Data Scientist / Senior Data Scientist

Company

Federal Reserve Bank of Atlanta

Under general supervision, leads and participates in on- and off-site reviews of the development, use and validation of models, related quantitative risk management practices and governance at bank holding companies (BHCs) and presents findings to those companies and Federal Reserve management.

Contributes to building perspectives on industry modeling approaches for a variety of business problems.

Actively participates in Federal Reserve System reviews of regulated firms’ capital adequacy (e.g.

CCAR, DFAST, stress testing) and conducts additional quantitative analysis related to capital adequacy processes of large BHCs, including the analysis of loss estimation and pre-provision net revenue methodologies.

Serves as an internal consultant to examination staff, Department officers, and Reserve Bank management and assists in the execution of Bank supervision and regulatory policy.

Onsite Work Expectation: The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person.

Onsite work is an essential function of this position, and you are required to be onsite according to the schedule set by your management.

Participates in examinations, inspections, and perform analyses of complex BHCs’ use of quantitative techniques in various risk management activities including credit risk, market risk, liquidity risk, operational risk, and capital allocation.

Assists with model risks and model risk management frameworks at large banks and BHCs to determine compliance with supervisory expectations; review and evaluate the adequacy and effectiveness of advanced risk management systems and quantification methodologies used to measure, report, mitigate and control risks, including the assessment of formal and informal risk models; review and evaluate the effectiveness of management, policies and procedures, risk exposure reporting, internal controls, and compliance with laws and regulations.

Participates in efforts to critically evaluate model implementations across firms, including evaluation of underlying model construction, assumptions and data constraints, and provide assessments of the quality of the overall methodologies that are currently in use or under consideration for adoption at the supervised institutions.

Develops and recommends appropriate supervisory actions to ensure sound risk management practices.

Prepares clear and concise written summaries, workpapers, supervisory documents, as well as, coordinates and leads meetings with senior bank management regarding the BHC’s modeling processes to better understand, assess, and provide feedback on specific issues that require remediation.

Performs and participates in Federal Reserve System initiatives related to the assessment of advanced risk management frameworks, including but not limited to internal capital adequacy processes and specialized ...