Senior Data Scientist at Alloy

| Greater NYC Area
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Alloy is where you belong!

We’re the leading provider of digital identity management and support innovative FinTech companies, and top tier banks to manage KYC, AML, and other components of client onboarding. Alloy’s single API enables its clients to access over 50 third party data sources in real-time to improve decision-making and streamline client experiences. We're backed by venture capital firms that have taken countless companies to IPO like Bessemer Venture Partners, Primary Venture Partners, Eniac Ventures, and others and well positioned to bring on incredibly talented individuals to help take us to the next level!

Why we’re hiring

Alloy (alloy.co) is building the operating system for risk and identity that powers fintechs and forward-looking banks. We help our clients quickly make the most important decisions - in particular whether to open accounts or approve transactions - while minimizing risks like fraud and money laundering and satisfying "Know Your Customer" regulations. Alloy recently closed our Series A lead by Bessemer Venture Partners (read their case for Alloy here: https://www.bvp.com/news/bessemer-series-a-investment-alloy), was named one of Forbes Cloud 100 Rising Stars 2019, and is growing like crazy. We're looking to add a Senior Data Scientist to our data team to lead modeling efforts around risk and fraud. 

Data is at the center of our product and mission at Alloy - we are part of the core Product and Engineering group, and our work directly contributes to the product's decision support capabilities around fraud and risk. You’ll work with a modern tech and data science stack - Postgres, Python (pandas, scikit-learn, jupyter), R, AWS on the data team - alongside friendly coworkers that collaboration, flexible work arrangements, working reproducibly, testing, and software craftsmanship. You’ll be a valued member of a friendly and experienced engineering team, working closely with backend and frontend engineers. Our data team's culture values curiosity, learning, connecting data to Alloy's strategy, open source tools, rigor, and a spirit of relentless resourcefulness.

If you are analytical, good at taking on big, complex questions, and like the pace and career growth opportunities afforded by working at a fast-growing early stage startup, then we'd like to meet you! Come join an exciting startup company in the FinTech space named one of Forbes Cloud 100 Rising Stars 2019: 20 Up-And-Comers! 

What you’ll be doing 

As the Senior Data Scientist at Alloy, you'll:

  • Take ownership of our modeling efforts and how modeling happens at Alloy, including how we build, train, deploy and monitor models that help us distinguish 'good' applications from fraud
  • Ensure that live production models are served with high uptime/reliability and extremely low latency (<150 ms)
  • Articulate a feature engineering strategy for extracting signal from varied inputs and partner with our data engineering team to build a reliable pipeline to generate, store and use new features in production.
  • Expand the range of outcomes that we model, expanding beyond basic two-category classification to more robust models that identify particular fraud modalities
  • Deploy time-series models that score streams of transaction data and integrate with our onboarding models to provide a real-time view of risk
  • Hire junior data scientists and build out the data science vertical inside the data team

On a given day, this work might entail:

  • Analyzing closure data to improve the performance of a fraud model
  • Applying ML interpretability techniques to help explain and present the most salient features to a particular prediction made by a fraud model 
  • Working with our data engineering team to propose upstream changes in how cleaned training data is made available for modeling 
  • Working with our product team to update the roadmap for the future and vision of our custom modeling product and prioritize what we'll ship in the next quarter
  • Working with our customer analysis team to add more ML insights to our replicable client analyses
Who we’re looking for

Reporting to the Head of Data Science, the Senior Data Scientist will likely have:

  • A blend of ML/statistics experience and prior experience working on or with software teams to deploy ML models in production
  • Our production code is largely Python so familiarity with the Python data science stack is a must, but candidates whose primary experience is in R / Scala / Julia should not hesitate to apply
  • We particularly value candidates with strong pure math/physics backgrounds who are interested in applied problems
  • Prior experience in financial services (especially credit modeling) is a strong plus, but not a requirement
  • The seniority level for this position is mid-to-senior, and as such, successful applicants will have two+ years professional experience as a data scientist or similar role

Beyond the technical requirements for the role, we are looking for candidates who are curious, humble, quick learners, and strong communicators. Having strong organizational and prioritization skills will help you navigate the changes in company structure, product strategy and mix of job responsibilities that are inherent to a growing startup.

We are a lean team, so your impact will be felt immediately. If this all sounds like a good fit for you, why not join us?

How to Apply

Apply right here! You've found the application!

Alloy is proud to be an equal opportunity workplace and employer. We’re committed to equal opportunity regardless of race, color, ancestry, religion, gender, gender identity, parental or pregnancy status, national origin, sexual orientation, age, citizenship, marital status, disability, or veteran status.


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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavascriptLanguages
    • PythonLanguages
    • RLanguages
    • SqlLanguages
    • ReactLibraries
    • DjangoFrameworks
    • Node.jsFrameworks
    • PostgreSQLDatabases
    • RedisDatabases
    • Google AnalyticsAnalytics
    • SisenseAnalytics
    • IllustratorDesign
    • InVisionDesign
    • PhotoshopDesign
    • SketchDesign
    • TrelloManagement
    • NotionManagement
    • HubSpotCRM
    • SalesforceCRM
    • SendGridEmail

Location

Chinatown has masterfully preserved its roots amidst the ever-changing landscape of Manhattan with its richly diverse culture and sense of tradition.

An Insider's view of Alloy

What’s the vibe like in the office?

The best way I can describe it is a silly encouraging family who happens to love KYC. I am surrounded by supportive, brilliant co-workers, who are all very much themselves with an undisputed passion for the company as well as a leadership team that genuinely cares about the well being of their employees.

Leigh

Software Engineer

What's the biggest problem your team is solving?

Basic financial services should be safe and seamless for EVERYONE to sign up for. With every client my team (sales) brings on, we’re making financial products more accessible.

Monica

Business Development Senior Associate

What makes someone successful on your team?

Curiosity and grit will set you up for success on our team! When I joined Alloy, I learned about the relationship between identity and bank applications. From there, I created a knowledge base for clients, and today I manage our support team.

William

Client Success Support Manager

What is your vision for the company?

Alloy wants to enable fair, safe and seamless financial services for better identity decisions and more inclusive banking.

Laura

Chief Revenue Officer

What are Alloy Perks + Benefits

Alloy Benefits Overview

Perks & Benefits
- Unlimited PTO plan encourages team members to take time off so they come back refreshed
- FSA/FSA Dependent/HSA with $100/mo employer contribution
- Premium medical, dental, and vision coverage for employees and their dependents
- Eden Health Care Teams that provide integration of COVID-19 screening and testing, 24/7 primary care both virtually and in person in our offices, mental health, benefits navigation and more
- $200 matching donations for employee's choice of non-profit
- $500 home office stipend to get your remote working environment up to par
- $130/mo commuter benefits contribution to help you with transportation costs
- $100/mo wellness benefits contribution to spend as you'd like on gym memberships or ClassPass
- $120/mo in Seamless credits to order delicious grub when you want it
- $90/mo in Public Goods credits to buy all the things you need for household supplies
- $5,000 employee referral program ($1,000 charitable donation to employee's choice of a non-profit + $4,000 directly to the employee)
- 4 free therapy sessions through Samata Health for every team member to support your mental health
- Weekly workout and yoga sessions on Tuesdays and Wednesdays
- Complementary Citibike annual membership to help you go to and fro
- Up to 16 weeks parental leave options and support in returning to work
- Flexible work hours to accommodate your needs
- Memorable team events, retreats, and off sites throughout the year like visiting a goat sanctuary bee farm, plant propagating class
- In office Mother's room
- In office massages to help relax
- Conveniently located office (New York’s Chinatown)
- Pet-friendly work environment
- And so many snacks

Culture
Friends outside of work
Eat lunch together
Intracompany committees
Daily stand up
Open door policy
Team owned deliverables
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Mean gender pay gap below 10%
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Inclusive candidate experiences Hiring and unconscious bias training
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Dental Benefits
Vision Benefits
Health Insurance Benefits
Wellness Programs
Team workouts
Alloy's team fitness initiatives include weekly remote workout or yoga sessions.
Mental Health Benefits
Four free therapy sessions!
Retirement & Stock Options Benefits
401(K)
Alloy's 401(k) retirement plan offers a broad selection of stocks, bonds and international index funds to choose from with low expense ratios and fees.
401(K) Matching
Alloy provides employees with a 401(k) matching plan. We match 100% of contributions up to 4% of an employee's annual gross pay.
Company Equity
Alloy offers stock options, including vesting over a three-year period with a standard one year cliff.
Performance Bonus
Match charitable contributions
Alloy matches up to $200 per employee charitable contributions.
Child Care & Parental Leave Benefits
Generous Parental Leave
We provide up to 16 weeks of parental leave for the primary caretaker. Alloy. also provides 16 weeks of leave for the secondary caretaker.
Flexible Work Schedule
Remote Work Program
Our remote work program includes work from home until at least 2021
Family Medical Leave
Return-to-work program post parental leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Our game room includes Ping Pong, and Video Games.
Stocked Kitchen
Alloy has a fully stocked kitchen including unlimited snacks, coffee, tea and all of the flavored LaCroix + Spindrift you can handle.
Some Meals Provided
Happy Hours
Happy hours are hosted once per month with memorable events throughout the month held virtually.
Parking
We offer employees parking for bikes in our office!
Pet Friendly
Alloy's pet policy is dog friendly daily
Recreational Clubs
Get involved at Alloy like our Book Club!
Relocation Assistance
Fitness Subsidies
Home Office Stipend for Remote Employees
$500 no questions asked stipend
Professional Development Benefits
Job Training & Conferences
Diversity Program
Lunch and learns
Cross functional training encouraged
Promote from within
Continuing Education stipend
Customized development tracks

Additional Perks + Benefits

Our culture and community supports team members to feel appreciated, motivated, and pride in their work. Alloy works tirelessly to provide team members with meaningful and thoughtful benefits & perks whether if it is to support those big moments in life like birthdays, anniversaries or new additions to the family or to celebrate company milestone like our recent Series B raise! We love to show gratitude for hard work and successes through things like CEO Care Packages, a shoutout in the #props slack channel or by an Executive Leader in company wide meetings for a job well done, pick me up gestures, and other fun surprises. We care a lot about our team members, which is why we also conduct an annual survey to assess our benefits offerings. Because of that, we're continuously making improvements to things like our health insurance plans, 401k matching program, or HSA employer monthly contributions to name a few. In addition, every employee receives stock options in the company sharing in the company's success.

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