Job Description Summary

We are seeking a Data Scientist to join the Independent Contractor Division (ICD) at Raymond James and partner closely with our Senior Data Analyst to develop forward-looking, predictive, and prescriptive analytics that fuel advisor engagement and business growth. This role will help uncover patterns and opportunities in advisor behavior, performance, and preferences—enabling smarter decision-making at scale.

Job Description

We are seeking a Data Scientist to join the Independent Contractor Division (ICD) at Raymond James and partner closely with our Senior Data Analyst to develop forward-looking, predictive, and prescriptive analytics that fuel advisor engagement and business growth. This role will help uncover patterns and opportunities in advisor behavior, performance, and preferences—enabling smarter decision-making at scale.

The ideal candidate is curious, highly analytical, and excited to build new models and tools that strengthen our outreach strategy and advisor experience. You’ll work in lockstep with business stakeholders and analysts to ensure your work drives real-world impact.

Key Responsibilities:

• Design and implement predictive models (e.g., advisor attrition risk, growth likelihood, product adoption) to inform outreach and support prioritization.
• Create advisor journey models to identify key inflection points and behavioral patterns that drive success or signal disengagement.
• Apply machine learning techniques to enhance segmentation efforts and refine advisor personas over time.
• Conduct scenario analysis and optimization modeling to support resource planning, staffing strategy, and advisor support design.
• Develop algorithms to score and rank advisors for targeted campaigns, coaching programs, or growth initiatives.
• Collaborate with the Senior Data Analyst to integrate advanced analytics into dashboards and reporting tools used by field teams.
• Ensure models are explainable, auditable, and aligned with regulatory and compliance standards.
• Monitor and continuously improve model performance, updating based on business evolution and advisor behavior trends.

Qualifications:

Required:

• Master’s in Data Science, Statistics, Computer Science, Applied Mathematics, or a related field
• 3–5 years of experience as a data scientist in a business setting, preferably in financial services or B2B relationship models
• Proficient in Python or R, with experience using libraries such as scikit-learn, pandas, NumPy, etc.
• Strong skills in SQL and experience working with large, complex datasets
• Knowledge of supervised and unsupervised learning techniques and statistical modeling
• Ability to translate technical findings into actionable business recommendations
• Comfort working closely with business stakeholders in a fast-paced, evolving environment

Preferred:

• Experience modeling advisor or customer behavior in a wealth management or asset management context
• Exposure to CRM data, advisor compensation data, or product usage analytics
• Familiarity with data visualization tools and techniques to complement modeling outputs

What We Offer:

• The opportunity to shape the future of advisor support and growth strategy through advanced analytics
• A collaborative partnership with a highly strategic data analyst and direct access to ICD leadership
• A purpose-driven culture focused on empowering independent advisors and delivering long-term value
• Competitive compensation, benefits, and a strong pathway for professional growth

Education

Bachelor’s: Computer and Information Science, Master's: Data Science

Work Experience

General Experience - 3 to 6 years

Certifications

Travel

Less than 25%

Workstyle

Hybrid

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

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