What is Reach Financial?

Reach Financial is a FinTech platform helping people outsmart debt for good.

We are building innovative products and best-in-class support that enable our customers to take control of their debt and de-mystify their personal finances. Our products and tools empower our customers to turn their financial goals into a reality.

Reach Financial launched in 2015 and has helped our customers pay off over $1 billion in debt. We offer debt consolidation loans and personal loans; together, these markets represent a $1.5T opportunity. In time, we will expand beyond these products to offer solutions for a variety of our customers' personal finance challenges.

We are a fast-growing and fast-paced FinTech startup with the stability of an established firm. You will have a front-row seat at a rapidly growing company innovating the FinTech industry.

About the Department:

Reach Financials’ Risk team consists of a group of Data Scientists, Data Engineers, Analytics Professionals covering all the business units, and Business Intelligence Analysts. We are passionate about data and cutting-edge technology. Our goal is to leverage the data to drive the business growth agenda. The Risk and Decision Science team works cross-functionally with other business units to ideate, hypothesize, analyze, and test, formalize, implement, maintain, and track progresses for all initiatives.

About the Role:

We are looking for a gritty, curious, and collaborative Fraud Data Scientist to solve business problems using data. You will use analytical, statistical, and programming skills to collect, analyze and interpret large dataset. Then you will develop, deploy, and track data-driven business solutions.

What You Will Do:

• Mine and analyze data from an internal database and external vendors to optimize and improve business decisions
• Develop rules/strategies and work with product team to deploy solutions to prevent fraud losses while minimizing customer impact
• Create tracking and identify emerging fraud risk threats
• Build and leverage internal and external data sources to drive superior risk decisions for the installment loan product
• Collaborate with operations and product teams to communicate awareness of fraud trends and initiatives
• Utilize third party fraud tools (like: Threat Metrix, Lexis Nexis) to review fraud case setups to hypothesize and test new ideas to improve fraud strategy
• Strategize and develop key tracking metrics, develop, and automate reports to track the fraud trends. Identify signal from noise and recommend fraud strategy changes to the risk and data science team

What You Should Have:

• Master's or Ph.D. in Mathematics, Statistics, Econometrics, Operation Research, Industrial Engineering, Computer Science, or relevant fields is required.
• 3+ years of experience extracting, cleaning, manipulating datasets
• Experience using Python to manipulate data and draw insights from large data sets is must
• Experience in lending is required
• Knowledge and experience working with fraud solution providers a plus
• Experience personal lending fraud space is plus
• Result oriented and self-driven

What is it like working at Reach Financial?

Our culture is built around advancing our teams, and we are dedicated to the success and growth of every team member. We believe in retaining a high-performing workforce and we prioritize diversity, intellectual curiosity, and continued learning. Our generous benefits packages reflect that.

We’ve been hard at work perfecting our product for years, and now we’re growing faster than ever before. Our strong foundation and company culture is readily equipped for this growth, and we believe that with the right people, our products will continue to help customers make real changes in their financial lives.

What benefits will you receive?

• Remote First Culture with optional Hybrid opportunities
• Healthcare, Life Insurance, 401k Match
• Paid Time Off, Paid 12-week Parental Leave
• Disability (short-term, long-term), Employee Assistance Program
• Spending Accounts (Transit/Parking, Medical, Dependent Care)
• Insurance Discounts (home, auto, pet)

Reach Financial is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Reach Financial makes hiring decisions based solely on qualifications, merit, and business needs at the time.