Principal Data Scientist

Posted 16 Hours Ago
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New York, NY
Hybrid
Senior level
Fintech • News + Entertainment • Software • Database • Financial Services
The Role
The Principal Data Scientist is responsible for building data acquisition pipelines, utilizing various R frameworks for data processing and analysis, implementing data preprocessing techniques, executing machine learning models, generating visualizations, and deploying scalable models within the company’s infrastructure.
Summary Generated by Built In

Octus

Octus is a leading global provider of credit intelligence, data, and analytics. Since 2013, tens of thousands of professionals across hedge fund, investment banking, management consulting, and law firm verticals have come to rely on Octus to make better, faster, and more confident decisions in pace with the fast-moving credit markets.
For more information, visit: https://octus.com/

Working at Octus

Octus hires growth-minded innovators and trailblazers across the globe to drive our business and culture. Our core values – Action Oriented, Customer First Mindset, Effective Team Players, and Driven to Excel – define an organizational ethos that’s as high-performing as it is human. Among other perks, Octus employees enjoy competitive health benefits, matched 401k and pension plans, PTO, generous parental leave, gym subsidies, educational reimbursements for career development, recognition programs, pet-friendly offices (US only), and much more. 
Role

Job Description:

  • Build pipelines for data acquisition by writing code for querying huge amounts of unstructured textual data from a variety of data sources like Financial SEC filings of publicly traded companies, private & public company press releases, co. transcripts, bond offering memorandum docs, etc.  using Elasticsearch & RMySQL frameworks in R & database software like HeidiSQL to query databases like MySQL & MongoDB.
  • Utilize frameworks like XML, rjson, pdftools in R to parse & process data from different sources & formats incl. .pdf, XML, json, csv etc. & store it in a structured & organized format for data processing, analysis, & modeling.
  • Devise & implement processes to perform data preprocessing & assessment of data quality text processing & statistical techniques incl. imputation to handle missing data, data type conversions to maintain consistency in data integration, dimensionality reduction, normalization, feature aggregation, encoding, etc.
  • Leverage frameworks in R incl. OpenNLP, Quanteda, tm, text2vec to provide comprehensive functionality for text analysis & natural language processing. Utilize frameworks daily for a variety of tasks incl. corpus creation & management, tokenization, formulation of doc. feature matrices, parts-of-speech tagging, entity extraction, etc. to generate analysis for data exploration, engineer features, formulate details of the model, & overall bld. robust frameworks for projects.
  • Execute defined frameworks for project that req. data-driven solutions by building, execute, & test various data science models or enhance existing models using text mining & machine learning algorithms. Track & monitor model’s performance by testing & debugging when req. Incorporate feedback, business requests from stakeholders to continually improve & enhance workflow & performance. 
  • Conceptualize & build supervised &/or unsupervised models from structured &/or unstructured text data.
  • Generate static & interactive data visualizations using frameworks & tools incl. ggplot, Shiny, d3.js to share & present complex ideas, results, project takeaways w/ tech. & non-tech. stakeholders.
  • Review, evaluate, & communicate recommendations on modeling techniques & results to team, leadership, & stakeholders. Develop case studies using model output & suggest ways insights might be used.
  • Deploy models in real-time by writing production-level code for scalable models & integrating it w/in the company’s data infrastructure.
  • Collaborate & participate w/ different business units across the company to identify areas where data science can be used to automate manual processes.
  • Mentor & lead new & junior members of the team.
  • Formulate & implement ideas at intersection of distressed debt investing & data science, develop credit-risk models & transform into data products.

Education and Experience: Requires a Master’s degree in Data Science and 4 years of experience in job offered or 4 years of experience in the Related Occupation.  Experience can be pre or post degree.

Related Occupation: 

2 years of experience as a Data Scientist or any other job title performing the following job duties:

  • Build pipelines for data acquisition by writing code for querying huge amounts of unstructured textual data from a variety of data sources like Financial SEC filings of publicly traded companies, private & public company press releases, co. transcripts, bond offering memorandum docs, etc.  using Elasticsearch & RMySQL frameworks in R & database software like HeidiSQL to query databases like MySQL & MongoDB.
  • Utilize frameworks like XML, rjson, pdftools in R to parse & process data from different sources & formats incl. .pdf, XML, json, csv etc. & store it in a structured & organized format for data processing, analysis, & modeling.
  • Devise & implement processes to perform data preprocessing & assessment of data quality text processing & statistical techniques incl. imputation to handle missing data, data type conversions to maintain consistency in data integration, dimensionality reduction, normalization, feature aggregation, encoding, etc.
  • Leverage frameworks in R incl. OpenNLP, Quanteda, tm, text2vec to provide comprehensive functionality for text analysis & natural language processing. Utilize frameworks daily for a variety of tasks incl. corpus creation & management, tokenization, formulation of doc. feature matrices, parts-of-speech tagging, entity extraction, etc. to generate analysis for data exploration, engineer features, formulate details of the model, & overall build robust frameworks for projects.
  • Execute defined frameworks for project that req. data-driven solutions by building, execute, & test various data science models or enhance existing models using text mining & machine learning algorithms. Track & monitor model’s performance by testing & debugging when req. Incorporate feedback, bus. requests from stakeholders to continually improve & enhance workflow & performance. 

and 2 years of experience as an Analyst or any other job title performing the following job duties:

  • Evaluating alternative datasets like – Consumer Transactional, Email Receipt, URL Clickstream, OTA Pricing/Booking, Import/Export Shipments, Geolocation data & performing analysis to study & track market shifts, industry trends, & user dynamics. Generating actionable insights used in developing the investment thesis for the Long Short Equity Strategy.
  • Utilizing PostgreSQL & Microsoft SQL Server for database querying, data retrieval, pre-processing & tagging.
  • Performing predictive analytics on big data which incl - data munging, data validation, normalization, regression analysis, back testing, data visualization using tools like Python, SQL, Excel, & Tableau. Identifying abnormalities & opportunities & recommending trades to the trading desk.
  • Building predictive models to forecast co. KPIs like “Revenue”, “Orders/Transaction Volume”, “Attendance”, etc. for publicly traded co. in the US Consumer sector. Developing techniques to analyze user retention & churn & built models that predict subscribers for co. in the OTT streaming & Cable sector.
  • Developing novel data-driven processes using natural language processing techniques onto alternative data to drive qualitative analyses & building KPI prediction models - like development. Leveraging natural language processing & machine learning algorithms.

At Octus, we consider a range of factors in connection with compensation decisions, including experience, skills, location, and our business needs and limitations. As a result, compensation may vary within and across similar roles and positions. Please note that the salary range information below is a good faith estimate for this position and actual compensation for any individual may fall outside this range if warranted by the circumstances applicable to that individual. If we identify a role that would be suitable for a broader range of skills and experience such that we would consider hiring at multiple levels then the range listed below may reflect that breadth.

The salary range estimate for this position is $170,373 to $210,000. 

The actual compensation will be at Octus' sole discretion and will be determined by the aforementioned and other relevant factors. This position is eligible for additional commission-based compensation.

Equal Employment Opportunity

Octus is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, pregnancy, veteran status, or any other legally protected status. We strive to create an inclusive and diverse work environment where all individuals are valued, respected, and treated fairly. We believe that diversity enriches our workplace and enhances our ability to innovate and succeed.

Top Skills

R
The Company
HQ: New York, NY
708 Employees
Hybrid Workplace
Year Founded: 2013

What We Do

Founded in 2013, Reorg has fundamentally changed the way financial and legal professionals access complex and opaque business information.

Our unique editorial team combines reporting with financial and legal analysis to provide a holistic view of topical situations and delivers that view in real time through our proprietary platform, which is powered by machine learning and natural language processing applications.

Today, with offices on three continents, Reorg serves 26,000 professionals across the world’s leading hedge funds, asset managers, investment banks, law firms and financial advisors so they can make better business, investment and advisory decisions. Our vision is to be the best-in-class provider of complex and opaque credit information delivered in a clear, actionable way.

Why Work With Us

Reorg hires innovators and trailblazers across the globe to drive our business and our incredible corporate culture alike. Our core values define an organizational ethos that’s as high-performing as it is human. Reorg employees enjoy competitive health benefits, matched 401k and pension plans, and educational reimbursements for career development.

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Octus Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Reorg has adopted a hybrid working policy. For non-remote employees located within a reasonable commuting distance to one of our offices, the requirement is to work from the office at least 2 days per week.

Typical time on-site: 2 days a week
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