Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description

At Regions, the Risk Data Scientist researches, models, implements, and validates algorithms (predictive and prescriptive) to analyze diverse sources of data to achieve targeted outcomes.

The position at this level works with multiple teams of data scientists, analysts, and visualization experts contributing independently to solve business problems with high complexity and enable effective risk management. Additionally, the position at this level requires in-depth knowledge in quantitative analytical methods, data management, visualization, and programming skills suitable to drive data-driven decisions.

Primary Responsibilities

Works with large, structured, and un-structured datasets
Uses quantitative and analytical techniques to accelerate profitable growth and monitor and mitigate risk - unlocking value across all functional areas of business
Uses Big Data tools (e.g. Hadoop, Spark, H2O, CDSW, Domino Labs, etc.) to build data analytics solutions
Builds machine learning and Artificial Intelligence (AI) models from development through testing and validation
Designs rich data visualizations to communicate complex ideas to business leaders and executives
Communicates outcomes and proposed business solutions to senior Risk Data Scientists
Draws insights from data to make quick, well informed decisions with available information
Demonstrates ability to continuously learn and provide value in a dynamic environment
Understands all phases of the model lifecycle, ensuring that models and associated documentation comply with model validation expectations

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

Bachelor's degree and six (6) years of related experience
Or Master's degree and four (4) years of related experience
Or Ph.D. and two (2) years of related experience in a quantitative/analytical/STEM field
One (1) year of hands-on experience with Big Data technologies such as Hadoop, Hive, Impala, Spark, or Kafka
Two (2) years of working experience with statistical and predictive modeling concepts and approaches such as machine learning, clustering and classification techniques, and artificial intelligence
Two (2) years of working programming experience analyzing large, complex, and multi-dimensional datasets using a variety of tools such as SAS, Python, Ruby, R, Matlab, Scala, or Java

Preferences

Background in banking and/or other financial services
Experience in Agile Software Development
May require experience in libraries such as TensorFlow, Pytorch, or Keras
Knowledge in Google Analytics and/or Adobe Digital

Skills And Competencies

Advanced Structured Query Language (SQL) skills
Comfortable with both relational databases and Hadoop-based data mining frameworks
Deep understanding of statistical and predictive modeling concepts, machine learning approaches, clustering and classification techniques, and recommendation and optimization algorithms
Expertise in analyzing large, complex, multi-dimensional datasets
Proficient in visualization tools like Power Business Intelligence (BI) and Tableau
Strong business acumen with the ability to communicate with both business and Information Technology (IT) leaders
Strong communication skills through data visualizations as well as written and oral presentations

Additional Responsibilities

Design and develop transaction monitoring scenarios.
Improves segmentation for the scenarios/models using techniques such as clustering.
Executes periodic tuning for the threshold parameters of the scenarios through sample collection.
Develops post processing models to reduce the number of false positives generated by the scenarios using techniques such as rare event logistic regression and machine learning algorithms.
Collect and retrieve information associated with customers from the web, news articles, or other publications via Natural Language Processing techniques and/or Large Language Models.
Researches and develops algorithms that incorporates fuzzy logic for OFAC sanction screening and other types of screening processes.
Implementation of models.
Develops and executes ongoing monitoring plan to monitor the performance of the models.
Documentation of the model development, especially the implementation process.
Supports model validation activities.
Ad hoc analysis to address requests from business partners.

Additional Skills/Experiences

High proficiency with Python, R, SAS, and SQL.
Advanced data sourcing and management skills.
Enhanced experience with web scraping.
Knowledge and experience with CDSW platform.
Experience with software development, especially deployment.
Experience with classification models.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Minimum

Job Range Target:

$98,467.60 USD

Median

$141,780.00 USD

Incentive Pay Plans

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/welcometour/benefits.rf

Location Details

Regions Center

Location:

Birmingham, Alabama

Bring Your Whole Self to Work

We have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work and thrive is the right thing to do.

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

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