Data Scientist

Lendable; Greater London; Hybrid; GBP 70,000 - 120,000; Full time

Benefits offered by this job

Flexible working

Hybrid work model

Health coverage

Retirement savings plan

Employee referral bonus

Office meals & snacks

Cycle-to-work

Job summary

Lendable is recruiting a Data Scientist to build risk models for US unsecured loans and credit cards, leveraging advanced ML techniques and a rich data repository to deliver best-in-market pricing and underwriting insights.

You will work within a multidisciplinary team, own projects from concept to deployment, and communicate results to stakeholders to drive pricing and risk decisions.

Qualifications

• Experience with Python and SQL in data analysis.
• Strong data manipulation using NumPy and Pandas.
• Knowledge of machine learning techniques and their trade-offs.
• Clear communicator who contributes within a team.
• Self-driven and able to lead projects/new initiatives.

Responsibilities

• Learn the domain of products and data informing risk modelling.
• Rigorously search for the best models to enhance underwriting quality.
• Clearly communicate results to stakeholders in verbal and written form.
• Share ideas with the wider team and contribute to knowledge base.

Skills

Python

SQL

NumPy

Pandas

ML techniques

Communication

Project leadership

Job description

About the role

We are excited to be hiring a new Data Scientist into our team! Lendable is the market leader in real rate risk-based pricing, offering consumers transparency and product assurance at the point of application. Data Science sits at the heart of this USP, developing the credit risk models to underwrite loan and credit card products.

You will have access to the latest machine learning techniques combined with a rich data repository to deliver best in market risk models.

This role will primarily focus on our US unsecured loans and credit cards business.

Team Objectives

• The data science team develops proprietary behavioural models combining state of the art techniques with a variety of data sources that inform market-facing underwriting and pricing decisions, scorecard development, and risk management.
• Data scientists work across the business in a multidisciplinary capacity to identify issues, translate business problems into data questions, analyse and propose solutions.
• We self-serve with all deployment and monitoring, without a separate machine learning engineering team.
• Design, implement, manage and evaluate experiments of products and services leading to constant innovation and improvement.

Responsibilities

• Learn the domain of products that Lendable serves, understanding the data that informs strategy and risk modelling is essential to being able to successfully contribute value.
• Rigorously search for the best models that enhance underwriting quality.
• Clearly communicate results to stakeholders through verbal and written communication.
• Share ideas with the wider team, learn from and contribute to the body of knowledge.

Key Skills

• Experience using Python and SQL.
• Strong proficiency with data manipulation including packages like NumPy, Pandas.
• Knowledge of machine learning techniques and their respective pros and cons.
• Confident communicator and contributes effectively within a team environment.
• Self driven and willing to lead on projects / new initiatives.

Nice to have

• Prior experience of credit risk for consumer lending or credit cards, especially for the US market.
• Interest in machine learning engineering.
• Strong SQL and interest in data engineering.

Interview Process

1. Initial call with TA
2. Take home task
3. Task debrief and case study interview
4. Final interviews with leadership team

Benefits

• Winning team: the opportunity to scale up one of the world’s most successful fintech companies
• Flexible working: flexible approach tailored to each role. Hybrid roles require three days in-office weekly; fully remote roles include regular opportunities for in-person connection through socials and off sites
• Socials & connection: opportunities and events to come together, socialise, and get to know each other beyond the office walls
• Health coverage: support for your physical and mental wellbeing, including private health cover
• Retirement & savings: long-term financial wellbeing through retirement savings plans
• Employee referral programme: earn a competitive bonus when you refer successful new team members
• Office meals & snacks: enjoy a fully stocked kitchen, plus complimentary lunches prepared by in-house chefs on in-office days at select locations
• Sustainable commuting: cycle-to-work and electric vehicle salary sacrifice schemes available in select locations
• Please note: The availability and details of specific benefits vary by location and role. For more information, please speak to your Talent Partner.