What are the responsibilities and job description for the Data Science Manager position at Ameriprise Financial Services, LLC?
Play an integral role in supporting modeling and data analysis, budget execution, and the FinOps needs of the business. Manage the creation and/or usage of large data sets, providing information-based decision logic and predictive modeling solutions, and translates modeling/analytic output into understandable/actionable business knowledge, insight and applications. Demonstrate strong technical/problem solving skills. Support multiple projects collaboratively.
Key Responsibilities
Identify, develop, and implement complex analytical solutions leveraging tools such as predictive modeling, advanced machine learning techniques, simulation, optimization solutions, and risk management purposes.
Manage dataset creation including data extraction, derived and dependent variable creation, and data quality control processes for analytics, model development, and validation. May monitor execution of analytical solutions, including criteria specification, data sourcing, segmentation, analytics, selection, delivery, and back-end data capture results.
Identify and execute targeting and optimization opportunities while consulting and coordinating execution with asset owners.
Under direction of the Sr. Leader, collaborate with business leaders and/or analysts to provide analytical thought leadership and support for business problems. Identify and interpret business needs, define high-level business requirements, strategy, technical risks, and scope. Develop, document, and communicate business-driven analytic solutions and capabilities, translating modeling and analytic output into understandable and actionable business knowledge.
Embed analytic programs and tools. Ensure continued accuracy, relevancy, and effectiveness and track process improvements once deployed.
Ensure adherence to data and model governance standards that are set and enforced by industry standards and/or enterprise and business unit data governance polices and leaders.
Contribute to ongoing expansion of data science expertise and credentials by keeping up with industry best practices, developing new skills, and knowledge sharing. Work cross functionally to develop standardized/automated solutions and adopt best practices.
Required Qualifications
Master degree or equivalent Quantitative Discipline (i.e. Finance, Statistics, Computer Science, Actuarial Science, Economics, Engineering, etc.)
5-7 Years Relevant Experience Required.
Knowledge of advanced statistical concepts and techniques; skilled in linear algebra.
Experience conducting hands-on analytics projects using advanced statistical methods such as generalized regression models, machine learning, clustering, or similar methodologies.
Experience with statistical programming (SAS, R, Python, SQL etc.) & data visualization software in a data-rich environment.
Proven ability to present/communicate complex, technical materials in a way that facilitates decision making and drives outcomes; ability to communicate to less technical partners.
Proven ability to apply both strategic and analytic techniques to provide business solutions and recommendations.
Ability to work effectively in a collaborative team environment.
Preferred Qualifications
3 years of experience in statistical modeling and the collating processes necessary to create modeling data.
Experience with cloud services and big data technologies FinOps.
Self-starter with the ability to work effectively in a matrix environment while (at times) working autonomously.
Proven flexibility and adaptability in effectively driving results in an environment of changing priorities.
Background in financial services.
About Our Company
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Base Pay Salary
The estimated base salary for this role is $107,000 - $144,000 a year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Data
Line of Business
TECH Technology
Key Responsibilities
Identify, develop, and implement complex analytical solutions leveraging tools such as predictive modeling, advanced machine learning techniques, simulation, optimization solutions, and risk management purposes.
Manage dataset creation including data extraction, derived and dependent variable creation, and data quality control processes for analytics, model development, and validation. May monitor execution of analytical solutions, including criteria specification, data sourcing, segmentation, analytics, selection, delivery, and back-end data capture results.
Identify and execute targeting and optimization opportunities while consulting and coordinating execution with asset owners.
Under direction of the Sr. Leader, collaborate with business leaders and/or analysts to provide analytical thought leadership and support for business problems. Identify and interpret business needs, define high-level business requirements, strategy, technical risks, and scope. Develop, document, and communicate business-driven analytic solutions and capabilities, translating modeling and analytic output into understandable and actionable business knowledge.
Embed analytic programs and tools. Ensure continued accuracy, relevancy, and effectiveness and track process improvements once deployed.
Ensure adherence to data and model governance standards that are set and enforced by industry standards and/or enterprise and business unit data governance polices and leaders.
Contribute to ongoing expansion of data science expertise and credentials by keeping up with industry best practices, developing new skills, and knowledge sharing. Work cross functionally to develop standardized/automated solutions and adopt best practices.
Required Qualifications
Master degree or equivalent Quantitative Discipline (i.e. Finance, Statistics, Computer Science, Actuarial Science, Economics, Engineering, etc.)
5-7 Years Relevant Experience Required.
Knowledge of advanced statistical concepts and techniques; skilled in linear algebra.
Experience conducting hands-on analytics projects using advanced statistical methods such as generalized regression models, machine learning, clustering, or similar methodologies.
Experience with statistical programming (SAS, R, Python, SQL etc.) & data visualization software in a data-rich environment.
Proven ability to present/communicate complex, technical materials in a way that facilitates decision making and drives outcomes; ability to communicate to less technical partners.
Proven ability to apply both strategic and analytic techniques to provide business solutions and recommendations.
Ability to work effectively in a collaborative team environment.
Preferred Qualifications
3 years of experience in statistical modeling and the collating processes necessary to create modeling data.
Experience with cloud services and big data technologies FinOps.
Self-starter with the ability to work effectively in a matrix environment while (at times) working autonomously.
Proven flexibility and adaptability in effectively driving results in an environment of changing priorities.
Background in financial services.
About Our Company
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Base Pay Salary
The estimated base salary for this role is $107,000 - $144,000 a year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Data
Line of Business
TECH Technology
Salary : $107,000 - $144,000