Lendable is on a mission to build the world's best technology to help people get credit and save money. We're building one of the world’s leading fintech companies and are off to a strong start:
One of the UK’s newest unicorns with a team of just over 600 people
Among the fastest-growing tech companies in the UK
Profitable since 2017
Backed by top investors including Balderton Capital and Goldman Sachs
Loved by customers with the best reviews in the market (4.9 across 10,000s of reviews on Trustpilot)
So far, we’ve rebuilt the Big Three consumer finance products from scratch: loans, credit cards and car finance. We get money into our customers’ hands in minutes instead of days.
We’re growing fast, and there’s a lot more to do: we’re going after the two biggest Western markets (UK and US) where trillions worth of financial products are held by big banks with dated systems and painful processes.
Join us if you want toTake ownership across a broad remit. You are trusted to make decisions that drive a material impact on the direction and success of Lendable from day 1
Work in small teams of exceptional people, who are relentlessly resourceful to solve problems and find smarter solutions than the status quo
Build the best technology in-house, using new data sources, machine learning and AI to make machines do the heavy lifting
We are excited to be hiring a new Senior Data Scientist for our team! Ideally, this role will suit someone with a proven background in building models ideally in credit, lending, or other areas of financial services. 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.
This role will primarily focus on our US unsecured loans and credit cards business.
Our team’s objectives
The data science team develops proprietary machine learning models combining state-of-the-art techniques with a variety of data sources that inform scorecard development and risk management, optimise marketing and pricing, and improve operations efficiency.
Research new data sources and unstructured data representation.
Data scientists work across the business in a multidisciplinary capacity to identify issues, translate business problems into data questions, analyse and propose solutions.
Deliver data services to a wide variety of stakeholders by engineering CLI programs / APIs.
Design, implement, manage and evaluate experiments of products and services leading to constant innovation and improvement.
How you’ll impact those objectives
Use your expertise to build and deploy models that contribute to the success of the business.
Stay up to date with the latest advancements in machine learning and credit risk modelling proactively proposing new approaches and projects that drive innovation.
Learn the domain of products that Lendable serves, understanding the data that informs strategy and risk modelling.
Extract, parse, clean and transform data for use in machine learning.
Clearly communicate results to stakeholders through verbal and written communication.
Mentor other data scientists and promote best practices throughout the team and business.
Key Skills
Knowledge of machine learning techniques and their respective pros and cons.
Ability to communicate sophisticated topics clearly and concisely.
Proficiency with creating ML models in Python with experiment tracking tools, such as MLFlow.
Curiosity, creativity, resourcefulness and a collaborative spirit.
Interest in problems related to the financial services domain - a knowledge of loan or credit card underwriting is advantageous.
Confident communicator and contributes effectively within a team environment.
Experience mentoring or leading others.
Self-driven and willing to lead on projects / new initiatives.
Familiarity with data used within credit risk decisioning such as Credit Bureau data, especially across multiple geographies is an advantage.
The interview process
We’re not corporate, so we try our best to get things moving as quickly as possible. For this role, we’d expect:
A quick phone call with the people team
Interview with hiring manager
Take home task
Task debrief
Case study interview
In person interview where you'll do your final round and have some lunch with the team
The opportunity to scale up one of the world’s most successful fintech companies.
Best-in-class compensation, including equity.
You can work from home every Monday and Friday if you wish - on the other days, those based in the UK come together IRL at our Shoreditch office in London to be together, build and exchange ideas.
Enjoy a fully stocked kitchen with everything you need to whip up breakfast, lunch, snacks, and drinks in the office every Tuesday-Thursday.
We care for our Lendies’ well-being both physically and mentally, so we offer coverage when it comes to private health insurance
We're an equal-opportunity employer and are looking to make Lendable the most inclusive and open workspace in London
Check out our blog!
Top Skills
What We Do
Lendable is a lending platform that makes borrowing money effortless. Using technology, we have trimmed the fat from the traditional loan application process. The result allows us to make an instant decision, offer personalised rates, and transfer funds within minutes. We look beyond applicants' credit score, offering loans to people with less-than-perfect credit histories, and charging them less than banks. This way, we provide fair rates to a wider range of borrowers. Once customers have accepted our quote, we deposit their loan within minutes. Because our technology is brand new. Unlike banks, who use huge systems built at a time when the world was different. The internet has made commerce faster, cheaper and safer. Time for finance to step up
