Financial Crimes - Senior Data Scientist
KeyBank
About the role
Location:
4910 Tiedeman Road, Brooklyn Ohio
ABOUT THE JOB (JOB BRIEF)
Under manager’s supervision, the Senior Data Scientist is primarily responsible for conducting quantitative modeling and analytics of financial crimes. Leveraging both current and emerging technologies and applications, this role covers all key aspects of model development and analytics, i.e. data identification and gathering, methodology/technique selection, performance assessment, documentation, and ongoing monitoring.
ESSENTIAL JOB FUNCTIONS
Under manager’s oversight, perform a broad range of quantitative works, including model development and ad hoc analytics to address financial crime compliance needs in AML/BSA/OFAC
Research, compile and evaluate large sets of data to assess quality and determine suitability for model building
Develop/maintain internal models and test/configure vendor solutions to ensure conceptually sound design, proper implementation, and acceptable model performance
Document model development process and outcomes properly and support model validation and review
Employ innovative techniques to drive continuous improvements in model effectiveness and efficiency, e.g. reducing false positives
Proactively develop and build technical skills and business knowledge; and effectively collaborate with compliance, technology, and risk partners
REQUIRED QUALIFICATIONS
Master’s or Ph.D. degree in statistics, mathematics, economics, computer science, data sciences, predictive modeling, or other quantitative disciplines and at least 3 years of relevant experience, preferred in AML/BSA, OFAC, or fraud modeling/analytics; 4 years with bachelor's degree
Solid expertise with both traditional and Machine Learning (ML)/Artificial Intelligence (AI) modeling practice and solutions
Hands-on work experience with statistical coding in SAS and/or Python
Knowledge of and ability to leverage traditional databases, cloud-based computing, and distribution computing
Knowledge of financial crime regulatory requirements, technology, and data analysis best practices
Excellent verbal, written and visual communication skills; ability to translate technical observations to a non-technical audience
Candidates must be located in or willing to relocate to Cleveland, OH or Buffalo, NY
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $94,000.00 - $175,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Please click here for a list of benefits for which this position is eligible.
Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.
Job Posting Expiration Date: 11/28/2026 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
#LI-Hybrid
Responsibilities
- Develop quantitative models and perform analytics for AML/BSA/OFAC financial crime compliance.
- Research and evaluate large datasets for quality and suitability for modeling.
- Develop and maintain internal models and test vendor solutions for sound design, implementation, and performance.
- Document model development and support model validation and review.
- Improve model effectiveness and efficiency, including reducing false positives.
- Collaborate with compliance, technology, and risk partners while building technical and business expertise.
Qualifications
- Master’s or Ph.D. in a quantitative discipline with at least 3 years of relevant experience, or a bachelor’s degree with at least 4 years of relevant experience.
- Experience in AML/BSA, OFAC, or fraud modeling and analytics preferred.
- Expertise in traditional modeling and machine learning or artificial intelligence solutions.
- Hands-on statistical coding experience with SAS and/or Python.
- Knowledge of traditional databases, cloud computing, and distributed computing.
- Knowledge of financial crime regulatory requirements, technology, and data analysis best practices.
- Strong verbal, written, and visual communication skills, including explaining technical findings to non-technical audiences.
- Located in or willing to relocate to Cleveland, Ohio, or Buffalo, New York.
Benefits
- Eligible for incentive compensation, which may include production, commission, and/or discretionary incentives.
- Eligible for company benefits; specific benefits are not listed in the provided description.
Skills mentioned
About KeyBank
At KeyBank we’ve made a promise to our clients that they will always have a champion in us. To deliver on our promise, we’re committed to building a team of engaged employees who do the right thing for our clients and shareholders, and help them achieve financial wellness each and every day. Headquartered in Cleveland, Ohio, KeyCorp is one of the nation’s largest financial services companies. Key Companies provide investment management, retail and commercial banking, consumer finance and investment banking products to individuals and companies throughout the United States and, for certain businesses, internationally. Follow along for business and industry insights, expert advice and more resources to help you achieve your financial goals. KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. KeyBank is Member FDIC. Equal Housing Lender. Credit applications are subject to credit approval.
H-1B sponsorship history
Historical employer filing data was found for KeyBank. The employer record includes 195 historical certified applications. This is employer-level history, not a guarantee that this role currently offers sponsorship.