Director of Data Science, Prosper Marketplace
$209-289k
+ Bonus
More information about location
Online P2P lending marketplace
Be an early applicant
Online P2P lending marketplace
201-500 employees
Be an early applicant
$209-289k
+ Bonus
More information about location
201-500 employees
Company mission
To advance financial wellbeing by providing affordable financial solutions to consumers across the credit spectrum.
Role
Who you are
- 10+ years of experience in credit card modeling for consumer lending business
- A strong machine learning education background and experienced in applying the skills to solve business problems
- Ability to formulate business problems and guide the team to deliver the results expected
- Demonstrated track record of organizational skills to provide viable options to balance the time-to-market expectations and the organizational cost of the changes
- Outstanding communication skills – ability to effectively communicate complex concepts in plain English, and comfortable with technical details to communicate with cross-functional stakeholders
- Advance degree (M.S./PhD) preferably in statistics, computer science, engineering, physical sciences, economics, or related technical field
- Comfortable to use Google Cloud data environment and broad stack of technologies such as Python, Spark, SQL and Tableau
- Familiar with regulatory guidelines in lending business
What the job involves
- The Director role is newly created to build machine learning models for our Credit Card business
- You will initiate and build critical card ML models by working closely with credit strategy teams and third-party solution providers
- In this role you will work with a fast-paced and talented team that values innovation and teamwork
- We value the right talent, so you can work remotely in the U.S
- Lead a team to build cutting-edge machine learning models for card acquisition credit strategies (Underwriting/Line Assignment/Pricing) and credit management programs, such as credit line management, transaction fraud, payment fraud etc
- Apply your knowledge in data, modeling, and analytical expertise to drive the growth of the card business
- Collaborate with cross-functional teams to manage the entire modeling cycle including model design, development, evaluation, validation, and performance tracking
- Evaluate third party solutions with strong business acumen to deliver results with high ROI
- Demonstrate exceptional business communication skills to translate complex modeling work into tangible business results
- Lead by example to show passion and enthusiasm towards new challenges and never cease to challenge the status quo
Our take
Prosper is a peer-to-peer lending platform, that connects investors with borrowers directly. When it launched in 2005 it was the first of its kind and paved the way for the now crowded peer-to-peer lending market, which includes competitors like Peerform, Upstart, Funding Circle and LendingClub.
The company provides an attractive option by cutting out the middleman and making applications faster, meaning that socially and financially rewarding investments can be made. Prosper is one of the largest and most recognized in this industry, having facilitated billions in loans to over two million borrowers.
In more recent years, Prosper has forged ties with banks to allow it to launch its home equity credit line, indicating a new direction for the company. It continues to develop its offering and remains a force in the market, with no reason it won't continue to succeed.
Freddie
Company Specialist at Welcome to the Jungle
Insights
2% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
Sep 2017
$50m
SERIES G
Jan 2013
$20m
LATE VC
Total funding: $153.8m
Company benefits
- Take-what-you-need (paid) vacation for salaried employees
- 20 days of PTO and 7 paid holidays/year for hourly employees
- Stock options
- 401K retirement savings plan with generous matching
- Comprehensive health, dental and vision insurance plans, with options specific to your own health coverage needs
- Prosper Fit - A monthly stipend to use for gym memberships, personal training sessions, yoga and exercise classes, or club sports/fitness fees
- Pre-tax commuter/parking assistance
- Snacks and beverage selections in our kitchen
- Monthly meet-and-greet happy hours
- Perkspot discount programs
- One Medical
- SF Location - Rooftop deck with ping-pong and foosball table
Company HQ
The East Cut, San Francisco, CA
Leadership
David Kimball
(Chairman & CEO)Having studied for an MBA at Brigham Young University, David worked in Management at Ford Motor Company for over 10 years, prior to spending another decade at USAA. He left his role as CFO and COO to join Prosper Marketplace in March 2016 as CEO and Chairman.
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