Data Scientist 1

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 Summary:

We are looking for an experienced and highly skilled Data Scientist to join our Risk Strategy team. In this role, you will play a critical part in managing loss and driving growth across Venmo and PayPal. You will leverage advanced data analytics, machine learning, and statistical techniques to detect fraud patterns, design real-time risk solutions, and support new product launches.

This position is for someone who gets excited about solving analytical problems. They are bright, they are responsible, and they know how to follow through. If you’re also like that, we’d love to hear from you.

Job Description:

Your way to impact 

Your strong analytical skills and proactive attitude will directly impact Venmo/PayPal 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 

Data Scientists are on the front line of identifying and targeting fraud to keep our millions of users secure and engaged. Risk Data Scientists apply their analytical and technical skills to researching data, monitoring, and creating logics that stop fraudulent activity on Venmo’s platform. They analyze existing loss trends and define logics, solutions, and operational processes that prevent them - while delivering best-in-class customer experience for Venmo users. 

 

What do you need to bring 

Bachelor’s degree or higher in a quantitative field (Business, Math, Economics, Finance, Statistics, Science, Engineering)  

3+ years of experience in solving problems using a data-driven approach 

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

Proven track record in the field of data analysis or statistical analysis 

Outstanding written, verbal, and interpersonal communication skills