Principal Data Scientist

Full time

Employment Information

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Consumer Banking Credit Risk Modeling team is seeking a Senior Data Scientist to develop Credit Risk models for the Consumer Lending Portfolios (Credit Card, HELOC, Mortgage, Education loans, Personal Loan, POS loan etc.). The Senior Data Scientist will focus on translating business needs into analytics and providing modeling solutions that are either regression or Machine Learning based. This role will also support risk-related business initiatives and perform analytics on an ad-hoc basis. In this role, you have a great opportunity to innovate, explore and apply the latest technologies to various business problems in loss prevention.

Primary responsibilities include

  • Develop and maintain the Credit Risk (Scorecard) models and attributes that drive impactful decisions for the bank’s Consumer Lending business throughout the customer lifecycle (e.g., acquisition, account management, collection, etc.) and develop processes to evaluate and optimize model performance over time
  • Integrate expertise in data, statistics, and technology with a curiosity for learning the business and a passion for solving problems
  • Work with a wide range of internal customers, including executive management, risk, model governance, compliance, etc., consulting for business requests and explaining the benefits, limitations, assumptions and requirements for proposed models, scorecards, and forecasts
  • Manage deliverables across multiple projects in a deadline-driven environment and maintain good communication with all model stakeholders.
  • Work with business to review data sources, data inconsistencies, and business logic for initiating data discovery.


  • This role is highly technical in nature; an ideal candidate has a sound blend of Business and Data Science background with Credit Risk/Classification modeling skills
  • 3+ years of work experience in data modeling, statistical analysis required
  • Experience in machine learning and regression based statistical methodology; demonstrated experience using these techniques to solve modeling problems
  • Proficient in SQL, Python, R, or other analytical/model building programming languages
  • Experience working with large datasets (greater than 1 million records) and applying techniques to efficiently manage big data
  • Previous experience working with credit bureau data (preferred)
  • Previous experience in Credit Card risk modeling and analytics (preferred)
  • Excellent written and verbal communication skills, ability to convey actionable and understandable business intelligence
  • A strong sense of intellectual curiosity and ability to thrive and deliver value in an entrepreneurial working environment; flexibility to take on new roles and responsibilities as initiatives evolve
  • Ability to work in a high-performance professional environment, with quick turn-around and evolving priorities


Required: Ph.D. or Master’s degree in statistics, computer science, mathematics, economics, biophysics or directly related field

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.


We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more.

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