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 Data Scientist in Global Commercial Lending Credit Risk will be responsible for developing and implementing data-driven strategies using machine learning tools to assess and mitigate risks associated with new accounts and applications.

You will support and participate in multiple high-impact strategic initiatives pertaining to credit risk management and strategy.

Meet our team

This position will directly impact the Global Merchant Lending business by delivering data-driven strategies that foster overall growth of the commercial lending portfolios, while effectively managing credit risk
The GML Credit Risk team directly supports the GML Business Unit and other relevant key stakeholders across PayPal's Consumer, Merchant, Credit, and Payments Business Units.

Job Description:

Your way to impactYou believe in data-driven decisions and use data to create risk management strategies and answer business questions You are hyper-analytical, intellectually honest, and extremely passionate about data and testing (e.g., A/B experimentation) You are a highly motivated, result-oriented, enjoy working in a fast-paced environment, and can deliver successful results with required guidance   Your day to dayCollaborate with Commercial, Product, Marketing and Technology teams to assess credit risk for new product launchesDevelop, refine, and implement credit risk strategies using advanced analytics and machine learning techniquesTake ownership of key performance indicators (KPIs) and metrics related to credit risk for new accounts and applications.Lead end-to-end project execution with minimal assistance as a credit risk expert.Monitor credit quality of commercial loan portfolio and optimize profit-based risk management decisions at all stages of the customer credit lifecycle.Engage with Product, Marketing, Platform, and various other teams to determine performance trends and root causes.Effectively communicate complex findings and strategy recommendations to both technical and non-technical audiencesTranslate ambiguous, unstructured business problems into actionable data-driven analyses Support multiple projects at the same time in a fast-paced, results-oriented environment Keep up-to-date with industry trends, best practices, and emerging risks related to commercial lending.What do you need to bring-Prior experience in commercial lending, credit risk management, or a related field.Bachelor’s degree or higher in a quantitative field such as Mathematics, Statistics, Operations Research, Finance, Economics or related quantitative discipline.4+ years post-college working experience within the data-mining, quantitative research or analytics organization. Credit Risk experience is a must.Typically requires a minimum of 5 years of related experience with a Bachelor’s degree; or 3 years and a Master’s degree; or a PhD without experience; or equivalent work experience.Knowledge of credit risk concepts, lending processes, and regulatory requirements.Must be an intuitive, organized analytical thinker, with the ability to perform detailed analysis.Strong written, oral, and interpersonal skills a must including the ability to explain and/or present analysis.Must have good business judgment with demonstrated ability to think creatively and strategically.Aptitude and willingness to roll-up the sleeves and get involved in the details.Proficiency in Python, R and SQL.Excel, Word, and PowerPoint proficiency

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

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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:

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 talentaccommodations@paypal.com.

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.