PenFed Credit Union · 8 hours ago
Sr Data Scientist, NPV Modeling
McLean, VA
Full-time
Hybrid
Mid, Senior Level
3+ years expPenFed Credit Union is a strong and stable financial institution, and they are seeking a Senior Data Scientist - NPV Modeling. The primary purpose of this role is to develop and enhance predictive models that support credit decisioning and pricing strategies for their Auto and Personal Loan portfolios.
BankingCreditFinanceFinancial ServicesLending
Responsibilities
Lead interaction with and advising Management of regarding credit risk issues; formulates product strategy recommendations and evaluates the risk in the overall loan portfolio
Conduct autonomous end-to-end more complex statistical model creation, including but not limited to identifying objectives, compiling data, sampling/prepping data, feature selection, model comparison/selection, deployment, and monitoring
Ensures adequate internal control processes around model development, implementation and validation are established
Develop, monitor, and maintain risk models using advanced machine learning and statistical method
Research and recommend new approaches/algorithms to identify relationships among complex data and implements model changes to improve model performance
Understand the trends within consumer and commercial loans portfolio, their impact on model implementation design and performance, and develop timely approach to address changes
Develop necessary analytics and processes during model implementation and forecasting process to provide production support and resolution
Establish consistent and robust model implementation processes across models with effective review and controls
Communicate design and results of model’s development and implementation to a variety of audiences, including senior management, bank supervisors, internal validation, Internal Audit and line of business credit and finance end users
Apply intermediate to advanced knowledge of financial processes and procedures, and routine modeling theories and techniques to create effective modeling solutions for a single or multiple business functions
Maintain documentation for key processes and model components across the team with focus on standardization of processes
Engage model development teams, model production, and forecasting/model production team/users to develop consistent model implementation and process capabilities
Participate in regular interactions with various stakeholders to enhance model implementation processes and translate requirements into integrated forecasting process/tools for effective consumption
Qualification
Required
Master's Degree in quantitative discipline is required
Minimum of three (3) years of related work experience in building statistical models and advanced data analysis
Minimum of one (1) years of experience for PhD degree holders
Applied experience with Logistic Regression, Linear Regression, Machine Learning, and Survival Analysis required
Advanced programming skills to include knowledge of statistical programs (e.g. SQL, Python, and R) required
Ability to manage multiple projects simultaneously and implement rapid changes in project direction
Demonstrate strong data analysis skills, ability to understand underlying data and complex loss/balance forecasting models, various product features, possess organizational and prioritization skills, as well as strong attention to detail
Detail oriented, results driven, and the ability to navigate in a quickly changing and high demand environment to develop solutions while balancing multiple priorities
Critical thinking using both analytical and tactical approach to problem solving within the Quantitative Modeling team is required
Ability to interact effectively with team members across the management team, Lines of Business (LOB), credit officers, finance, model governance, oversight, validation, and audit organizations
Proven project management skills
Excellent oral and written communication skills required
Preferred
PHD is highly preferred
Benefits
Robust medical, dental and vision plan options
Plenty of paid time off
401k with employer match
On-site fitness facilities at our larger locations
And more
Company
PenFed Credit Union
PenFed Credit Union offers banking services, loans, mortgages, and credit cards to individuals and small businesses.
1001-5000 employees
H1B Sponsorship
PenFed Credit Union has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (19)
2024 (20)
2023 (10)
2022 (21)
2021 (12)
2020 (11)
Funding
Current Stage
Late StageTotal Funding
$845.89M2025-09-22Debt Financing· $398.49M
2024-08-29Debt Financing· $447.4M
Leadership Team
Sarah Heintzman
Executive Vice President, CFO
Andrea McCarren
Senior Vice President & Chief Content Officer, PenFed Digital
Recent News
The Virginian-Pilot
2025-11-05
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