Risk Analytics Data Scientist

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 seeking a highly motivated and experienced Risk Analytics professional to join our Enterprise Risk Management Organization.
This role is responsible for providing risk analytics support to Financial and Model Risk oversight groups, including but not limited to Credit, Collection, Fraud, Seller, Acquiring, Treasury oversight. This role connects the dots between business, model, and data by providing insights through in-depth data analysis. This role also provides critical support in ad hoc analysis required for business enablement and new risk initiatives to support PP’s growth.

Job Description:

This role is part of the broader AI/Model/Quant Risk Oversight function.
The AI/Model/Quant Risk Oversight team:
• Oversees and proactively challenges our model use and AI application.
• Supports effective model development/deployment and responsible AI innovation
• Ensure model/AI practice meets regulatory compliance requirement, strengthening decision-making, protecting customers and safeguarding the company from financial and reputational damage
• Partners with financial risk oversight groups in conducting in-depth, thematic reviews of various products and risk functions, providing data insights and expertise around strategy development and risk mitigations

You will make an impact by ensuring that;
· Support Credit & Collection, Fraud, Seller, Merchant acquiring, Treasury oversight with data insights to enable effective challenges
· Provide critical support in ad hoc analysis required for business enablement and risk initiatives
· Conduct model validation and challenger model development to ensure models are robust, and aligned with model usage
· Leverage AI to enhance risk analytics functionality to bring out more data insights
· Contribute to the major uplift of data infrastructure and other requirement per PPEU ECB supervision readiness project
In your day-to-day role you will;
· Oversee and challenge risk analytics practices across various groups within the company, primarily focused on Fraud, Seller and Credit risks, including use of machine learning and advanced analytics to detect and mitigate risks
· Conduct root cause analysis to identify opportunities and gaps in existing strategies and controls.
· Perform model validation and/or development across various risk and business domains, ensuring models are conceptually sound, effectively implemented, and compliant with internal policy and standards. Collaborate with business units and model developers to ensure model issues are agreed and remediated in a timely manner. Utilize knowledge of and experience with Python and SQL, big data, and statistical and machine learning models (e.g., logistic regression, time series, random forests, SVMs, XGBoost, CNNs/RNNs).
· Develop and analyze multiple reports and dashboards, looking at key risk indicators and relevant business metrics to uncover emerging trends and areas of opportunities
· Partner with financial risk oversight groups in conducting in-depth, thematic reviews of various products and risk functions, providing data insights and expertise around strategy development and analytics.

Subsidiary:

PayPal

Travel Percent:

0

-

PayPal is committed to fair and equitable compensation practices.

Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.

The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.

The US national annual pay range for this role is $100,500 to $173,250

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. Any such request is a red flag and likely part of a scam. To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us.

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 [email protected].

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.