Job Description
Your role in our mission
Prosper’s lending strategies have been powered by ML models since 2015 and continued to advance into new areas with proven performance and scalability. As the Sr Director of Data Science, you will build machine learning models for our Personal Loan and Credit Card business and closely work with credit strategy teams and third-party solution providers. In this role you will work with a fast-paced and talented team that values innovation and teamwork. We value the right talent, so you can work remotely in the U.S.
How you’ll make an impact
- Lead a team to build cutting-edge machine learning models for our personal loan and credit card acquisition credit strategies (Underwriting/Line Assignment/Pricing) , as well as card credit management programs, such as credit line management, transaction fraud, payment fraud etc.
- Apply your knowledge in data, modeling, and in-depth business expertise to design and develop critical ML/AI models to drive the growth of the business
- Collaborate with cross-functional teams to manage the entire modeling cycle including model design, development, evaluation, validation, and performance tracking
- Evaluate third party solutions with strong business acumen to deliver results with high ROI
- Demonstrate exceptional business communication skills to translate complex modeling work into tangible business results
- Lead by example to show passion and enthusiasm towards new challenges and never cease to challenge the status quo
Skills that will help you thrive
- 12+ years of experience in credit card modeling or consumer lending business
- 7+ years of people leadership experience
- M.S. or PhD required, preferably in statistics, computer science, engineering, physical sciences, economics, or related technical field
- A strong machine learning education background and experienced in applying the skills to solve business problems
- Ability to formulate business problems and guide the team to deliver the results expected in an agile and fast-paced environment
- Demonstrated track record of organizational skills to provide viable options to balance the time-to-market expectations and the organizational cost of the changes
- Outstanding communication skills – ability to effectively communicate complex concepts in plain English, and comfortable with technical details to communicate with cross-functional stakeholders
- Comfortable to use Google Cloud data environment and broad stack of technologies such as Python, Spark, SQL and Tableau
- Familiar with regulatory guidelines in lending business
What We Offer
- The opportunity to collaborate with a team of creative, fun, and driven colleagues on products that have an immediate and significant impact on people’s lives
- The opportunity to work in a fast-paced environment with experienced industry leaders
- Flexible time off, comprehensive health coverage, competitive salary, paid parental leave
- Wellness benefits including access to mental health resources, virtual HIIT and yoga workouts
- A bevy of other perks including Udemy access, childcare assistance, pet insurance discounts, legal assistance, and additional discounts
$240,000 - $330,000 a year
The salary for this position is $240,000 - $330,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors.
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About Our Technology Team
We are growing our Technology team to support our various financial products. The ideal candidate is passionate about learning the Fintech domain and delivering cutting-edge, high-quality solutions to solve business problems. We utilize a progressive, test-driven, Agile development methodology that places a high premium on communication, teamwork, sound design and clean implementation.
About Us
Founded in 2005, Prosper introduced U.S. consumers to an innovative new approach to personal finance called peer-to-peer lending. Twenty years later, Prosper has helped over 2 million customers achieve financial well-being through a comprehensive suite of products. Prosper’s flagship personal loan marketplace continues to offer a unique value for borrowers and investors alike. Home equity loans and lines of credit through Prosper provide homeowners a range of options and choices for tapping into the equity they’ve worked hard to build. The Prosper® Card supports people seeking access to credit and flexibility in managing their finances. Regardless of the product, Prosper is dedicated to meeting people where they are in their financial journey, in order to advance their financial well-being.
We’re on a mission to hire the very best, and we are committed to creating exceptional employee experiences where everyone is respected and has access to equal opportunity. We realize that new ideas can come from everywhere. It is important to us that every hire connects with our vision, mission, and core values. Join a leading fintech company that’s democratizing finance for all!
Our Values
Diversity expands opportunities
Collaboration creates better solutions
Curiosity fuels our innovation
Integrity defines all our relationships
Excellence leads to longevity
Simplicity guides our user experience
Accountability at all levels drives results
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Applicants have rights under Federal Employment Laws.
Family & Medical Leave Act (FMLA)
Equal Employment Opportunity (EEO)
Employee Polygraph Protection Act (EPPA)
California applicants: please click here to view our California Consumer Privacy Act (“CCPA”) Notice for Applicants, which describes your rights under the CCPA.
At Prosper, we’re looking for people with passion, integrity, and a hunger to learn. We encourage you to apply even if your experience doesn’t precisely match the job description. Your unique skill set and diverse perspective will stand out and set you apart from other candidates. Prosper thrives with people who think outside of the box and aren’t afraid to challenge the status quo. We invite you to join us on our mission to advance financial well-being.
Prosper is committed to an inclusive and diverse workplace. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law, including the San Francisco Fair Chance Ordinance. Prosper will consider for employment qualified applicants who are non-US citizens and will provide green card sponsorship.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
