Lead Data Scientist

November 2, 2021

The Opportunity

Working within the NovaFori Data Science Team, the role is an opportunity be part of a funded and revenue-generating startup about to enter its High-Growth phase.

The core focus of the role will be to ensure that NovaFori continues to develop Data Processing and Machine-Learning techniques and algorithms that add value to its marketplace platforms. A primary measure of this, is the creation of IP and patents for the business.

In this role the candidate will have the opportunity to work at intersection of game theory, economics and data science to make a valuable contribution to the digital transformation of some of the world's largest business domains.

Key Accountabilities

The successful candidate will join a growing sales team based in London, recruiting and overseeing a small team of data and marketplace engineers.

Your job duties will include but are not limited to:

  • Working with the leadership team to develop a market-leading IP strategy for data processing, analysis and models
  • Directing engineering resources to develop efficient and scalable data-processing techniques and algorithms
  • Delivering new ML models and continuous improvement of the available ones
  • Work with the DS Management team to development of new data science products and creation of new models
  • Be hands-on in developing new data solutions
  • Lead the creation, documentation and registration of IP and parents
  • Be part of, and supported by a growing executive team

Must have: 

  • Hands-on experience and be comfortable creating and working with multiple databases and data-sources, developing proof-of-concept code
  • Have a good understanding of Statistics, a working knowledge of Macro Economics and Data Science
  • Capable of managing large structures of data and carrying out statistical analysis on such data
  • Be motivated by wide-reaching and extensive projects, as well being flexible
  • Have excellent communication and presentation skills and the ability to liaise with customers at all levels in a variety of sectors
  • Understand how to construct hypothesis based on Data and test the hypothesis as a means of iterating models and algorithms
  • The ability to develop a solution and “productionalise” it, having solved a business need delivering a solution that is used on a regular basis
  • Competent in articulating points concisely and at a level of understanding that is relevant


  • A background in STEM with strong software development/computer science fundamentals
  • Knowledge in data analysis / Machine Learning / software development
  • Exposure and experience to product development
  • A deep knowledge of “Hypothesis Testing” and an understanding of how this hypothesis fits in the current environment
  • Knowledge of Snowflake
  • Knowledge of Heap desirable
  • Experience of automotive, energy sectors, and financial services

Nice to Have

Skills & Qualities

  • A Flexible individual able work unaided but also as part of the team
  • A self-motivator with ambition in growth


You will be part of the Data Science team initially reporting to the Executive Director with a dotted line to the Head of Product Innovation, Data Science.

NovaFori provides digital trading platforms for a diverse set of clients and business models, from physical commodities to automotive and fine-art, all delivered on a unified cloud platform.

We build marketplaces and power them with the best trading algorithms and market data analytics to give buyers and sellers the confidence that they will always have access to ‘fair’ market prices whenever they need to trade.

Get Rewarded

We pride ourselves on listening to all our employee’s needs and we have developed our benefits package to reflect this. We currently offer:

  • Competitive Salary (negotiable depending on experience)
  • 25 days annual leave
  • Your birthday off
  • Contributory Pension scheme
  • Private health scheme
  • 4 x salary Life Assurance
  • Employee Referral Scheme
  • Learning and development opportunities

What is it like to work for NovaFori?

NovaFori have offices in London and Malaga and are currently a team of approximately 70+people, with plans to continue to grow as a result of major projects in the pipeline.

Learning and Development.

Your career path does not have to be linear at NovaFori. We will support you on whatever journey you wish to take.

Agile Development.

We are committed to Agile and encourage continuous improvement in all aspects of our business. Great people to work with and a fun place to work. You will work with smart people like you, who are progressive and open minded.

Be part of something important.

We are using marketplace design and technology to disrupt multibillion-pound industries, from commodities to logistics. Be part of it!

About Us

About NovaFori: We are a cutting-edge technology company based in London and Malaga, with a decade of experience in combining business analysis, marketplace design, development, and data science. Our technology supports B2B and B2C clients in Europe, North America, and Asia, with over $11bn GMV transacted through our platforms since inception.

Our Platform: Our auction and trading platform, powered by data science, is deployed across multiple industries, including commodities, financial services, logistics and procurement. The technology platform is flexible, scalable, and modular, designed with a B2C user experience and supports the complex product attributes of the B2B world.

Data Science: We leverage data by using machine learning algorithms to understand what is happening in the market, predict future trends and optimise marketplace performance.

Application process

To apply, please submit a cv, with a covering letter outlining your suitability for the role and details of your current salary and remuneration package to hr@novafori.com