If you're looking for information about the job of Lead Data Scientist, this article will be of great help. Indeed, it outlines the main duties, tasks, and responsibilities that make up the core day-to-day activities of most Lead Data Scientists.
In this article, you’ll also discover the requirements that most recruiters expect of anyone seeking a position as a Lead Data Scientist.
The Lead Data Scientist’s main tasks are to:
- Planning data projects
- Building and installing analytical systems and predictive models
- Managing a team of data scientists, Machine Learning engineers, and Big Data specialists.
What’s the role of a Lead Data Scientist ?
The Lead Data Scientist’s role is to Manage the Data Science team, plan projects, and build analytical models, leveraging large volumes of data from many different sources.
The Lead Data Scientist position requires working with a variety of data sets, such as purchasing and supply chain data, or EMR/EHR and claims data.
Being a Lead Data Scientist also means being able to identify and manage data development issues within the organization, making suggestions, and deploying Data Science solutions.
The Lead Data Scientist researches and develops a basic understanding of business performance metrics to qualitatively inform and interpret models. He/she is also responsible for supporting the growth and professional development of the data science team under his authority.
This position also involves leading the development, operation, and maintenance of methodologies that contribute to the product offering, including the application of statistical modeling and time series analysis techniques to establish company or market-specific forecasts.
What are the Lead Data Scientist's responsibilities?
- Manage a team of scientists, Machine Learning engineers, and Big Data specialists
- Implement Data mining and collection procedures
- Ensure data quality and veracity
- Interpret and analyze data problems
- Design, plan, and classify data projects
- Build analytical systems and predictive models
- Test the performance of data-driven products
- Visualize data and derive reports
- Experiment with new models and techniques
- Align data projects with business objectives
What salaries could you expect ?
Lead Data Scientists are highly sought-after for their technical expertise, but also for their ability to mentor and train juniors. However, these qualities are very rare among Data Scientists today. As a result, salaries for Lead Data Scientists are rising steadily in all sectors.
The average salary for a Lead Data Scientist is $60,000 per annum. Entry-level positions hover around $50,000 a year, and positions for the most experienced Lead Data Scientists average $90,500 a year.
What are the requirements you must have ?
- Good understanding of Machine Learning
- Knowledge of data management and visualization techniques
- Aptitude for statistical analysis and predictive modeling
- Good knowledge of R, Python, and MATLAB
- Experience with SQL and NoSQL databases
- Organizational and leadership skills
- Excellent communication skills
- Entrepreneurial spirit
- A degree in computer science, data science, mathematics, or a similar field
Now you know all about the Lead Data Scientist profession. If you’d like to become one yourself, find out more about our Data Scientist training.