Address : 322 Rhett St, Greenville, South Carolina, United States - 29601
Purpose Financial, Inc. is an innovative consumer financial services company that offers a diverse suite of credit products, promoting financial inclusion and meeting consumers wherever they are. Through its brands, the company is committed to helping customers achieve their version of financial stability in the moment and in the future. Since 1997, Purpose Financial has been a pioneer in the consumer credit and financial services market offering money solutions in over 1,000 storefronts locations and online lending. Providing services in over 20 states, Purpose Financial employs over 2,700 team members.
At Purpose Financial, our people are our greatest asset. We are inclusive and encourage different points of view. We all belong here. We respect our colleagues. We value our customers, and we support our communities.
What do we do? Our sole purpose is to help each customer achieve their version of financial stability in the moment and in the future.
We have a history! Consumers know that when they choose Purpose, they’re backed by a trusted, reliable financial services company with 25 years in the business, 2,700+ employees, 1,000+ store locations, and operating in 24 states.
Benefits and Perks. We believe our employee benefits should make life better. Purpose Financial offers a comprehensive benefits package to everyone on our team.
Health & Welfare Benefits. When you take care of yourself, you’re a better you – which is better for everyone!
Health Savings & Flexible Spending Accounts. Pre-tax money for your family’s out-of-pocket expenses.
401k with Matching Contributions. Think bigger! You can build a better future.
Wellness & Employee Assistance Programs. Take care of yourself in every way that matters.
Generous Vacation Policy & Paid Time Off. Time off to take care of yourself, your family – and your bucket list!
Volunteer Days. We want you to care. Always. Take 2 days off each year to volunteer and make a difference in your community.
Tuition Reimbursement. Pursue your goals without fretting over all the costs.
Employee Discounts. Save on home and auto insurance, cell phone service, entertainment, shopping, pet insurance and even travel.
Performance Incentives & Awards. We want you to feel valued for all your contributions.
Hybrid Workforce Support. We believe in getting it done – in whatever way works best for you and your team.
Want to meet our executive team? Visit our home page at www.havepurpose.com.
Job Summary
Purpose Financial is seeking an experienced Lead Data Scientist to join our Data Science team to help manage our lending portfolio. The ideal candidate will have a comprehensive understanding of the line of credit lifecycle business and work closely with a team of data scientists and analysts. The primary duties will include constructing and deploying stochastic and deterministic models to support the company's profitability, performance analysis, test/control strategies, and other lending decisions. Furthermore, the role will involve mentoring and guiding junior analysts. The successful candidate must have the capacity to adapt to change quickly and fulfill all assigned and requested responsibilities.
Job Responsibility
- Mange the development and implementation of advance statistical and machine learning models across the customer lifecycle to include customer acquisition, onboarding (operational processes), credit underwriting, product optimization, and collections.
- Provide technical leadership and guidance to the data science team, ensuring high-quality output and adherence to best practices.
- Monitor consumer loan portfolio and optimize profit-based risk management decisions at all stages of the customer credit life cycle, including (but not limited to) new customer acquisition, underwriting, conversion, collections, and retention.
- Independently designs experiments to enable longer term optimization of decisions, line assignment, and offer terms across our menu of financial products and customer segments.
- Collaborate with Finance and Business Intelligence to build and improve monitoring of portfolio KPIs and product strategy.
- Stay up to date with the latest developments in data science and machine learning and evaluate how they can be applied to enhance our lending processes.
Education Required
Master’s Degree in Quantitative Field (Engineering, Statistics, Mathematics, Economics, or other comparable quantitative field) required or Bachelor’s Degree in Quantitative Field (Engineering, Statistics, Mathematics, Economics, or another comparable quantitative field) required.
Experience Required
Three (3) years of experience working in data-science or a related field, with a focus on credit risk management.
Knowledge Required:
- Experience in lending and line of credit is essential.
- Proficiency in R/Python, SQL, or another analytical tool is a must.
- Experience in building stochastic models.
- Strong knowledge of data modeling, machine learning, and statistical techniques.
- Comfortable with solving complex problems, working with computers and technology, and using higher level mathematics. Ability to combine data from multiple sources and manipulate to analyze and interpret business performance.
- Excellent written and verbal communications skills as would be needed to communicate in person, by phone, and through email. Ability to quickly learn all technology needed to perform the role.
Physical Requirements
Sitting for long periods of time; standing occasionally; walking; bending; squatting; kneeling; pushing/pulling; reaching; twisting; frequent lifting of less than 10 lbs., occasional lifting of up to 20 lbs.; driving and having access during the workday to an insured and reliable transportation; typing; data entry; grasping; transferring items between hands and/or to another person or receptacle; use of office equipment to include computers; ability to travel to, be physically present at, and complete the physical requirements of the position at any assigned location.
Competencies
- Achieved Desired Results
- Analysis/Problem Solving
- Integrity
- Customer Advocacy
- Interpersonal Skills
- Results/Accountability
- Inclusiveness
- Adaptability
Travel - 0 - 10%
Attire - Business Casual
Other - Must be eligible to work in the USA and able to pass a background check.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Professional development assistance
- Referral program
- Relocation assistance
- Retirement plan
- Vision insurance
Compensation package:
Experience level:
Schedule:
Ability to Relocate:
- Greenville, SC 29601: Relocate before starting work (Required)
Work Location: Hybrid remote in Greenville, SC 29601