Northern Trust

Sr. Data Scientist

Northern Trust$114K — $194K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or Master's degree in Computer Science or a related field with a strong statistical background.
  • Experience in data science specific graduate work, preferably within the finance sector.
  • Proficiency in Python and common libraries such as NumPy, Pandas, and Scikit-learn.
  • Knowledge of advanced distributed machine learning frameworks like Keras and TensorFlow.
  • Experience with Azure cloud infrastructure is preferred.

Responsibilities

  • Develop software in Python to gather data from various sources and prepare datasets for analysis.
  • Analyze raw datasets to extract meaningful insights with the help of domain experts.
  • Build unit tests and data pipelines to ensure data quality for machine learning algorithms.
  • Propose and develop ensemble methods to enhance algorithm performance on datasets.
  • Tune machine learning algorithms by adjusting hyper-parameters and selecting features.
  • Detect and mitigate biases in datasets to ensure realistic train/test splits.
  • Run large-scale training and inference jobs on cloud infrastructure.

Benefits

  • Comprehensive health and welfare benefits including medical, dental, and vision coverage.
  • Retirement benefits including 401k and pension plans.
  • Paid time off, parental, and caregiver leave.
  • Life and accident insurance, along with additional voluntary benefits.
  • Discretionary bonus program that may include an equity component.
Full Job Description
Major Duties : Develop software, typically in Python, to independently acquire data from disparate sources (databases, files, APIs, etc.) and combine them into appropriate training , validation and testing datasets  Analyze raw datasets using descriptive statistics, working directly with domain experts to understand the meaning of data fields  Build unit tests, data quality checks and data pipelines to ensure that algorithms use trusted data  Develop and maintain an understanding of many algorithms across supervised learning, unsupervised learning and time series analysis  Propose and develop machine learning ensemble methods that exhibit the best out-of-sample characteristics possible given the input dataset  Utilize expertise in machine learning algorithms to tune algorithms using available hyper-parameters and carefully select feature subsets  Discover biases or leakage in datasets and ensure that train/test splits reflect realistic expectations of real world performance  Run large scale (either in parallel and/or distributed) training and inference jobs on private or public cloud infrastructure  May present findings to internal and external customers using both data science language (F1 scores, regression error, statistical significance, etc.) as well as business domain specific language gained from experience analyzing the data in scope.  Provide some guidance to other software development teams as Data Science Lab prototypes are engineered for full production environments  Work across multiple projects in a fluid environment where work is required across the full research lifecycle from forming a hypothesis, acquiring data, and developing ETL-style software to presenting findings.  Plan and execute data science training sessions and hackathons  Work with external parties (vendors, universities, etc.) to incorporate new techniques and tools into the data science lab  Solves complex problems  Takes a new perspective on existing solutions  Exercises judgment based on the analysis of multiple sources of information  Impacts a range of customer, operational, project or service activities within own team and other related teams  Works within broad guidelines and policies Knowledge : Python, Common Python libraries (numpy ,pandas, sklearn, etc.), Linux based operating systems, and basic development tools (Python IDEs, source control, etc.) required  Advanced distributed machine learning frameworks (e.g. Keras, TF, etc.), Azure cloud infrastructure preferred  Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines  Applies best practices and how own area integrates with others  Explains difficult or sensitive information; works to build consensus Experience : Computer Science degree (undergraduate or graduate level) and strong statistical background. Data Science specific graduate work, Finance sector experience or coursework preferred  Acts as a resource for colleagues with less experience;  May lead small projects with manageable risks and resource requirements Salary Range: $114,500 - 194,700 USD Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

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