Machine Learning Engineer (Core ML)
Gitty
Posted: December 4, 2023
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Quick Summary
Machine Learning Engineer (Core ML) with expertise in machine learning and data science, responsible for developing and deploying machine learning models to improve credit card processing efficiency.
Required Skills
Job Description
#SWE-AVN
Our client, a pioneer in reshaping consumer credit using innovative technology, is committed to reducing capital costs. They strongly believe in universal access to capital, crucial in today's capital-based economy, with over $1 trillion in unsecured credit card revolving balances.
The journey of credit cards since the '60s, culminating in balances exceeding $1 trillion in 50 years, reveals the existing challenges. Unsecured credit, despite its efficiency in quick underwriting and access to capital in 1-3 days, comes at a high cost (15-25% APR). Conversely, secured capital involves high origination costs and prolonged processes (weeks in underwriting, months for access) but offers cheaper rates (Funding:
Backed by substantial equity funding of over $250 million, our client comprises a well-capitalized team comprising technology (Microsoft, Facebook) and finance (Square, Discover, CapitalOne, Goldman) experts. With top-tier investors like Founders Fund, Khosla Ventures, Caffeinated Capital, Max Levchin, NYCA, and Sequoia, our client continues to lead the charge in transforming consumer credit. Additionally, they recently secured Series D funding, further solidifying their position in this innovative endeavor.
Role:
At our client's company, the primary focus lies in crafting intricate financial workflows, especially regarding the facilitation of credit lines and the retrieval of payments from individuals.
Key Areas of Emphasis for ML Engineers at Our Client's Company:
• Response Modeling
• Risk Modeling
• Building models to estimate income and employment stability
• Designing Pricing Models
• Creating Anti-Fraud Models
• Automating human operations for increased efficiency
This position offers an exceptional opportunity to be at the forefront of technological innovation and to shape the future of a fast-growing startup. If you are a motivated MLE eager to make a substantial impact through your analytical expertise and strategic insights, we would love to hear from you. Cash Comp in the range of $200K-$300K.