Director Data Scientist Modeler, Financial Analytics (Stamford) Job at Webster Bank, Stamford, CT

SnVJazFad2twZHF3bXBlcFhiUm1jSmYvZ2c9PQ==
  • Webster Bank
  • Stamford, CT

Job Description

Join to apply for the Director Data Scientist Modeler, Financial Analytics role at Webster Bank

Continue with Google Continue with Google

6 days ago Be among the first 25 applicants

Join to apply for the Director Data Scientist Modeler, Financial Analytics role at Webster Bank

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

The role involves gathering and understanding FP&A business requirements; Webster’s data systems and tools; model purpose and use; applying sophisticated statistical analysis to large data sets to satisfy business requirements; designing coding and maintaining new and existing models; anticipating and resolving challengers to model design and use; participating in model documentation and validation; and clearly communicating results. The scope of the role includes internally developed consumer and commercial credit models used for CECL/loss-reserving, stress-testing, and underwriting. The primary job function is to collaborate with Finance, Risk, Credit, Treasury, IT, Data Team, model risk management team, and LoB partners in developing source code implementing predictive analytical models to forecast losses & profitability, inform credit decisions and increase revenue.

Key Responsibilities

  • Lead/Build/develop and maintain/refresh the Combined Bank CECL models for calculating the reserves for the Bank
  • Manage/Process large volume historical data set for the CECL model development
  • Lead to support BCC auto decision and Auto Renewal models development and maintenance
  • Support Dual Risk Rating (DRR) models development and maintenance
  • Maintain rigorous work papers during the model development process
  • Support CECL, DRR, and BCC models validation and model annual review
  • Support CECL production run
  • Candidates with advanced degrees (Associates, Bachelor’s, Master’s, and/or PhD) in finance, mathematics, or statistics preferred, yet a High School diploma or GED is required. Candidates with some combination of coursework and experience, or extensive related professional experience, are eligible for consideration.
  • 10+ years of related credit, modeling, and management experience, ideally both Consumer and Commercial lending.
  • Significant experience in working with large and complex data sets
  • Experience within regulated entities, and ideally within team(s) with direct impact to publicly reported results. In depth understanding of finance, risk, analytics, and statistical modeling. SAS and/or Python experience preferred.
  • Exceptional attention to detail related to providing accurate and timely data

The estimated base salary range for this position is $151,100 USD to $182,200 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Seniority level

  • Seniority level

    Not Applicable

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Engineering and Information Technology
  • Industries

    Banking, Financial Services, and Investment Banking

Referrals increase your chances of interviewing at Webster Bank by 2x

Get notified about new Data Scientist jobs in Stamford, CT .

Data Scientist -NLP and Machine Learning (Hybrid)

New Hyde Park, NY $75,020 - $126,250 4 days ago

Data Scientist -NLP and Machine Learning (Hybrid)

New Hyde Park, NY $75,020 - $126,250 5 hours ago

Stamford, CT $86,000 - $152,400 2 weeks ago

Stamford, CT $86,000 - $152,400 5 days ago

Stamford, CT
$100,000.00
-
$130,000.00
1 week ago

Purchase, NY
$106,400.00
-
$178,100.00
1 week ago

Purchase, NY
$106,400.00
-
$178,100.00
1 week ago

Purchase, NY
$106,400.00
-
$178,100.00
2 weeks ago

Purchase, NY
$106,400.00
-
$178,100.00
2 weeks ago

Purchase, NY
$106,400.00
-
$178,100.00
2 weeks ago

Englewood Cliffs, NJ
$95,000.00
-
$125,000.00
3 weeks ago

NLP Data Science Intern(Python & SQL Expertise) - Data Analytics/Data Science Intern

New Hyde Park, NY
$55,070.00
-
$85,720.00
5 hours ago

Purchase, NY
$106,400.00
-
$178,100.00
2 weeks ago

AI/ML Data Scientist (VP) - Investment Banking/Capital Markets

Stamford, CT
$165,000.00
-
$185,000.00
1 week ago

Bridgeport, CT
$170,000.00
-
$230,000.00
15 hours ago

Yorktown Heights, NY
$170,000.00
-
$218,000.00
2 weeks ago

Stamford, CT
$116,000.00
-
$163,000.00
2 weeks ago

Old Greenwich, CT
$125,000.00
-
$250,000.00
2 weeks ago

Old Greenwich, CT $60,000 - $120,000 19 hours ago

Senior Research Data Scientist, Bureau of Data Technology & Strategy

Bridgeport, CT $140,000 - $180,000 1 day ago

Stamford, CT $150,000 - $300,000 3 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr

Job Tags

Full time, Internship,

Similar Jobs

KMRG, LLC

Legal Receptionist Job at KMRG, LLC

 ...ROLE We are seeking an experienced Legal Receptionist to support the United States Attorneys Office for the Southern District of Texas (USAO SDTX) in Laredo, TX. This position plays a key role in supporting litigation teams by ensuring the smooth operation of administrative... 

American Medical Staffing

Local Contract Nurse RN - Private Duty - $48 per hour Job at American Medical Staffing

 ...American Medical Staffing is seeking a local contract nurse RN Private Duty for a local contract nursing job in Upper Marlboro, Maryland. Job Description & Requirements ~ Specialty: Private Duty ~ Discipline: RN ~ Start Date: 08/25/2025~ Duration: 43 weeks... 

Aptino, Inc.

React Frontend Developer Job at Aptino, Inc.

 ...strong written and verbal communication skillsDeveloping and implementing highly responsive user interface components using react concepts.Experience with a Content...  ...Recruiter(***) ***-********@*****.***Seniority level Seniority level Mid-Senior levelEmployment type... 

Speedbox LLC

Cargo Van Parcel Delivery Driver Job at Speedbox LLC

 ...Job Description Package Delivery Drivers are responsible for delivering 300+ packages...  ...'ll drive step van vehicles (up to 22' long, no CDL required) while navigating through...  ...a seatbelt, maintaining a safe following distance, and having zero distracted driving,... 

Farm Job Search

Farm Hand job share for Two Job at Farm Job Search

 ...Farm Hand job share for Two (6394) Location: Shiner, Texas JobNumber: 6394 We are looking for a couple interested in a full-time job at a poultry breeder farm in a Texas country setting with an excellent local school. The position is a job share for 2 people....