Bank of Montreal

Principal Data Scientist

Bank of Montreal$103K — $192K *
Information Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • PhD preferred in Data Science, Statistics, Applied Mathematics, Economics, or related field
  • 5+ years of data science experience
  • Expertise in machine learning and deep learning models
  • Strong data visualization and communication skills
  • Self-driven problem solver with adaptability in dynamic environments
  • Experience with GenAI LLM models
  • Familiarity with MLOps and cloud-based data platforms

Responsibilities

  • Utilize advanced algorithms to analyze large data sets
  • Collaborate with product teams for data-driven decision-making
  • Develop and maintain large-scale data pipelines
  • Conduct comprehensive analyses to identify trends
  • Create and implement machine learning/deep learning models
  • Provide strategic recommendations to business leaders
  • Champion a culture of diversity and inclusion

Benefits

  • Health insurance
  • Tuition reimbursement
  • Accident and life insurance
  • Retirement savings plans
  • Performance-based incentives and bonuses
Full Job Description

Application Deadline:

Address:

100 King Street West

Job Family Group:

Data Analytics & Reporting

Uses advanced analytical algorithms and technologies (e.g. machine learning, deep learning, artificial intelligence) to mine and analyze large sets of structured and unstructured data to obtain insights. Designs and constructs new processes for modeling data. Develops predictive models and leverages big data technology to design solutions that deliver smarter business decisions, improve customer experience, and drive productivity. Collaborates with other data and analytics professionals and teams to optimize, refine and scale analysis into mature analytics solutions.

  • Plays an active role in the futuristic display of data, and advancement of innovative data strategies to understand consumer trends and address business problems.
  • Collaborates with the product team and partners to understand and provide data-driven decision making, business planning and future roadmap.
  • Collaborates with data scientists and other stakeholders to understand data and modeling needs and develop solutions that meet those needs.
  • Designs, builds, and maintains large-scale data pipelines for reporting, analysis and machine leaning/deep leaning models.
  • Conducts large-scale analysis of information to discover patterns and trends by combining different modules and algorithms.
  • Develops machine learning/deep learning models. Investigates additional technologies and tools for developing innovative data solutions for business stakeholders.
  • Uses analysis to provide recommendations and advice for business leaders to maintain to maintain market competitiveness.
  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
  • Ensures alignment between values and behaviours that fosters diversity and inclusion.
  • Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.

Qualifications:

Advanced level of proficiency:

  • Advanced degree (PhD preferred) in Data Science, Statistics, Applied Mathematics, Economics, or related quantitative field.
  • 5+ years of data science experience.
  • In-depth knowledge in machine learning and deep learning models, such as but not limited to, XGboosting, LSTM and LLM etc.
  • Data visualization and polished communication skills.
  • Self-driven problem solver; able to adapt and thrive in a dynamic, ambiguous, and customer-focused environment.
  • Highly analytical, technically proficient, and able to learn new tools and ML models quickly.
  • Trust, bias and ethics.
  • Collaboration & team skills; with a focus on cross-group collaboration.
  • Able to manage ambiguity.
  • Data driven decision making.
  • Experience with GenAI LLM models
  • Experience with MLOps, building workflows for model retraining, monitoring and deploying
  • Experience with ML frameworks such as TensorFlow, PyTorch
  • Experience with cloud-based data platforms such as AWS or Azure
  • Experience with data visualization tools such as Power BI

Salary:

$103,200.00 - $192,000.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: 

About Bank of Montreal

The Bank of Montreal is a Canadian multinational investment bank and financial services company. It provides a wide range of personal and commercial banking, wealth management, and investment banking products and services. The bank had revenues of CAD 23.6 billion in 2020.
Learn more about Bank of Montreal
Size
45,454 employees
Market Cap
$60.9 billion
Industry
Founded
1817
5 Year Trend
+9.1%
NASDAQ

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