Lead Data Scientist

The Federal Reserve

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Quick summary

Work type
On-site
Location
Boston, MA
Employment
Full-time
Posted
165 days ago
Freshness
Confirmed live today

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Salary context

How this pay compares to similar roles

Similar $176k
$107k $238k
below market most similar roles pay here above market

This listing doesn't post a salary. Most similar roles pay $142,250–$208,800.

Based on 240 similar postings.

Employer

About The Federal Reserve

The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations.

The Federal Reserve currently has 33 open roles on FindRole.

Listed pay typically runs $113,250–$158,300 across 12 roles with salary data.

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View all roles at The Federal Reserve

At a glance

TL;DR · Lead Data Scientist

JOB TITLE: Lead Data Scientist The Lead Data Scientist will spearhead data science projects and guide a team of data scientists and engineers within the Economics/Research Family Group. This role involves collaborating with engineering, IT, and research stakeholders to develop data-driven strategies, implement data platforms, and design software for modular, reusable research scripts. Key responsibilities include designing advanced statistical models, machine learning algorithms, and data processing techniques to answer complex research questions. The candidate must utilize Python, R, Stata, and SQL, alongside frameworks like Apache Spark and Apache Airflow. Proficiency in AWS services, Ansible, Terraform, and Linux is required. The role solves technical problems by translating research needs into models involving clustering, regression, neural networks, and LLMs, while ensuring data governance and reproducible research workflows for economic analysis.

What you'll do

  • Lead and mentor a team of data scientists and engineers to achieve department goals.
  • Define and drive the overall data science strategy for the organization.
  • Oversee multiple data science projects from inception to completion to ensure timely delivery.
  • Design and develop modular, efficient, and reusable software scripts or packages for research.
  • Implement advanced statistical models, machine learning algorithms, and data processing techniques.
  • Collaborate with economists and stakeholders to translate research needs into technical solutions.
  • Oversee data collection, storage, and processing to ensure quality, governance, and security.
  • Develop dashboards and visualizations to provide actionable insights to stakeholders.

What we're looking for

  • Minimum B.Sc. in Computer Science with Statistics or Mathematics.
  • Advanced degree preferred.
  • Minimum of 7 years of experience in data science.
  • Minimum of 3 years of experience in a technical leadership role.
  • Proficiency in modern statistical and general-purpose programming languages including Python, R, Stata, and SQL.
  • Expertise in data analysis, machine learning, statistical modeling, and big data technologies.
  • Familiarity with Apache Spark, Apache Airflow, AWS, Ansible, Terraform, and Linux.
  • Must be a U.S. citizen or lawful permanent resident alien with at least three years of U.S. residency.

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