Data Scientist

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

Data Science
St. Louis, MO, USA
Posted on Wednesday, July 26, 2023


Federal Reserve Bank of St. LouisThe Supervision Division of the Federal Reserve Bank of St. Louis oversees banking institutions and provides central bank services in the 8th District. The Supervision Division’s Digital Transformation Consulting (DTC) team helps solve business problems to inform business decisions by using data science techniques, such as statistical models and machine learning, to automate manual tasks, provide insights, increase efficiency, and build forecasting capabilities.

We are looking for an experienced Data Scientist to work within the DTC team to conceive, design, and implement intelligent solutions for partners across a variety of subject matter domains. You will report to a manager and work onsite in the St. Louis office. DTC is a growing unit where team members participate in setting a strategic direction, market our products to potential clients, and communicate capabilities with stakeholders.


  • Transform raw data into data-driven insights and recommendations through use of data science and analytics modeling and programing tools.
  • Implement a variety of machine learning solutions (classification, regression, clustering, reinforcement learning, natural language processing) across a broad domain of financial and operational datasets.
  • Build data warehouses to promote analysis of large-scale internal and public data.
  • Partner with Data Engineering to create well-structured, organized, and easily accessible data.
  • Present information to a variety of technical and non-technical audiences, including written reports, visual presentations, and executive summaries.
  • Collaborate with other data analytics teams across the System to implement solutions on an enterprise-wide basis.


  • Bachelor’s degree in Statistics, Economics, Mathematics, Computer Science or other analytical/quantitative programs.
  • 5 years applied experience in a professional setting, with a focus on data science and analytics.
  • Extensive experience with scripting languages like R or Python, and database solution languages like SQL.
  • Experience developing dashboards using RShiny, dash, and other data visualization tools.
  • Hands on experience developing analytical tools. Experience working with targeting tools and databases.
  • Experience deploying solutions to server and cloud platforms, including data security management.
  • Candidates with less experience may be considered at a lower job grade or salary.
  • US Citizenship or lawful permanent resident intending to become a citizen who meets certain other requirements.

Total Rewards

Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

Salary: $70,000 - $110,000

In addition to competitive compensation, we offer a comprehensive benefits package that all brought together in a flexible work environment where you can truly find balance:

  • Generous paid time off
  • Flexible on-site work arrangements
  • Tuition & Training assistance/reimbursement
  • 401(k) match and Annuity/Pension fund
  • Top-notch health care benefits
  • Child and family care leave
  • Professional development opportunities
  • And more...

Ranked as the #2 Top Workplace in the St. Louis Region in 2020, the Federal Reserve Bank of St Louis is committed to building an inclusive workplace, where employees' diversity—in age, gender, race and ethnicity, sexual orientation, gender identity or expression, disability, and cultural traditions, religion, life experiences, education and socioeconomic backgrounds—are recognized as a strength. Learn more about the Bank and its culture; check out our Careers Site.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer.

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.

All candidates must undergo a background check and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category

Information Technology

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

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