Data Scientist at PayPal Inc. in Timonium, Maryland

Posted in Other 6 days ago.

Job Description:

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.

Job Description Summary:
The Data Scientist 2 role will be part of the First Line of Defense Model Controls function in the Global Credit, Seller and Collections (GCSC) organization. As a Data Scientist 2, you will be responsible for managing the model governance process of all models used by the business. These activities are governed by the enterprise-wide Model Risk Management (MRM) policy and procedures. Your responsibilities include reviewing statistical model constructs, guiding model developers and model owners in preparing model documentation per the MRM standards, ensuring that the models are approved by all Second Line oversight teams and conduct regular monitoring of model performance. Detailed responsibilities are listed below.

Job Description:


  • Independently manage the new model governance process for all models spanning across the customer lifecycle used in Global Credit Risk and Global Seller Risk business per the enterprise wide Model Risk Management standards

  • Act as a primary liaison between model developers, Second Line of Defense teams (within PayPal) and model owners to guide the model approval process and also be able to explain the model construct and answer questions arising out of model reviews

  • Work closely with model developers to ensure that models are developed and documented per the Regulatory guidelines related to not just Model Risk Management (MRM, Legal, Compliance and Fair Lending) but also other applicable Consumer Protection and Fair Lending laws across the US as well as other countries

  • Present the model design and documentation to Second Line of Defense teams (including Legal, Compliance and Fair Lending) at partner banks as applicable and respond to any questions during the approval process about the model

  • Demonstrate a good understanding of advanced statistical techniques used for model development including numerous Machine Learning algorithms

  • Effectively communicate and coordinate between all stakeholders in the model governance process to ensure timely approval and review of models used by the Business

  • Interface with all levels of management to present model approval status including model developers, model owners / users, partner banks, model oversight teams as well as senior management in various forums

  • Collaborate with peers in the ongoing monitoring activities to help drive insights from regular model performance tracking and validation reports


  • Bachelor's / Master's degree in quantitative area strongly preferred - including mathematics, statistics, engineering, computer science, economics or finance

  • 6+ years' experience in model development or model validation / model risk management in consumer and/or business financing credit risk or in the digital payments industry


Travel Percent:

Our Benefits:
At PayPal, we're committed to building an equitable and inclusive global economy. And we can't do this without our most important asset-you. That's why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.
We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit

Who We Are:
Click Here to learn more about our culture and community.

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at

As part of PayPal's commitment to employees' health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.
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