Job Description

Employee Applicant Privacy Notice

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.

The Role

The Risk Data Science team is looking for a Senior Staff Data Scientist to develop advanced machine learning and statistical models, guide measurement, strategy, and data-driven decision making to support various credit risk and operational areas at SoFi. The Data Scientist will work closely with Credit, Risk, Product, Engineering, and Operations teams to design solutions to enhance the portfolio management, loss mitigation, and loss forecasting, etc. These tasks involve developing complex business rules to researching and applying state of the art modeling methodologies to solve complex business problems. This role is very rewarding as your work will have a direct and immediate impact on the business’ profitability.

What You’ll Do

• Develop, deploy, and continuously improve machine learning and statistical models and strategies that support various credit and operational procedures including but not limited to portfolio management, loss mitigation, loss forecasting, etc.
• Present model performance and insights to Credit, Risk, and Business Unit leaders.
• Proactively identify opportunities to apply advanced modeling approaches to solve complex business problems.
• Collaborate with Model Risk Management team to demonstrate models are developed with high level rigor that satisfy Model Risk Management and Governance requirements
• Perform ongoing monitoring of the models through the construction of dashboards and KPI tracking
• Collaborate with Data and Engineering teams to improve the model development, deployment, monitoring, and model re-calibration/re-build process.
• Explore and leverage in-house, external, and other open-source machine learning software/algorithms.

What You’ll Need

• Bachelor’s degree in Computer Science, Statistics, Econometrics, Mathematics, Physics, Engineering, or quantitative field required. Master’s degree preferred.
• 5-10 years of relevant work experience with building and implementing machine learning and statistical models.
• Excellent logic reasoning and communication abilities when interpreting business requirements and translating them into effective data solutions.
• Strong skills in writing efficient SQL queries and Python code to create complex attributes, especially with large datasets.
• Strong sensitivity to details in data and proactively investigate them to uncover unknown patterns.
• Strong knowledge of databases and related languages/tools such as SQL, NoSQL, Hive, etc.
• Demonstrated sophisticated experience in building efficient and reliable pipelines that interact with large datasets stored in SageMaker and Snowflake, automating recurring processes such as data extraction and processing, feature selection, model training, model monitoring, and generating documentation templates to support reproducibility and cross-functional collaboration.
• Experience in working closely with Product, Engineering, and Data Engineering teams

Nice To Have

• Experience in a lending organization
• Experience in working closely with Product, Engineering, and Model Risk Management teams
• Experience with model documentation and delivering effective verbal and written communication

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.
This role may also be eligible for a bonus and/or long term incentives. Your recruiter will provide more information to you. All roles are eligible for competitive benefits. More information about our employee benefits can be found in the link below.
Benefits
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi & Galileo page!
US-Based Base Compensation $153,600—$264,000 USDCompensation 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 comprehensive and competitive benefits, visit our Benefits at SoFi page!

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 an inclusive culture. 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 accommodations@sofi.com.

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.