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Data Scientist, Pricing

Social Finance (SoFi) | Newark, NJ, US, 07175

Posted an hour ago


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Description

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Who we are:

Shape a brighter financial future with us.

Together with our members, we're changing the way people think about and interact with personal finance.

We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we're at the forefront. We're proud to come to work every day knowing that what we do has a direct impact on people's lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.

Social Finance, LLC seeks Senior Data Scientist, Pricing in New York, NY:


Job Duties: Develop and test pricing strategies across different consumer lending products that optimize
profitability through the improvement of revenue, credit risk, and cost per customer acquisition.
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. Help manage the pricing team's data architecture by building data pipelines
to extract, load, and transform data from various sources into Snowflake. Build intuitive and analytical
models to help decision makers understand the price elasticity of customer segments. Run significance
tests and continuously discover trends in customer behavior to inform decision making with a high level
of confidence. Routinely present analyses to SoFi business leaders. Develop, deploy, monitor, and
continuously improve price elasticity and other pricing related models. Leverage in-house, external, and
other open-source machine learning software/algorithms. Perform ongoing monitoring of the models
through construction of dashboards and KPI tracking. Interact with broader engineering teams for model
deployment. Present model performance and insights to business leaders. Telecommuting is an option.


Minimum Requirements: Master's degree, or foreign equivalent, in Computer Science, Engineering, or
closely related quantitative discipline, and two (2) years of experience in job offered or in any
occupation in a related field.


Special Skill Requirements: (1) SQL; (2) Python; (3) R; (4) Tableau; (5) Databricks; (6) Airflow; (7)
Snowflake; and (8) SAS. Any suitable combination of education, training and/or experience is acceptable.
Telecommuting is an option.


Salary: $190,000.00 - $218,500.00 per annum.
Submit resume with references to: Req.# 23-136048 at: ATTN: HR, .

Application deadline: 5/22/2024

#LI-DNI

Compensation and Benefits The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location. To view all of our comprehensiveand competitivebenefits, visit ourBenefits at SoFipage!
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job, without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email .
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.
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