Principal Data Scientist, Assistant Vice President
State Street
About the job
The State Street Global Advisors (SSGA) - Global Head of Data, Analytics & AI Services (GHDAAIS) is seeking to hire a Principal Data Science, Assistant Vice President at Hangzhou office. This role will play an important role in leading the solution delivery of AI technology services provided to the Global Advisors business at State Street. The role will be a key player in the DAAIS organization for AI services supporting the COO’s organizational delivery of the AI platforms in a federated model to Global Advisors, State Street, and our clients. The role will function as the AI specialist and solution lead for AI related services working closely with the State Street affiliates, Global Technology Services (GTS) and other third-party vendors used within the SSGA ecosystem globally. The role and the team will provide AI architectural solution to the COO’s delivery of technology platforms and services according to the GTS architectural standards and operate under a federated operating model to deliver against a target end state AI ecosystem blueprint. In addition, the role needs to adopt GTS AI related technology, risk, security, and data governance standards.
This is a principal data scientist role for candidate who has very strong hands-on foundational AI solution design and development experience, as well as strong team collaboration skills and leadership. The candidate should have rich experience for AI application development. The candidate has 5+ years of experience in asset management. This is someone who also has demonstrable leadership in developing service-oriented AI solution, has delivered enterprise platform and/or commercialized AI product. The candidate has excellent technical and problem-solving skills, someone with creativity and self-motivation to deliver on mission critical projects with tight timelines and competing priorities.
Responsibilities:
- Lead a small agile team to deliver highly effective AI solution to meet our fast-changing business and client needs, collaborate with global teams to execute on global projects and keep improving model solution and AI best practices.
- Adopt various modern AI tools to design and develop AI solution and disrupt traditional AI development approach and improve overall productivity.
- Develop, train, and mentor junior data scientists, ensure their continuous growth and development, and foster a high-performance team culture.
- Become subject matter expert in modern AI tools, foundational AI model design, development, and validation by converting financial data and models to mathematical and computer science level design and implementation.
- Integrate, customize, and train known AI model and algorithm in open-source libraries to solve financial market problem and perform validation and bug fixes.
- Drive model rationalization, reusability, scalability and implement modern MLOps and model observability.
- Write model specification about problem statement, assumption, data input, methodology, implementation framework, and test result; work with external model validation group and implement changes for go-live.
- Support IT integration, QA/UAT and deployment of AI micro services, operationalizing and productizing resulting models and AI solutions.
- Support production issue pertinent to model and algorithm including the ones used in open-source libraries if any.
Skills and Qualifications:
- Master’s degree required (preferably in computer science, financial mathematics, and financial engineering), PhD preferred.
- 8+ years of hands-on coding experience with foundational AI algorithms and familiar with deep learning neural network like various supervise and unsupervised models and reinforcement learning.
- 8+ years of modern, object-oriented or functional programming and design experience (Python, Java) and proficient in AI code generation tools like GitHub Co-pilot/Cursor.
- Proficient in public cloud development environment and could native products such as Azure ML, Azure AI Foundry, Snowflake, Databricks Mosaic, or AWS Bedrock/Sagemaker.
- Familiar with major financial instrument, reference data, market data, investment and risk management concept.
- Fluent with English and Mandarin; Excellent written and verbal communication skills at all stakeholder levels across multiple countries.
- Result driven, detail oriented, candid attitude.
Any of the following is highly desirable:
- Prior data scientist role in financial institution and model validation experience.
- Prior risk and investment management experience in asset management industry.
- Structured and unstructured data management tools (Snowflake, Databricks, PostgreSQL, Hadoop, etc.).
- Passed Charted Financial Analyst (CFA) level II or equivalent.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers