KeyBank

Financial Crimes - Senior Data Scientist

KeyBank$94K — $175K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's or Ph.D. in quantitative field with 3+ years experience in AML/BSA or fraud analytics; 4 years with bachelor's
  • Expertise in traditional and ML/AI modeling practices
  • Hands-on experience coding with SAS and/or Python
  • Familiarity with traditional databases and cloud computing
  • Knowledge of financial crime regulatory standards
  • Strong communication skills for translating technical data to non-technical audiences

Responsibilities

  • Conduct quantitative modeling and analytics for financial crime compliance under manager's guidance
  • Research and evaluate large datasets to assess quality for model building
  • Develop and maintain internal models while testing vendor solutions
  • Document model development processes and outcomes for validation
  • Drive model improvement initiatives to enhance effectiveness and reduce false positives
  • Build technical skills and collaborate with compliance and risk partners

Benefits

  • Eligible for short-term and deferred incentive compensation
  • Comprehensive benefits package including health and wellness options
  • Opportunities for professional development and skills advancement
  • Inclusive work environment fostering diversity in the workplace
Full Job Description
Location:
4910 Tiedeman Road, Brooklyn Ohio

ABOUT THE JOB (JOB BRIEF)

Under manager's supervision, the Senior Data Scientist is primarily responsible for conducting quantitative modeling and analytics of financial crimes. Leveraging both current and emerging technologies and applications, this role covers all key aspects of model development and analytics, i.e. data identification and gathering, methodology/technique selection, performance assessment, documentation, and ongoing monitoring.

ESSENTIAL JOB FUNCTIONS

  • Under manager's oversight, perform a broad range of quantitative works, including model development and ad hoc analytics to address financial crime compliance needs in AML/BSA/OFAC
  • Research, compile and evaluate large sets of data to assess quality and determine suitability for model building
  • Develop/maintain internal models and test/configure vendor solutions to ensure conceptually sound design, proper implementation, and acceptable model performance
  • Document model development process and outcomes properly and support model validation and review
  • Employ innovative techniques to drive continuous improvements in model effectiveness and efficiency, e.g. reducing false positives
  • Proactively develop and build technical skills and business knowledge; and effectively collaborate with compliance, technology, and risk partners


REQUIRED QUALIFICATIONS

  • Master's or Ph.D. degree in statistics, mathematics, economics, computer science, data sciences, predictive modeling, or other quantitative disciplines and at least 3 years of relevant experience, preferred in AML/BSA, OFAC, or fraud modeling/analytics; 4 years with bachelor's degree
  • Solid expertise with both traditional and Machine Learning (ML)/Artificial Intelligence (AI) modeling practice and solutions
  • Hands-on work experience with statistical coding in SAS and/or Python
  • Knowledge of and ability to leverage traditional databases, cloud-based computing, and distribution computing
  • Knowledge of financial crime regulatory requirements, technology, and data analysis best practices
  • Excellent verbal, written and visual communication skills; ability to translate technical observations to a non-technical audience


Candidates must be located in or willing to relocate to Cleveland, OH or Buffalo, NY

COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $94,000.00 - $175,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 08/09/2026

About KeyBank

Shockingly, nearly 9-in-10 people who get their real estate license in America fail. We're solving that problem; And doing it while increasing profitability for the brokerage. Through technology, business automation, and a team approach we have created a system where agents focus solely on working with clients and closing deals.

KeyBank Careers

Joining KeyBank means stepping into a world of professional growth and innovation, where job opportunities abound in an environment that values leadership, diversity, and forward-thinking. As a member of our team, you will be part of a company that's committed to empowering your career journey while contributing to the financial wellness of our communities.

Work You'll Do

At KeyBank, we're not just in the business of banking; we're in the business of helping individuals and communities thrive. By joining our team, you will have the chance to be part of a culture that celebrates diversity and fosters leadership and professional development. Whether you're looking for a position in customer service, IT, finance, or management, KeyBank offers a variety of roles suited to your skills and career aspirations.

Innovate and Lead

KeyBank stands at the intersection of finance and innovation. Our employees are encouraged to lead with creativity and integrity, driving solutions that make a real difference. With a focus on digital transformation and sustainable growth, your work at KeyBank will challenge the status quo and encourage you to explore new ideas.

Grow Your Career

Career growth at KeyBank is not just a possibility—it's a priority. We are dedicated to your professional development through comprehensive training programs, leadership workshops, and continuous learning opportunities. Our commitment to your growth is matched by our dedication to inclusion, ensuring all voices are heard and valued.

Be Part of a Great Team

Our team at KeyBank is our strongest asset. We believe in using our collective skills to foster an environment of innovation and collaboration. Join us and connect with colleagues who are just as passionate and driven as you are. Through teamwork, we achieve exceptional results and push the boundaries of what's possible in the banking sector.

Internship and Employment Opportunities

For those starting their careers, KeyBank offers robust internship and employment opportunities that provide a solid foundation in the financial industry. Interns at KeyBank gain hands-on experience, beneficial networking connections, and insights into our day-to-day operations, setting the stage for a successful career.

Benefits and Culture

KeyBank is committed to offering benefits that enhance your life and well-being. From healthcare to retirement plans, and flexible working conditions, we ensure our employees are well taken care of. More than just benefits, our company culture is built on respect, integrity, and accountability—values that guide us in making a positive impact on our clients and communities.

Join Our Team

Explore the job opportunities at KeyBank and find the right fit for your skills and interests. We are continuously hiring and looking for individuals who are curious, innovative, and ready to make a difference. Prepare your resume, ace your interview, and join a team that's dedicated to your success and to transforming the landscape of banking.

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Join KeyBank and be part of a company where your career is as important to us as it is to you. Together, let's unlock opportunities for growth, innovation, and meaningful impact in the financial world.
Learn more about KeyBank
Size
17,110 employees
Market Cap
$16 billion
Industry
Net Income
$1.3 billion
Founded
1825
5 Year Trend
+5.6%
NASDAQ

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