Job Specifications
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:
The Global Fraud Prevention team is looking for a Sr Data Scientist to join us as an exceptional problem solver with a passion for data insights and a relentless execution focus. You will lead the design and execution of safer experiences for our users and will work on the complex task of keeping fraudsters away from PayPal Credit products. If you’re looking to make an impact at the red-hot intersection of ePayments, lending and online risk management, you’re at the right place.
Job Description:
Essential Responsibilities:
Lead the development and implementation of advanced data science models.
Collaborate with stakeholders to understand requirements.
Drive best practices in data science.
Ensure data quality and integrity in all processes.
Mentor and guide junior data scientists.
Stay updated with the latest trends in data science.
Expected Qualifications:
Minimum of 5 years of relevant work experience and a Bachelor's degree or equivalent experience.
Additional Responsibilities And Preferred Qualifications
Your way to impact:
You will own & execute fraud prevention strategies for our consumer credit products
You will utilize large, complex datasets to make data-driven decisions and answer business questions
In your day-to-day role, you will:
Conceive, design, and monitor risk management strategies to manage fraud losses and improve business profitability for credit products
Identify opportunities and gaps within current portfolio of PayPal’s Fraud Risk controls, including continuously evolving fraud trends
Formulate & propose solutions to ensure optimal balance between user experience, business enablement, operational expense and loss exposure
Effectively communicate complex findings and strategy recommendations to both technical and non-technical audience
Monitor performance of existing & new solutions and optimize to ensure desired results
Work closely with partners in Risk Platform, Data Science, Operations, Product Management, Legal & Compliance and other teams to formulate and execute fraud risk solutions
What you need to bring:
Bachelor’s degree or higher in Mathematics, Statistics, Operations Research, Finance, Economics or related quantitative discipline
5+ years proven credit or fraud risk analytics experience or equivalent
Must be an intuitive, organized analytical thinker, exceptional problem solver with the ability to perform detailed analysis
Strong written, oral, and interpersonal skills a must including the ability to explain and/or present analysis
Aptitude and willingness to roll-up the sleeves and get involved in the details
Must have good business judgment with demonstrated ability to think creatively and strategically
Ability to work with leadership & stakeholders to define proje
About the Company
We're championing possibilities for all by making money fast, easy, and more enjoyable. Our hope is unlock opportunities for people in their everyday lives and empower the millions of people and businesses around the world who trust, rely, and use PayPal every day.
For support, visit the PayPal Help Center. https://payp.al/help
For employment opportunities, check out our job openings in the 'Jobs' tab. We're an equal opportunity employer that welcomes diversity, and offer generous benefits to help you thrive at work and i...
Know more