NatWest Group

NatWest Group

London

Data Scientist, Private Banking & Wealth Management

Full-Time£55,000 - 90,000 per yearavant-hierUnited Kingdom
IT

Job Description

Salary: £55,000 - 90,000 per year

Requirements:
  • Evidence of project implementation and work experience in a data-analysis-related field as part of a multidisciplinary team.
  • An undergraduate or masters degree in a quantitative discipline, or equivalent practical experience.
  • Experience with statistical software, database languages, big data technologies, cloud environments, and machine learning on large data sets.
  • Experience developing and managing the full model development life cycle for machine learning and AI products, from concept to production.
  • Ability to demonstrate leadership, self-direction, and a willingness to teach others and learn new techniques.
  • Ability to deliver complex technical solutions aligned with business objectives and explain methodologies and outcomes accessibly to non-technical stakeholders.
  • Strong understanding of statistical models, including LASSO, Ridge, and Elastic Net, and their use in financial product pricing strategies; simulation techniques; and core concepts of deep learning and Bayesian statistics.
  • Expertise in developing generative AI and agentic AI chatbot tools, and understanding of workflows and methods for evaluating and monitoring performance at scale.
  • Experience managing machine learning and AI models in production, including CI/CD, DevOps, and model monitoring, with awareness of risk management and governance.
  • Experience with cloud technology such as AWS, and fluency in Python and SQL.
  • Ability to self-manage, take initiative, and work proactively.
  • Effective verbal and written communication skills, with the ability to adapt communication style to the audience.
Responsibilities:
  • Drive and embed the design and implementation of data science tools and methods to use our data to develop customer solutions.
  • Act as a subject matter expert, identify advanced data and analytics opportunities, and communicate them through data visualisation.
  • Understand business stakeholders needs, build relationships, form hypotheses, and identify data and analytics solutions that support those needs and our business strategy.
  • Track emerging data science trends and tools, and share updates within and beyond the team.
  • Apply statistical, mathematical, machine-learning, and software engineering skills to assess possible solutions, techniques, and algorithms.
  • Implement ethically sound models end to end, applying software engineering and product development principles to complex business problems.
  • Work with and lead direct reports and wider multidisciplinary teams in an Agile environment to achieve project and Scrum outcomes.
  • Work with business stakeholders to define questions, problems, and opportunities that advanced analytics can address.
  • Select, build, train, and test complex machine learning models, considering model valuation, risk, governance, and ethics as we implement and scale them.
Technologies:
  • Agentic AI
  • AI
  • AWS
  • Big Data
  • CI/CD
  • Cloud
  • DevOps
  • Support
  • Machine Learning
  • Python
  • SQL

More:

Were hiring a full-time Data Scientist, PBWM. The role focuses on using data science to support external customers. We offer hybrid working, with some work from home and at least two days a week in our Edinburgh or London office. The position is 35 hours per week, and the job posting closing date is 27 September 2026.

last updated 39 week of 2026

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About NatWest Group

NatWest Group

NatWest Group

London

IT

Skills & Technologies

PythonGoAWSCI/CDMachine LearningAIData ScienceAgileScrumDevOpsUI

Inferred from job description

Salary Insight

£72,500

This role

£65,000

UK median

This salary is 12% above the UK median for Data roles (£65,000/yr).

Based on 2024–2025 UK technology sector benchmarks

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