Data Scientist II at Remitly

Burnaby, British Columbia, Canada

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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

Key technologies and capabilities for this role

Machine LearningFraud DetectionData ScienceA/B TestingRisk ModelingMetrics DesignDashboardsFeature EngineeringPythonSQL

Questions & Answers

Common questions about this position

What is the salary range for the Data Scientist II position?

The starting base salary range for this position is $120,000-$150,000.

What benefits does Remitly offer?

Benefits include four weeks vacation, health benefits, mental health & family forming benefits, RRSP plan with company match, Employee Stock Purchase Plan (ESSP), life insurance & disability, and continuing education.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What skills and experience are required for this Data Scientist II role?

Candidates need 3+ years of experience using SQL and Python or R for data analysis and machine learning, proficiency in creating dashboards with tools like Tableau or Power BI, and experience designing and analyzing experiments. A degree in data science, statistics, or related field is also required.

What does Remitly's company culture look like?

Remitly has over 2,800 passionate Remitlians worldwide united by a vision to transform lives with trusted financial services, seeking builders, reimaginers, and global thinkers at the intersection of technology, trust, and transformation.

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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