Data Scientist

Essential Functions

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.

• Lead interaction with and advising Management of regarding credit risk issues; formulates product

strategy recommendations and evaluates the risk in the overall loan portfolio.

• Conduct autonomous end-to-end more complex statistical model creation, including but not limited

to identifying objectives, compiling data, sampling/prepping data, feature selection, model

comparison/selection, deployment, and monitoring. Ensures adequate internal control processes

around model development, implementation and validation are established.

• Develop, monitor, and maintain risk models using advanced machine learning and statistical

method. Research and recommend new approaches/algorithms to identify relationships among

complex data and implements model changes to improve model performance.

• Understand the trends within consumer and commercial loans portfolio, their impact on model

implementation design and performance, and develop timely approach to address changes; Develop

necessary analytics and processes during model implementation and forecasting process to provide

production support and resolution.

• Establish consistent and robust model implementation processes across models with effective

review and controls.

• Communicate design and results of model’s development and implementation to a variety of

audiences, including senior management, bank supervisors, internal validation, Internal Audit and

line of business credit and finance end users.

• Apply intermediate to advanced knowledge of financial processes and procedures, and routine

modeling theories and techniques to create effective modeling solutions for a single or multiple

business functions.

• Maintain documentation for key processes and model components across the team with focus on

standardization of processes; Engage model development teams, model production, and

forecasting/model production team/users to develop consistent model implementation and process

capabilities.

• Participate in regular interactions with various stakeholders to enhance model implementation

processes and translate requirements into integrated forecasting process/tools for effective

consumption.

• Assist management with maintaining PenFed’s compliance with all applicable federal, state, and

local laws, regulations, and ordinances by abiding by PenFed compliance program and all policies,

procedures, rules, and regulations.