Staff Research Scientist - Revolutionizing Auto Lending with AI-Driven Machine Learning Models

Join the Future of Lending: Where Innovation Meets Impact

At Upstart, we're not just changing the game; we're rewriting the rules of the lending industry. As a Staff Research Scientist, you'll be at the forefront of this revolution, leveraging your expertise in machine learning and statistical modeling to drive the development of cutting-edge auto lending models. If you're passionate about harnessing the power of AI to make credit more accessible and affordable, we invite you to be part of our dynamic team.

About Upstart: Pioneering AI Lending Marketplace

Upstart is a trailblazer in the lending industry, pioneering an AI-driven marketplace that partners with banks and credit unions to expand access to affordable credit. Our innovative platform has transformed the lending landscape, enabling higher approval rates and lower loss rates across diverse demographics. With over two-thirds of our loans approved instantly and fully automated, we're redefining the lending experience.

As a digital-first company, Upstart offers the flexibility to work from anywhere in the U.S., with offices in San Mateo, California; Columbus, Ohio; and Austin, Texas. Our team is united by a shared mission to enable effortless credit based on true risk, and we're committed to fostering a culture of innovation, inclusivity, and collaboration.

The Auto Lending Revolution: Changing the Car Buying Experience

Upstart's Auto Lending team is at the vanguard of the auto lending revolution, developing sophisticated machine learning models that are transforming the car buying experience. Our product offers a fully end-to-end digital lending experience, powered by our leading AI lending technology. With a proven track record of reducing defaults by 53% at the same approval rate and achieving 5x more risk separation than traditional credit scoring models, we're making a tangible impact in the industry.

The Team: Collaborative and Innovative

The auto underwriting ML team is the heartbeat of our auto loan product, responsible for researching and building the models that evaluate the risk of every applicant. As a Staff Research Scientist, you'll be part of this talented team, working alongside Research Scientists, Data Scientists, ML Engineers, and other specialized roles. Our research environment encourages creativity, innovation, and experimentation, providing the freedom to pursue alternative approaches to solving complex problems.

The Role: Driving Innovation in Auto Lending

As a Staff Research Scientist, you'll play a pivotal role in driving the development of production-ready machine learning models that power our auto lending product. You'll work in a fast-paced environment, collaborating with a talented team that values curiosity, humility, drive, and teamwork. Your expertise will be instrumental in shaping the future of auto lending, and you'll have the opportunity to:

• Design, develop, and deploy high-impact machine learning models that drive business growth
• Collaborate with cross-functional teams to identify opportunities and prioritize projects
• Lead multiple projects, mentoring junior team members and providing technical guidance
• Communicate complex technical concepts to non-technical stakeholders, driving business decisions
• Stay at the forefront of industry trends, applying cutting-edge techniques to drive innovation

What We're Looking For: Expertise and Passion

To succeed in this role, you'll need:

• A strong academic background in computer science, statistics, mathematics, or a related quantitative field (Master's degree; Ph.D. preferred)
• 4-5+ years of experience in autonomous research and development of high-impact production models
• Full-stack expertise in machine learning, with proficiency in Python and experience with productionalizing code
• Deep understanding of statistical modeling, machine learning concepts, and engineering architecture
• Ability to lead projects, mentor team members, and communicate technical concepts to non-technical stakeholders
• A strong sense of intellectual curiosity, humility, drive, and teamwork
• Alignment with Upstart's mission and values

What You'll Love: A Rewarding Career and Culture

At Upstart, we offer a comprehensive benefits package, including:

• Competitive compensation (base + bonus & equity)
• Comprehensive medical, dental, and vision coverage
• Personal development and technology budgets
• Life insurance and disability benefits
• Clubs and activities (Game Nights, Fitstarters, Superwomen, Book Club, and more)
• Generous vacation policy
• 401(k) and Employee Stock Purchase Plan (ESPP)
• Catered lunches + snacks & drinks

The anticipated base salary for this position is between $169,900-$235,000 USD, depending on location and experience. We also offer target bonuses, equity compensation, and a generous benefits package.

Ready to Make a Difference?

If you're passionate about harnessing the power of AI to drive innovation in the lending industry, we invite you to join our team. As a Staff Research Scientist, you'll be at the forefront of a revolution that's making credit more accessible and affordable. Apply now and be part of a dynamic team that's shaping the future of lending!

Upstart is an Equal Opportunity Employer, committed to embracing diversity and inclusion in our hiring practices. We celebrate all cultures, backgrounds, perspectives, and experiences, and know that we can only become better together.