Data Scientist 1

Who we are

 

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives. We’re a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We’re guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.

 

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Job Description Summary:

PayPal Global Fraud Risk team hiring a data scientist to leverage best data technology and data science to manage risk for PayPal as well as keep our customer in a safe and secure environment

Job Description:

Job Title: Data Scientist

Location: Shanghai

PayPal's Global Fraud Risk team is responsible for partnering with global business units to manage a variety of risk types including stolen identity, account take over and various fraud issues. This is an exciting team where the contributions by the team members can directly impact PayPal's bottom line and create experiences that our customers love. Consumer Risk Service team develops insights and strategies about PayPal users and translate them into code and processes designed for large scale risk assessment/decision for PayPal products.

Primary Job Responsibilities

• Manages a significant business area and is responsible of developing and deploying a global platform that provides loss monitoring and an automated ability to deploy rules to combat new fraud attacks
• Focuses significantly on providing the appropriate framing of business problems, making critical design decisions, defining project plans and work breakdowns, setting timelines and quality metrics for the project, and coordinating activities of cross-functional teams to deliver effective solutions.
• Create consumer risk policies, strategies and experience to support PayPal growth while ensuring alignment with financial and reputational risk appetite.
• Proactively identifies, investigates, and resolves most issues and problems that may impact all components of work.
• Apply statistical techniques and strategy solutions to predict and manage consumer risk associated with PayPal products and accounts
• For each decisioning strategy project, design its best structure and select the most appropriate techniques which may include a combination of several techniques
• Conduct on-going strategy performance analytics and communicate strategy design and result to senior management
• Work with product managers and engineering team in deploying risk decisioning strategies, designing new product capabilities, enhancing systems
• Trouble-shooting any data, system and flow challenge while maintaining flawless strategy execution

Job Requirements

• Demonstrates good general business knowledge and business acumen.
• Thinks and communicates well in business terms.
• Strong in analytics, with the strategic thinking capability to solve the business problem from end to end.
• Strong business articulation and influencing skills on a wide range of business topics and issues.
• Shows a high level of skills in breaking down problems into their essential elements, carrying out a diagnosis and developing a solution.
• Thinks outside the box and sees connections and parallels with associated areas, and demonstrate good process innovation expertise
• Makes timely decision even when data is incomplete or uncertain.
• Demonstrates willingness to make and accept unpopular decisions or taking opposing positions.
• Demonstrated ability to work independently, self-starter and highly motivated to work in a fast paced and ever-changing environment
• Proven ability to operate in ambiguous environments and exhibit agility in navigating from current to proposed solution

Basic Qualifications

• BS/BA degree in Mathematics, Statistics, Operations Research, Engineering, Economics or related quantitative discipline or equivalent with 5+ years in quantitative experience
• MS/MA degree or equivalent with 3+ years related experience

Subsidiary:

PayPal

Travel Percent:

0

For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal’s 400 million active account holders the confidence to connect and transact in new and powerful ways. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying, or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

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 [email protected].