Data Scientist - Director - Data & Analytics Engineering

Reposted 9 Days Ago
Be an Early Applicant
Bengaluru, Bengaluru Urban, Karnataka, IND
In-Office
Senior level
Fintech • Financial Services
The Role
Develop and monitor statistical and machine learning models for fraud risk detection. Responsibilities include exploratory data analysis, dataset construction, feature engineering, model training, validation, performance assessment, technical documentation, and model governance. The role addresses imbalanced and evolving fraud data, diagnoses model degradation, and recommends recalibration or redevelopment. It also provides technical guidance to junior data scientists and engineers.
Summary Generated by Built In

Morgan Stanley is seeking a Data Scientist to join the CDRR Technology team within the Fraud Department. The position is responsible for the development of statistical and machine learning models used to identify, assess, and mitigate fraud risk across Morgan Stanley products.


The successful candidate will independently execute model development assignments, including exploratory data analysis, analytical dataset construction, feature engineering, algorithm selection, model training, performance evaluation, and technical documentation. The role requires demonstrated expertise in the mathematical and statistical foundations of classical supervised and unsupervised machine learning methods and the ability to apply those methods to large, complex, and imperfect real-world datasets.


This is a Director-level individual contributor position and does not include formal people-management responsibilities. The individual will manage assigned model development projects with guidance from senior members of the team. The individual will also provide technical guidance and mentoring to junior Data Scientists and Data Engineers.


Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.


What you'll do in the role:

●        Independently execute end-to-end model development, including technical documentation.

●        Develop and evaluate models for highly imbalanced, non-stationary, and adversarial environments where fraud patterns, customer behaviour, and operational processes evolve over time.

●        Apply statistical and mathematical principles to model selection, validation, and performance assessment, including the treatment of class imbalance, overfitting, data leakage, missing data, and model stability.

●        Monitor deployed models, diagnose performance degradation, assess emerging fraud patterns, and recommend recalibration, redevelopment, threshold changes, or retirement as appropriate.


What you'll bring to the role:

●        6+ years of professional experience in data science, machine learning, statistical modeling, or quantitative analytics.

●        Demonstrated depth of knowledge in statistical inference, probability, sampling, hypothesis testing, regularization, bias-variance trade-offs, optimization, feature selection, dimensionality reduction, model calibration, and statistical diagnostics.

●        Hands-on experience performing exploratory data analysis, constructing analytical datasets, and engineering features from large, complex, and imperfect real-world data.

●        Advanced proficiency in Python and SQL, and experience with Hadoop, Hive, Impala, Spark, or PySpark.

●        Experience designing statistically valid training, validation, and testing approaches and evaluating models using appropriate performance, calibration, stability, and diagnostic measures.

●        Demonstrated ability to independently manage model development assignments and produce technical documentation suitable for review and governance.

●        Excellent written and verbal communication skills. Including the ability to communicate complex analytical methods and results to technical and non-technical stakeholders.


Good to have:

●        Experience developing machine learning or statistical models for fraud detection, financial crime, transaction monitoring, payment risk, or anomalous-behavior detection.

●        Experience analyzing high-volume transactional, account, client, or behavioral data within financial services.

●        Knowledge of fraud typologies, risk indicators, and security issues applicable to banking or Wealth Management.

●        Experience developing models within a regulated environment subject to Model Risk Management, validation, documentation, and governance requirements.

●        Experience with data-visualization and reporting tools such as Tableau.lmk

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Skills Required

  • 6+ years of professional experience in data science, machine learning, statistical modeling, or quantitative analytics
  • Deep knowledge of statistical inference, probability, sampling, hypothesis testing, regularization, bias-variance trade-offs, optimization, feature selection, dimensionality reduction, model calibration, and statistical diagnostics
  • Hands-on experience with exploratory data analysis, analytical dataset construction, and feature engineering using large, complex, imperfect real-world data
  • Advanced proficiency in Python and SQL
  • Experience with Hadoop, Hive, Impala, Spark, or PySpark
  • Experience designing statistically valid training, validation, and testing approaches
  • Experience evaluating models using performance, calibration, stability, and diagnostic measures
  • Ability to independently manage model development assignments and produce technical documentation suitable for review and governance
  • Excellent written and verbal communication skills, including communicating complex analytical methods to technical and non-technical stakeholders
  • Experience developing machine learning or statistical models for fraud detection, financial crime, transaction monitoring, payment risk, or anomalous-behavior detection
  • Experience analyzing high-volume transactional, account, client, or behavioral data within financial services
  • Knowledge of fraud typologies, risk indicators, and security issues applicable to banking or wealth management
  • Experience developing models in a regulated environment subject to model risk management, validation, documentation, and governance requirements
  • Experience with data visualization and reporting tools such as Tableau

Morgan Stanley Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Morgan Stanley and has not been reviewed or approved by Morgan Stanley.

  • Healthcare Strength — Health coverage is characterized as comprehensive, with medical, dental, vision, and added supports like One Medical and mental-health sessions. Feedback suggests the overall package is strong to excellent for a large financial-services employer.
  • Retirement Support — Retirement programs include a 401(k) with company matching and related financial benefits. These features are frequently highlighted as part of a broad, competitive package.
  • Parental & Family Support — Family benefits are noted for generous paid parental leave, fertility support, and caregiver leave. Feedback suggests these offerings stand out as a strength within the package.

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The Company
HQ: New York, NY
87,899 Employees

What We Do

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide its more than 60,000 employees in 1,200 offices across 41 countries.

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