Sr. Data Scientist at Nova Credit
New York, NY 10001
About the Job
New York, NYData Science & Credit Risk /Full-time - Permanent /HybridAt Nova Credit, our mission is to power a more fair and inclusive financial system for the world
We are on our way to accomplishing this mission by rewiring the financial industry with better credit infrastructure, analytics, and workflows, enabling more people to access credit opportunities
Our cross-border credit product, Credit Passport, cash flow underwriting product, Cash Atlas, and income verification product, Income Navigator, are trusted by leading organizations like American Express, Verizon, HSBC, SoFi, Scotiabank, and Yardi to help them reach valuable new applicants from traditionally credit excluded populations
With support from investors Canapi Ventures, Kleiner Perkins, General Catalyst, and Index Ventures, as well as industry veterans from Goldman Sachs, JP Morgan, and Citi, Nova Credit is revolutionizing the way lending is done
We were recently named Forbes' Best Startup Employers 2024 and Fast Company's World's Most Innovative Companies 2024
Nova Credit offers a dynamic and inclusive work environment where you can meaningfully impact the lives of people historically excluded from the credit system
We value diversity, intellectual honesty, and innovation and are committed to supporting our team members' professional growth and development
If you're passionate about leveraging technology to drive financial inclusion, we want to hear from you! For a more in-depth look at our engineering culture, check out our page on Key Values!The Senior Data Scientist role will be part of the Data Science team within Nova Credit, where you will play an essential role in researching, designing, and building out our global data science strategy
Applying your critical thinking and analytical skills to data, traditional statistical modeling, and modern machine learning techniques, you will serve as a conduit to bring key functions together, including: data partnerships, risk and analytics, product, engineering, and customer success to develop and implement our core data systems
Working closely with our customer-facing teams, you will demonstrate the strength of our products and services through data analytics, and insights
Ultimately, your role is to ensure that Nova Credit’s products deliver high quality predictive risk signals; every initiative you work on will be critical for the company’s success!This role is reporting into the Senior Director of Data Science
There is a location preference for a NYC-based candidate for this opportunity, however we are open to considering talent across the U.S
for a Remote position.Job responsibilities:Develop credit risk predictive models based on cross-border consumer performance data or bank transaction dataDevelop models to categorize and group bank transactions to support multiple Nova Credit productsUse bank transaction data to develop attributes for credit risk, income verification, or other productsCollaborate with our engineering organization to guide reliable deployments of data science products; Perform continuous research into new data sources, variables, and modeling methodologiesDevelop and execute model monitoring solutionsYOUR SKILLSET4+ Years Experience in data science, quantitative modeling, or machine learning in a bank or fintechRelevant PhD or MS preferred (e.g
Data Science, Computer Science, Statistics, Applied Statistics, Operational Research)Required - Fluency in generalized linear models & machine learning methods and tools; Preferred - Experience with hypothesis testingRequired - Fluency using Python and SQL; Preferred - Experience using PySpark and Pola.rsConsumer credit risk knowledge is preferredAbove all, the ability to break down new and complex problems into fundamental and solvable components$158,000 - $193,000 a yearBase Salary Range for U.S.-based candidates: $158,000 - $193,000, dependent on individual experience, skills, education, location, and qualifications.We consider all elements of compensation as a part of the value we provide to Novans
This may include: base salary, equity grants, incentive compensation for eligible roles, professional development, flexible PTO, and tenure rewards
We offer U.S.-based Novans competitive, employer-subsidized medical, dental, and vision plans, in addition to mental health and wellness benefits and a range of other benefits & perks.Everyone is welcome at Nova Credit
We are an equal opportunity employer where our diversity and inclusion are central pillars to our company strategy
We look for applicants who understand, embrace and thrive in a multicultural and increasingly globalized world
We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
We are on our way to accomplishing this mission by rewiring the financial industry with better credit infrastructure, analytics, and workflows, enabling more people to access credit opportunities
Our cross-border credit product, Credit Passport, cash flow underwriting product, Cash Atlas, and income verification product, Income Navigator, are trusted by leading organizations like American Express, Verizon, HSBC, SoFi, Scotiabank, and Yardi to help them reach valuable new applicants from traditionally credit excluded populations
With support from investors Canapi Ventures, Kleiner Perkins, General Catalyst, and Index Ventures, as well as industry veterans from Goldman Sachs, JP Morgan, and Citi, Nova Credit is revolutionizing the way lending is done
We were recently named Forbes' Best Startup Employers 2024 and Fast Company's World's Most Innovative Companies 2024
Nova Credit offers a dynamic and inclusive work environment where you can meaningfully impact the lives of people historically excluded from the credit system
We value diversity, intellectual honesty, and innovation and are committed to supporting our team members' professional growth and development
If you're passionate about leveraging technology to drive financial inclusion, we want to hear from you! For a more in-depth look at our engineering culture, check out our page on Key Values!The Senior Data Scientist role will be part of the Data Science team within Nova Credit, where you will play an essential role in researching, designing, and building out our global data science strategy
Applying your critical thinking and analytical skills to data, traditional statistical modeling, and modern machine learning techniques, you will serve as a conduit to bring key functions together, including: data partnerships, risk and analytics, product, engineering, and customer success to develop and implement our core data systems
Working closely with our customer-facing teams, you will demonstrate the strength of our products and services through data analytics, and insights
Ultimately, your role is to ensure that Nova Credit’s products deliver high quality predictive risk signals; every initiative you work on will be critical for the company’s success!This role is reporting into the Senior Director of Data Science
There is a location preference for a NYC-based candidate for this opportunity, however we are open to considering talent across the U.S
for a Remote position.Job responsibilities:Develop credit risk predictive models based on cross-border consumer performance data or bank transaction dataDevelop models to categorize and group bank transactions to support multiple Nova Credit productsUse bank transaction data to develop attributes for credit risk, income verification, or other productsCollaborate with our engineering organization to guide reliable deployments of data science products; Perform continuous research into new data sources, variables, and modeling methodologiesDevelop and execute model monitoring solutionsYOUR SKILLSET4+ Years Experience in data science, quantitative modeling, or machine learning in a bank or fintechRelevant PhD or MS preferred (e.g
Data Science, Computer Science, Statistics, Applied Statistics, Operational Research)Required - Fluency in generalized linear models & machine learning methods and tools; Preferred - Experience with hypothesis testingRequired - Fluency using Python and SQL; Preferred - Experience using PySpark and Pola.rsConsumer credit risk knowledge is preferredAbove all, the ability to break down new and complex problems into fundamental and solvable components$158,000 - $193,000 a yearBase Salary Range for U.S.-based candidates: $158,000 - $193,000, dependent on individual experience, skills, education, location, and qualifications.We consider all elements of compensation as a part of the value we provide to Novans
This may include: base salary, equity grants, incentive compensation for eligible roles, professional development, flexible PTO, and tenure rewards
We offer U.S.-based Novans competitive, employer-subsidized medical, dental, and vision plans, in addition to mental health and wellness benefits and a range of other benefits & perks.Everyone is welcome at Nova Credit
We are an equal opportunity employer where our diversity and inclusion are central pillars to our company strategy
We look for applicants who understand, embrace and thrive in a multicultural and increasingly globalized world
We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
