Data Scientist at Remitly

Minnesota, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Risk Management, Fraud DetectionIndustries

Requirements

Candidates should have a degree in Computer Science, Statistics, Mathematics, or a related field and possess experience in predictive modeling. Proficiency in SAS, R, Python, and Big Data technologies is required, along with strong communication skills for cross-functional collaboration. Fraud analytics experience is a plus.

Responsibilities

The Data Scientist will build and deploy machine learning models using R, Python, SAS, and SQL. They will develop cloud-based analytic solutions, integrate them into enterprise systems, and analyze large datasets to uncover insights and support product development. Responsibilities also include collaborating with stakeholders to validate scoring code and ensure model accuracy, as well as documenting methodologies and following best practices in statistical modeling.

Skills

Machine Learning

Predictive Modeling

Data Mining

Statistical Analysis

Python

SAS

SQL

Big Data

Remitly

International money transfer for immigrants

About Remitly

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers, and engages with immigrant communities by providing helpful resources and educational support. Its goal is to meet the unique needs of immigrants while ensuring fast, affordable, and reliable money transfer services.

Seattle, WashingtonHeadquarters

2011Year Founded

$423.9MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits

Risks

Swift's integration into banks' channels poses a competitive threat to Remitly.

AI agents' rise may challenge Remitly's operational model in efficiency and cost-effectiveness.

Schall Law Firm's investigation could impact investor confidence and Remitly's reputation.

Differentiation

Remitly focuses on immigrants, offering competitive rates and fast, secure transactions.

The company leverages technology for a seamless user experience via its app and website.

Remitly engages with immigrant communities through content and educational initiatives.

Upsides

Increased digital wallet adoption in key markets expands Remitly's reach to unbanked individuals.

AI agents in operations could reduce costs and improve Remitly's efficiency.

Visa collaboration enhances Remitly's cross-border fund flow services, boosting customer satisfaction.

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