



“Data Scientist” has quietly become a banking job, not a tech job — look at who’s actually hiring
The title still carries “sexiest job of the century” energy, but scan who’s actually posting US Data Scientist roles right now:
• New York: J&J, plus compliance-analytics roles
• Boston: Citizens Bank, Banklife
• Chicago: Federal Reserve Bank of Chicago, Capital One (Global Payments)
• Dallas: Federal Reserve Bank of Dallas, Capital One Financial, Raytheon, Hershey
The Fed shows up in two cities. Capital One shows up in two. The genuinely “tech” DS employers (Meta, Google, Roku) are mostly clustered in San Jose and NY — everywhere else it’s banks, insurers, government, and old-line corporates.
And with ~5,000 US openings, DS is the smallest of the big four analytical roles — well behind Product Manager (~14k), Software Engineer (~11k), and Financial Analyst (~7k). So the real picture: fewer openings than the hype suggests, and the ones that exist skew “every large company needs one or two” rather than “join a tech unicorn.”
Not saying it’s a bad career — but if you’re breaking in, targeting banks, insurers, and government is probably a more realistic path than chasing the handful of FAANG DS reqs everyone else is also fighting over.
Anyone doing DS at a bank or the Fed — is it as different from tech-company DS as it looks from the outside?
(Cross-role totals here are consistent with earlier in the week — the shift worth noting is in the composition, not the daily numbers.)