Principal Data Scientist, Credit Risk Management
- Employer
- Capital One
- Location
- McLean, Virginia
- Closing date
- Aug 6, 2021
View more
- Industry
- Financial Services and Banking
- Function
- Finance
- Hours
- Full Time
Job Details
Principal Data Scientist, Credit Risk Management
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
Have you ever seen the headline in the news " Banks Pass Federal Reserve Stress Tests " and wondered how Capital One determines how much savings (or "capital") it needs? Or maybe how we analyze the potential impact of the next recession? At the heart of these questions are sophisticated econometric loss models that help us understand the ways in which the economy impacts our loan portfolios and guide strategic decision making at the highest levels of Capital One.
In the Credit Risk Management Modeling Team we blend cutting-edge quantitative methods with a deep understanding of our business, data, and regulatory environment to build predictive models for losses, account volumes and outstanding balances. These models drive key strategic decisions for loss allowances, stress testing, and capital allocation as well as informing our earnings calls and recession preparedness.
If this sounds interesting to you, join us! As a Data Scientist on the modeling team you'll be at the forefront helping us to usher in the next wave of disruption by using the latest technology to build & deploy machine learning models that leverage new data sources to provide powerful insights about our portfolio and growth opportunities. You will partner with best-in-class data scientists, analysts, and engineers to innovate solutions that directly impact the company's bottom line in a meaningful way. You will do it all in a collaborative environment that values your insight, encourages you to take on new responsibilities, promotes continuous learning, and rewards innovation.
Role Description
In this role, you will:
- Partner with a cross-functional team of data scientists, software engineers, and product managers to deliver a product customers love
- Leverage a broad stack of technologies - Python, Conda, AWS, H2O, Spark, and more - to reveal the insights hidden within huge volumes of numeric and textual data
- Build machine learning models through all phases of development, from design through training, evaluation, validation, and implementation
- Flex your interpersonal skills to translate the complexity of your work into tangible business goals
The Ideal Candidate is:
- Creative. You thrive on bringing definition to big, undefined problems. You love asking questions and pushing hard to find answers. You're not afraid to share a new idea.
- 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.
- A data guru. "Big data" doesn't phase you. You have the skills to retrieve, combine, and analyze data from a variety of sources and structures. You know understanding the data is often the key to great data science.
Basic Qualifications:
- Bachelor's Degree plus 5 years of experience in data analytics, or Master's Degree plus 3 years in data analytics, or PhD
- At least 1 year of experience in open source programming languages for large scale data analysis
- At least 1 year of experience with machine learning
- At least 1 year of experience with relational databases
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)
- Experience with data science within the a consulting company
- At least 1 year of experience working with AWS
- At least 3 years' experience in Python, Scala, or R
- At least 3 years' experience with machine learning
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
Company
We Don’t Only Think Big Things—At Capital One, We Do Big Things.
You’re dedicated to your career. You deserve professional satisfaction and personal fulfillment. You belong at Capital One.
Here, every day brings another chance to do impactful work that matters: helping millions of customers confidently manage their money, building stronger communities and delivering truly disruptive tech. You’ll give your all alongside some of the brightest, most resilient people in the industry—and in return, you’ll enjoy the growth opportunities, support, flexibility and benefits you need for an exhilarating life both on and off the job.
Be inspired. Be yourself. That’s #LifeAtCapitalOne.
Creating a Culture of Belonging
At Capital One, we value diversity, inclusion and belonging at our core. We’re building a place of belonging—where everyone can feel seen, heard, valued and free to be their authentic selves. We want to be a place of opportunity—where associates from all backgrounds innovate for our customers and communities, and build meaningful, fulfilling careers.
We endeavor to be a welcoming and inspiring place for all. We seek and embrace diversity. And we’re committed to having a diverse and inclusive workforce, focused on increasing the representation of underrepresented groups, strengthening our culture of inclusion and belonging and harnessing our scale to invest in our communities.
We’re focused on three core principles to advance diversity, inclusion and belonging across Capital One:
Create a culture of belonging where everyone can thrive and innovate
Attract and develop talent from all backgrounds and experiences
Ensure our systems and programs promote fairness and equity
Get a career with more at Capital One. Discover it for yourself today.
Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, sexual orientation, gender identity, protected veteran status, disability or other protected status.
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