Principal Data Scientist (Credit Risk)

Company: Navy Federal Credit Union
Location: Vienna
Posted on: April 26, 2025

Job Description:

Overview

Please ensure you read the below overview and requirements for this employment opportunity completely.

Provide independent data science, machine learning, and analytical insights using member, financial, and organizational data to support mission critical decision making for credit card account management, collections, and loan pricing. Understand business needs and identify opportunities for new products, services, and process optimization to meet business objectives through the use of cutting-edge data science. Create descriptive, predictive, and prescriptive models and insights to drive impact across the organization. Regarded as an advanced professional in the data science field. Conduct complex work under minimal supervision and with wide latitude for independent judgment. Mentor lower-level staff.

This position is eligible for the TalentQuest employee referral program. If an employee referred you for this job, please apply using the system-generated link that was sent to you.

Responsibilities

Design, develop, and evaluate large and complex predictive models and advanced algorithms to effectively segment accounts and members by risk level to prioritize collections outreach efforts
Use statistical techniques to evaluate new data sources and models for their ability to improve the effectiveness of existing account management strategies, including collections
Translate statistical model and strategy changes into business impact along member experience and financial dimensions
Collaborate across credit risk, business unit, and technology systems teams to implement models and strategies for improved account management and collections risk segmentation
Test hypotheses/models, analyze, and interpret results
Develop actionable insights and recommendations
Develop and code complex software programs, algorithms, and automated processes
Use evaluation, judgment, and interpretation to select right course of action
Work on problems of diverse scope where analysis of information requires evaluation of identifiable factors
Produce innovative solutions driven by exploratory data analysis from complex and high-dimensional datasets
Transform data into charts, tables, or format that aids effective decision making
Utilize effective written and verbal communication to document analyses and present findings analyses to a diverse audience of stakeholders
Develop and maintain strong working relationships with team members, subject matter experts, and leaders
Lead moderate to large projects and initiatives
Model best practices and ethical AI
Works with senior management on complex issues
Assist with the development and enhancement practices, procedures, and instructions
Serve as technical resource for other team members
Mentor lower levels

Qualifications

6+ years of experience with requisite competencies
Complete knowledge and full understanding of specialization
Statistics, machine learning, data mining, data auditing, aggregation, reconciliation, and visualization
Programming, data modeling, simulation, and advanced mathematics
Python, SQL, R, Databricks, SAS
Model lifecycle execution
Technical writing
Data storytelling and technical presentation skills
Research Skills
Interpersonal Skills
Advanced knowledge of procedures, instructions and validation techniques
Model Development
Communication
Critical Thinking
Collaborate and Build Relationships
Initiative with sound judgement
Technical (Big Data Analysis, Coding, Project Management, Technical Writing, etc.)
Independent Judgment
Problem Solving (Identifies the constraints and risks)
Bachelor's Degree in Data Science, Statistics, Mathematics, Computers Science, Engineering, or degrees in similar quantitative fields

Desired Qualification

Master's/PhD Degree in Data Science, Statistics, Mathematics, Computers Science, or Engineering

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: 820 Follin Lane, Vienna, VA 22180

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

Our approach to careers is simple yet powerful: Make our mission your passion.

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Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran.

Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Keywords: Navy Federal Credit Union, Frederick , Principal Data Scientist (Credit Risk), Other , Vienna, Maryland