Senior Data Scientist, Funding Circle
3+ days a week in office
Business finance that backs you and your business to succeed
Be an early applicant
Business finance that backs you and your business to succeed
501-1000 employees
Be an early applicant
3+ days a week in office
501-1000 employees
Company mission
To build the place where small businesses go to get the funding they need to win
Role
Who you are
- Passionate about Funding Circle’s values and mission to support businesses
- Advanced Education: A Bachelors, Masters or PhD in a quantitative field or STEM related subject (Mathematics, Finance, Economics, Physics, Engineering…)
- Proven Expertise: Proven in problem-solving using logical reasoning and analytical methods and previous experience in Machine Learning and model building
- Technical Proficiency: Expert-level knowledge of Python and SQL
- We’re building a place where everyone truly feels they belong. Even if your past experience doesn't align perfectly with every requirement, we'd still love to hear from you
What the job involves
- We are looking for a Senior (Lead) Data Scientist to join us as we continue to evolve and build our next generation of models at Funding Circle
- You will play a key role in developing, implementing and monitoring these models and drive significant value for the business
- As part of the Decision Science team, you will create cutting edge statistical and machine learning models and collaborate with data engineers, analysts, and business stakeholders
- As well as improving on our previous generation models, we are expanding our borrower products so you will have the opportunity to develop completely new models
- Develop statistical and machine learning models for commercial lending products
- Have a clear and relentless focus on delivering business results and be comfortable challenging the status quo
- Provide technical mentorship and guidance to junior team members during the model development lifecycle
- Mentor the team on best practices for risk mitigation
- Oversee the experimentation framework for model optimisations
- Conduct peer reviews of code and methodologies to ensure high-quality, scalable outputs
Salary benchmarks
Our take
Funding Circle launched in 2010 and it was the perfect time in the market. After the financial crisis in 2008, financial institutions were hesitant to lend money. Loans to SMEs were at record lows.
This meant that Funding Circle's innovative platform - connecting investors and businesses directly - had immediate product-market fit and growth. Funding Circle remains incredibly focused on small businesses, and this set it apart from other lending platforms. The business has since expanded to the USA.
The company completed its IPO in September 2018 in a challenging economic environment in Europe and the USA. In 2020, however, trading in the group’s core UK market was helped by its participation in the government’s Coronavirus Business Interruption Loan Scheme – the company says it has been responsible for a quarter of CBILS loans by volume since it was accredited to join the scheme in April 2020. Funding Circle continues to be a leading SME financing platform, exemplified by its partnership with Bayview Asset Management, with whom it has surpassed £1 billion in funding for its Term Lending product.
Kirsty
Company Specialist at Welcome to the Jungle
Meet the team
Alice, Collections Executive
Insights
Company
Employee endorsements
Focus on employee wellbeing
"We've moved to a hybrid way of working at FC. We have lots of employee benefits, from lunch budgets (Just Eat), to retail discounts, gym/health..."
Funding (last 2 of 7 rounds)
Jan 2017
$104.4m
SERIES F
Apr 2015
$150m
SERIES E
Total funding: $376.8m
Company benefits
- Annual learning budget
- Private Health insurance covering pre-existing conditions
- 5% Matched Pension
- 25 days holiday (excl. bank holidays)
- Access to Wellhub (discounted gym access)
- Dental Insurance
- Just Eat for Business allowance when in the office
- Enhanced parental and adoption leave
Company values
- Think smart
- Obsess over the customer
- Make it happen
- Be open
- Stand together
- Live the adventure
Company HQ
City of London, London, UK
Articles
Leadership
Lisa Jacobs
(CEO)Lisa is responsible for driving the company’s strategy and overseeing Funding Circle's operations in the UK and US.
Diversity, Equity & Inclusion at Funding Circle
Victoria Bradford-Hall (VP, People)
- At Funding Circle, we are on a mission to back small businesses like no other company has ever done before. To succeed, we need a team that reflects the diverse world of the customers we support. We are building a place where everyone truly feels they belong. We know our success is rooted in a culture where every Circler - regardless of background, identity, or experience - has the confidence to bring their whole self to work. In our fast-moving environment, we don't just "accept" diversity; we actively seek it out to help us spot opportunities and find a better way. We measure our success not just by what we achieve individually, but by the impact we have on others. Even if your past experience does not align perfectly with every requirement, we would still love to hear from you.
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