Majority

Lead Data Scientist

United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Data & AnalyticsIndustries

Requirements

Candidates should possess a Bachelor's or advanced degree in Computer Science, Statistics, Mathematics, Economics, or a related quantitative field, along with 5+ years of experience in data analytics, consulting, or related roles.

Responsibilities

The Lead Data Scientist will develop predictive models and machine learning algorithms to optimize financial processes, enhance customer experiences, and mitigate credit and fraud risks, conduct exploratory data analysis to uncover hidden patterns and opportunities for innovation, identify levers to help move essential KPIs, collaborate with cross-functional teams, and build and scale the Data Analytics function as the company grows, while staying abreast of advancements in data science and contributing to continuous improvement of analytical capabilities.

Skills

Python
R
Pandas
NumPy
scikit-learn
SQL
Machine Learning
Statistical Methods
Data Analysis
Problem-Solving
Communication

Majority

Mobile banking services for migrants

About Majority

MAJORITY provides a mobile banking solution tailored for migrants, offering services like international money transfers, mobile top-ups, and personalized financial advice. The mobile app enables users to send money abroad without fees, save money, and make free international calls to over 20 countries. MAJORITY addresses the specific financial challenges faced by migrants, such as high transfer fees and limited access to traditional banking. Unlike competitors, MAJORITY focuses on a niche market, providing multilingual customer support and fostering a community among users. The company's goal is to simplify banking for migrants, helping them manage their finances and stay connected with their families.

Key Metrics

Stockholms kommun, SwedenHeadquarters
2019Year Founded
$95.6MTotal Funding
DEBTCompany Stage
Consumer Software, FintechIndustries
51-200Employees

Risks

Emerging competition from niche digital banks could challenge MAJORITY's market share.
Regulatory scrutiny on account opening requirements may impact MAJORITY's customer acquisition.
Geopolitical risks at the Texas border could affect MAJORITY's operations.

Differentiation

MAJORITY offers a unique banking solution tailored specifically for migrants.
The company provides multilingual support and personalized financial advice for diverse migrant communities.
MAJORITY's app-based platform includes fee-free international money transfers and discounted international calls.

Upsides

MAJORITY's expansion into Texas positions it strategically near the U.S.-Mexico border.
The $37.5 million Series B funding boosts MAJORITY's capacity for innovation and expansion.
The growing U.S. immigrant population presents a substantial market opportunity for MAJORITY.

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