Senior Data Scientist

RBC Capital Markets LLC seeks a Senior Data Scientist in New York, NY to utilize advanced statistical and machine learning techniques, including regression, Bayesian methods, Monte Carlo simulation, NLP, reinforcement learning, and hypothesis testing, to address specific use cases such as clinical trials and price prediction models. Analyze diverse data sets-structured, unstructured, news, transcripts, social media, and geospatial data-to generate actionable insights for strategic decision-making. The role involves researching and evaluating new data science methodologies, developing predictive models, and enhancing data collection processes to create proprietary insights. Will manipulate large-scale data using advanced engineering techniques, work with data pipelines from various sources, and collaborate with research, technology, and business teams to deliver analytics, visualizations, and innovative applications. Stay up to date with emerging trends in machine learning and data science, contribute to research reports, and develop models that can be deployed in production environments. Additionally, the role includes building and maintaining a repository of models and data assets, translating complex technical solutions into client-facing products, and continuously improving model performance through retraining and troubleshooting. Contribute to advancing organizational data science capabilities and harnessing AI to solve complex business problems. Hybrid work is permitted.

Requirements: Master's degree in Statistics, Data Science, Computer Science, Applied Mathematics, or a related field plus 3 years of experience, or, in the alternative, a PhD degree with coursework in the field of statistics. Must have special skills in data science coding, statistical modelling, data science/machine learning algo, natural language processing, and cloud-based technology. Special skills can be gained through either employment or educational experience., Actuarial Modeling, Big Data Management, Commercial Acumen, Data Mining, Data Science, Decision Making, Machine Learning (ML), Natural Language Processing (NLP), Predictive Analytics, Python (Programming Language)

The salary for this job is $139,506 per year per year.This salary does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture;
• Enables collective achievement of our strategic goals; and
• Generates sustainable shareholder returns and above market shareholder value.

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.