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FloatMe

Our goal is to improve the financial lives of over 150M Americans

Machine Learning Engineer, Underwriting

Machine Learning EngineerMachine Learning EngineerFull TimeRemoteSeniorTeam 11-50Since 2018H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

4 days ago

Salary

0

Seniority

Senior

Postgraduate Degree5 yrs expEnglish

Job Description

Machine Learning Engineer, Underwriting

FloatMe

• You will be a senior individual contributor building and evolving the ML systems behind these products. • You will work across the full modeling lifecycle: problem formulation, feature development, training, calibration, experimentation, deployment, monitoring, and iteration. • Build, evaluate, and maintain underwriting and decisioning models. • Design and evolve underwriting decision frameworks, including the modeling, automation, policy logic and amount assignment that manage exposure over time. • Design and run experiments to evaluate model performance, measure impact on approval rates and loss, margin and inform underwriting policy decisions. • Develop deep understanding of consumer behavior, repayment dynamics, and portfolio structure, and use that to inform model design and decision logic. • Contribute analysis and perspective that inform portfolio-level decisions, including explaining model behavior, tradeoffs, and uncertainty to senior technical and business leaders. • Develop and maintain the key portfolio KPIs and inventory of periodic analysis to continuously identify risk and growth opportunities. • Collaborate with Product, Engineering, Legal, Compliance, and Operations to ensure underwriting systems reflect business goals and regulatory expectations.

Job Requirements

  • A Master degree in a quantitative field (e.g., Mathematics, Statistics, Physics, Computer Science, Operation Research).
  • 5+ years applying AI, machine learning, or statistical modeling in decisioning contexts such as credit, risk, fraud, recommendations, or similar domains.
  • Experience with probabilistic models and decision systems, including calibration, score transformations, and interpretation of model outputs.
  • Strong experimentation skills: you know how to design holdouts, measure lift, and evaluate models beyond aggregate metrics.
  • Experience with model monitoring, degradation detection, and retraining strategies in production systems.
  • Deep knowledge of underwriting using bank & cashflow analysis, bureau & alternative data etc. with a focus on unsecured credit risk.
  • Experience explaining modeling concepts, results, and limitations to senior stakeholders and cross-functional partners.

Benefits

  • Flexible work arrangements
  • Professional development

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