Job Summary:

Job Description:

PayPal, Inc. seeks Sr. Data Scientist in Chicago, IL

Job Duties: Help reduce Card losses by developing and optimizing risk strategies throughout the customer lifecycle. Drive business strategy recommendations through data analytics on Card authorization and PayPal customer data. Develop innovative card risk solutions while collaborating with key stakeholders in core payments, operations, risk, finance, and product owners. Develop and optimize risk strategies for PayPal, leveraging knowledge of U.S. or international financial markets, card networks and customer spending behavior. Manage a portfolio of relationships to ensure that payment solutions meet financial and timeline objectives. Creatively leverage partnerships to further PayPal's strategic business objectives. Develop business cases in support of new risk policies, risk vendor integrations, and PayPal risk infrastructure enhancements. Come up with risk requirements for product initiatives and prioritize said requirements with partner teams. Consult/partner with other PayPal business and technology groups to assure the optimal deployment of payment solutions to satisfy customer needs and corporate objectives. Partial telecommuting permitted from a commutable distance

Minimum Requirements: Master's degree, or foreign equivalent, in Engineering, Statistics or a closely related field plus two years of experience in the job offered or a related occupation.

Special Skill Requirements:

1. Experience analyzing and solving financial risk cases using regression and logistics statistical methods and Python (2 years).

2. Experience in fraud and risk management for debit card end to end lifecycle. Construct, implement, and fine-tune risk strategies across debit card platforms. (2 years)

3. Use A/B testing and statistical validation to refine fraud rules. (2 years)

4. Experience developing SQL queries on large-scale financial transaction databases (2 years).

5. Experience developing machine learning models using Python to predict transaction-level risk alerts and support fraud detection for payment systems. (2 years)

6. Industry experience in payments, e-commerce, or financial services (2 years).

7. Experience collaborating with product, operation and engineering teams in financial services to investigate and resolve technical problems (2 years).

8. Experience building and visualizing risk metrics in Tableau and Looker dashboards to monitor approval trends, decline rates and loss ratios. Experience setting up ring alert to inform business decisions (2 years).

Additional Responsibilities & Preferred Qualifications:

The base pay for this role will depend on where you work and the relevant experience and expertise you bring. The expected range of pay for this role by location is:

Primary Location | Pay Range:

Chicago, IL | Salary: $96,928.00-180,000.00 per annum. 40 hours per week; M-F, 9:00 a.m. to 5:00 p.m. For benefits summary please visit: https://www.paypalbenefits.com.

Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable.

Must be legally authorized to work in the U.S. without sponsorship.

Subsidiary:
PayPal

Travel Percent:
0

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. When making an application directly, we will never ask you to share passwords, one-time passcodes (OTP), or verification codes. Any such request is a red flag and likely part of a scam. All communication regarding your application will come from official PayPal email domains. If you suspect fraudulent activity, please report it immediately. 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 comprehensive, choice-based programs, to support all aspects of personal wellbeing-physical, emotional, and financial-delivering meaningful value where it matters most. We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.

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.