Senior Data Scientist, Pricing

The role

We are seeking a Senior Data Scientist to join our Pricing team in the Lending Organization, with focus on our Personal Loans (PL) business. This is an exciting role for someone to make a direct impact on the revenue of SoFi. As a senior data scientist in our Pricing team, you will be working closely with a world-class team of business leaders and data scientists to help develop, launch, and monitor SoFi pricing strategies across our PL business.

What you’ll do:

• Develop and test pricing strategies that optimize for profitability through the improvement of revenue, credit risk, and/or cost per customer acquisition

• Innovate and own new pricing strategies to drive company profits

• Run significance tests and continuously discover trends in customer behavior to inform decision making with a high level of confidence

• Leverage pricing models to simulate profitability from pricing strategies and forecast changes to SoFi’s customer credit portfolio

• Build reporting pipelines and dashboards to deliver results of pricing strategies to the business

• Build intuitive and analytical models to help decision makers understand the price elasticity of customer segments

• Routinely present analyses to SoFi business leaders. 

What you’ll need:

• B.S. or M.S. in Computer Science, Statistics, Operations Research, Engineering, Mathematics or a related quantitative field is required for this position.  M.B.A preferred, not required.

• 5-7 years of industrial experience working in the area of pricing, financial services, consulting, and/or credit risk strategies

• Proven track record of end-to-end experience in utilizing and laying strategic framework for model development, testing, implementation and performance tracking in the financial services industry

• Exceptional programming skills in Python and SQL

• Strong knowledge of Tableau and experience building production-level dashboards

• Ability to work in a dynamic, cross-functional environment, with strong attention to detail

• Effective communication skills and ability to explain complex concepts in simple terms

• Strong relationship building and collaborative skills

• Excels in a fast moving environment with outstanding stakeholder management abilities

• Exceptional problem-solving skills

 Nice to have:

• Experience working with product and/or engineering teams

• Experience working in the consumer unsecured lending space

• Experience with Snowflake, Gitlab, & DBT  

• Experience with machine learning and statistical modeling methods for supervised and unsupervised learning