What are the responsibilities and job description for the Data Scientist position at Prosper?
Your role in our missionProsper is seeking a Data Scientist for the Data Science team under our Credit Risk Analytics vertical. You will become a core contributor with machine learning expertise on the credit risk team and deliver results that directly impact our business.How you'll make an impactBuild industry-leading machine learning models for managing credit and fraud risksLeverage multiple complex data sources such as credit bureau reports and customer supplied information at large scale to optimize approve/decline and credit line assignment decisionsCollaborate with engineers to deploy your models into a production environmentPropose and execute solutions to various problems within business constraintsUse responsible AI technique following regulatory requirements and lending best practicesHelp the team with developing tools and workflow solutions to increase data science productivityActively monitor the credit risk models in productionExtract the most value out of data to significantly impact our key business metricsAssess the potential usefulness and validity of machine learning algorithms and features through various data sourcesConduct ad-hoc analysis related to risk management, investor services, operations and corporate developmentSkills that will help you thrive3 - 6 years of work experience in fintech, finance, or other high impact fields applying statistical and machine learning predictive techniques (educational experience taken into consideration). Consumer lending experience in unsecured personal loan or credit card is a plusAdvanced degree (M.S./PhD) preferably in statistics, computer science, engineering, physical sciences, economics, or related technical fieldExpert knowledge in one of the statistical programming languages such as Python, and database languages such as SQLSolid understanding of coding best practices and model documentationStrong communication skills – ability to clearly and succinctly communicate technical subject matter to other team members and senior managementStrong interpersonal skills – collaborate with people across functions and develop strong relationshipsAbility to work unsupervised in fast-paced environment and prioritize among parallel projectsAbility to think within regulatory guidelines with a mindset toward reproducible researchSelf-motivated, results-oriented, enthusiastic, and a creative thinkerWhat we offerThe opportunity to collaborate with a team of creative, fun, and driven colleagues on products that have an immediate and significant impact on people's lives.The opportunity to work in a fast-paced environment with experienced industry leaders.Flexible time off, comprehensive health coverage, competitive salary, paid parental leave, and other wellness benefits.A bevy of other perks including Udemy access, childcare assistance, pet insurance discounts, legal assistance, and additional discounts through Perkspot.The ability to work remotely in the United States.Interview processRecruiter Call: A brief screening to discuss your experience and initial questions.Department Interview: Deeper dive into technical skills and project alignment with the Hiring Manager or team member.Team/Virtual Interview: Meet team members for collaborative discussions, problem-solving, or technical exercises.Final Round: Discussion with a department head/executive.The salary range for this position is $129,000 - $179,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your experience, and other job-related factors.#LI-RC1#LI-RemoteAbout UsFounded in 2005 as the first peer-to-peer marketplace lending platform in the U.S., Prosper was built on a simple idea: connect people who want to borrow money with those who want to invest. Since inception, Prosper has helped more than 2 million people gain access to affordable credit with over $28 billion in loans originated through its platform. Our mission is to help our customers advance their financial well-being through a variety of products. Our diverse culture rewards accountability and cross functional teamwork because we believe this encourages innovative thinking and helps us deliver on our mission. We’re on a mission to hire the very best, and we are committed to creating exceptional employee experiences where everyone is respected and has access to equal opportunity. We realize that new ideas can come from everywhere. It is important to us that every hire connects with our vision, mission, and core values. Join a leading fintech company that’s democratizing finance for all! Our ValuesDiversity expands opportunitiesCollaboration creates better solutionsCuriosity fuels our innovationIntegrity defines all our relationshipsExcellence leads to longevity Simplicity guides our user experience Accountability at all levels drives resultswww.prosper.comOur Story & Team // Our Blog Applicants have rights under Federal Employment Laws.Family & Medical Leave Act (FMLA)Equal Employment Opportunity (EEO)Employee Polygraph Protection Act (EPPA) California applicants: please click here to view our California Consumer Privacy Act (“CCPA”) Notice for Applicants, which describes your rights under the CCPA.At Prosper, we're looking for people with passion, integrity, and a hunger to learn. We encourage you to apply even if your experience doesn't precisely match the job description. Your unique skill set and diverse perspective will stand out and set you apart from other candidates. Prosper thrives with people who think outside of the box and aren't afraid to challenge the status quo. We invite you to join us on our mission to advance financial well-being.Prosper is committed to an inclusive and diverse workplace. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law, including the San Francisco Fair Chance Ordinance. Prosper will consider for employment qualified applicants who are non-US citizens and will provide green card sponsorship.We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
Salary : $129,000 - $179,000