Lead Data Scientist

The Federal Reserve

Actively hiring Verified listing
Boston, MA Posted 14 days ago $167,000–$208,800 / year
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At a glance

AI generated

TL;DR

As the Lead Data Scientist at the Federal Reserve Bank of Boston, you will guide a team of data scientists and engineers in developing and implementing advanced data-driven strategies and solutions to support economic research and financial stability initiatives across New England. Your daily tasks include overseeing multiple projects from inception to completion, designing statistical models and machine learning algorithms, and collaborating with economists and IT teams to ensure high-quality deliverables that meet business needs. You will leverage tools such as Python, R, Apache Spark, AWS services, and GitLab to manage data platforms and analytics solutions while maintaining best practices for data governance and security. With a strong background in statistical methods and machine learning, you will stay current with industry trends and promote innovation within the team, fostering a culture of continuous improvement and excellence.

Skills

Python R Apache Spark AWS Terraform Git Linux SQL Apache Airflow Ansible CI/CD Docker Kubernetes PostgreSQL Prometheus Grafana

What you'll do

  • Lead and mentor a team of data scientists and engineers to drive data science projects.
  • Define and implement data-driven strategies aligned with department goals and objectives.
  • Design and develop software solutions using modular, efficient, reusable, and maintainable code.
  • Develop advanced statistical models and machine learning algorithms for complex datasets.
  • Oversee data collection, storage, and processing to ensure high-quality and secure data management.
  • Collaborate with economists and stakeholders to deliver data-driven solutions that meet business needs.

What we're looking for

  • Minimum 7 years of data science experience, including at least 3 in technical leadership.
  • Proven track record of leading successful data science projects and teams.
  • Expertise in statistical analysis, machine learning, and advanced modeling techniques.
  • Proficiency in Python, R, SQL, Apache Spark, AWS services, and Git.
  • Strong problem-solving skills with ability to communicate complex insights effectively.
  • Demonstrated leadership, collaboration, and project management abilities.

Market check

Salary context

This $167,000–$208,800 range sits above 72% of similar postings on FindRole.

Peer median band

$108,000–$220,000

Median floor and ceiling across peers.

Typical midpoint (25–75%)

$126,800–$195,442

Middle half of comparable postings.

Based on 240 comparable postings.

* 240 is the maximum number of comparable postings sampled.

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 32 open roles on FindRole.

Listed pay typically runs $160,000–$212,700 across 27 roles with salary data.

Most-posted roles

View all roles at The Federal Reserve

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