Senior Data Scientist, OakNorth

Salary not provided

+ Equity

SQL

Docker

GCP

Python

Tableau

Postgres

Pandas

Scikit-Learn

BigQuery

dbt

Senior and Expert level

London

3-5 days a week in office

Digital bank for business loans and savings

Be an early applicant

Digital bank for business loans and savings

201-500 employees

FintechB2CB2BBankingLendingFinancial Services

Be an early applicant

Salary not provided

+ Equity

SQL

Docker

GCP

Python

Tableau

Postgres

Pandas

Scikit-Learn

BigQuery

dbt

Senior and Expert level

London

3-5 days a week in office

201-500 employees

FintechB2CB2BBankingLendingFinancial Services

Company mission

To serve and empower businesses in the Missing Middle, ensuring each and every one of them has the right tools, insights, and support at every stage of their growth journey with us.

Job

Company

Role

Who you are

Ability to apply commercial thinking to data science, focusing on practical outcomes and business impact rather than academic perfection
Experience in applied data science, preferably in financial services, pricing, revenue management, or behavioural analytics
Strong statistical foundation in regression, experimentation, causal inference, and forecasting
Experience with price elasticity modelling, segmentation, and simulation approaches a big plus
Strong communication skills — you’re able to explain technical concepts and influence decisions
Comfortable working with imperfect data, ambiguity, and evolving priorities
Bonus: experience with DBT, cloud data warehouses (e.g. BigQuery), or automated experimentation platforms

What the job involves

We’re looking for a Senior Data Scientist who’s passionate about using data to solve real-world problems and has a keen interest in pricing strategy, customer behaviour, and decision science
In this role, you’ll work closely with the Pricing team in OakNorth’s Personal Savings business to design experiments, build models, and derive insights that optimise pricing decisions. Your work will directly inform how we price to balance growth and cost-efficiency — helping OakNorth maintain strong customer demand while achieving sustainable funding costs
This is a high-impact, hybrid role that blends statistical modelling, economic intuition, and stakeholder collaboration, ideal for someone who wants to shape pricing strategy with rigorous analysis and robust experimentation
Work in and partner with the Pricing team to understand key challenges around savings pricing, customer acquisition, and retention
Analyse historical data and trends to present insights and build models that elevates data insights into the hands of stakeholders
Design and evaluate pricing experiments to estimate price elasticity and customer sensitivity across different savings products and customer segments
Build and maintain predictive and econometric models to forecast volumes and optimise pricing strategies
Identify and test pricing opportunities that balance volume growth with cost of funds, under different market conditions
Contribute to tooling and frameworks that support experimentation and analysis at scale
Create data products which enables the team to make accurate decisions faster, leveraging AI and automation
Collaborate with Data Engineering to ensure the right data is available, structured, and reliable for pricing analytics
Communicate results, recommendations, and uncertainty clearly to stakeholders in Product, Finance, and Risk
Stay up-to-date on industry trends and pricing techniques, bringing fresh ideas and best practices into the team
Technology 🧱:
🧮 Python (incl. pandas, statsmodels, scikit-learn), Jupyter
🧪 dbt, SQL (BigQuery, PostgreSQL)
📊 Tableau or similar BI tools
📦 GitHub, GCP, Docker (optional but useful)

Salary benchmarks

Our take

The cost-of-living crisis has put pressure on small and medium-sized businesses, making it harder for them to access the financing they need to thrive. And traditional banks often overlook these businesses, leaving a gap in the market for tailored financial solutions.

OakNorth is filling this gap, with its digital bank that provides loans to lower mid-market businesses. By leveraging advanced technology and data analytics, it offers better lending solutions compared to traditional banks.

Its impact is growing too. As of early 2025, it surpassed $1B in lending to US businesses since launching operations there in mid-2023. This is a huge milestone and one that reflects the demand for its services. With this success, the company is in a great position to continue expanding and helping even more businesses achieve their growth objectives.

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Top investors

27% female employees

26% employee growth in 12 months

Glassdoor (3.6)

Trustpilot (4.8)

Company

Funding (last 2 of 6 rounds)

Feb 2019

$440m

GROWTH EQUITY VC

Sep 2018

$100m

SERIES B

Total funding: $901.7m

Company HQ

Carnaby, London, UK

Leadership

Rishi Khosla

(Co-Founder & CEO)

Previously co-founded Copal, a financial research firm which they scaled to 3,000 employees and sold to Moody’s Corporation in 2014.

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