What are the responsibilities and job description for the Data Science Intern position at prospero.ai?
Company Description:
Prospero.ai is a transformative fintech startup founded with a mission to democratize access to financial markets. We were founded by a former Wall Street hedge fund manager who envisioned a fair and transparent market, no
longer skewed in favor of large financial institutions. Our groundbreaking platform leverages the power of Artificial Intelligence to distill millions of real-time data points on stock performance into simple, actionable insights, empowering both novice and seasoned investors. As we continue to innovate, we are seeking a skilled and motivated Data Scientist to join our dynamic team.
Job Overview:
We are seeking a highly motivated and self-directed Data Scientist with a passion for financial markets. The ideal candidate will possess strong skills in data science tools such as Jupyter notebook and Python, coupled with a solid
understanding of traditional statistical approaches to analytics. The Data Scientist will work closely with two part-time experts, leveraging their guidance while also exercising autonomy in research and analysis. The primary focus of this role will be on stock and market data analysis and predictions. The Data Scientist will be the first full-time hire in the Data Science department and will have significant influence in how the team is expanded or focused.
Responsibilities:
- Conduct hands-on, independent research and analysis to extract insights from stock and market data, utilizing a combination of traditional statistical methods and innovative machine learning techniques.
- Collaborate with the team to develop and implement predictive models for stock performance and market trends.
- Explore new machine learning techniques and algorithms to enhance prediction accuracy and optimize trading strategies.
- Clean, preprocess, and analyze large datasets to identify patterns and trends relevant to financial markets.
- Work closely with domain experts to validate models and refine methodologies.
- Communicate findings and insights effectively to both technical and non-technical stakeholders.
- Stay updated on the latest developments in data science, machine learning, and financial markets to drive continuous improvement and innovation.
Qualifications:
- Bachelor's Minimum (MS/PhD preferred) in Data Science, Statistics, Computer Science, Mathematics, or a related field.
- Proficiency in data science tools such as Python, Jupyter notebook, and relevant libraries (e.g., NumPy, pandas, scikit-learn).
- Can operate successfully in a remote work environment. Prospero is a “get it done” team, where personal accountability is prized over micro-management.
- Strong understanding of traditional statistical methods and their application to financial data analysis.
- Familiarity with machine learning techniques and algorithms, with a willingness to explore and experiment with new approaches.
- Experience working with financial datasets and knowledge of stock market dynamics is preferred.
- Excellent problem-solving skills and attention to detail.
- Demonstrable experience in explaining complex analytics outcomes and tradeoffs to non-statisticians such as web technologists, product managers, and business leaders.
- Ability to work both independently and collaboratively in a fast-paced environment.
- Some experience with Cloud-based tools and API (Doesnʼt matter which, AWS, GCP or Azure, but we use GCP)
Nice-to-Haves:
- Experience with financial APIs, time series analysis, or specific financial datasets.
- Experience at small and big data scales.
- Comfort in coding, scripting, and git repositories for asynchronous development
- Comfort with various data storage formats at appropriate scales (from CSV to Postgres to Hadoop)
- Comfort with NLP as an additional avenue for market analysis
- Comfort with scalable web-scraping techniques
- Experience with Sagemaker and Hugginface or other cloud model platforms.
Traits:
- Self-motivated and proactive, with a passion for leveraging data to drive insights and decision-making.
- Strong analytical mindset and critical thinking skills.
- Excellent communication and interpersonal skills, with the ability to explain complex concepts to diverse audiences.
- Comfortable working in a dynamic startup environment, with a willingness to adapt to evolving priorities and challenges.
- Passion for making financial markets more inclusive and open to retail participants.
Note: Prospero.Ai is an equal opportunity employer committed to diversity and inclusion. We welcome and encourage applications from individuals of all backgrounds and experiences. Join us in revolutionizing the future of finance through data-driven innovation.