Lead Data Scientist, Zest AI

$183.6-215k

Python
R
Mid and Senior level
Los Angeles

More information about location

Office located in Burbank, CA

Zest AI

Software for credit underwriting

Job no longer available

Zest AI

Software for credit underwriting

101-200 employees

B2BArtificial IntelligenceLendingMachine LearningFinancial ServicesSaaS

Job no longer available

$183.6-215k

Python
R
Mid and Senior level
Los Angeles

More information about location

Office located in Burbank, CA

101-200 employees

B2BArtificial IntelligenceLendingMachine LearningFinancial ServicesSaaS

Company mission

To minimize lending risk by empowering lenders to make better-informed decisions and better loans.

Role

Who you are

  • Requires a Master’s degree in Analytics, Statistics, Computer Science, Information Systems, or a related field(s) plus 3 years of experience in a related occupation(s)
  • Requires 3 years of experience with translating unstructured business problems into well-defined machine learning projects
  • Requires 3 years of extensive programming experience in R or Python and an interest in learning new languages and technologies
  • Requires 3 years of experience in the knowledge of data structures and parallelization
  • Requires 3 years of experience with Ad-hoc analysis of data
  • Requires 2 years of expert experience designing, developing, and implementing machine learning models/algorithms

What the job involves

  • Leading the design, development, deployment, and support of technical solutions
  • Actively prioritizes, iterates, and communicates new and enhanced processes to accelerate business outcomes, reduce manual effort, and/or reduce key business risks
  • Directly responsible for the quality, relating to performance, robustness, and overall behavior of technical solutions
  • Own the technical aspects of a data science project from end-to-end and directs effort where necessary to ensure overall soundness
  • Building internal/external communications content that meets expectations and requires minimal rework
  • Focusing on mentorship of direct reports and willingly acting as a resource within and outside the team
  • Communicate with all levels and groups within organization
  • Easily recognize critical aspects of work and adept at conveying meaning broadly within Zest and does so proactively
  • Offer alternative perspectives and techniques where necessary to achieve this goal
  • Regularly provide and solicit feedback to all levels and groups at Zest
  • Identify and manage high leverage opportunities for modeling work
  • Collaborate with a cross-functional team of Engineers, Product Managers, and Business Design and implement highly generalizable models for predicting various outcomes

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Insights

Top investors

31% employee growth in 12 months

Company

Company benefits

  • Robust healthcare plans, matching 401K and unlimited vacation time
  • Weekly company wide “all hands” meetings
  • Virtual weekly happy hours, sometimes casual and other times with a focus around topics like racial discrimination and LGBTQ+ history
  • Employee care packages to make WFH more enjoyable

Funding (last 2 of 8 rounds)

Dec 2024

$200m

GROWTH EQUITY VC

Nov 2022

$50m

LATE VC

Total funding: $350m

Our take

Zest AI is a company taking the benefits of AI to the credit underwriting world. It has helped banks and credit unions navigate the sometimes poorly representative data of credit scores in making their credit decisions. These can sometimes identify good borrowers as unfit for loans, and Zest AI helps pick up those who have fallen through the cracks.

According to the company, this can result in a 20% increase in credit approvals with no additional risk to unions, and a 50% reduction in charge-offs. Therefore, Zest AI can lead to faster and more lucrative credit decisions, making theirs an attractive solution for credit unions, too.

This win-win offering has helped Zest AI become a key partner across the US, along with being appointed a CUNA Strategic Services alliance provider, and has helped it achieve an impressive $145 million in funding to date.

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Kirsty

Company Specialist at Welcome to the Jungle