Cortex · 1 day ago
Sr. Data Scientist
United States
Full-time
Remote
Mid, Senior Level
4+ years expCortex is a company focused on risk management, and they are seeking a Senior Data Scientist to develop and validate statistical and AI/ML models. The role involves optimizing credit and operational strategies, collaborating with various teams, and leading data studies to enhance algorithm efficiency.
Consumer LendingFinancial ServicesFinTechMarketing
Responsibilities
Develop, maintain, and validate statistical and AI/ML models that assist in optimizing credit and operational strategies across the consumer lifecycle
Consumer acquisition models across various channels including Direct mail, lead generation and other strategic partnerships. These models are employed to predict with accuracy, metrics such as propensity to response, take up rates and Customer Acquisition Cost (CAC)
Underwriting models that assist in estimating early pay default, credit losses, and Loss Given Default (LGD) metrics
Fraud detection algorithms that identify fraud rings, third party fraud and first party fraud in a variety of customer acquisition scenarios
Development of account management models that predict likelihood of line usage, propensity to pay and default metrics
Collaborate with the portfolio management, marketing, loss mitigation and default services teams to deploy statistical and AI/ML algorithms that improve consumer experience, precision in estimating credit worthiness and improvement in unit economics across the consumer life cycle
Collaborate with the technology, product and other teams to deploy the algorithms into decision engine or other platforms in an efficient manner
Participate and lead data studies with external parties including Transunion, Experian, and Equifax to improve the efficiency of the algorithms used across the consumer lifecycle
Undertake R&D and testing of state-of-the-art modeling techniques including neural networks, deep learning, unsupervised techniques and benchmark against traditional and statistical modeling algorithms such as logistic regression, linear regression, principal component analysis etc
Qualification
Required
Master's degree in Statistics, Mathematics, or a related field (or its equivalent)
4 years of related experience
Statistical and AI/ML model development for credit and operational strategies
Machine learning techniques and algorithms (including neural networks, deep learning, unsupervised learning)
Risk strategy implementation for credit line management, collections, and authorizations
Statistical software (SAS)
Programming language (Python and R)
Query languages (SQL) for data analysis
Company
Cortex
Cortex specializes in consumer marketing, loan servicing, compliance and investor services for the subprime market.
51-200 employees
H1B Sponsorship
Cortex has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
Funding
Current Stage
Growth StageCompany data provided by crunchbase