Associate/Sr.

Associate/ Principal Associate-Data Science, Enterprise Model Risk Management

Capital One (India), Bengaluru 

About the Company

At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card
industry by individually personalizing every credit card offer using statistical modeling and the relational
database, cutting edge technology in 1988! Fast-forward a few years, and this little innovation and our
passion for data has skyrocketed us to a Fortune 200 company and a leader in the world of data-driven
decision-making.

Today, we are a high-tech company, a scientific laboratory, and a nationally recognized brand all in one
impacting over 65 million customer accounts. Still founder-led by Chairman and CEO Richard Fairbank,
we dare to dream, disrupt, and deliver a better way for our customers, the financial industry and for
each other.  

As a Data Scientist at Capital One, you’ll be part of a team that’s leading the next wave of disruption at a
whole new scale, using the latest in computing and machine learning technologies and operating across
billions of customer records to unlock the big opportunities that help everyday people save money, time
and agony in their financial lives.

Team Description

At DataLabs Capital One India, we are at the cutting edge of solving some of the fundamental business
problems using advanced data methodologies, statistics and machine learning algorithms.

In DataLabs Model Risk Management team, we defend the company against model failures and find new
ways of making better decisions with models. We use our statistics, software engineering, and business
expertise to drive the best outcomes in both Risk Management and the Enterprise. We also understand
that we can’t prepare for tomorrow by focusing on today, so we invest in the future: investing in new
skills, building better tools, and maintaining a network of trusted partners. We learn from past mistakes
and develop increasingly powerful techniques to avoid their repetition.

Role Description

In this role you will:

 Partner cross-functionally with data scientists, quantitative analysts, business analysts, software
engineers, and project managers to manage the risk and uncertainty inherent in statistical and
machine learning models in order to lead Capital One to the best decisions, not just avoid the
worst ones.
 Build and validate statistical and machine learning models through all phases of development,
from design through training, evaluation and implementation
 Develop new ways of identifying weak spots in model predictions earlier and with more
confidence than the best available methods
 Assess, challenge, and at times defend state-of-the-art decision-making systems to internal and
regulatory partners
  Leverage a broad stack of technologies — Python, R, Conda, AWS, and more — to reveal the
insights hidden within huge volumes of data
 Build upon your existing machine learning and statistical toolset - both by learning new
technologies and by building custom software tools for data exploration, model performance
evaluation, and more
 Communicate technical subject matter clearly and concisely to individuals from various
backgrounds both verbally and through written communication; prepare presentations of
complex technical concepts and research results to non-specialist audiences and senior
management
 Flex your interpersonal skills to translate the complexity of your work into tangible business
goals, and challenge model developers to advance their modeling, data, and analytic capabilities

The ideal candidate is:

 Inquisitive. You thrive on bringing definition to big, undefined problems. You love asking
questions and pushing hard to find answers. You’re not afraid to share a new idea.
 Technical. You’re comfortable with open-source languages and are passionate about developing
further. You have hands-on experience developing data science solutions using open-source
tools and cloud computing platforms.
 Statistically-minded. You’ve built models, validated them, and backtested them. You know how
to interpret a confusion matrix or a ROC curve. You have experience with clustering,
classification, time series, and deep learning.
 Innovative. You continually research and evaluate emerging technologies. You stay current on
published state-of-the-art methods, technologies, and applications and seek out opportunities
to apply them.

Basic Qualifications:

 Degree in statistics, math, engineering, economics, econometrics, financial engineering, finance,

or operations research with a quantitative emphasis preferred
 X years relevant work experience ( 0 – 2 years for Associate, 2+ for SA, 4+ for PA)
 Experience in Python or R

Preferred Skills:

 Proficiency in key econometric and statistical techniques (such as predictive modeling, logistic
regression, survival analysis, panel data models, decision trees, machine learning methods)
 2+ years of experience model development or validation
 2+ years of experience in R or Python for large scale data analysis
 2+ years of experience with relational databases and SQL
 Experience in Financial Risk across any area or Financial Risk Management (FRM) certification
 Strong analytical skills with high attention to detail and accuracy
 Excellent written and verbal communication skills