[Remote] Staff Data Scientist - Loss Forecasting & Portfolio Analytics

Note: The job is a remote job and is open to candidates in USA. SoFi is a next-generation financial services company transforming the way people interact with personal finance. The Staff Data Scientist will be responsible for forecasting losses across various lending products, developing quantitative and machine learning models, and collaborating with multiple business units to provide insights and improve forecasting accuracy. Responsibilities • Develop loss projections for SoFi’s lending products, including Personal Loans, Student Loan Refinances, and Private Student Loans • Draw strategic insights from data using statistical analysis tools to inform decisions and support SoFi’s overarching strategic goals relative to loss prevention and profit optimization. Bring new ways of thinking, data sources, technologies, and capabilities to SoFi • Develop stress testing framework using macroeconomic data to provide insights into the business and enable the company to plan proactively for economic downturns • Improve forecasting accuracy and productivity. Ensure good documentation and control of forecasting methodologies and procedures • Explore external credit data to identify trends in the market and industry • Work with Business Units, Operations, Product, Capital Markets, Finance, Accounting, and Risk partners to ensure correct loss expectations and trends of losses are communicated effectively and executed appropriately • Be inspired by dynamic leaders and our rapidly growing business. We are recruiting the best, brightest, and most passionately quantitative team members Skills • 7+ years of related experience with a Master's or PhD degree • Proven advanced analytical and technical skills in conducting sophisticated data analysis and building loss forecasting models and projections • Business acumen and work experience in the consumer lending business (loans or credit cards) • Proficient in Python, SQL & Tableau • Strong communication and presentation skills. Demonstrated ability to synthesize and communicate analysis to business partners and senior management • High motivation to drive results, eager to learn, and able to work collaboratively in a fluid environment • Prior experience in credit loss forecasting is a must • Experience using credit bureau sandbox data • Experience in developing credit risk strategies Company Overview • SoFi is a finance company that offers a range of lending and wealth management services. It was founded in 2011, and is headquartered in San Francisco, California, USA, with a workforce of 1001-5000 employees. Its website is Company H1B Sponsorship • SoFi has a track record of offering H1B sponsorships, with 213 in 2025, 117 in 2024, 131 in 2023, 118 in 2022, 81 in 2021, 42 in 2020. Please note that this does not guarantee sponsorship for this specific role. Apply tot his job Apply tot his job Apply To this Job