Data Scientist / Engineer

Data scientists focus on turning raw data into useful information. Their role involves handling vast, often unstructured datasets to uncover hidden patterns, predict future trends, and automate decision-making processes. Data Scientists collaborate with teams across technology and business functions to deliver data-driven solutions that help financial institutions leverage the full potential of data through predictive analytics, automation, and artificial intelligence.

In our sector, Data Scientists work on a wide range of tasks, from algorithmic trading and portfolio optimisation to fraud detection and risk management, relying on a deep understanding of both data science and financial markets.

Key responsibilities

  • Develop and implement data solutions to address business challenges such as fraud detection and sales analytics.
  • Analyse large, unstructured datasets to identify trends, patterns, and actionable insights that drive strategic decision-making.
  • Collaborate with data engineers and business teams to integrate predictive models into financial systems and operations.

Important Skills and Competencies

  • Data Analytics: Ability to work with large datasets, including data preprocessing, feature engineering, and applying machine learning techniques to solve complex problems.
  • Technical Knowledge: Strong proficiency in programming languages like Python, R, and SQL, with experience in machine learning libraries such as TensorFlow, PyTorch, or Scikit-learn.
  • Numeracy: Expertise in statistical analysis, predictive modelling, and data visualisation to communicate findings effectively.

Related skills

Data Analytics

Proficiency in data analysis tools such as Excel, SQL, Python, and advanced statistical methods is essential. Analysing financial data to… read more

Machine Learning and AI

Machine Learning (ML) and Artificial Intelligence (AI) involve using data and algorithms to build models that enable computers to perform… read more

Computing / IT

Computing and IT encompass the technical knowledge required to manage, maintain, and develop an organisation’s technology infrastructure. This includes proficiency… read more

Analytical skills

Analytical skills involve the ability to collect, interpret, and analyse data to solve problems, make decisions, and understand complex issues. read more

Numeracy

Numeracy is the ability to understand and work with numbers, including skills like basic arithmetic, data analysis, and statistical reasoning. read more

Problem solving

Problem-solving is the ability to identify, analyse, and find effective solutions for complex issues and challenges. read more

Sense making

Sense making is the ability to interpret complex information and understand its deeper meaning. This skill is crucial in the… read more

Continuous learning

Continuous learning refers to the ability to continually acquire new knowledge and skills throughout one’s career or life. read more

Curiosity

Curiosity is the desire to learn or know more about something, driven by a sense of wonder and the need… read more

Related employers

Relevant specialisations

Further Education 


Course:

Introduction to Data Storytelling with Excel (SCQF level 5)


Study:

Online

Further Education 


Course:

Introduction to Digital and Data Innovation (SCQF level 6)


Study:

Online

Undergraduate 


Course:

BSc (Hons) Computer Science (Data Science)


Study:

In-Person

Further Education 


Course:

Digital and Data Innovation (SCQF level 7)


Study:

Online

Apprenticeships 


Course:

BSc (Hons) Data Science (Graduate Apprenticeship)


Study:

Online

Apprenticeships 


Course:

BSc (Hons) Graduate Apprenticeship AI and Data Science


Study:

In-Person

Apprenticeships 


Course:

BSc (Hons) Data Science (GA)


Study:

Online

Postgraduate 


Course:

MSc Data Science (full-time) / (part-time)


Study:

In-Person

Undergraduate 


Course:

BSc (Hons) Data Science – Undergraduate, Full-time


Study:

Online

Undergraduate 


Course:

BSc Computer Science (Data Science and AI)


Study:

In-Person

Undergraduate 


Course:

BSc Data Science


Study:

In-Person

Postgraduate 


Course:

MSc Data Science


Study:

Online

Relevant course providers

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