Data Scientist Job at Federal Reserve Bank of New York, New York, NY

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  • Federal Reserve Bank of New York
  • New York, NY

Job Description

Company

Federal Reserve Bank of New York

When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system. At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.

Our Unique Work:

The Data & Analytics Office (DAO) at the Federal Reserve Bank of New York drives the enterprise data and analytics strategy for the Bank and owns data policy and governance standards. The DAO is responsible for establishing a data foundation for the Bank, building capabilities while setting standards and measurements for data quality, compliance, security, and retention of our data assets. In addition, the DAO focuses on innovating through and driving advanced analytics in collaboration across the System.

How You’ll Make an Impact as a Data Scientist:

The data scientist has extensive experience applying advanced analytics skills and techniques and can lead other data scientists to build and enable data analytics solutions. In this role, you will contribute in strengthening the relationships with key business stakeholders by translating business problems into analytics use cases and jointly prioritizing those use cases. You will develop accurate, robust, and equitable analytical models utilizing:

  • Cutting-edge ML infrastructure and enterprise cloud architecture

  • AI/GenAI/LLM infrastructure and GPU-accelerated computing

  • Enterprise-scale systems design and optimization

  • Distributed systems (Ray, MPI, Apache Spark, Dask)

  • Kubernetes operations and workload optimization (especially EKS)

  • Cloud platforms (AWS) and HPC environments

  • Network architecture in complex corporate topologies

  • Cloud cost optimization strategies and implementation

  • Performance profiling and optimization techniques

  • Strategic planning and roadmap development

  • Stakeholder management across technical and non-technical audiences

  • Technical communication and translation of complex concepts

The Unique Skill Sets We’re Looking For:

  • Enterprise Architecture; Systems Design

  • Kubernetes; Cloud Computing (AWS/Azure/GCP)

  • Distributed Systems; Ray; Apache Spark; Dask; MPI

  • GPU Computing; AI/ML Infrastructure; LLM Operations; Performance Optimization

  • Cost Optimization; Network Architecture; Leadership

  • Strategic Planning; Stakeholder Management

Other Things to Know:

Salary Range: $170000 - $230000 / year

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.


This position requires possession of or the ability to obtain and maintain national security clearance, which requires U.S. citizenship. Candidates must undergo an enhanced background check and will be tested for all controlled substances prohibited by federal law, to include marijuana.


How We’ll Support You:

Our programs and benefits are designed to support you through all your life stages:

  • Learning & Growing: Educational assistance, career development tools, and stretch opportunities
  • Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more
  • Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center
  • Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program

Our Culture is deeply grounded in our Touchstone Behaviors — By working with us, you’ll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success and set clear expectations for leading with impact at every stage of your career. Learn more.

Apply now if you’re ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here to see all our open roles.

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.


This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Data Analytics Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers ( or through verified Federal Reserve Bank social media channels.

Privacy Notice

Job Tags

Permanent employment, Full time, Temporary work, Work at office, Shift work

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