Full-Time

Lead Data Scientist

Confirmed live in the last 24 hours

Current

Current

201-500 employees

Digital banking services for individuals and teens

Fintech
Financial Services

Compensation Overview

$190k - $228kAnnually

+ Bonus + Equity

Senior

New York, NY, USA

Category
Data Science
Data & Analytics
Required Skills
Python
Data Science
Tensorflow
Scala
Google Cloud Platform
Requirements
  • 7+ years of experience in data science or machine learning roles, with expertise in developing and deploying machine learning models.
  • Degree in Computer Science, Statistics, Mathematics, or related field.
  • Proficiency in Python programming and machine learning libraries (e.g., TensorFlow, scikit-learn) for model development and deployment.
  • Experience with data preprocessing, feature engineering, and model selection techniques to optimize performance.
  • Familiarity with Google Cloud Platform services, particularly VertexAI and Dataflow, for scalable data processing and model training.
  • Proficiency in Scala programming language for developing scalable and efficient machine learning solutions is preferred.
  • Strong understanding of statistical analysis, hypothesis testing, and experiment design.
  • Excellent problem-solving skills with the ability to translate business requirements into technical solutions.
  • Strong communication and collaboration skills with the ability to work effectively in a fast-paced, cross-functional environment.
Responsibilities
  • Analyze diverse datasets to extract meaningful insights and patterns, identifying actionable opportunities for optimization and innovation.
  • Design, develop, and deploy predictive, clustering, recommendation system and anomaly detection models and algorithms ( Preferably using VertexAI) for various applications, including customer segmentation, fraud detection, credit risk assessment, and personalized recommendations.
  • Conduct exploratory data analysis, feature engineering, and model selection to optimize performance and enhance predictive accuracy.
  • Implement and maintain scalable machine learning pipelines and workflows on Google Cloud Platform, ensuring reliability, scalability, and efficiency.
  • Leverage Google Dataflow for processing large-scale data and building scalable data processing pipelines.
  • Evaluate model performance using appropriate metrics and techniques, conducting A/B testing and iterating on models to continuously improve accuracy and business impact.
  • Collaborate with engineering teams to integrate machine learning models into production systems, monitor performance, and troubleshoot issues.
  • Contribute to the development of best practices, standards, and documentation for machine learning processes and methodologies

Current provides digital banking services aimed at making banking more accessible and affordable for a wide range of users, including teenagers. Its main product is built on a custom banking technology called Current Core, which allows for faster transactions and greater stability. Users benefit from features like early direct deposits, free overdraft protection, and cash back rewards, all while avoiding hidden fees. Current generates revenue through subscription fees for premium accounts and interchange fees from merchants. Unlike traditional banks, Current focuses on providing a user-friendly mobile banking experience and specialized services for teens, with the goal of improving financial outcomes for its members.

Company Stage

Series D

Total Funding

$381.9M

Headquarters

New York City, New York

Founded

2015

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

5%

2 year growth

5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Current's innovative features like early direct deposits and free overdraft protection can significantly improve users' financial well-being.
  • The company's partnerships, such as with TurboTax, enhance the value proposition for customers by offering additional financial benefits.
  • Current's focus on accessibility and affordability makes it an attractive option for a wide range of users, including underserved communities.

What critics are saying

  • The highly competitive digital banking market requires continuous innovation to maintain a competitive edge.
  • Reliance on interchange fees could be impacted by regulatory changes, affecting revenue.

What makes Current unique

  • Current's custom-built banking technology, Current Core, ensures greater stability and faster transactions, setting it apart from traditional banks.
  • The focus on teen banking services provides a unique niche that many competitors do not address.
  • Current's combination of subscription fees and interchange fees creates a diversified revenue stream, unlike many fintechs that rely solely on one model.

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Benefits

Competitive salary

Equity

Discretionary bonus program

Flexible vacation policy

Medical, dental, & vision

Commuter benefits