Job description
Hybrid: Remote and onsite reporting expected.
Please note that Education and/or relevant Experience will be used to determine the appropriate salary and salary grade.
Data Scientist Associate
Data Scientist
Position Summary
This position is responsible for working within the Market Risk Analytics team on data analysis projects, building statistical and other mathematical risk models, performing analysis, interpreting results, and developing actionable insights and recommendations to measure the financial risks for use across the company. This includes data mining, data auditing, aggregation, validation, reconciliation, and visualization. With primary focus on AEP’s commercial units, this position is accountable for developing a deep understanding in energy trading, procurement, and renewable energy (primarily Solar & Wind) activities. This position must have a working knowledge of analytics and statistical software such as SAS, SQL, Python, R, Tableau and others to perform analysis and interpret data.
Position Duties
Assists with the development of basic analytical tools to solve high-value business problems across AEP
Utilize analytical tools and data management skills to provide actionable business intelligence
Acquire business knowledge across the organization and utilize knowledge to assist in development of meaningful analyses
Present to commercial unit leadership regarding outcomes of analysis; often presenting complex results in a simple manner to suit a broader audience
Identify, acquire, and provide management of data needed for various analytic studies
Develop components of predictive and prescriptive systems to optimize operations and support strategic initiatives
Apply data visualization tools to large data sets to enhance data understanding
Assist data scientists in identifying, defining, and developing analyses which provide actionable insight for meeting business needs
Acquire knowledge of business processes and data acquisition practices from business units using disparate systems
Collaborate with Information Technology partners to develop data acquisition and data management practices
Provide meaningful, concise reporting of analytic results
- Develop reporting dashboards that meet business needs for status, trends, and variances
- Collaborate with IT and business units to operationalize meaningful reports and dashboards
Job Type
Relocation
Minimum Requirements
Data Scientist Associate
Education
Bachelor degree in mathematics, operations research, applied statistics, economics, data science or a related quantitative discipline.
Experience
Entry Level; No experience required.
Data Scientist
Education
Bachelor degree in mathematics, operations research, applied statistics, economics, data science or a related quantitative discipline.
Experience
3 years experience applying quantitative, business analytics, and computational skills
Additional Information
Key Skill Requirements:
Thrives in a fast paced and demanding environment with quickly changing priorities.
Excellent programing skills.
Meticulous attention to detail and strong organizational skills. Strong teamwork orientation.
Strong analytical skills to understand the financial market fundamentals, translate analysis into commercial strategies, and advise customers.
Be a strong communicator, both in writing and in presentation skills, as the role involves significant senior-management interaction.
Geographic Proximity
Work Designation
