Data Scientist - US Products

About Lendable

Lendable is on a mission to build the world's best technology to help people get credit and save money. We're building one of the world’s leading fintech companies and are off to a strong start:

• One of the UK’s newest unicorns with a team of just over 700 people
• Among the fastest-growing tech companies in the UK
• Profitable since 2017
• Backed by top investors including Balderton Capital and Goldman Sachs
• Loved by customers with the best reviews in the market (4.9 across 10,000s of reviews on Trustpilot)

So far, we’ve rebuilt the Big Three consumer finance products from scratch: loans, credit cards and car finance. We get money into our customers’ hands in minutes instead of days.

We’re growing fast, and there’s a lot more to do: we’re going after the two biggest Western markets (UK and US) where trillions worth of financial products are held by big banks with dated systems and painful processes.

Join us if you want to

• Take ownership across a broad remit. You are trusted to make decisions that drive a material impact on the direction and success of Lendable from day 1
• Work in small teams of exceptional people, who are relentlessly resourceful to solve problems and find smarter solutions than the status quo
• Build the best technology in-house, using new data sources, machine learning and AI to make machines do the heavy lifting

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.

Our team’s 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.

How You’ll Impact Those Objectives

• 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.

The interview process

• Initial call with TA
• Take home task
• Task debrief and case study interview
• Final interviews with leadership team

Life at Lendable

• 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.

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