Senior Data Scientist

CompanyFederal Reserve Bank of Chicago

The Senior Data Scientist at the Federal Reserve Bank of Chicago supports the research of staff economists and policy professionals. This position is considered advanced level and performs work of moderate to high complexity. The work is completed under general supervision and largely autonomously.

Note: Applicants should submit:

• Cover letter
• Resume
• Undergraduate and graduate transcripts (unofficial is acceptable)

 Your Responsibilities

• Obtains and prepares datasets and manages databases from internal and external sources.
• Designs and executes statistical models and algorithms and prepares output, including visualizations.
• Supports development and use of cutting-edge tools including machine learning models and other advanced analytic techniques.
• Communicates results and insights in a clear and concise manner to both technical and non-technical audiences.
• Collaborates with staff to understand business needs for advanced analytics.

Your Background

Education and Experience

• Bachelor's degree in a related field, or commensurate specialized training, certification, or work experience.
• Minimum three years of work experience.

Knowledge and Skills

• Advanced proficiency in coding and experience in several programming languages.
• Advanced knowledge and understanding in statistical modeling and data analysis techniques, platforms, and software.
• Advanced analytical and problem-solving skills.
• Advanced knowledge of cloud data platforms, technologies, frameworks, and solutions.
• Excellent verbal and written communication skills.

What We Offer

• Comprehensive benefits package including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
• A continuous learning environment with opportunities to gain new skills and grow your career 

Additional Requirements: 

• This is a hybrid position requiring a minimum of two days per week in office. 

• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. 

• This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well. 

• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary. 

• This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require. 

The expected starting salary range for this position is between 130,900 to 154,800 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant’s relevant experience, skills, internal equity, and alignment with geographic and other market data.

The Chicago Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.chicagofed.org/careers/thebenefits 

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status. 

Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels. 

Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)Yes

Job CategoryInformation Technology

Work ShiftFirst (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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