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.