Senior Data Scientist I at Remitly

Alpharetta, Georgia, United States

Remitly Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial TechnologyIndustries

Requirements

  • Master’s degree (or foreign equivalent) in Data Science, Quantitative Research, or a related field
  • 2 years of experience in the job offered or related occupations
  • 2 years of experience in the Insurance industry, with knowledge of Property and Casualty Claims
  • 2 years of experience with ML techniques including hypothesis testing, sample design, model development (linear and non-linear models), validation of machine learning models
  • 2 years of experience programming in Python and/or R, with extensive experience with their standard data manipulation and ML packages (pandas, scikit-learn, NumPy, XGBoost, PyTorch in Python and rpart, party, caret in R) and Scala
  • 2 years of experience learning and working with new technologies (Pyspark, ECL, Azure/AWS ML Services) and sharing cross-functional knowledge across teams
  • 2 years of experience generating Pivot Tables in Microsoft Excel
  • 2 years of experience creating documentation and presentations in Microsoft Word and Microsoft PowerPoint

Responsibilities

  • Research and develop statistical/machine learning models to analyze structured and unstructured data by ideating and experimenting with new methodologies to generate predictive scores and attributes
  • Lead the design and development of data acquisition and machine learning models to produce key attributes that can leverage in risk segmentation models
  • Ideate, research, and design new and innovative analytics and data science methodologies on large scale and complex data assets
  • Store, archive, index, transfer, and analyze large and complex datasets (structured and unstructured data)
  • Work with peers to share subject matter expertise, transfer skills, and develop knowledge base
  • Explore and mine new data sources to help optimize and validate existing models
  • Have a thorough understanding of the team's core functions and technologies
  • Stay current on emerging knowledge and technologies that impact the team's success and performance
  • Be consulted by internal stakeholders to assess and troubleshoot challenges requiring functional expertise
  • Make important contributions to the team's success using technical and professional expertise
  • Apply organization and/or business knowledge to address issues facing the team
  • Help develop and articulate a sound business and technical strategy for the team
  • Successfully apply expertise to advance the team's objectives
  • Welcome new ideas and methods to establish and achieve stretch goals within the team
  • Establish high standards that elevate the team's performance and benefit everyone on the team
  • Consistently communicate team goals and milestone achievements to internal stakeholders
  • Accept new approaches and ideas from the team
  • Encourage internal stakeholders to share best practices and new ideas with the team
  • Take measures to advance new ideas within the team rather than discourage them
  • Perform other duties as needed

Skills

Machine Learning
Statistical Modeling
Data Analysis
Predictive Modeling
Risk Segmentation
Data Acquisition
Large Scale Data
Structured Data
Unstructured Data
Data Mining
Analytics

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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