At a Glance
- Tasks: Design and develop pricing models, forecast deposit balances, and translate data insights for leadership.
- Company: Join Atom bank, a forward-thinking bank revolutionising finance for customers.
- Benefits: Enjoy a £45k salary, 4-day work week, generous pension, and personal development fund.
- Other info: Collaborative environment in Newcastle with excellent career growth opportunities.
- Why this job: Be part of a mission to reshape banking with innovative data solutions.
- Qualifications: Proficient in Python or R, with strong communication skills and a passion for data.
The predicted salary is between 63000 - 77000 £ per year.
We’re Atom bank, the bank that’s on a mission to make finance faster, simpler and way more human. We’ve ditched the stuffy banking model to build something that actually works for our customers, whenever and wherever they need us. To make this happen, we’re looking for like-minded people who can help us reach our goals and think differently. If you’re ready to build the future of banking, we’d love to meet you. We really value in-person collaboration so this role requires weekly time in our Newcastle office.
Atom is looking for a Commercial Data Scientist to bridge the gap between our Data Science and Commercial Savings teams. You won’t just be crunching numbers in a silo. Reporting to the Head of Savings, you will use sophisticated statistical modelling to understand customer deposit behaviour, build price elasticity models, and directly inform our pricing and brand strategies. We need a storyteller who codes - someone who can build robust machine learning models and then clearly explain the “why” to non-technical stakeholders.
What you’ll be doing:
- Behavioural & Pricing Models: Design and develop sophisticated pricing and elasticity models to inform product development and competitive positioning.
- Forecasting & Production: Develop robust forecasting models for deposit balances and successfully deploy them into production environments.
- Commercial Impact: Identify stable funding sources to optimise the bank’s funding mix and support regulatory liquidity.
- Translating Data: Act as the bridge between technical and commercial teams, synthesising complex data into actionable insights for leadership.
What do we need from you?
- Deep proficiency in Python or R for statistical modelling and data manipulation.
- Proven experience not just building models on a desktop, but deploying them into production environments using software best practices.
- You ask “why,” challenge the status quo, and look beyond the surface of the data.
- Exceptional communication skills with the ability to translate complex statistical concepts for a non-technical audience.
- Financial services experience is great, but not required. If you have consumer pricing or elasticity experience from retail, telecoms, or other regulated industries, we want to hear from you.
What you’ll get from us:
- Salary of £45k
- Discretionary cash bonus based on company & individual performance
- 4-day work week
- Incredibly generous company pension scheme (maximum of 13% of Atom input – you can put in more)
- ‘All About Me’ fund: £200 per year to spend on personal development.
- 22.5 days annual leave plus public holidays
- Private Medical Insurance, Health Cash Plan & Life Insurance
- Enhanced Parental Leave
- Electric Vehicle Scheme
PLEASE NOTE: You must have the legal right to work in the UK to apply for this role as Atom is unable to support Visa Applications/Sponsorship. Atom is an equal opportunities employer. We value you as an individual and therefore disregard race, religion/belief, gender, sexual orientation, maternity/pregnancy, age, gender reassignment, marriage/civil partnership and disability in any hiring decisions we make. Atom will always adhere to the Equality Act 2010. All roles within Atom must adhere to the Conduct Rules as set out by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA). As part of Atom bank’s commitment to the FCA’s Consumer Duty, Atom will take all reasonable steps to avoid causing foreseeable harm to customers, take all reasonable steps to enable customers to pursue their financial objectives and act in good faith.
Commercial Data Scientist in Newcastle upon Tyne employer: Atom bank
At Atom bank, we pride ourselves on fostering a dynamic and innovative work environment that champions collaboration and creativity. As a Senior Software Development Engineer in Test, you'll not only lead the charge in quality assurance but also enjoy a flexible hybrid working model, a generous pension scheme, and a commitment to your personal development with our 'All About Me' fund. Join us in Newcastle and be part of a forward-thinking team that's reshaping the future of banking while enjoying a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Data Scientist in Newcastle upon Tyne
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Join professional bodies related to data science, like the Data Science Society or similar organisations. Getting involved can lead to mentorship opportunities and insider knowledge about full-time positions at companies like Atom bank.
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We think you need these skills to ace Commercial Data Scientist in Newcastle upon Tyne
Some tips for your application 🫡
Show Off Your Projects:In the world of data science, your projects can speak volumes about your skills. Make sure to showcase a few key projects in your CV or portfolio, especially those that highlight your ability to work with data sets, build models, or use relevant tools like Python, R, or SQL. Don’t forget to include links to any GitHub repositories if applicable!
Quantify Your Achievements:Employers love numbers! When drafting your CV, highlight your achievements with quantifiable results. For instance, mention how your data analysis led to a certain percentage increase in efficiency or revenue at a previous job or project. These details can really make your application pop!
Craft a Tailored Cover Letter:For a full-time role at Atom bank, your cover letter should reflect your passion for data science and your excitement about the specific projects or values of the company. Dive into why you’re a good fit, how your skills align with their needs, and any unique perspectives you can bring to the team.
Stand Out with Relevant Courses and Certifications:Although experience talks, relevant courses or certifications can be your ticket to impressing hiring managers at Atom bank. Mention any standout courses you've completed that equipped you with essential skills, such as machine learning certifications or data visualisation courses. This shows your commitment to continuously developing your skills in the field!
How to prepare for a job interview at Atom bank
✨Brush Up on Your Statistics
For a data science role, we need to seriously sharpen our statistics skills. Get ready to tackle technical questions on probability distributions, hypothesis testing, and regression analysis. These are often the bread and butter of data science interviews, so don't just skim over them!
✨Showcase Your Projects
Prepare a killer portfolio showcasing your data science projects. We should include details about the datasets used, the tools and techniques applied, and the impact of your findings. If we can walk them through a particularly challenging project or a cool visualisation that had real-world implications, it’ll really make us stand out!
✨Get Comfortable with Python and R
Most data science positions require us to be proficient in programming languages like Python and R. We should practice common libraries like pandas, NumPy, and scikit-learn, and be ready for live coding exercises or algorithm questions. Showing off our coding chops can really impress the interviewers at Atom bank!
✨Prepare for Case Studies
Expect to encounter real-world case studies during the interview. We might be asked how we’d approach a data problem or analyse a dataset to extract insights. It's essential to think out loud and demonstrate our problem-solving process so that the interviewer can see our logical thinking in action.
