Federal Reserve Board

Data Scientist

Federal Reserve Board  •  $170k - $230k/yr  •  New York City, NY (Onsite)  •  2 days ago
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Job Description

Company

Federal Reserve Bank of New YorkWhen you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system. At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.

Our Unique Work:   

The Data & Analytics Office (DAO) at the Federal Reserve Bank of New York drives the enterprise data and analytics strategy for the Bank and owns data policy and governance standards. The DAOis responsible forestablishinga data foundation for the Bank, building capabilities while setting standards and measurements for data quality, compliance, security, and retention of our data assets. In addition, the DAO focuses on innovating through and driving advanced analytics in collaboration across the System.

How You’ll Make an Impact as a Data Scientist: 

The data scientist has extensive experience applying advanced analytics skills and techniques and can lead other data scientists to build and enable data analytics solutions. In this role, you will contributeinstrengthening the relationships with key business stakeholders by translating business problems into analytics use cases and jointly prioritizing those use cases. You will developaccurate, robust, andequitableanalytical modelsutilizing

  • Cutting-edge ML infrastructure and enterprise cloud architecture 

  • AI/GenAI/LLM infrastructure and GPU-accelerated computing 

  • Enterprise-scale systems design and optimization 

  • Distributed systems (Ray, MPI, Apache Spark, Dask) 

  • Kubernetes operations and workload optimization (especially EKS) 

  • Cloud platforms (AWS) and HPC environments 

  • Network architecture in complex corporate topologies 

  • Cloud cost optimization strategies and implementation 

  • Performance profiling and optimization techniques 

  • Strategic planning and roadmap development 

  • Stakeholder management across technical and non-technical audiences 

  • Technical communication and translation of complex concepts 

The Unique Skill Sets We’re Looking For: 

  • Enterprise Architecture; Systems Design

  • Kubernetes;Cloud Computing (AWS/Azure/GCP)

  • Distributed Systems;Ray;Apache Spark;Dask;MPI

  • GPU Computing;AI/ML Infrastructure;LLM Operations;Performance Optimization

  • Cost Optimization;Network Architecture;Leadership

  • Strategic Planning;Stakeholder Management 

Other Things to Know:

Salary Range: $170000 - $230000 / year

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whetheryou’restretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions

This position requires possession of or the ability to obtain andmaintainnational security clearance, which requires U.S. citizenship. Candidates must undergo an enhanced background check and will be tested for all controlled substances prohibited by federal law, to include marijuana.

How We’ll Support You:

Our programs and benefits are designed to support you through all your life stages:

  • Learning & Growing: Educational assistance, career development tools, and stretch opportunities
  • Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more
  • Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center
  • Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program

Our Culture is deeply grounded in our Touchstone Behaviors— By working with us, you’ll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success and set clear expectations for leading with impact at every stage of your career. Learn more.

Apply now if you’re ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here to see all our open roles.

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Data Analytics Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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Federal Reserve Board

About Federal Reserve Board

The Federal Reserve System is the Central Bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today the Federal Reserve's duties fall into four general areas:

Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates.

Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers.

Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets.

Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Washington, DC
Year Founded
1913
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