Job Description

Posted on:

October 27, 2024

It's time to transform markets. Existing workflows within syndicated loan and CLO markets are painful for clients: they are outdated, overcomplicated, and time-consuming. It's time for a change. Octaura is reimagining the way these markets trade, with efficiency, transparency, and simplicity at the heart of what we do. We bring trading capabilities, data, and analytics together for the first time on a digitized platform–fundamentally transforming the markets and streamlining workflows like never before.

At Octaura, everyone belongs. It's essential that Octaurians are confident in knowing they have the space to use their voice and talents. The world is diverse, and we actively want our team to reflect this. We're a values-driven company, and by engaging, solving, and evolving together, we create a culture that is collaborative, transparent, impactful, and innovative. And fun!

The role in a nutshell: As a Senior Data Scientist at Octaura, you'll be a key member of our Product team, playing a critical role in the development and growth of our Data and Analytics products. This is an early-stage opportunity to shape the future of our data science initiatives and make a significant contribution to the company's success.

What You'll Do:

  • Drive the full product lifecycle: From ideation and market research to model development, deployment, and performance monitoring.
  • Develop advanced models: Leverage expertise in machine learning and statistical modeling to extract valuable insights from large and complex datasets.
  • Build scalable infrastructure: Design, implement, and maintain cloud-based infrastructure on AWS and/or Azure.
  • Collaborate effectively: Work closely with the Go-to-Market team to understand client needs and market trends, and partner with the Technology team to build robust data pipelines.
  • Communicate insights: Clearly and effectively translate complex data into actionable insights for stakeholders.

The Opportunity:

  • Make a real impact on the company's growth and success.
  • Be a part of shaping innovative data science products.
  • Collaborate with talented and passionate cross-functional teams in a supportive environment.
  • Access ample opportunities for professional development and career advancement within a rapidly growing startup.

The Person:

  • Advanced degree and experience: PhD (or MSc + 5 years of experience) in statistics, physics, mathematics, computer science, or related field.
  • Strong programming skills: Proficiency in Python and experience with popular machine learning libraries (e.g., scikit-learn, TensorFlow, PyTorch).
  • Proven modeling experience: A track record of building and deploying predictive models using machine learning algorithms.
  • Data analysis expertise: Ability to analyze and interpret complex datasets and identify meaningful patterns.
  • Excellent communication: Exceptional written and verbal skills to explain technical concepts to both technical and non-technical audiences.
  • Cloud proficiency: Experience with cloud-based architectures (AWS and/or Azure) is highly preferred.
  • Fintech/Financial Services experience: Experience in the financial services industry, particularly within the fixed income market, is a valuable asset.

If you are passionate about data science in finance, have a strong background in technical majors, and are excited about building predictive models and cloud-based infrastructure, we want to hear from you. As a startup, we offer a dynamic and entrepreneurial work environment, where you will have the opportunity to take ownership of your work and make a real impact on our business.

The base pay range for this position in New York is $150,000 - $175,000 annually, with variations depending on job-related knowledge, skills, and experience. Equity and year-end bonuses may be provided as part of the compensation package, along with a full range of medical, financial, and other benefits, depending on the position offered. Applicants should apply via Octaura's internal or external careers site.

Octaura Work Perks:

  • Competitive compensation and equity.
  • Unlimited Paid Time Off.
  • Competitive Parental Leave.
  • Daily breakfast, coffee, and snacks in the office.
  • 90% company-paid healthcare.
  • Onsite gym & discounted membership.

We're committed to equal opportunity employment. Octaura is an equal opportunity employer and does not discriminate based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

Secret insights

Octaura is booming! 60 employees, 50% headcount growth last year. Engineering surged 30%, showing strong tech growth. HR up 40%—they prioritize people. Great spot for AI talent!