Data Scientist, AI Development

Posted 2 Hours Ago
Be an Early Applicant
6 Locations
In-Office
100K-250K Annually
Entry level
Financial Services
The Role
Designs AI solutions for fund administration workflows, selecting models, prompts, retrieval, agents, rules, or human review. Builds evaluation datasets and metrics, runs offline and pilot evaluations, analyzes failure patterns, measures accuracy, efficiency, and cost savings, and packages successful approaches into reusable patterns.
Summary Generated by Built In

About the team

Ultimus is investing in AI to transform how fund administration work gets done, from generative AI assistants, intelligent document processing and machine learning to a growing set of agentic AI workflows. Our AI Development teams are small, cross-functional groups of AI engineers, data scientists, data engineers and AI analysts who partner closely with our operations experts to redesign key workflows and build the AI solutions that support them, with AI agents an increasingly important part of that work. They are backed by a dedicated AI Infrastructure team and a shared enterprise AI platform.

About the role

As Data Scientist in an AI Development pod you design the AI approach for each workflow and prove that it works. You shape the models, prompts and agent logic, and you own how we measure accuracy, quality and savings.

What you'll do

  • Work with operations experts to break a workflow into steps and decide where AI models, AI agents, rules or people should handle each one.
  • Design the right AI approach for each task, whether predictive models, LLM prompts and retrieval, or agent reasoning, and select the right models.
  • Build evaluation sets and metrics (accuracy, exception rates, review time) and run offline and online evaluations before and during pilots.
  • Analyze pilot results, find failure patterns and improve the solutions until they meet the targets to go live.
  • Measure the time and cost saved by each workflow and report results to the program team.
  • Package what works into reusable patterns for the next workflow.

Ultimus is an equal opportunity employer and does not discriminate on the basis of the applicant’s or employee’s race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.

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The Company
1,200 Employees
Year Founded: 1999

What We Do

Ultimus Fund Solutions is an independent provider of full-service, technology-enhanced fund administration, accounting, and investor solutions. It serves fund and asset managers through post-trade administration and investment-operations support, including fund accounting, transfer-agent and shareholder services. Its platform supports public, private, and hybrid investment vehicles, and the company administers mutual funds, hedge funds, and private-equity funds with integrated technology and high-touch client service.

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