Data Scientist 1

1 Month ago • 2-3 Years • Legal

About the job

Job Description

As a Data Scientist 1 at Venmo and PayPal, you will play a crucial role in managing and mitigating financial loss from fraud risk. You will collaborate with leaders to enhance risk detection capabilities through automation, efficiency, and accuracy. Your responsibilities will include analyzing data to identify fraud patterns, building robust risk anomaly detection systems, and working on multiple assignments across all project areas. You will also be responsible for mentoring and coaching junior risk analysts or data scientists.
Must have:
  • Strong proficiency in SQL, Python, Hive, BigQuery
  • Experience with machine learning and data visualization tools
  • Excellent communication and presentation skills
  • Master's degree in Statistics, Mathematics, or related field
Perks:
  • Flexible work environment
  • Employee share options
  • Health and life insurance
  • Other benefits
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The Company

PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. 

We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.

We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards.  Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade. 

Our beliefs are the foundation for how we conduct business every day.  We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.

Job Description Summary:

What you need to know about the role:

Join us as a Data Scientist and collaborate with leaders at Venmo and PayPal to manage loss and drive growth. If you're a rock star at preventing online fraud with a data-driven mindset, capable of enhancing our risk detection capabilities through automation, efficiency, and accuracy in a dynamic environment, this role is for you.

Meet our team:

Our organization prioritizes developing diverse talent and fostering an inclusive environment where you will be encouraged to align your values with the PayPal Leadership Principles and apply them in your daily role.
Our team is committed to PayPal’s Leadership Values and exemplifies:
• Innovation work customer back: create simple and valuable customer experiences.
• Inclusion Put people first: build the next generation, unlocking their superpowers.
• Wellness: Work as One PayPal.
• Collaboration: Win together

Job Description:

Your way to impact:

Your strong analytical skills and proactive attitude will directly impact Venmo by managing and mitigating financial loss from fraud risk, as you work on multiple assignments simultaneously across all areas of related projects.

Your day to day:
 

Collaboration: Work independently and proficiently on multiple assignments, ensuring high quality and speed and serve as a subject matter expert, mentoring and coaching junior risk analysts or data scientists.

Risk Mitigation: Understand Risk business trends and directions to contextualize work within the broader business landscape. Manage and mitigate Venmo financial loss caused by fraud risk by working on multiple assignments in all project areas.

Data Analysis: Utilize knowledge of internal and external business processes, data systems, flows, analytic tools, processes, and methodologies to achieve results with minimal supervision.

Data Management: Build robust risk anomaly detection systems and critical risk signals to identify fraud patterns at an early stage, seek improvements within defined tasks, evaluate, and execute improvement ideas from supervisor and partner with key stakeholders to design new risk platforms, ensuring better quality of risk strategies.

What do you need to bring:

Communication Skills:
Excellent communication and presentation skills, with the ability to explain complex concepts in a clear and understandable manner.

Technical Skills: Strong proficiency in analytical tools and languages such as SQL, Python, Hive, BigQuery, Machine learning and data visualization tools (e.g., Tabeau, Power BI).

Attention to Detail: Detail-oriented mindset with a commitment to producing high-quality work efficiently

Education: Master’s degree, or foreign equivalent, in Statistics, Mathematics, or closely related quantitative discipline plus two (2) years of experience in or two (2) years of experience in the field of data analysis or statistical analysis

OR bachelor’s degree, or foreign equivalent, in Statistics, Mathematics or closely related quantitative discipline plus three (3) years of experience in the or three (3) years of progressively responsible experience in the field of data analysis or statistical analysis

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

Our Benefits:

At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset—you. That’s why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com.

Who We Are:

Click Here to learn more about our culture and community.

Commitment to Diversity and Inclusion 

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law.  In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities.  If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at talentaccommodations@paypal.com.  

Belonging at PayPal: 

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

Any general requests for consideration of your skills, please Join our Talent Community.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

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