Published: Sat, 21 Jun 2025 12:50:51 GMT
Job Title: Senior Data Scientist – Personal Loans
Location: [Company Headquarters]
Employment Type: Full-time
Salary Range: [Competitive salary based on experience]
Benefits: Comprehensive benefits package including health, dental, vision, and retirement plans
About Us:
Join our team and shape a brighter financial future! We are a next-generation financial services company and national bank, dedicated to changing the way people think about and interact with personal finance. With innovative, mobile-first technology, we help millions of members reach their financial goals. As the industry undergoes unprecedented transformation, we are proud to be at the forefront, guided by our core values. Join us to invest in yourself, your career, and the financial world.
Job Description:
We are seeking a highly skilled Senior Data Scientist to join our Credit team. This team manages credit risk activities for our lending products, including Student Loan Refinance, Private Student Loan, Personal Loan, Credit Card, and Mortgage. The Senior Data Scientist will be responsible for analyzing and evaluating data to develop and propose credit risk strategies and models for our lending products, with a focus on Personal Loans. This role will also involve collaborating with cross-functional teams and using quantitative and analytical skills to drive revenue, control risk, and support the company’s strategic goals.
Key Responsibilities:
– Develop and implement credit underwriting strategies for Personal Loans that align with our risk appetite
– Monitor and analyze risk trends within the portfolio to identify opportunities for strategy enhancements
– Collaborate with cross-functional teams to deliver successful business results
– Control risk and drive performance outcomes by mitigating loss and responsibly growing revenue
– Document and communicate results, escalate issues as necessary, and identify opportunities for improvement
– Stay informed about industry trends and bring new ways of thinking, data sources, technologies, and capabilities to the company
Qualifications:
– 5+ years of relevant experience
– Business acumen and experience in the consumer lending industry
– Direct experience in credit strategy analytics, including strategy development, P&L, and implementation validation
– Strong analytical skills and experience working with customer performance data, bureau attributes, and other third-party variables
– Proficient in Excel, SQL, and Python
– Ability to synthesize and communicate complex analysis to business partners and senior management
– High motivation, eagerness to learn, and ability to work collaboratively in a fast-paced environment
– Knowledge of analytical and modeling techniques such as decision trees, regression, and test design
– Preferred: Experience with innovative data sources such as cash flow or alternative data
– Preferred: Advanced degree (Master’s or PhD) in a quantitative field such as Statistics, Mathematics, Engineering, or Computer Science
Compensation and Benefits:
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location. We also offer a comprehensive benefits package, including health, dental, vision, and retirement plans.
Equal Employment Opportunity:
We are committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, gender, gender identity, gender expression, 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. We hire the best qualified candidate for the job, without regard to protected characteristics.
Accommodations:
At SoFi, we embrace diversity and offer reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email [email protected].
Note to Internal Employees:
If you are a current employee, please navigate to our Internal Job Board in Greenhouse to apply for open roles. Apply link