Data Scientist 2

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to revolutionize commerce globally to make moving money, selling and shopping, personalized and secure. 

Job Description Summary:

As a Data Scientist based out of PayPal India office, you will apply your strategic and analytical skills to build monitoring solutions to combat money laundering. You will get opportunity to analyze large volume of data and derive insights to drive recommendations and implement monitoring solutions in a fast-paced environment. You will get enormous opportunities for continuous learning, innovation, and collaboration across cross functional teams.

Job Description:

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 305 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. 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 two hundred markets around the world, the PayPal platform, including Braintree, Venmo and Xoom enables consumers and merchants to receive money in more than one hundred currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

PayPal is committed to combating Money Laundering, Terrorism Financing, and related financial crimes around the world. The Global Financial Crimes (GFC) organization is comprised of specialized teams dedicated to developing and implementing effective policies, advanced analytics and thorough investigative processes that consider the risks posed by PayPal’s products, customers, transaction volumes and jurisdictions in which PayPal operates. This organization is looking for an incredibly talented, self-motivated and analytical individual to join the Detections & Oversight Team. This person will be responsible for development of AML and Brand Risk Management (BRM) transaction monitoring rules to provide risk coverage, as well as tuning and optimization of transaction monitoring rules to improve efficiency and effectiveness of the rules, thereby supporting the Global Anti-Money Laundering/Counter Terrorist Financing (AML /CTF) policy, BRM policy to detect Acceptable Use Policy (AUP) violations, and other GFC strategic initiatives. The successful candidate will possess deep expertise in data and statistical analysis techniques, as well as GFC policies and understanding of global AML regulations.

Job Requirements.

• Minimum of three years of experience in the field of AML transaction monitoring , due diligence risk rating, and AML/CFT
• Minimum of two years of experience working with development, tuning and optimization of AML transaction monitoring rules and reports, by leveraging data and statistical analysis techniques to derive thresholds, identify outliers and utilize statistical sampling techniques to facilitate above-the-line and below-the-line testing
• Thorough understanding of AML typologies, as well as transaction monitoring processes used to mitigate these risk typologies
• Good understanding of transaction monitoring systems – custom built or vendor systems such as Oracle Mantas, Actimize etc. – and the standard monitoring rules/scenarios offered
• Strong research and analytical skills, business acumen, strategic and creative thinking, project leadership skills and multi-tasking capabilities
• Strong SQL skills using tools like Teradata, MS SQL, MySQL, Hadoop, Big Query
• Experience in building and developing models, queries, or software to analyze and visualize data using tools such as Tableau
• Ability to analyze large sets of complex data, draw meaningful conclusions, and make business recommendations based on analysis
• Strong written and oral communication skills, with the ability to communicate to all levels of the business
• Self-driver with the ability to work with a cross-functional team
• Ability to work in multiple projects simultaneously in a fast-paced and dynamic financial services environment
• Experience in developing documentation that meets the highest regulatory standards and audit requirements
• Prepare reports and updates to senior management regarding the above activities
• Structure and refine analysis with the goal of distilling insights from the data

Basic Qualifications

• Bachelor’s degree and minimum of five years business experience, with at least three years in a data analytics role
• Excellent communication skills, both written and verbal
• Exceptional interpersonal and communication skills, in dealing with people at all levels of the organization
• Intellectual curiosity, passion for problem-solving, and comfort with ambiguity
• Ability to take initiative and execute against key projects independently
• Ability to thrive in a cross-functional environment while juggling multiple responsibilities
• Strong SQL skills using tools like Teradata, MS SQL, MySQL, Hadoop, Big Query
• Experience in distilling and presenting complex quantitative analysis to business users
• High energy and a desire to work in a results-oriented, fast growth environment
• A passion for understanding and serving the unique community of PayPal

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

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.

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. For more information, visit https://www.paypal.com ,  https://about.pypl.com and  https://investor.pypl.com.

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].

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