Full-Time

Staff Data Scientist

Member Insights

Posted on 9/23/2024

SoFi

SoFi

1,001-5,000 employees

Offers diverse personal finance solutions

Fintech
Financial Services

Senior

Seattle, WA, USA + 1 more

More locations: San Francisco, CA, USA

Category
Data Science
Data Analysis
Data & Analytics
Required Skills
Python
Airflow
Data Science
Git
SQL
Data Analysis
Requirements
  • Masters’ or above in quantitative areas: Statistics, Applied Mathematics, Economics, Computer Science, Engineering, or related field
  • 7+ years of relevant experience leveraging data-driven analysis to influence key decisions, preferably in a tech company
  • Proven track record of being able to work independently, and proactively engaging with business stakeholders with minimal direction and drive measurable business impact.
  • Advanced skill set in crafting clean, efficient, and scalable code that adheres to industry best practices, including utilization of version control systems like Git.
  • Strong understanding of data mining, machine learning, and statistical modeling.
  • Conduct A/B testing and other experiments to validate the effectiveness of data models
  • Knowledge of varied ML algorithms, applicability to different business problems, and experience in deploying ML models at scale in production with monitoring metrics.
  • Identify quasi-experimental opportunities, conduct relevant analyses, communicate results effectively, and collaborate with stakeholders to turn findings into actions
  • Be proficient with SQL, Python (or any other coding language), and visualization tools
  • Experience with using DBT to set up ELT/data pipelines, automate jobs via Airflow
  • Ability to provide data insights for 0-1 products, comfortable with driving the direction of the roadmap for a data strategy.
  • Excellent communication and presentation skills, able to create dashboards to deliver insights
  • Ability to cross collaborate, work in an ambiguous environment with strong problem-solving skills, and mentor junior data scientists.
Responsibilities
  • Identify high impact business opportunities to help members achieve their financial goals
  • Mentor and guide data scientists in the team by promoting best practices, strong technical decisions, coding standards, and thorough documentation.
  • Develop and apply machine learning models to solve business problems
  • Evaluate and interpret the results of data analysis
  • Build strong relationships with stakeholders and present insights on a regular cadence communicating findings to both technical and non-technical stakeholders.
  • Design and implement data collection. Build data pipelines to deploy production level datasets.
  • Collaborate with cross-functional teams and business leader to understand needs and offer data-driven solutions
  • Participate in internal team Knowledge sharing session and willingness to mentor junior Data Scientists in the team
  • Stay up-to-date on the latest data science techniques and technologies.

SoFi provides a variety of financial services aimed at helping individuals manage their money effectively. Its offerings include home loans, personal loans, student loan refinancing, credit cards, and investment options. SoFi's platform is designed to be user-friendly and mobile-first, allowing members to easily access and utilize these services. The company differentiates itself from competitors by offering a comprehensive suite of financial products under one roof, along with educational resources to assist users in making informed financial decisions. SoFi's goal is to create a seamless experience for its members, encouraging them to engage with multiple services while fostering an inclusive environment.

Company Stage

IPO

Total Funding

$4B

Headquarters

San Francisco, California

Founded

2011

Growth & Insights
Headcount

6 month growth

-15%

1 year growth

-6%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • SoFi's member base grew to over 10 million, indicating strong market presence.
  • The $2 billion loan expansion with Fortress diversifies revenue and strengthens lending.
  • Partnerships with Mesh Payments and Galileo enhance B2B financial service offerings.

What critics are saying

  • Increased competition from fintechs could erode SoFi's market share.
  • Rising consumer credit card debt may lead to higher default rates.
  • Reliance on partners like Galileo poses operational risks if disruptions occur.

What makes SoFi unique

  • SoFi offers a comprehensive suite of financial products under one platform.
  • The company leverages mobile-first technology to enhance user experience and engagement.
  • SoFi's member-centric approach fosters a strong community and customer loyalty.

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Benefits

You’re taken care of. SoFi employees receive comprehensive health, vision, dental, life insurance, and disability benefits—as well as flexible time off, fitness, fertility, and family planning options.

Realize your ambitions. We want to help our employees achieve financial freedom, just like our members. That’s why we contribute $200 per month toward your student loans to help pay down your debt—plus free financial classes.

Never stop learning. We offer frequent training, mentorship opportunities, and leadership programs to develop our people. We also cover tuition costs for approved programs, up to $5,250 per year.

INACTIVE