Researcher Fulltime -- PhDs and Postdocs

At Theorem, we’re passionate about research and science. Research at Theorem entails applying a scientific eye to all research and all business decisions.

It’s not just about applying science to data. 

Theorem researchers are comfortable reading and applying scientific papers. Researchers often explore and apply esoteric statistical and machine learning methods, and may contribute to the development of new methods. Researchers move fluidly between theory and practice, designing and conducting experiments that get at the heart of abstract business problems in the most rigorous way possible. And Theorem researchers apply best practices from academia, contributing regular scientific review meetings and paper discussion groups held weekly within the firm.  

 

Theorem combines quantitative research, software engineering and rigorous scientific investigation to build credit portfolios that produce strong, consistent returns across the business cycles.

Our mission is simple: make credit safe for investors. 

We do this by using scientific methods to produce a transparent alternative to traditional loan packaging.

In the credit industry, lenders make loans, then package and sell them to investors. Traditionally, these investors buy loan bundles blindly, with little insight into what they are purchasing. And compounding this information asymmetry is a principal-agent problem: lenders profit from selling as many loans as possible.

Getting this wrong results in global credit crises.

Theorem’s team builds predictive models to analyze and price individual loans independently of the lender to determine the following:

We analyze hundreds of data points per loan, including credit history, occupational and macroeconomic data, and apply techniques from a large number of disciplines including computer science, machine learning, statistics, biostatistics, survival analysis, natural language processing and data science.

This analysis enables our team to purchase millions of dollars of loans daily on behalf of our clients.

Over the last 5 years, we have funded over $1BN of loans safely and with confidence, helping borrowers gain access to credit at lower cost. Our goal is to build out our research process and underwriting systems to fund the next $10 billion of loans.

Theorem is proud to be an active force for bringing safety to the credit markets. 

Intellectually-challenging internships and fulltime research roles for PhD students and post-docs in scientific fields.