Data Scientist

  • Toronto, ON, Canada
  • Employees can work remotely
  • Full-time

Company Description

At thinking Capital, we’re changing the landscape of financial technology! We are looking for a talented Data Scientist to join our incredible team.

Thinking Capital belongs to the Purpose Financial family of businesses.  Thinking Capital is a subsidiary of Purpose Financial, a diversified financial services platform focused on addressing historically underserved segments of the market. Purpose is backed by OMERS, TorQuest Partners and Allianz.

Simply put, our mission is to empower Canadian small businesses through innovative financial services. At the heart of our offering is our digital experience, which is powered by our proprietary software platform, our real time connections to a multitude of data sources and our advanced data science models. We are squarely in the corner of owners and entrepreneurs, providing for them, and at the right moment, the financial support they need to grow and thrive.

Job Description

You have spent countless hours over the years solving hard problems in mathematics, statistics and computer science. You thrive on extracting useful information from large messy data sets. You know that a data set that satisfies all the requirements of a specific statistical procedure is a rarity indeed – and you know what to do about it. You have followed your passion for all things quantitative and are turning it into your profession.

At ThinkingCapital we encourage everyone to trust themselves, stop holding back and use your acquired knowledge to influence your future. Everyone in the team is an integral contributor to our products, working with our customers to collaborate and design the best solutions. 

Our open work culture provides the opportunity for you to contribute to all aspects of our business: customer engagement, product ownership, software, QA, devops and 24/7 cloud service deployment.

As a key member of our team your passion for data will help us design, develop and deploy our integrated cloud services that help small businesses succeed.

What you'll do:

  • Application of machine learning to an automated financial services platform
  • Design of sophisticated algorithms that work on large datasets in real-time
  • Learn and adapt emerging machine learning methodologies to real problems
  • Identifying, assessing, and monitoring credit risk trends, communicating adherence to authorized risk tolerance parameters and support Senior Management decision-making.
  • Diagnosing, documenting and reporting drivers of unexpected changes to portfolio/origination composition and credit performance. Communicating your findings including future impacts to losses and proposed recommendations to Senior Management as required.


    You bring strong knowledge and real-world experience:

        • Machine learning and artificial intelligence

        • Statistical methodology (eg linear & logistic regression, time series models, hypothesis testing, etc)

        • Python (Pandas), R (tidyverse) and SQL

        • Algorithms, data structures, and computational mathematics

        • Experience with analytics for large messy data sets

        • Obtaining data from web sites via scraping, apis and third parties

        • Proficiency with Linux command-line

        • Working autonomously and being highly resourceful

        • A masters degree in statistics or equivalent

    We value data scientists who can demonstrate personal or business projects that have solved real problems big or small with data sets that you have obtained. You found the right data, scraped it off a web site or used an api to get it. Stored it, munged it, found all the anomalies and figured out what to do about them. You asked statistical questions of the data, found out that the data did not satisfy the requirements of the methodology you used, and figured out what to do about that. You derived useful information from the data and demonstrated value from the project.

    Additional Information

    Why you should join us:

    Outstanding people:
    Surround yourself with a high-performing, energetic and passionate group of people dedicated to the Thinking Capital Mission.

    FinTech Revolution:
    Be part of a team that is revolutionizing the financial system and redefining how Canadian small businesses access capital.

    Fast-Paced Environment:
    Take on complex projects in an innovative, start-up-like environment.

    Amazing Culture:
    Benefit from an amazing working environment offering you the flexibility to do your best work

    Diversity of thought:
    Join a team that values diversity and collaboration.