Business Data Scientist - Statistical Analysis at NerdWallet
Job Description
Company Overview
NerdWallet is a mission-driven company that empowers consumers to make smart financial decisions. We provide clarity, confidence, and unbiased guidance through expert content, comparison tools, and a supportive community. We believe that everyone deserves a path to financial well-being. NerdWallet embraces a remote-first work culture, fostering an environment of trust, collaboration, and innovation, regardless of location. We are committed to providing our employees with the resources and support they need to thrive, both professionally and personally, from anywhere in the USA.
Position Summary
NerdWallet is seeking a talented and passionate Business Data Scientist specializing in Statistical Analysis to join our growing Data & Analytics team. As a fully remote team member, you will play a crucial role in providing insights and recommendations that drive strategic business decisions. You will leverage your statistical expertise to analyze complex datasets, develop predictive models, and communicate findings to stakeholders across the organization. This is an exciting opportunity to contribute to NerdWallet's mission while enjoying the flexibility and benefits of a fully remote work environment.
Key Responsibilities
- Apply statistical techniques such as regression analysis, hypothesis testing, and A/B testing to analyze large datasets and identify trends, patterns, and insights.
- Develop and maintain predictive models to forecast key business metrics and inform strategic decisions.
- Collaborate with cross-functional teams (e.g., Product, Marketing, Engineering) to understand business needs and translate them into data-driven solutions.
- Design and conduct experiments to test hypotheses and validate assumptions.
- Communicate findings and recommendations to stakeholders through clear and concise presentations and reports.
- Stay up-to-date with the latest statistical techniques and tools, and share knowledge with the team.
- Contribute to the development of data quality standards and processes.
- Participate in virtual team meetings and contribute to a positive and collaborative remote work environment.
Required Qualifications
- Bachelor's degree in Statistics, Mathematics, Computer Science, Economics, or a related field.
- 3+ years of experience in a data science or statistical analysis role.
- Strong proficiency in statistical programming languages such as R or Python.
- Experience with data visualization tools such as Tableau or Looker.
- Solid understanding of statistical concepts and techniques, including regression analysis, hypothesis testing, and A/B testing.
- Excellent communication and presentation skills.
- Ability to work independently and collaboratively in a remote environment.
- Must reside in the USA and be authorized to work in the USA.
- Proven ability to manage time and prioritize tasks effectively while working remotely.
Technical Requirements
To ensure a seamless remote work experience, the following technical requirements must be met:
- A dedicated home office space free from distractions.
- A reliable high-speed internet connection with a minimum download speed of 25 Mbps and upload speed of 5 Mbps.
- A modern computer with sufficient processing power and memory to run data analysis software.
- A webcam and headset for video conferencing.
- Ability to overlap working hours with the Pacific Time Zone (PST) for collaboration with team members (at least 4 hours overlap).
- NerdWallet will provide a one-time stipend to help set up your home office.
Desired Skills
- Master's degree in Statistics, Mathematics, Computer Science, Economics, or a related field.
- Experience with cloud computing platforms such as AWS, Azure, or GCP.
- Experience with machine learning techniques.
- Experience with SQL and relational databases.
- Familiarity with financial services industry.
- Experience working in an Agile development environment.
- Proven ability to collaborate effectively with remote teams using tools like Slack, Zoom, and Google Workspace.
Compensation & Benefits
The annual salary range for this fully remote position is $120,000 - $160,000, depending on experience and location.
NerdWallet offers a comprehensive benefits package, including:
- Medical, dental, and vision insurance
- Unlimited paid time off
- Paid parental leave
- 401(k) with company match
- Employee stock purchase plan
- Monthly wellness stipend
- Home office stipend
- Flexible working hours
- Virtual team building activities
- Opportunities for professional development and growth
- Occasional travel for company-wide meetups (approximately 1-2 times per year)
How to Apply
If you are a data-driven problem solver with a passion for making a difference in people's financial lives, we encourage you to apply! Please submit your resume and cover letter through our online application portal. Our virtual onboarding process will ensure a smooth transition into our remote team.
Required Skills
- Machine Learning
- Predictive Modeling
- Data Mining
- A/B Testing
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