Mission Lane

Principal Data Scientist

Mission Lane$173K — $203K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • PhD in a quantitative field with 3+ years of relevant experience or BS/MS in a quantitative field with 7+ years of experience.
  • Proven experience managing supervised learning models in production for critical applications.
  • Strong technical mentoring skills to support less experienced data scientists.
  • Expertise in software engineering best practices, including test-driven development and code reviews.
  • Familiarity with the PyData stack and solutions like Spark and Kubernetes.

Responsibilities

  • Design and develop machine learning models to address practical business problems.
  • Collaborate with business leaders to explore new data sources and enhance modeling methods.
  • Apply sound risk management practices to model deployment.
  • Lead technical discussions to operationalize and evaluate models for real-world applications.
  • Innovate in the development of both established and emerging machine learning tools.

Benefits

  • Engaging company culture with training programs and growth opportunities.
  • Comprehensive health, dental, and vision benefits, along with flexible spending accounts.
  • Generous paid time off and flexible scheduling options.
  • Employee wellness programs including a Calm App subscription.
Full Job Description
We9re looking for a Principal Data Scientist to be the technical anchor for Mission Lane9s collections models, reporting to the Director, Data Science.

The impact you9ll make:

Nobody wants to fall behind on a payment, but life gets in the way sometimes. How Mission Lane responds in those moments depends on the models you9ll build.

What helps someone move forward isn9t the same from person to person. Some respond to a text, some need a conversation, some just need more time. Working out which is which is one of the most interesting open questions here, one the field hasn9t fully solved yet.

Mission Lane is young, but we9ve landed in an exciting, stable stretch of maturation. The collections data science practice specifically is still taking shape, so there9s room to define what 4good4 looks like here.

What you9ll own:
  • Implementation of the data science roadmap for collections, serving as the primary technical point of contact day to day, and setting the standard for rigor and production quality across the data scientists, consultants, and contractors working alongside you
  • End-to-end models that anticipate how customers are likely to respond to different kinds of outreach, and that shape which approach Mission Lane uses and when
  • Durable internal modeling practices that reduce how much of this work needs to run through outside consultants over time

Our core tech stack includes:
Python and the PyData stack (numpy, polars, scikit-learn), LightGBM, DVC, Kubernetes, Airflow, Google Cloud, MLFlow, BentoML, and Chalk, our feature store.

You9ll thrive in this role if:
  • You adapt quickly to a new domain. You don9t need collections experience in order to pick up the business context fast and connect it to the technical problem.
  • You can trace a modeling choice back to the business problem it9s solving, keeping the modeling technique in service of the goal.
  • You can explain your reasoning clearly enough that consultants, contractors, and full-time teammates alike can pick up your standard and run with it.

Minimum qualifications:
  • A PhD in a quantitative field and 3+ years of experience in a related role, or a BS/MS in a quantitative field and 7+ years of experience in a related role
  • Has created, deployed, and managed supervised learning models in production systems for vital applications
  • Shares best practices for software engineering and can help experienced data scientists work through complex technical problems, especially operationalizing and evaluating models for real-world use
  • Practices solid software engineering fundamentals (test-driven development, code review, refactoring) and works fluently in our core tech stack
  • Interested in a wide range of ML tooling, from established tools (Spark, Kubernetes, Airflow, MLFlow) to emerging ones (Chalk, BentoML, DVC)
  • Experience assuming project leadership on a workstream, working independently with guidance focused on priorities and key objectives
  • Ability to travel ~4+ times per year for high quality in-person collaboration

Compensation: Annual full-time starting base salary range: $173,000 - $203,000

This role is eligible for additional compensation in the forms of participation in our annual incentive and equity programs.

Pay is based on factors such as work experience, education, certification(s), training, skills, and competencies related to the role. Mission Lane also offers a comprehensive benefits plan, which includes paid time off, 401(k) match, a monthly wellness stipend, health/dental/vision insurance options, disability coverage, paid parental leave, flexible spending account (for childcare and healthcare), life insurance, and a remote-first work environment.

About Mission Lane

LendUp was an American online direct lender. It offered payday loans, installment loans, and credit cards to consumers with low credit scores using publicly available data to assess creditworthiness. The company referred to its customers as “the emerging middle class.” LendUp also issued credit cards in partnership with Tom Steyer's Beneficial State Bank. LendUp was co-founded by in 2011 by stepbrothers Sasha Orloff and Jake Rosenberg and incubated at Y Combinator.The company positioned itself as a "socially responsible lender," and claimed to provide access to financial services for "underbanked" Americans in addition to lower cost credit and credit-building opportunities. LendUp received $325 million in equity and debt financing from PayPal, Kleiner Perkins Caufield & Byers, Google Ventures, Andreessen Horowitz, Alexis Ohanian, Y Combinator and QED Investors, among others. In an article published shortly after the company's launch, Time Magazine wrote that LendUp "says it’s not like other payday lenders. Yet the fees it charges — a little over $30 to borrow $200 for two weeks — are similar to what its competitors charge." In 2016, LendUp paid $6.3 million in fines for deceptive practices and widespread violations of payday and installment loan laws. In 2016 it was again sued by the Consumer Financial Protection Bureau for violating the Military Lending Act.
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