Job Details

Senior Staff Data Scientist- Machine Learning

This range is provided by SoFi. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$172,800.00/yr - $297,000.00/yr

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Who we are: Shape a brighter financial future with us. Together with our members, we're changing the way people think about and interact with personal finance. We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals.

The Risk Data Science team is looking for a Sr Staff Data Scientist to develop advanced machine learning models, guide measurement, strategy, and data-driven decision making to support credit underwriting for unsecured loans.

The Role

The Sr Staff Data Scientist will work closely with Credit Risk, Product, Engineering, and Operations teams to design solutions and to innovate and continuously improve the unsecured loan underwriting models and enhance the loan origination process.

What You'll Do

• Research, develop, implement, and continuously improve machine learning models and strategies that support various credit underwriting for SoFi's unsecured lending businesses
• Proactively identify opportunities to apply advanced machine learning and AI approaches to solve complex business problems
• Contribute to the continuous improvement of internal modeling codebase to support rigorous, efficient, scalable, and consistent modeling practices
• Communicate and collaborate with business stakeholders effectively to understand business needs and pain points to deliver high quality ML models that help propel business forward
• Collaborate with Model Risk Management team to demonstrate models are developed with high level rigor that satisfy Model Risk Management and Governance requirements
• Partner with the Product and Engineering teams for model deployment
• Perform ongoing monitoring of the models through the construction of dashboards and KPI tracking
• Present model performance and insights to Credit, Risk, and Business Unit leaders

What You'll Need

• Bachelor's degree and a minimum of 12 years of proven quantitative behavioral modeling experience, or in lieu of a degree, a combined minimum of 12 years of higher education and/or work experience, including a minimum of 8 years of ML modeling experience. PHD preferred
• Excellent knowledge of machine learning and statistical modeling methods for supervised and unsupervised learning
• Strong programming skills in Python
• Strong knowledge of databases and related languages/tools such as SQL
• Effective communication skills and ability to explain complex models in simple terms

Nice To Have

• Experience in a financial organization
• Experience with model documentation and delivering effective verbal and written communication
• Experience in working closely with Product, Engineering, and Model Risk Management teams

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, national origin, ancestry, age, physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.