Data Scientist 1

PayPal; Chicago (IL); Hybrid; USD 72,000 - 176,000; Full time

Job summary

An innovative firm is seeking a skilled Data Scientist to join its Global Fraud Prevention team. In this role, you will analyze fraud loss and manage risk, contributing to strategic decisions that enhance the customer experience. You will leverage your expertise in data analysis and machine learning to drive crucial business insights, playing a key role in delivering a frictionless payment experience. This position offers a balanced hybrid work model, allowing you to collaborate effectively while enjoying the flexibility of remote work. Join a team that values inclusion, innovation, and collaboration, and make a significant impact in the world of digital payments.

Benefits

Flexible work environment

Employee shares options

Health and life insurance

Annual performance bonus

Medical, dental, and vision benefits

Qualifications

• Experience in data analysis and statistical modeling.
• Strong understanding of machine learning algorithms.

Responsibilities

• Analyze fraud loss and manage risk effectively.
• Enhance customer experience through data-driven insights.

Skills

Data Analysis

Machine Learning

Statistical Modeling

Risk Management

Education

Bachelor's in Data Science

Master's in Statistics

Tools

Python

R

SQL

Tableau

Job description

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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:
Data Scientist for Global Fraud Prevention Business Intelligence Team

Job Description:
We are seeking an experienced and highly skilled Data Scientist to join our Global Fraud Prevention Business Intelligence (BI) team at PayPal’s Global Risk Management Org. As a critical team member, you will play a key role in overseeing PayPal’s loss portfolio, spanning across PayPal, Venmo, Xoom, Braintree, and Zettle. This team drives crucial business decisions and plays an integral part in delivering a frictionless customer experience to power every payment. You will be directly involved in analyzing fraud loss, managing risk, and enhancing the overall customer experience, which informs the organization’s strategic decisions.

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 U.S. national annual pay range for this role is $72700 to $176000

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:

To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx

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 [e-mail].

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.

REQ ID R0125828

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Engineering and Information Technology

• Industries

  Software Development, Financial Services, and Technology, Information and Internet

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