Director of Data Science, Fundbox
$200-280k
+ Equity in the form of restricted stock units
The pioneer of embedded working capital solutions for SMBs
Job no longer available
The pioneer of embedded working capital solutions for SMBs
101-200 employees
Job no longer available
$200-280k
+ Equity in the form of restricted stock units
101-200 employees
Company mission
To unlock the potential of small businesses by giving them financial agility and peace of mind.
Role
Who you are
- Innovative. You stay current on state-of-the-art methods, technologies, and applications and seek out opportunities to apply them
- Creative. You are excited about bringing definitions to complex problems; always ask the tough questions and push hard to find the answers. You are not afraid to challenge the status quo and share new ideas
- Technical. You have hands-on experience developing and maintaining robust pipelines that back data science solutions using open-source tools and cloud computing platforms
- Statistically-minded. You’ve built models, validated them, and backtested them. You think statistically and bring rigor to analyses and ensure the correct conclusions are acted upon
- Outcome focused. You work backward from tangible business outcomes, prioritizing and delivering the highest impact results that directly tie to stated business objectives
Desirable
- Master’s Degree plus 8 years of experience in data science, or PhD plus 5 year of experience in data science
- At least 5 years experience in open-source programming languages (including python and SQL) for large-scale data analysis and machine learning
- Flexibility to explore new ideas and stay at the forefront of emerging technologies, including integrating methodologies like GenAI and LLMs into business workflows
- Experience in formulating business problems that involves complex data and models
- Ability to collaborate with other disciplines and communicate models and methods
- Experience in mentoring other team members and developing data science talent across the company
What the job involves
- Fundbox is looking for a Director of Data Science (Staff Data Scientist) that will deliver the next generation of data science and decisioning capabilities for our business
- Drive the adoption of cutting-edge advancements, such as GenAI and LLMs, to solve complex business problems and enhance underwriting workflows
- Mentor junior data scientists to foster growth while delivering impactful individual contributions to drive team and business success
- Develop a roadmap to enable production deployment of new technologies and translate novel research into tangible in-market impact
- Deliver and manage the next-generation machine learning models used in credit underwriting and marketing decisions
- Partner with a cross-functional team of business and financial analysts, software and data engineers, product managers in the definition and delivery of business and customer experience outcomes
Our take
Having a reliable cash flow is essential for any business. Compared to transfers between individuals, B2B payments have been relatively slow to digitize, with payments delayed for around two months on average for small and medium sized businesses.
Fundbox has created a platform that speeds up how money is exchanged between businesses. Currently, there is over $3T in the U.S. stuck in accounts receivable, meaning cash that is owed between small business buyers and sellers.
As it moves forward, payments are its focus. The payments industry has seen revenue steadily growing, reaching almost $2T globally in 2018. New entrants are tapping into more areas of the space, although Fundbox is competing with companies like Stripe and Kabbage, it believes there is a big enough opportunity in the business-to-business market for several companies to thrive.
The company's long term goal is to be the Visa of B2B payment and credit, offering short-term small-business loans and B2B sellers can get paid at the time of sale via Fundbox Pay. At present, over 500,000 SMBs use FundBox, and it partnered with SMB financial health platform Nav in 2024, using the latter's financial health analysis to create more certainty for SMBs in loan underwriting.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
36% employee growth in 12 months
Company
Employee endorsements
Challenging work
"Fundbox trusts all employees, even new teammates, with scope and high impact projects that make working here both challenging and rewarding. By..."
Funding (last 2 of 6 rounds)
Nov 2021
$100m
SERIES D
May 2020
$20m
SERIES C
Total funding: $403.5m
Company benefits
- $500 Personal and professional development budget
- Generous PTO policy to include vacation, sick time and more
- $200 Monthly lunch budget
- Total wellness benefits, including individual annual budget, mental and physical health resources and more
- $350 Stipend to improve your home office setup
- Premium coverage for health plans offered from day one (some options covered at 100% for Employees)
- 401k, Life insurance and disability benefits
- HSA employer contributions
Company values
- Culture: We work hard to cultivate a respectful, diverse, and inclusive environment. We make empowering each other an everyday priority
- Collaboration: We value a team-think approach, knowing we do our best work when we pool our strengths and solve problems together
- Inclusivity: We want you to be, well, you. We believe in fostering an environment of acceptance, where everyone can bring their authentic selves to work
Company HQ
Plano, TX
Articles
Leadership
Prashant F.
(CEO)Initially joined Fundbox as COO in 2016, before becoming CEO in 2020. They are also a Lecturer at Stanford Graduate School of Business, Johnson Graduated School of Management at Cornell University, and the University of California, Berkeley, Haas School of Business.
People progressing
From 8 roles over 8 years, he’s built a foundation of excellence and leadership that’s propelled him to where he is today!
Salary benchmarks
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