As a Data Scientist at Kapitus, you will develop models to support programs for the organization. You will then classify or categorize data to make predictions related to the models.
What you will do:
Model Development:
- Design, develop, and deploy machine learning models and algorithms to solve business problems or improve processes for Legal/Collections and Sales
- Build models to classify account transaction data to benefit underwriting process and merchant insights
- Build models including but not limited to credit risk, fraud, and offer acceptance propensity
- Perform through testing and validation of models and support various aspects of the business with data analytics, i.e., experience with data and model governance
- Research, design, implement and validate cutting-edge algorithms/models to analyze diverse sources of data to achieve targeted outcomes, i.e., be up to date on data science research (papers and libraries); be able to build and evaluate models yourself
Advanced Data Analysis:
- Conduct sophisticated analysis on top of models to derive meaningful insights and actionable strategy recommendations.
- Identify new data sources and patterns that add lift to predictive modeling capabilities; come in with existing knowledge about relevant datasets and services to leverage
- Conduct analysis and turn insights into actionable changes for predictive models or policies; have experience identifying and prioritizing the business impact
Statistical Analysis:
- Apply statistical techniques to interpret data, validate models, and ensure robustness of analytical solutions.
- Deliver informative and effective findings, results and recommendations from statistical analysis to stakeholders, both technical and non-technical audiences
- Recommend ongoing improvements to methods and algorithms currently in production
Collaboration:
- Work closely with cross-functional teams such as engineering, product management, and business stakeholders to understand requirements and deliver solutions.
What we are looking for:
- MS in Statistics, Economics, Finance, or other related quantitative field
- Strong understanding of Computer Science fundamentals
- 3-5 years of relevant experience in applying data science techniques to real-world problems
- Proven track record of building new models and improving existing models
- Strong attention to detail; excellent communication and project management skills
- Thorough understanding of statistical modeling techniques
- Strong proficiency Python and SQL for data manipulation, analysis, and modeling
- Strong understanding of Software Development Lifecycle (SDLC)
- Experience with exploratory data analysis and visualization
- Solid understanding of statistical methods and their application in data analysis and modeling
- Experience with machine learning techniques and libraries/frameworks (e.g., scikit-learn)
- Ability to work with large, complex datasets using tools like Pandas, Spark, or similar
- Strong analytical and problem-solving skills to translate business requirements into technical solutions
- Have a portfolio (e.g., website, github, paper references, etc.) of papers, visualizations, or software
- Excellent communication skills to articulate findings and insights to both technical and non-technical stakeholders.
Additional Requirements:
- Professional experience at a financial services organization
- Econometric modeling, traditional modeling techniques (regression, tree-based models), deep learning, Natural Language Processing (NLP)
- Agile, Scrum experience
- Strong SQL
- Big data; experience with Databricks or Snowflake, Linux, AWS
Kapitus Total Rewards Package Includes:
- Competitive Base Salary Range of $77,200-$123,900 Kapitus is providing this as a good faith salary range to comply with applicable law. The applicant's final salary will depend on a number of factors including the applicant's geographic location, skills, and experience
- Annual Incentive Compensation Eligibility – Up to 10% annually
- Health Insurance: We offer comprehensive medical, dental, and employer-paid vision plans through UnitedHealthcare (UHC), with various coverage levels available to meet the needs of our employees and their families.
- 100% Company Paid Insurances: Kapitus fully covers the cost of basic short-term and long-term disability insurance, as well as vision insurance, ensuring our employees have comprehensive protection without any personal expense.
- Voluntary Insurance: Supplemental life insurance as well as enhanced short- and long-term disability coverage are available through Mutual of Omaha, providing additional security for our employees. Additionally, Colonial Accident and Hospitalization insurances are also available, offering further protection against unforeseen events.
- Paid Maternity and Parental Leave: Beyond state-mandated leave policies, Kapitus provides company-paid maternity and parental leave, supporting our employees during important family milestones.
- LifeBalance Program: Enhance your lifestyle with our LifeBalance membership, which offers discounts on outdoor activities, the arts, health, and fitness. Additional benefits include:
- Pet and car insurance discounts.
- Financial services such as LegalShield.
- Relaxation and stress management tools, including a fully covered annual subscription to The Calm App.
- Plum Benefits Discount Program: Access exclusive discounts on shows, travel, car rentals, and more, enriching your personal and family life.
- Tuition Reimbursement: Pursue further education with up to $5,000 annually in tuition reimbursement, plus opportunities to attend relevant conferences and career development events.
- Transit Reimbursement: We also offer transit reimbursement for all work-related travel, supporting your involvement in career and personal development activities.
- Paid Time Off: Employees enjoy 120 Hours of Paid Time Off and can rollover up to 40 Hours to the following year, in addition employees receive 56 hours of Sick Time annually. Unused sick time does not expire; instead, it accumulates in a special accrual bank that never expires and can be utilized for FMLA needs or other approved leaves.
- Retirement Benefits: Our 401K plan is managed through Fidelity, featuring a 25% match on employee contributions, helping you plan for a secure financial future.
About Kapitus:
Kapitus is one of the most reliable and respected names in small business financing. As both a direct lender and a marketplace built with a trusted network of lending partners, we can provide small businesses with the financing they need when, and how it is needed.
We have spent our entire existence building a culture that makes us excited to come to work in the morning. Our company is fast paced, teammates need to be self-directed and have an internal motivation to do the right thing, even when the right thing takes a lot of hard work.
We show our teammates our appreciation by offering great benefits, competitive pay and solid opportunity for growth.
Company Mission:
At Kapitus, our mission is to help small business owners grow their organizations by providing tailored, transparent, and ethical financing solutions. We invest in every business owner’s story and we are dedicated to building lasting relationships to champion their goals. We promise to keep the best interests of our clients at the center of the financing process by operating with transparency, fairness, and integrity.
Consideration will be given to qualified remote candidates residing in states where Kapitus and/or one of its subsidiaries has an established physical presence.
