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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.
Who we are
SoFi is a digital personal finance company whose mission is to help its members achieve financial independence to realize their ambitions, whether that be to buy a house one day, start a family on their own terms or be debt free. We aim to be at the center of our members’ financial lives, and to help every member Get Their Money Right®. By joining SoFi, you’ll become part of a forward-thinking company that is transforming financial services by embracing technology to build innovative loan products, investment tools, and more. One of the fastest growing fintech companies, we’ve grown from 250 employees in 2015 to over 3,000 employees today, and are well on our way to reaching 4 million members. With offices across the US, we offer the excitement of a rapidly growing startup with the stability of a seasoned management team and some of the best talent around. As an employer, we strive to hire employees who are committed to both our company’s mission and our desire to build the best culture in the world. If you are driven, passionate about what you do, and excited about the SoFi mission, we would love to hear from you.
The role
We are seeking a Staff Data Scientist to join our Pricing team in the Lending Organization, with focus on our Student Loan Refinance (SLR) and Private Student Lending (PSL) businesses. This is an exciting role for someone to make a direct impact on the revenue of SoFi. As a staff data scientist and key leader in our Pricing team, you will take on mentorship and leadership responsibilities, helping to manage and develop the team while driving innovation in pricing strategy. You’ll work closely with business leaders, data scientists, and cross-functional teams to design, test, and implement pricing strategies that optimize profitability and customer acquisition. To maximize success, the role requires strong technical aptitude/ quantitative skills/ problem solving skills, excellent written and verbal communication and the ability to work collaboratively within cross-departmental teams as the Pricing function has impacts across many parts of the organization.
What you’ll do:
- Lead the day to day development of pricing strategies that balance interest rates, volumes, and credit risk, working across both SLR and PSL businesses
- Analyze the existing portfolio and strategies to identify opportunities for growth
- Collaborate with different stakeholders across business unit, finance, capital markets, risk, marketing and other functional areas
- Run A/B tests and continuously discover trends in customer behavior to inform decision making with a high level of confidence
- Monitor and refine pricing models based on customer behavior, competitive trends, and macroeconomic conditions.
- Present insights within the Pricing team as well as to other executive and senior manager level stakeholders within the Company to create a broad understanding of business performance and opportunity areas.
- Manage, mentor, and provide guidance to junior data scientists, supporting their technical and strategic growth.
What you’ll need:
- M.B.A, B.S. or M.S. in Computer Science, Statistics, Operations Research, Engineering, Mathematics or a related quantitative field is required for this position;
- 10+ years of industrial experience working in the area of pricing and/or credit risk strategies
- Strong understanding of business drivers including revenue drivers, cost drivers and profitability metrics
- Experience with people management, leadership, and cross-functional collaboration in a data science setting
- Strong background in data-driven decision-making.
- 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;
- Strong communication skills, with the ability to translate complex analytical findings into clear business recommendations.
- Exceptional problem-solving skills;
Nice to have:
- Experience working with product and/or engineering teams
- Experience with Snowflake & DBT
- Experience with Gitlab
- Experience with machine learning and statistical modeling methods for supervised and unsupervised learning
Why you’ll love working here
- Competitive salary packages and bonuses
- Comprehensive medical, dental, vision and life insurance benefits
- Generous vacation and holidays
- Paid parental leave for eligible employees
- 401(k) and education on retirement planning
- Tuition reimbursement on approved programs
- Monthly contribution up to $200 to help you pay off your student loans
- Great health & well-being benefits including: telehealth parental support, subsidized gym program
- Fully stocked kitchen (snacks and drinks)
Top Skills
What the Team is Saying
What We Do
For over a decade, SoFi has helped transform the Fintech industry by creating financial products and services that help people borrow, save, spend, invest, and protect their money better, so they can achieve financial independence and realize their ambitions. Whether it’s owning a home, saving for retirement, paying off their student loans, or helping our members invest - SoFi is there every step of the way. Want to learn more about how it works? Check it out here: https://www.sofi.com/how-it-works/
Our core values are at the center of how we help our millions of members get their money right. They are our guiding principles for how we think about serving our members, building our company, and most importantly, how we work together. At SoFi, it’s not just what we do - but how we do it.
SoFi is also proud to be the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams.
For more information, visit SoFi.com
Why Work With Us
Together with our members, we’re changing the way people think about and interact with personal finance. We’re a next-generation Fintech company using innovative, mobile-first technology to help our members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront.
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SoFi Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
For the majority of our workforce who work on a hybrid schedule, the in-office requirement is a handful of days per month!
