Lead Data Scientist, Credit Risk at Chime (Chicago)

Chime is a fintech company offering banking services and personal loans to millions of members. We are looking for an experienced Credit Risk Data Scientist who is data-driven, has strong analytical and technical skills, and operates with a high degree of ownership. In this role, you will lead the credit strategy that lets Chime lend to people before they have a relationship with us — starting with Instant Loans for new members (top of funnel) and expanding to future unse

Key responsibilities

• Own credit strategy for new-to-Chime applicants across the member lifecycle, starting with Instant Loans for prospects (top of funnel)
• Develop and evolve channel-specific credit policies (pre-approval / prescreen, direct mail, open application, referrals
• Design and continuously iterate acquisition, loan amount / line assignment, pricing, line management, repayment, and collections strategies
• Leverage credit bureau (e.g., Experian), alternative, and internal Chime data to underwrite applicants with no prior Chime relationship
• Design and read out champion/challenger tests and controlled ramps, and quantify trade-offs among approvals, losses, direct deposit conversion
• Partner with Finance and Strategy to size new channels and forecast approval funnels, vintage losses, and unit economics; set launch criteria

Requirements

• A Master's degree (required) in Statistics, Economics, Engineering, Math, Finance, Computer Science, or another quantitative discipline
• 7+ years of analytical or data science experience in Financial Services, preferably at a FinTech company
• 4+ years of experience building and managing risk for unsecured credit products such as installment loans, lines of credit, or credit cards
• Hands-on experience with credit bureau data and prescreen, pre-approval, or direct mail credit programs
• Experience with credit furnishing, bankruptcies, delinquency, and write-off policies, and working knowledge of consumer lending regulation (FCRA
• Excellent SQL and Python skills, advanced Microsoft Excel skills, and experience working in Looker or a similar business intelligence tool

Location and schedule

• Onsite in Chicago, Illinois

Salary and benefits

US base salary $152,000 to $210,000 a year. Chime also offers benefits; the full list is on the posting.

How to apply

Apply on the company's own site.