Data Scientist, Model Risk Management

Key Skills

Aartificial intelligence, Apache Hadoop, CNNs, Data science techniques, Logistic Regression, Machine learning techniques, Python Programming, RNNs, Scikit-learn, SPARK Programming, SQL, TensorFlow

Job Description

You will make an impact by:

• Protecting PayPal’s financial health and reputation by ensuring models are accurate and reliable under most scenarios.
• Ensuring PayPal's models comply with regulatory requirements.
• Exploring and creating cutting-edge agentic AI technologies to automate processes and drive efficiency.

In your day-to-day role you will:

• Provide support to the team lead in managing oversight of high-impact AI applications and models deployed across diverse business areas, such as fraud detection, credit underwriting, and marketing.
• Perform quantitative and qualitative model validation in accordance with the Model Risk Management Policy to evaluate and mitigate model risk concerns.
• Collaborate with business units and model developers to remediate model issues and provide subject-matter expert opinion on model improvements.
• Perform model and AI risk governance related activities in line with enterprise risk framework, to ensure PayPal’s AI applications are compliant with ever evolving regulatory expectation.
• Research the agentic AI field to help PayPal improve its risk detection and mitigation processes.

You will bring:

• An advanced degree in a quantitative field, such as statistics, mathematics, computer science or engineering, is required.
• Advanced knowledge of statistical and machine learning models (e.g., logistic regression, time series analysis, random forests, SVMs, XGBoost, CNNs/RNNs, LLM).
• Strong proficiency in programming and big data technologies, including Scikit-learn (Python), TensorFlow, Hadoop, Spark, SQL, and similar frameworks.
• Relevant Modeling experience in credit scoring, fraud detection, financial forecasting, or marketing analytics obtained either in academic or financial industry is preferred.
• Demonstrated ability to excel in both independent tasks and collaborative team settings.
• Effective communication skills for fostering positive relationships with stakeholders.

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.