Join our mission to create a completely new, 100% digital bank that uses consumer feedback to truly meet customers’ best interests. Jenius Bank, a division of SMBC MANUBANK, and a member of SMBC Group, is being built by a close-knit and fun-loving team of financial services professionals and technology experts who came together for the challenge of building a full-service digital bank from scratch. We’re committed to doing it the right way for the customer and are growing rapidly. To learn more about our relationship to our parent company, visit our website. The anticipated salary range for this role is between $103,000.00 and $154,000.00. The specific salary offered to an applicant will be based on their individual qualification, experiences, and analysis of current compensation paid in their geography and the market for similar roles at time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC MANUBANK offers a competitive portfolio of benefits to its employees. . Jenius Bank is strategically scaling up a portfolio of products and building extraordinary experiences. In 2023, we launched our first two products reaching $1 billion in deposits and over $700 million in loans, all before Jenius Bank’s first anniversary. We don’t plan to slow down, with ambitious growth plans and the capital necessary to execute a multi-year strategic plan. We have a start-up mindset paired with SMBC Group’s 400 years of history. SMBC Group has more than 150 offices and 86,000 employees worldwide in nearly 40 countries and is committed to creating new business to better serve customers in the rapidly evolving digital environment. Join us on the journey that has caught the attention of the Banking Dive, and more to reinvent banking where smarter banking translates to a richer life. **SUMMARY:** Under the supervision of the Fraud Strategy Manager, the data scientist will assist in building, managing, and implementing statistical models and apply segmentation techniques like CART/CHAID to identify new opportunities for business. The Data Scientist will work closely with cross functional partners across Fraud, Marketing, Product, Technology and Operations to identify analytical and model development opportunities. In addition, the data scientist will assist in ensuring internal controls and documentation is complete and accurate. The data scientist will support the Model inventory management process as well as other governance initiatives across the bank. **PRINCIPAL DUTIES AND RESPONSIBILTIES:** + Development and implementation of the In-Business Model Risk Management program to identify, monitor and manage model risk. + Responsible for model development documentation (MDD) for both in-house and vendor models. + Responsible for model monitoring for DBU fraud models. + Develop and review model performance monitoring reports, interpretating and analyzing results. + Design effective model operational controls with model users. + Manage resolution of findings, recommend management actions plans and tracking progress. + Support management of models including identification of models, documentation of model design, assumptions/limitations, output and uses and input processing. + Collaborate with model owners to ensure models are business driven, properly implemented, and run. + Assist in testing efforts and support requirements from Model Risk Management (2nd line of Defense), participate in full model development, validation and ongoing performance monitoring cycles **POSITION SPECIFICATIONS:** + Bachelor’s degree in a quantitative field such as Finance, Economics, Mathematics, Statistics, Computer Science, Engineering, or equivalent. + Minimum of 3 years working with analytics, quantitative models (including governance responsibilities) or in model risk management. + Experience in application and transaction fraud management in consumer lending or banking + Demonstrated Proficiency SQL, Python and or R + Broad knowledge/understanding of both the consumer lending market and how analytics tools and techniques can drive business/fraud strategy + Direct experience developing or validating complex analytical models that will be used for strategic decision making. + Working knowledge of regulatory requirements and expectations for model risk management. + Ability to understand, analyze and test complex models. + Ability to work cross-functionally + Strategic thinker with strong judgment and business sense; ability to influence at the highest levels of organizations + Experience in a startup-like environment with expertise in designing and implementing data schemas will be a plus. + Graduate degree in Statistics, Mathematics, Computer Science, Operations Research, Physics, Economics, Engineering, or a related technical field preferred. **EOE STATEMENT** SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com. **CCPA DISCLOSURE** Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.smbcmanubank.com/privacy/ccpa-disclosure . Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.