Data Scientist, Pricing

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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 fintech company 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.

The role
We are seeking a Data Scientist to join the Pricing Data Science team to help develop, implement, and continuously improve the analytical frameworks for pricing strategies and decisions. This is an exciting role for someone to make a direct impact on the revenue of SoFi. Success in this role hinges on your technical aptitude, quantitative abilities, and business acumen: you know how to plow through data with SQL/Python/Tableau, surface insights using math/statistics/ML techniques, and measure the business impact using efficiency/conversion/profit metrics.

 
What you’ll do:
Develop and test pricing strategies across different consumer lending products that optimize profitability through the improvement of revenue, credit risk, and cost per customer acquisition;
Leverage pricing models to simulate profitability from pricing strategies and forecast changes to SoFi’s customer credit portfolio;
Build reporting pipelines and dashboards to deliver results of pricing strategies to the business.
Help manage the pricing team’s data architecture by building data pipelines to extract, transform, and load data from various sources 
Build intuitive and analytical models to help decision makers understand the price elasticity of customer segments;
Run significance tests and continuously discover trends in customer behavior to inform decision making with a high level of confidence;
Routinely present analyses to SoFi business leaders. 

What you’ll need:
M.B.A, B.S. or M.S. in Statistics, Economics, Engineering, Computer Science, Mathematics or a related quantitative field is required for this position;
Proven track record of end-to-end experience in building analytical frameworks to inform business strategy;
Deep knowledge and understanding of statistical and econometric modeling methods for significance testing and causal inference. These methods include (but not limited to) regression analysis, forecasting, bootstrapping, outlier detection, feature selection, and decision trees;
At least 3 years of industrial experience working in an analytics and business strategy role;
Exceptional programming skills in Python, R, and SQL. Knowledge of Tableau and other data visualization tools is preferred.
Ability to work in a dynamic, cross-functional environment, with a strong attention to detail;
Effective communication and presentation skills and ability to explain complex analyses in simple terms to business leaders;
Strong relationship building and collaborative skills;
Exceptional problem-solving skills;
Prior experience in pricing analytics and modeling is preferred. 
 

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

*These benefits are only applicable to full time employees Compensation and Benefits The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.    To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

New York applicants: Notice of Employee Rights

SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email accommodations@sofi.com.

Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.