Data Scientist, Lendable

US Products

Salary not provided
SQL
Python
Junior, Mid and Senior level
London

More information about location

3 days a week in office

Lendable

Fintech Unicorn - Lending Platform

Be an early applicant

Lendable

Fintech Unicorn - Lending Platform

201-500 employees

FintechB2CMarketplacePersonal financeLendingCustomer service

Be an early applicant

Salary not provided
SQL
Python
Junior, Mid and Senior level
London

More information about location

3 days a week in office

201-500 employees

FintechB2CMarketplacePersonal financeLendingCustomer service

Company mission

To make consumer finance amazing: faster, cheaper and friendlier.

Role

Who you are

  • Experience using Python and SQL
  • Strong proficiency with PyData stack
  • Knowledge of machine learning techniques and their respective pros and cons
  • Confident communicator and contributes effectively within a team environment
  • Self driven and willing to lead on projects / new initiatives

Desirable

  • Interest in machine learning engineering
  • Strong SQL and interest in data engineering

What the job involves

  • We are excited to be hiring a new Data Scientist into our team!
  • Lendable is the market leader in real rate risk-based pricing, offering consumers transparency and product assurance at the point of application
  • Data Science sits at the heart of this USP, developing the credit risk models to underwrite loan and credit card products
  • You will have access to the latest machine learning techniques combined with a rich data repository to deliver best in market risk models
  • The data science team develops proprietary behavioural models combining state of the art techniques with a variety of data sources that inform market-facing underwriting and pricing decisions, scorecard development, and risk management
  • Data scientists work across the business in a multidisciplinary capacity to identify issues, translate business problems into data questions, analyse and propose solutions
  • We self-serve with all deployment and monitoring, without a separate machine learning engineering team
  • Design, implement, manage and evaluate experiments of products and services leading to constant innovation and improvement
  • Learn the domain of products that Lendable serves, understanding the data that informs strategy and risk modelling is essential to being able to successfully contribute value
  • Rigorously search for the best models that enhance underwriting quality
  • Clearly communicate results to stakeholders through verbal and written communication
  • Share ideas with the wider team, learn from and contribute to the body of knowledge

Application process

  • Initial call with TA
  • Take home task
  • Task debrief and case study interview
  • Final interviews with Exec team

Salary benchmarks

Our take

Lendable competes with banks, other marketplace lenders, and consumer finance companies to provide loans to consumers, small businesses, and property developers. Last year the UK marketplace lenders loaned £7.3bn in total.

Lendable believes it can win in this crowded field due to its market-best customer service and its strong financials. Unlike Zopa, RateSetter, or Lending Works, their funding comes from institutional investors.

It originates and services the loans on behalf of institutional investors, but does not hold them on its own balance sheet.

Growing insolvencies will worry all marketplace lending platforms, but Lendable looks well placed to weather any credit storm given their substantial debt financing.

Steph headshot

Steph

Company Specialist

Insights

Top investors

Some candidates hear
back within 2 weeks

40% female employees

72% employee growth in 12 months

Company

Employee endorsements

Challenging work

"At Lendable I'm in a position to make decisions and engineer solutions on a product that's worth billions and growing all of the time. This brings..."

Funding (last 2 of 3 rounds)

Mar 2022

$279m

GROWTH EQUITY VC

Sep 2017

$6.5m

SERIES A

Total funding: $288.8m

Company benefits

  • Cycle to Work scheme
  • Onsite Yoga
  • Lunch cooked by onsite chefs 3 times a week
  • 25 days holiday (excl. bank holidays)
  • Work from home opportunities on Monday and Friday
  • Private Health Insurance (inclusive of dental and pre-existing conditions)
  • Share Options for all Employees
  • Regular team and company wide socials
  • Pension

Company HQ

London, UK

Leadership

Martin Kissinger

(Co-Founder & CEO)

Studied Economics as an undergraduate at LSE before doing an MPhil at Oxford University. Worked as an Entrepreneur in Residence at Rocket in Berlin.

Paul Pamment

(Co-Founder)

Studied Mathematics at Oxford University before taking up technical roles at a handful of startups.

Jakob Schwarz

(Co-Founder)

Worked as an Analyst at Goldman Sachs and then BCG before founding Lendable.

Worked as the Deputy Editor at the Economist before joining Martin Kissinger to co-found Lendable!

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