Director / Decision Scientist, Flex
Risk
$217-234k
+ Equity
3 days a week in office
Flexible rent payment application
Be an early applicant
Flexible rent payment application
501-1000 employees
Be an early applicant
$217-234k
+ Equity
3 days a week in office
501-1000 employees
Company mission
Flex's mission is to empower as many renters as possible with flexibility over their most significant recurring expense.
Role
Who you are
- 12+ years of relevant working experience in financial institutions and Fintech companies within a risk department
- A degree in Statistics, Mathematics, Computer Science, or a related quantitative field; Graduate degree
- Excellent problem-solving skills and effectiveness in communicating complex technical concepts to non-technical stakeholders
- Strong ownership: operate with urgency, make data driven decisions and stand by them for outcomes
- Strong proficiency in SQL along with experience using data visualization tools to present insights effectively
- Ability to thrive in a collaborative and fast-paced environment
What the job involves
- We are seeking an experienced Director, Decision Scientist to join our Risk and Decision Science tea
- In this role, you will play a pivotal part in shaping the design of a new credit product, developing its risk policy and launch strategy, and defining and executing the roadmap towards sustainable growth
- Your work will be central to managing financial risk, maximizing customer lifetime value (LTV), and driving long-term business growth
- Collaborate with the product, engineering and Legal & compliance team and help shape new product strategy
- Define and implement risk policies and strategies to support the product's launch
- Leverage data-driven insights and experimentation to inform policy updates, drive continuous improvement to maximize customer LTV
- Take full ownership of the product's unit economics success, set ambitious goals and identify the pathway to achieve it
Our take
Many people struggle to pay their rent every month, with a variety of bills hitting their bank accounts simultaneously. Whilst many of these people earn enough money to cover their bills, the inflexible nature of monthly bills can make the all-in-one payment a harder obstacle.
Flex provides a mobile application for the flexible payment of rent, allowing users to pay their landlords through flexible payment plans, reschedule payments when necessary, and protect their funds through Overdraft Protection. The company achieves this by partnering with estate agents and paying their resident's bills upfront, taking on the challenges that landlords would normally have due to late payments.
Flex has experienced extremely rapid growth since its founding which has caused some issues, as it struggled to keep up with the surge in new customers. Having made improvements to its product and scaled its customer service team, it is set to continue providing a service that has come to be highly valued by both tenants and landlords.
Freddie
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Feb 2022
$160m
SERIES C
Apr 2021
$46.6m
SERIES B
Total funding: $225.1m
Company benefits
- 100% company-paid medical, dental, and vision
- 401(k) + company stock options
- Unlimited paid time off + company paid holidays
- Parental leave + IVF and adoption support
- Flex Cares Program: Non-profit company match + pet adoption coverage
- Pet Insurance
- Free Flex subscription
Company HQ
Midtown Manhattan, New York, NY
Leadership
Shragie Lichtenstein
(CEO)Experience working in venture capital investments for Point72 and TVC. Also co-founded Boundless Reality.
YeTong Shao
(CPO)Experience as Data Science Researcher. Also co-founded Boundless Reality.
Salary benchmarks
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