Data Scientist – Financial Crimes Models & Analytics
Bangalore, Karnataka
Job Description:
Job Title: Data Scientist
The Purpose of this Role
The Financial Crimes Models & Analytics team, within Fidelity’s Enterprise Compliance group, is responsible for the design, development and optimization of the firm’s Financial Crimes detection models. We partner with colleagues across Fidelity to build AI-powered software and data solutions that support Fidelity’s Financial Crimes Compliance programs.
We’re seeking a passionate data scientist to assist with the ongoing transformation of the firm’s Financial Crimes Compliance program. If you’re passionate about data science, technology and working with data to help fight financial crime, then this is an excellent opportunity for you!
How Your Work Impacts the Organization
The Team
Our team has broad responsibility for Fidelity Investments transaction monitoring and sanctions systems across multiple business units. Coverage areas include: Insider Trading, Terrorist Financing, International Money Movement, Global Sanctions & Anti-Corruption, Elder Financial Exploitation, Negative Media screening, Cryptocurrency Trading/TOA monitoring, Market Manipulation, Securities Fraud, Low-Priced Securities, Emerging Risks, etc. Our team uses machine learning principles and new technologies while constantly aspiring to improve Fidelity’s surveillance and screening capabilities.
The Purpose of Your Role
As a Data Scientist, you will focus on researching, developing, and delivering next generation surveillance solutions on a wide range of financial crimes typologies! These include, but are not limited to, market manipulation (equities, options, cryptocurrencies), securities fraud, insider trading, elder financial exploitation, anti-money laundering and terrorist financing.
The Value you Deliver
The Responsibilities of this role
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Research and development of machine learning technologies that identify suspicious transactions and customers
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Work on multiple long/medium-term data science projects concurrently under moderate direction
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Participate in code reviews to enable learning, collaboration and mentoring of other team members
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Make presentations to update team on project progress, research and new findings
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Collaborate with members of the team as well as external teams on the planning, research, design, development and productizing of data science solutions
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Research new machine learning/data science techniques and technologies to improve team knowledge and enhance solutions
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Document research findings and project progress
The Expertise You Have
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Bachelor’s in Computer Science, Mathematics, Computational Statistics or related field and several years of related experience or a master’s degree in a related field
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Strong programming skills including 2+ years’ experience with Python and SQL
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Experience carrying out various aspects of a data science project including exploratory analysis, data cleaning, preparation and annotation, ML pipeline design and development, model evaluation and validation
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Hands-on experience with libraries such as Spacy, NLTK, Stanford NER, scikit-learn, pandas, tensorflow, keras, pytorch, NumPy.
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Hands-on experience working with both supervised and unsupervised machine learning algorithms such as decision trees, isolation forests, autoencoders/neural networks, linear/logistic regression, clustering, etc
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Hands-on experience with general software tools/frameworks such as git, pytest, dbt
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Hands-on experience with some of the following areas: exploratory data analysis, preprocessing and normalization of data, text wrangling, dimensionality reduction, anomaly detection, rare event modeling, statistical analysis, big data manipulation, language modeling, word embeddings, machine learning pipeline architecture
The Skills You Bring
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A balance of research/data science skills combined with solid software engineering design principles, efficiency considerations, and alignment with standard methodologies (Git, documentation, test automation)
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Excellent communication skills
Behavioral Attributes
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Curiosity about the latest advances in machine learning/data science and their applications to the team’s work
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Innovative and analytical problem solver
The Value You Deliver
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Be on the forefront of implementing new technologies into Fidelity’s Anti-Money Laundering & Screening programs
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Positioning the AML & Sanctions Analytics team to continue to protect Fidelity and its clients
How your work impacts the organization
The Financial Crimes Models & Analytics team, within Fidelity’s Enterprise Compliance group, is responsible for the design, development and optimization of the firm’s Financial Crimes detection models. We partner with colleagues across Fidelity to build AI-powered software and data solutions that support Fidelity’s Financial Crimes Compliance programs.
We’re seeking a passionate data scientist to assist with the ongoing transformation of the firm’s Financial Crimes Compliance program. If you’re passionate about data science, technology and working with data to help fight financial crime, then this is an excellent opportunity for you!
Certifications:
At Fidelity, building a better financial future— for everyone— is our mission. For the last 75+ years, our privately-held company has remained committed to supporting our clients throughout their lifelong financial journeys.
Our formula is simple: we support our team, and they support our customers. That culture begins with our employees, whose personal and professional growth is key to our collective success. In keeping with that legacy, our privately-held company offers associates career stability and security, while at the same time encouraging your professional exploration and growth. At Fidelity India, we are proud to continue that legacy. With offices in Bangalore and Chennai, our Indian branch is now celebrating 20 years as a Global Capability Center. To find out more, visit India.Fidelity.com, or our global site at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer, and whenever possible we accommodate applicants with disabilities who need adjustments to complete the application or interview process. Please email us at accommodations@fmr.com or call 800-835-5099 for more information
Benefits Developed for You
From the little things that make every day better to those big-picture, life-changing tools. That’s exactly what you’ll get at Fidelity. We have an amazing package of benefits and programs designed to help you thrive both at and outside of work.
Insurance
Affordable and accessible healthcare benefits for you and your loved ones.
- Coverage of up to INR 300,000 for you along with your spouse/partner, with additional top-up options available
- Insurance covers for parents/in-laws made available at subsidized costs
- Personal accident insurance cover of six times your annual basic salary
- Life insurance cover of eight times your annual basic salary
Wellness
We invest in nurturing healthy habits and promoting overall wellness of our associates through three pillars – Physical, Emotional, and Financial wellness.
Parenting
To help you through the exciting yet demanding times of parenthood, avail of time off and other benefits such as childcare allowance and access to daycare.
Transport
You will have access to free transport services to and from work, subject to residing within our pre-defined boundary limits
Retirement
Finally, like the icing on the cake, we offer benefits that will help you contribute to and invest towards your retirement.
- National Pension System (NPS) offered at Fidelity:
- At Grade 6 and below, Fidelity will match your NPS contribution up to 5% of your basic salary
- At Grade 7 and above, Fidelity contributes 10% of your basic salary towards NPS as part of your compensation structure
- Avail of other statutory benefits such as EPF, VPF and Gratuity
Read more about our Benefits program.
Committed to Continuous Learning
At Fidelity, we are constantly adapting to the changing needs of our customers, new technologies, and better ways of working. And we empower our associates to do the same, with an emphasis on developing skills that will help propel you forward in your career while being able to make an impact for Fidelity’s customers around the world.
We offer a wide range of options including online, in-person, and mentor driven solutions – as well as learning days and job shadow opportunities to expose you to new elements of our business to broaden your experience.
Ongoing Opportunities for Growth
- Free access to thousands of online training resources
- Internal clubs focused on trending topics and associate interests
- Ability to pursue online or in-person technical certifications
Read more about our Learning & Development program.
Connected to Our Communities
At every level of our organization, you’ll find people who are committed to doing their part to make the world a better place. We host events and conduct volunteering activities, encouraging associates across the organization to get involved and make an impact on the lives of people in the communities where we live and work.
Fidelity Cares
- Through our community relations program, we provide associates with several opportunities to actively volunteer and create an impact
- Host numerous company-wide volunteering and awareness events.
- Partner with a number of not-for-profit organizations to benefit our local communities
Year-Round Volunteer Opportunities
- Partner with schools and our not-for-profit organizations on financial literacy programs, career counselling, and online tutoring for students
- Teach employability skills to youth from low-income backgrounds, and conduct mock interviews to prepare them for corporate jobs
- Create joyful learning experiences for primary school children through the ‘Art in Education’ program
- Plant urban mini forests and participate in local cleanup efforts
Read more about our Fidelity Cares community relations program..
