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Data Scientist, Lendable

Min Experience

1 years

Location

London

JobType

full-time

About the job

Info This job is sourced from a job board

About the role

We are excited to be hiring a new Data Scientist into our team! Lendable is the market leader in real rate risk-based pricing, offering consumers transparency and product assurance at the point of application Data Science sits at the heart of this USP, developing the credit risk models to underwrite loan and credit card products You will have access to the latest machine learning techniques combined with a rich data repository to deliver best in market risk models The data science team develops proprietary behavioural models combining state of the art techniques with a variety of data sources that inform market-facing underwriting and pricing decisions, scorecard development, and risk management Data scientists work across the business in a multidisciplinary capacity to identify issues, translate business problems into data questions, analyse and propose solutions We self-serve with all deployment and monitoring, without a separate machine learning engineering team Design, implement, manage and evaluate experiments of products and services leading to constant innovation and improvement Learn the domain of products that Lendable serves, understanding the data that informs strategy and risk modelling is essential to being able to successfully contribute value Rigorously search for the best models that enhance underwriting quality Clearly communicate results to stakeholders through verbal and written communication Share ideas with the wider team, learn from and contribute to the body of knowledge

About the company

Lendable competes with banks, other lenders, and consumer finance companies to provide loans, credit cards and car financing to consumers. Streamlining the loan application process, the company cuts personalised rates and fund transfers from days to minutes. Lendable believes it can win in this crowded field due to its market-best customer service and strong financials. Part of its success is due to its funding coming from institutional investors. Lendable originates and services its loans on behalf of institutional investors, but doesn't hold them on its own balance sheet. Growing insolvencies will worry all lending platforms, but Lendable looks well-placed to weather any credit storm given its substantial debt financing. In 2023, it launched two new products in the US, signifying its growth.

Skills

sql
python