Everything You Need to Know About Recruiting and Hiring a Senior Data Scientist
Why Hire a Senior Data Scientist?
The role of Senior Data Science is one giant leap from technology to leadership. As expert professionals, they utilize data to direct an organization’s growth. As project leaders, they communicate data-driven insights with business stakeholders to create a roadmap for revenue growth.
Their role primarily revolves around the application of Machine Learning, statistical methods, and exploratory analysis for extracting insights from data. That being said, a Data Scientist’s toolbox contains everything about data visualization, machine learning, deep learning, pattern recognition, data preparation, and text analytics.
A Senior Data Scientist role is invaluable for any tech enterprise. Hiring managers must conduct an in-depth evaluation of the role and analyze their skills and expertise before the job is offered. In this regard, our tech hiring guide will elucidate the hiring process.
What is a Data Scientist?
A senior data scientist is an end-to-end data scientist. They formulate the problem, develop a solution, potentially mentos more Junior Data Scientists to roll out and iterate, and know when to move on to something more impactful, says Mahana Mansfield, VP Science at Deliveroo
But when does one become a Senior Data Scientist? Chanuki Illushka Seresinhe, Head of Data Science at Zoopla and Founder of beautifulplaces.ai explains the role is beyond mere technical competence. As advanced experts, they take initiative and learn wider tasks that are beyond data science. The exceptional ones bridge gaps between data science and other teams, communicating complex data science goals to non-technical audiences. Can they mentor people in a way that encourages them to grow?
As someone who has spent more than 20 years in data science, Lavita Ferres, Chief Scientist and Lab director at Microsoft AI for Good Research Lab tells that any career in Data Science is powerful because they can work on a wide range of problems as long as there is data with them and there is an SME (Subject-Matter Expert) that figure outs the problem.
Why is Senior Data Scientist Role in High Demand?
According to LinkedIn’s Emerging Jobs Report, careers in Data Science are booming and are all set to achieve a growth of $230.80 billion by 2026. The Burning Glass report also finds that demand for senior data scientists is anticipated to grow by 19% in 2026.
Also, worlddatascience says millennials or Gen Z have vast career opportunities in Data Science in the current job market. Not only is the pay great, but also there is exponential demand for future datasets.
The U.S.Bureau of Labor Statistics predicts the growth of the Senior Data Scientist job market at 22% between 2020 and 2030.
Senior Data Scientist Average pay
As per Glassdoor estimates, the national average for a Senior Data Scientist salary in the USA is $1,42,258 per year with an added compensation between $5,741 – $77,015.
KPIs For Senior Data Scientists
A Senior Data Scientist’s performance is gauged through the estimation, verification, validation, tracking of issues, and detection of anomalies.
Here are some of the KPIs that help us measure the success of scalable projects in the organization.
- Demonstrate velocity
- Deliver RoI
- Portfolio metrics
- Team growth
- Repeatable processes and reusable assets
- Actionable insights delivered
Senior Data Scientist Job Description
Hiring a talented Data Scientist is dependent on how well you outline the job description. We have just made the job easier for you. Take a look at the Senior Data Scientist’s job description in the following template:
- Work with Product Engineering and Customer Support to identify problems in different areas and determine where data mining/machine learning/statistics can help
- Deploy production-scale solutions using the Hadoop Ecosystem, transforming statistical and machine learning models from single node architecture to parallel processing grid technology
- Apply advanced machine learning algorithms, statistical methods, and predictive modeling techniques on large and varied data sets that include application log files, another online application telemetry, structured and unstructured data sources
- Collaborate daily with other analytics team members implementing data analysis and machine learning techniques
- Voluntarily direct data science initiatives to uncover business value using statistical, machine learning, and analytics techniques
- Design and develop research methods that address questions related to predicting educational outcomes, designing impactful software, and other strategic issues
- Analyze research results, derive actionable insights, and present findings to product management and development personnel
- Lead the development of business requirements and functional algorithms that can be used in real-time production environments
- Provide ongoing tracking and monitoring of the performance of algorithms and statistical models, troubleshoot and implements enhancements and fixes to these systems as needed
- Assess data sources for integrity and validity compared to intended educational processes
Senior Data Scientist Interview Questions
Sourced from many job websites, these are some of the most asked interview questions for a Senior Data Scientist. The questions are a mixture of technology, and analytics and test the managerial competency of the potential candidate.
- What is Data Science?
- Differentiate between Data Analytics and Data Science
- What do you understand about linear regression?
- What do you understand by logistic regression?
- What is a confusion matrix?
- What do you understand about the true-positive rate and false-positive rate?
- How is Data Science different from traditional application programming?
- Explain the difference between Supervised and Unsupervised Learning.
- What is the difference between the long format data and wide format data?
- Mention some techniques used for sampling. What is the main advantage of sampling?
Best Practices For Hiring Senior Senior Data Scientists
The senior data professional is instrumental in offering the business to continue its evolution into an analytical and data-driven culture. Ergo, the mantra is to be proactive and push forward the ideas that can grow well.
As per a 2021 report, McKinsey states that the U.S. alone has got a talent shortage of at least 190,000 data science professionals. There are varied reasons for it like the expansion of Data Science teams, increased investment in Big Data projects, and even relevant skill shortages.
Many video interviews suggest that recruiters are struggling to find quality talent for the role as the field is naive and emerging. While there is an acute talent shortage due to inadequate skills and experience, it must also be noted that most employers are still stuck in the traditional methods of hiring.
Hiring red flags like over-reliance on credentials than competencies and lack of advanced evaluation tools in skill assessments have severely limited the talent pool.
On the other hand, recruitment software like Glider AI takes candidate evaluation to the next level. Through a structured and standardized process, interviews are made candidate-friendly and also accurately assess skills and competencies. Hiring is not only bias-free but evaluated on real-world scenarios as well.