Data Scientist

Momentum Financial Services Group • Toronto, ON

95d • CA$95,000 - CA$105,000 • Hybrid

About The Position

We’re seeking a Data Scientist to develop advanced analytical and machine learning solutions that support credit risk, fraud detection, marketing optimization, and customer segmentation. This role will leverage large-scale data to generate insights, improve decision-making, and drive measurable business impact across the organization.

Requirements

• 2+ years of experience in financial services, credit risk, fraud analytics, or marketing analytics
• 2+ years of experience applying data science to solve business problems
• Strong experience with SQL, Python, R, or similar analytical tools
• Ability to perform descriptive, diagnostic, predictive, and prescriptive analytics
• Strong problem-solving skills with the ability to translate data into actionable insights
• Bachelor’s degree in a quantitative field such as Computer Science, Data Science, Statistics, Mathematics, Economics, Finance, or Engineering
• Proficiency in programming languages such as Python (preferred), R, or SAS
• Strong SQL skills for data extraction and analysis
• Experience with machine learning libraries and statistical modeling

Nice To Haves

• Master's or PhD in a related field is an asset
• Familiarity with NLP and modern AI techniques (e.g., LLMs) is an asset

Responsibilities

• Design, develop, validate, and deploy predictive and prescriptive models across financial products
• Apply machine learning, statistical, and optimization techniques to solve business challenges such as credit risk, fraud detection, pricing, and customer acquisition
• Ensure models are scalable, compliant, and deliver measurable impact
• Analyze large and complex datasets to identify patterns and extract meaningful features
• Improve model performance through data-driven insights
• Partner with data engineers, product teams, risk teams, and business stakeholders
• Translate business needs into data science solutions and communicate insights effectively
• Ensure models align with regulatory requirements and internal governance standards
• Support audit and validation processes
• Monitor model performance and implement enhancements or retraining
• Explore new tools, techniques, and approaches to improve outcomes
• Lead and support projects such as portfolio optimization and customer behavior analysis
• Collaborate across business lines including marketing, operations, and card services

Benefits

• Discretionary Annual Bonus
• Comprehensive Benefits: health and dental plans with 100% of the premiums covered
• Employee Assistance Program
• Retirement Plans
• Tuition assistance
• Professional development
• Discounts through Perkopolis
• Rewards and recognition programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level