do the right thing. You know at the end of the day it's about making the right decision for our customers.

* Innovative. You continually research and evaluate emerging technologies. You stay current on published state-of-the-art methods, technologies, and applications and seek out opportunities to apply them.

* Technical. You're comfortable with open-source languages and are passionate about developing further. You have hands-on experience developing data science solutions using open-source tools and cloud computing platforms.

* Statistically-minded. You've built models, validated them, and backtested them. You know how to interpret a confusion matrix or a ROC curve. You have experience with clustering, classification, sentiment analysis, time series, and deep learning.

Basic Qualifications:

* Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date:

* A Bachelor's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) plus 5 years of experience performing data analytics

* A Master's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) or an MBA with a quantitative concentration plus 3 years of experience performing data analytics

* A PhD in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field)

Preferred Qualifications:

* Master's Degree in "STEM" field (Science, Technology, Engineering, or Mathematics) plus 3 years of experience in data analytics, or PhD in "STEM" field (Science, Technology, Engineering, or Mathematics)

* At least 1 year of experience working with AWS

* At least 3 years' experience in Python

* At least 3 years' experience with machine learning

* At least 3 years' experience with SQL

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $161,800 - $184,600 for Princ Associate, Data Science

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at…