Data Scientist Assistant

Company

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland’s mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems while representing the Fourth District perspectives.

As part of the nation’s central bank, we are a team of mission-driven professionals who are committed to serving with excellence.

Our core values are: Build Trust Every Day, Own Our Actions, Collaborate with Intention, and Be Open to Change.

For twenty-six years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99.

This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

Follow us on LinkedIn, Twitter, Instagram, and our YouTube channel – Cleveland Fed

Essential Accountabilities

1.Develops predictive models using econometric modeling and data mining techniques (e.g., generalized linear models, classification trees, random forests, boosting, cluster analysis, factor analysis, shrinkage methods text mining and natural language processing) to measure, monitor and predict various measures of financial risk.

2.Develops machine learning, NLP and OCR business solutions using neural networks, deep learning, grammatical syntax structure, and pattern recognition

3.Contributes to analytic projects through all stages of development, including formulating concepts, developing and executing analysis plan, and reporting and presenting final research results.

4.Has programming skills to transform large and complex datasets in a manner that is suitable for analysis.

5.Visualizes and reports analytic findings using a variety of methods to promote understanding of key insights and actionable takeaways for both technical and non-technical audiences.

6.Delivers formal presentations, create analytical reports and executive summaries of findings.


* Performs other duties as assigned or requested.


* Adheres to the Bank's attendance policies through regular and prompt attendance.

Education and Experience



* Bachelor's degree in Mathematics, Statistics, Data Science, Economics with an emphasis on statistics


* 3+ years of related work experience


* Or Preferred - Master's degree in Mathematics, Statistics, Data Science, Economics with an emphasis on statistics


* 0-1 years of related work experience

Knowledge and Skills

Knowledge Areas - Intermediate Level


* Experienced in application of advanced quantitative techniques in Data Science, Statistics or other quantitative field


* Understanding of the technology landscape including open source, commercial on-premises, and cloud-based tools: Microsoft Cognitive Services, IBM Watson, IPSoft, Pega, Google Cloud Platform/Tensor Flow, Amazon Web Services/Sagemaker, PowerBI, SparkCognition, Expert System, Numenta, Deepmind, CognitiveSca...