Senior Data Scientist, Nova Credit
$158-193k
More information about location
Cross-border credit reporting
Job no longer available
Cross-border credit reporting
101-200 employees
Job no longer available
$158-193k
More information about location
101-200 employees
Company mission
To inspire and facilitate the flow of human diversity, helping the world's moving population to arrive and thrive.
Role
Who you are
- 4+ Years Experience in data science, quantitative modeling, or machine learning in a bank or fintech
- Relevant 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 testing
- Required - Fluency using Python and SQL; Preferred - Experience using PySpark and Pola.rs
- Consumer credit risk knowledge is preferred
- Above all, the ability to break down new and complex problems into fundamental and solvable components
What the job involves
- 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
- Develop credit risk predictive models based on cross-border consumer performance data or bank transaction data
- Develop models to categorize and group bank transactions to support multiple Nova Credit products
- Use bank transaction data to develop attributes for credit risk, income verification, or other products
- Collaborate with our engineering organization to guide reliable deployments of data science products; Perform continuous research into new data sources, variables, and modeling methodologies
- Develop and execute model monitoring solutions
Our take
For the 15 million new immigrants who arrive in the US each year, it’s crucial to have a working credit history. Without this, they’ll be unable to rent an apartment, apply for a credit card or in some cases even get a job. The issue is that their credit history won’t have travelled with them, so lenders in their new country won’t be able to verify their eligibility. Nova Credit's founders experienced this problem first-hand, as Esipov is a first-generation Russian immigrant.
Nova Credit imports financial histories to enable immigrants to set up lives in new countries, with their ‘Credit Passport’. This is a digital framework that connects an individual’s credit history information from one country into the country where they are currently residing.
Nova Credit is currently able to import credit history from 8 countries, its most recent addition being the UK in January 2023. Since being accepted to Y Combinator in 2016, the company has since raised considerable funding from major finance players such as HSBC. Nova Credit has grown its footprint significantly, covering more than 1 billion consumer credit profiles, with further expansion in sight.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
42% female employees
2% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Oct 2023
$45m
SERIES C
Feb 2020
$50m
SERIES B
Total funding: $114.3m
Company benefits
- Free flight anywhere in the world on every anniversary
- Complementary wellness benefits, including Headspace and Ginger subscriptions
- $75/month contribution by Nova towards commuter benefits
- Dental and vision are 95% subsidized for Nova Credit employees, and 50% for dependents
- Unlimited paid time off policy
- $1500/year professional development budget
- Catered lunch on Mondays, Wednesdays, and Fridays
- Health insurance
- SF / NY salaries across the US
- $50/month contribution by Nova Credit towards your cell phone bill
Company values
- Tie your neighbor's shoes - Play as a team, win as a team!
- Chug like a train, soar like a plane - Be a go-getter and always ready to get your hands dirty!
- Build bridges, not walls - We believe in supporting the traditionally disadvantaged.
- Challenge without ego - Don't let your ego get in the way of truth.
Company HQ
Financial District, San Francisco, CA
Articles
Leadership
Misha Esipov
(CEO)Previously Teaching Fellow at NYU Stern School of Business for 2 years and Investment Banker at Goldman Sachs for 3 years.
Nicky Goulimis
(Board Member)Previously worked for 3 years at Bain & Company, holding various positions such as Associate Consultant and Senior Associate Consultant. She served as COO until 2021.
People progressing
Joined as a member of Enterprise Partnerships and is now leading and building the customer success arm of the company as the Head of Customer Success.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Diversity, Equity & Inclusion at Nova Credit
- Financial inclusion is one of the main parts of our mission, and we see inclusion at the company as a critical way to make the best product for the people we serve.
- https://www.novacredit.com/blog/supporting-diversity-equity-and-inclusion-at-nova-credit/
Share this job
View 2 more jobs at Nova Credit