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:

What you need to know about the role
The GFCCP Fraud Risk Data Scientist is responsible for managing end-to-end risk policy for PayPal’s card issuance products. The team is seeking a professional with U.S. and international card risk payments experience to help the team mitigate card fraud losses and improve customer experience.

Meet our team
PayPal's GFCCP Fraud Risk team is responsible for partnering with global business units to manage a variety of risk of various types, including identity fraud, account takeover, stolen financial fraud, and credit issues. This is an exciting department that plays an important role in contributing PayPal's bottom line financial savings, ensuring safe and secure global business growth, and delivering the best customer experience. This particular opportunity is within the Debit Card Fraud Risk team.

Job Description:

Your way to impact

The primary responsibility of the Data Scientist, Risk Strategy is to help reduce Card losses by developing and optimizing risk strategies throughout the customer lifecycle. A large part of the role is driving business strategy recommendations through data analytics on Card authorization and PayPal customer data.

The data scientist will be cross-functional in scope and will focus on developing innovative card risk solutions while collaborating with key stakeholders in core payments, operations, risk, finance, and product owners.

Your day to day

The individual will:

• 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. 

• Work with International team members to exchange and implement best practices across PayPal’s existing footprint.

What do you need to bring

• 2-5 years of experience in payments at an issuer, network, processor, or consultancy.  Preference for card network experience.     
• BA/BS from a four-year college or university.  MBA a plus. 
• Proven track record of driving results in a fast-paced and constantly changing environment
• Good understanding of the applicable laws and regulations that can influence risk and fraud management policy
• Knowledge and understanding of payment systems, bank credit/fraud policies, structures and operations in relation to card programs 
• Energetic, creative and able to deliver innovative solutions.
• Must handle multiple priorities with a strong attention to detail and should possess strong analytic and problem solving skills.
• Excellent written, verbal, and presentation skills.
• Demonstrated ability to establish strategic vision and drive change to achieve business objectives
• Strong interpersonal skills and ability to build relationships and influence at all levels of management
• Experience working externally with third parties who support mission critical processes and deliverables
• Thorough knowledge of product segmentations, credit/fraud loss activities and key business drivers
• Hands on experience with portfolio performance monitoring and diagnostics
• SQL / SAS / Hadoop a plus to query ad-hoc risk performance data.

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

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.