Data Scientist II at Remitly

Burnaby, British Columbia, Canada

Remitly Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries

Requirements

  • 3 or more years of experience using SQL and Python or R for exploratory data analysis, statistical analysis, and machine learning
  • Proficiency creating dashboards and visualizations using tools such as Tableau, Power BI, Mode, or similar technology
  • Experience designing, running, and analyzing experiments to inform business strategy
  • A degree in data science, statistics, mathematics, operations research, or related field (or equivalent experience)

Responsibilities

  • Discover and deliver fraud signals that improve model performance to target and prevent first-party fraud, consumer fraud, and unwanted activity
  • Manage and assess risk decision policies that improve automated fraud prevention outcomes, balancing risks with operational and customer impacts
  • Design metrics and dashboards that communicate fraud model efficacy to business partners
  • Design and conduct A/B experiments to assess and understand the impact of fraud decision policy changes
  • Partner with machine learning engineers to ensure features are well-integrated and optimized for production models

Skills

Machine Learning
Fraud Detection
Data Science
A/B Testing
Risk Modeling
Metrics Design
Dashboards
Feature Engineering
Python
SQL

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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