Sr. Data Scientist - Pricing (remote)

About Katapult

Katapult’s mission is simple: Our technology inspires financial possibility. Our vision is to create a world where financial barriers no longer exist by providing disruptive technology that empowers and simplifies the shopping experience. Our values speak volumes about how we operate. We enhance the lives of our employees, customers, and retail partners by providing transparent, innovative and empowering financial products. We achieve extraordinary results through commitment, integrity and teamwork. We create opportunities for success and growth everyday. Inclusion is in our DNA, together we are stronger. We persevere, we work hard, we play hard, we win big.

Katapult is the leading omnichannel point-of-sale solution in the alternative consumer finance space. We create opportunities for consumers to buy the items they need while empowering merchants to expand their customer reach.

We believe that opportunity is everything, and our people are the key to success. We are always on the search for individuals who strive for excellence, possess a willingness to learn and bring their best to the table each day. With a comprehensive benefits package, a culture of engagement, and advanced career growth opportunities, Katapult is constantly focusing on people. Visit our careers page for a full list of career opportunities: https://teamkatapult.bamboohr.com/jobs

Position Overview

This position can be remote or in the NY, NY or Plano, Texas area. Analyze and manage risk management issues by identifying, measuring, and making decisions on fraud, and credit risks. Drive the appropriate design, implementation and execution of pricing and risk management framework and related policies and standards. Extract insights from highly complex and large data sets to identify credit and fraud risk patterns through advanced data mining and machine learning techniques. Work with stakeholders in product and finance to identify growth and market trends, pricing patterns and performance forecasting using advanced statistical and inference methods. Conduct risk assessment, monitoring and reporting of emerging and evolving risks and risk management deficiencies, in alignment with Katapult’s business objectives. Create and deploy analytics and data visualization tools to be used by senior management and partners in decision makings and risk management. Enhance and develop organization capability around risk governance and decision processes. Design and implement new tools to track the risk appetite and key risk indicator metrics to ensure effective challenge and controls.

Primary focus will include solving one of the world's largest problems: financial inclusion. Our team is working on cutting edge work in the field of Data Science and Machine Learning using unique data to give people in emerging markets access to credit. Our Data Scientists will partner directly with Credit, Risk, Software Engineering, and BI Teams to develop and iterate models that promote our vision of financial access for a billion people in emerging markets around the world.

Primary Job Duties Include (but are not limited to):

• Work directly and collaborate with the other Risk team to understand the performance, risk, and financial impact on the portfolio, identify opportunities to meet investment target.
• Develop credit strategy including fraud/credit rules, behavior models, credit limit assignment, pricing decision, and all life cycle customer management strategies.
• Monitor the portfolio performance and propose the strategy enhancement.
• Participate cross-functional brain storm session to maximize business opportunities.

• Qualifications:
• 5+ years of experience in a Data Science role or equivalent position
• A Masters or PhD in a quantitative field
• Fluent in Python and packages related to machine learning
• Familiar with the P&L of credit industry
• Excellent communication and interpersonal skills
• High attention to detail and very organized, with keen analytical and problem-solving skills.
• Ability to function independently and work on a team in a fast-paced startup environment
• Experience with pricing experiment design and strategy development - preferred

Benefits and Perks

At Katapult, there is a lot more to consider than just base pay! We pride ourselves in offering an extraordinary total compensation and benefits package including the following:

• Healthcare (Empire Blue Cross plans) starting at $0.00 for your entire family coverage
• Dental
• Vision
• Telemedicine (Tele-Doctor)
• Paid Maternity & Paternity Leave
• 401K (100% company match - up to 5% of annual salary - immediate vesting of company contributions)
• Paid Flexible Vacation & Personal Time Policy (Unlimited PTO)
• Life Insurance
• Pet Insurance
• Commuter Benefits
• Employee Assistance Program (access to counseling)
• Legal Services

Inclusion is in our DNA. Katapult hires the best candidates without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state and local law.