Data Scientist - Model Developer / Statistician

Capital One Group; United Kingdom; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Pension scheme

Bonus

Generous holiday entitlement

Private medical insurance

Season-ticket loans

Cycle to work scheme

Enhanced parental leave

Gym access

Subsidised restaurant

Mindfulness rooms

Job summary

Capital One UK is seeking a Data Scientist - Model Developer / Statistician to join its Nottingham-based Data Science team. The role blends statistical rigor with ML to build underwriting models, using Open Banking or Credit Bureau data where available.

The position is hybrid, 3 days in-office (Tue–Thu) and 2 days remote, in Nottingham. The candidate will design, validate, and maintain models, communicate insights across teams, and contribute to enterprise solutions while pursuing continuous

Qualifications

• Strong grounding in probability and statistics.
• Experience with ML and feature extraction.
• Familiarity with Open Banking or Credit Bureau data.
• Reliability in producing maintainable Python code.
• Knowledge of Model Risk Management and validation practices.
• Ability to communicate findings to a business audience.

Responsibilities

• Develop and maintain the models used by our key underwriting programs.
• Explore and evaluate data using advanced feature generation and categorisation techniques, in order to stay at the forefront of innovation.
• Consult on complex statistical test design, to efficiently learn our way into new areas of the market.
• Use a combination of business acumen, coding and statistical skills to navigate large amounts of data and extract actionable solutions, working cross-functionally to support key business initiatives and drive sustainable growth.

Skills

Statistics

Machine Learning

Open Banking data

Credit Bureau data

Python

Model Risk Mgmt

Documentation

Communication

Learning mindset

Job description

Nottingham Trent House (95002), United Kingdom, Nottingham, Nottinghamshire

Data Scientist - Model Developer / Statistician

Job Title: Data Scientist - Model Developer / Statistician

Location: Nottingham

Hybrid Working Pattern: 3 days in-office (Tuesday-Thursday) and 2 days remote.

Our Mission

We’re on a mission to be a force for good in lending. Throughout our almost 30-year history, we’ve consistently been recognised as a great place to work; in 2026, Capital One was officially ranked 9th in the UK’s Best Workplaces™ list. Hear from our team about what it’s like working at Capital One UK.

About the Role

Our Data Science team focuses on the development of machine learning and AI solutions, to solve business problems and deliver actionable insights. We are a talented, collaborative and enthusiastic group, who use our expertise to make sense of complex data, working in close collaboration with our business partners. This role will primarily focus on critical business challenges in underwriting; developing and maintaining the models used to make customer lending decisions. We are interested in candidates who have a deep grounding in statistics and experience of Model Risk Management. Experience of working with Open Banking or Credit Bureau data is also welcomed.

What you’ll do

• Develop and maintain the models used by our key underwriting programs
• Explore and evaluate data using advanced feature generation and categorisation techniques, in order to stay at the forefront of innovation.
• Consult on complex statistical test design, to efficiently learn our way into new areas of the market.
• Use a combination of business acumen, coding and statistical skills to navigate large amounts of data and extract actionable solutions, working cross-functionally to support key business initiatives and drive sustainable growth.

What we’re looking for

• A strong understanding of probability, statistics, machine learning, feature extraction and familiarity with large data set manipulation.
• Familiarity with Open Banking or Credit Bureau data.
• Experience in producing reliable and maintainable code in Python, with an ability to adapt to new languages and technologies.
• Experience of Model Risk Management; technical documentation, coding best practices, the importance of validation and ongoing monitoring.
• Natural curiosity and proactive engagement with all areas of the business, with a desire to ask questions, challenge the status-quo and identify where Data Science can add value.
• Ability to communicate findings to a diverse business focused audience, influencing others in both verbal and written form.
• A drive for continued learning through an internal and external focus, in order to develop enterprise and industry leading solutions.

Where and how you'll work

This is a permanent position based in our Nottingham office. We have a hybrid working model, so you’ll be based in our office 3 days a week on Tuesdays, Wednesdays and Thursdays, and can work from home on Monday and Friday. Many of our associates have flexible working arrangements, and we're open to talking about an arrangement that works for you.

What’s in it for you

Bring us all this - and you’ll be well rewarded with a role contributing to the roadmap of an organisation committed to transformation.

We offer high performers strong and diverse career progression, investing heavily in developing great people through our Capital One University training programmes (and appropriate external providers).

• Pension scheme
• Bonus
• Generous holiday entitlement
• Private medical insurance
• Season-ticket loans
• Cycle to work scheme
• Enhanced parental leave

Open-plan workspaces and accessible facilities designed to inspire and support you.

• Fully-serviced gym
• Subsidised restaurant
• Mindfulness and music rooms

What you should know about how we recruit

We pride ourselves on hiring the best people, not the same people. Building diverse and inclusive teams is the right thing to do and the smart thing to do. We want to work with top talent: whoever you are, whatever you look like, wherever you come from. We know it’s about what you do, not just what you say. That’s why we make our recruitment process fair and accessible. And we offer benefits that attract people at all ages and stages.

We also partner with organisations including the Women in Finance and Race At Work Charters, Stonewall and upReach to find people from every walk of life and help them thrive with us.

We have a whole host of internal networks and support groups you could be involved in, to name a few:

• REACH – Race Equality and Culture Heritage group focuses on representation, retention and engagement for associates from minority ethnic groups and allies
• OutFront – to provide LGBTQ+ support for all associates
• Mind Your Mind – signposting support and promoting positive mental wellbeing for all
• Women in Tech – promoting an inclusive environment in tech
• EmpowHER - network of female associates and allies focusing on developing future leaders, particularly for female talent in our industry

Capital One is committed to diversity in the workplace.

If you require a reasonable adjustment, please contact [e-mail]

All information will be kept confidential and will only be used for the purpose of applying a reasonable adjustment.

For technical support or questions about Capital One's recruiting process, please send an email to [e-mail]