Data Scientist - Model Developer / Statistician

Discover Financial
Nottingham
Workplace: HybridFull timeFunction: Data Science & Machine LearningSkills: ["Collaboration","Natural curiosity","Proactive engagement","Communication","Continuous learning"]

Develop and maintain underwriting models that support critical customer lending decisions. You’ll explore and evaluate complex data using advanced feature generation techniques, design statistical tests to learn new areas of the market, and build reliable, maintainable Python code. Partner cross-functionally with business teams to translate statistical and machine learning insights into actionable recommendations while applying model risk management practices, validation, and monitoring.

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Discover Financial
Discover Financial
2 days ago

Data Scientist - Model Developer / Statistician

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Source: Company careers pageValidated by: Fursa AI
Last checked: 3 hours agoStatus: Live

Job Summary

Develop and maintain underwriting models that support critical customer lending decisions. You’ll explore and evaluate complex data using advanced feature generation techniques, design statistical tests to learn new areas of the market, and build reliable, maintainable Python code. Partner cross-functionally with business teams to translate statistical and machine learning insights into actionable recommendations while applying model risk management practices, validation, and monitoring.
Location: Nottingham
Workplace: Hybrid
Employment Type: Full time · Permanent
Job Function: Data Science & Machine Learning

Key Responsibilities

  • •Develop and maintain models used by key underwriting programs.
  • •Explore and evaluate data using advanced feature generation and categorisation techniques.
  • •Consult on complex statistical test design to expand into new market areas.
  • •Use business acumen, coding, and statistical skills to extract actionable solutions from large datasets.
  • •Work cross-functionally with business partners to drive initiatives and support sustainable growth.

Pay and Benefits

Perks:PensionAnnual BonusHealth Insurance

Key Requirements

  • •Strong understanding of probability, statistics, and machine learning, including feature extraction and large dataset manipulation.
  • •Experience with Open Banking or Credit Bureau data.
  • •Experience producing reliable, maintainable code in Python and adapting to new languages and technologies.
  • •Experience in Model Risk Management, including technical documentation, coding best practices, validation, and ongoing monitoring.
  • •Ability to communicate findings to diverse, business-focused audiences in both verbal and written form.
Skills:CollaborationNatural curiosityProactive engagementCommunicationContinuous learning
Tech Stack:PythonMachine learningAIOpen BankingCredit Bureau data

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn