Principal Data Scientist (BSA/AML & OFAC Compliance)

Provide independent data science, machine learning, and analytical insights using member, financial, and operational data to support critical decision making within the BSA/AML and OFAC Compliance department. Expertise in financial crime compliance and regulatory requirements is essential for this role. Understand business needs and identify opportunities for new models and optimization of existing models to enhance risk detection, regulatory reporting, and operational efficiency. Leverage cutting-edge data science techniques to design and develop descriptive, predictive, and prescriptive models that drive meaningful insights and 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.

• Design, develop, and evaluate large and complex predictive models and advanced algorithms 
• 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

• 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 
• SQL, R, Python, Hadoop, SAS, SPSS, Scala, AWS
• 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 Qualifications

• Master's/PhD Degree in Data Science, Statistics, Mathematics, Computers Science, or Engineering
• ACAMS certification or prior experience in BSA/AML & OFAC compliance, including financial crime risk modeling and transaction monitoring analytics

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

Location: 820 Follin Lane, Vienna, VA 22180 | 5510 Heritage Oaks Drive, Pensacola, FL 32526

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.