Data Scientist

Role Description

The Data Scientist at Earnest LLC in Oakland, CA will guide product recommendations and model development, and communicate analyses and insights to the Data team and broader organization.

• Develop and maintain predictive machine learning (ML) models to assess potential risks and opportunities across Earnest’s lending products, contributing to the enhancement of risk and marketing assessment procedures.
• Participate in the end-to-end ML pipeline, spanning from data collection to model deployment.
• Collaborate with data and infrastructure engineers to automate training and monitoring using BI tools.
• Write ETL pipelines to source data for model training from various sources such as Earnest or Navient data warehouses, production databases, third-party providers, and publicly available datasets.
• Conduct experimentation and execute causal inference analyses on pricing, marketing, and product models to optimize product conversion rates.
• Write code for inferential models that guide product and underwriting decisions.
• Document modeling decisions through Confluence or GitHub Readme files.
• Collaborate closely with cross-functional teams and stakeholders to accelerate solution iteration and achieve measurable outcomes.
• Articulate model impacts and analytical insights through presentations and reports.
• Draft recommendations to optimize product and underwriting policies.
• Provide guidance and mentorship on modeling best practices to peers on the team.

Position is 100% remote. Salary: $194,834 per year.

Qualifications

• Master’s degree in Data Science, Statistics, Business Analytics, or a related field.
• 4 years of experience as a Data Scientist or related occupation.
• Must have 2 years of experience with each of the following:
• Designing and implementing machine learning models, including regression, classification, and forecasting for applications including underwriting, propensity, or collections models.
• SQL, Python, and R for data analysis, modeling, and automation.
• Product analytics and experimental design, including A/B testing and causal inference.
• Building, testing, and deploying scalable data pipelines and production-ready models using statistical and ML methods.
• Researching and resolving data-related issues within the Financial Services, E-commerce, or Fintech sectors to drive informed decision-making and optimize business processes.

Requirements

• This notice is subject to Earnest LLC's employee referral program.

Benefits

• Health, Dental, & Vision benefits plus savings plans.
• Mac computers + work-from-home stipend to set up your home office.
• Monthly internet and phone reimbursement.
• Employee Stock Purchase Plan.
• Restricted Stock Units (RSUs).
• 401(k) plan to help you save for retirement plus a company match.
• Robust tuition reimbursement program.
• $1,000 travel perk on each Earnie-versary to anywhere in the world.
• Competitive days of annual PTO.
• Competitive parental leave.