Senior Data Scientist

About this role

About iBusiness Funding

iBusiness Funding is a software and lender service provider specializing in small business lending. Our technology, team, and process enable us to support loans from $10,000 to $25 million for our lending partners. Our technology solutions have been proven to quickly scale our clients’ portfolios without the need for additional overhead. Our flagship product, LenderAI, features end-to-end lending functionality from sales all the way through servicing

To date, we’ve processed over $11 billion in SBA and non-SBA volume and handle more than 1,000 business loan applications daily. Our team is driven by our core values of innovation, integrity, enjoyment, and family.

Join us and be part of a team that’s transforming the finance industry and empowering businesses to thrive!

Role Description:

We are looking for a Data Scientist join our Decision Sciences team and contribute to the development of credit risk decisioning tools for small and medium sized businesses.

Major Areas of Responsibility:

In this role, you will:

• Develop and maintain credit risk models and tools to evaluate the creditworthiness of small business loan applicants.

• Collect data from various structured and unstructured sources, producing creative new features for use in models.

• Carefully monitor model performance and advise on Model Risk Management strategy.

• Produce detailed model documentation for stakeholders and regulators.

• Work with product teams to deploy models to a cloud environment.

• Interact with various stakeholders, providing expert guidance on how best to utilize machine learning to achieve business objectives.

• Work with the credit strategy and customer analytics teams to get the most value out of the models built.

• Support ad-hoc risk analyses and projects as required.

Required Knowledge, Skills, and Abilities:

• Strong analytical background with data-driven decisioning mindset.

• A bachelor’s degree in...