Full Job Description
BMO Bank N.A. seeks a Specialist III-IC Data Sciences to use advanced analytic algorithms and technologies including machine learning, deep learning, and artificial intelligence to mine and analyze large sets of structured and unstructured data to obtain insights. Design and construct new processes for modeling data. Develop predictive models and leverage big data technology to design solutions that deliver smarter business decisions, improve customer experience, and drive productivity. Collaborate with other data and analytics professionals and teams to optimize, refine and scale analysis into mature analytics solutions. Play an active role in the futuristic display of data and advancement of innovative data strategies to understand consumer trends and address business problems. Use data mining and extract usable data from valuable data sources to assess feasibility of AI/ML solutions for improved processing and usage of organization data. Conduct large-scale analytics of information to discover patterns and trends by combining different modules and algorithms. Develop prediction systems and machine learning algorithms, and investigate additional technologies and tools for developing innovative data solutions for business stakeholders.
Requirements: Bachelor's degree in Mathematics, Statistics, Applied Analytics, Actuarial Science, Operations Research or related quantitative field (willing to accept foreign education equivalent) plus five (5) years of experience developing credit risk models and performing advanced data manipulation OR Master's degree in Mathematics, Statistics, Applied Analytics, Actuarial Science, Operations Research or related quantitative field (willing to accept foreign education equivalent) plus three (3) years of experience developing credit risk models and performing advanced data manipulation. Experience must include: 3 years of experience performing data preparation, and data analysis using statistical tool sets including SQL, SAS, R, Python, and Tableau; 3 years of experience developing adjudication and/or account management credit risk models based on consumer and commercial bureaus; and conducting in-depth analysis of credit bureau attributes and credit bureau data.
The salary range for this specific position in Chicago, IL is $142,210-165,600 per year.
Salary:
$90,000.00 - $180,000.00
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: https://jobs.bmo.com/global/en/Total-Rewards