Data Scientist I - Remote

Data Scientist

Velera is the nation's premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners' success through innovative financial technology solutions and inspired service.

The Opportunity

We are seeking a talented Data Scientist who can apply data mining techniques, mathematical and statistical analyses, and machine learning algorithms to large data sets. The data scientist will collect, process, and analyze large data sets to uncover trends, patterns, and insights. They will be responsible for building and evaluating predictive models and algorithms, designing experiments, and interpreting the results for stakeholders. Additionally, data scientists collaborate with cross-functional teams to implement data-driven solutions and ensure the accuracy and effectiveness of data models and analytical methods. The ideal candidate will be comfortable communicating with a wide audience, including business and technical teams. They will have a passion for problem-solving, knowledge sharing, and continuous learning.

Day in the Life:

• Collaborate with stakeholders throughout the business to understand existing processes and identify opportunities for leveraging data to drive solutions.
• Perform data mining and analysis from various databases to build solutions for optimizing product development, client portfolios, and business strategies.
• Design and build custom AI/ML models and algorithms applied to data sets for enhancing products and processes.
• Conduct exploratory data analysis to determine the effectiveness and accuracy of data for application in models and algorithms.
• Develop and perform A/B testing frameworks to assess model quality and validity.
• Interpret data analysis, model, and algorithm results to business and technical teams to facilitate decision-making.
• Design and build predictive models to increase and optimize portfolios, generate revenue opportunities, prevent client attrition, and optimize portfolio segments for timely offers.
• Develop processes and tools for monitoring and analyzing model performance and data accuracy.
• Stay updated on industry standards and advancements in data-driven technologies and tools
• Work in an agile framework as needed
• Perform duties as assigned.

Qualifications:

• Bachelors degree in Operations Research, Statistics, Mathematics, Computer Science, Physics or similar field.
• 2+ year's professional experience working within business intelligence, data science, or operations research with experience in development of advanced analytics.
• Proficient with computer languages such as Python, and SQL.
• Familiar with various machine learning techniques including clustering, ensemble methods, artificial neural networks. Understanding their advantages and drawbacks and when to apply each.
• Proficient in advanced statistical techniques such as various regression modeling (linear, logistic, polynomial, etc.), forecasting methods, with practical application experience.
• Knowledgeable in cloud platforms for data science, Preferably Azure and Databricks.
• Familiar with big data platforms such as Databricks and/or Snowflake
• General knowledge of PCI standards and regulations.
• Familiar with Agile methodologies and practices.
• Experience with AI Models,, NLP, and/or LLM's preferred
• Experience building classification models preferred
• Excellent verbal, written, and visual communication skills, with the ability to tell a story using data and visualizations.

Pay Equity

$84,900.00 - $108,200.00

Actual Pay will be adjusted based on experience and other job-related factors permitted by law.

Great Work/Life Benefits!

• Competitive wages
• Medical with telemedicine
• Dental and Vision
• Basic and Optional Life Insurance
• Paid Time Off (PTO)
• Maternity, Parental, Family Care
• Community Volunteer Time Off
• 12 Paid Holidays
• Company Paid Disability Insurance
• 401k (with employer match)
• Health Savings Accounts (HSA) with company provided contributions
• Flexible Spending Accounts (FSA)
• Supplemental Insurance
• Mental Health and Well-being: Employee Assistance Program (EAP)
• Tuition Reimbursement
• Wellness program
• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

Velera is an E-Verify Employer. Review the E-Verify Poster here. For information regarding your Right To Work, please click here.

This role is currently not eligible for sponsorship.

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at View email address on click.appcast.io for assistance.