Data Scientist, Capital

  • San Francisco, CA
  • Full-time

Company Description

We believe everyone should be able to participate and thrive in the economy. So we’re building tools that make commerce easier and more accessible to all. We started with a little white credit card reader but haven’t stopped there. Our new reader helps our sellers accept chip cards and NFC payments, and our Cash app lets people pay each other back instantly. We’re empowering the independent electrician to send invoices, setting up the favorite food truck with a delivery option, and helping the ice cream shop pay its employees. And, with Square Capital, we have extended over $1 billion in funding to our sellers, helping them manage their cashflow and making it easy to invest in and grow their business. Let’s shorten the distance between having an idea and making a living from it. And make it easier for customers to shop and pay at their favorite businesses. We’re here to help sellers of all sizes start, run, and grow their business—and helping them grow their business is good business for everyone.

Job Description

As a Data Scientist at Square working on Capital, you will lead projects that derive value from our unique, rich, and rapidly growing data. Specifically, you will do analysis and build models which will help drive originations and reduce losses for our business loan products.

Specific problems you will solve include:

  • How can we detect fraud and avoid making loans to businesses who are unlikely to repay?

  • How should we size loans to balance risk and growth?  What, if any, external data should we invest in to improve the performance of our credit models?

  • How do we optimize our marketing?  For example, what is the optimal frequency and timing of emails?  

Qualifications

Requirements:

  • 2-4 years of relevant industry experience

  • Experience developing and deploying machine learning and statistical models

  • Strong quantitative intuition and data visualization skills for ad-hoc and exploratory analysis

  • The versatility to communicate clearly with both technical and non-technical audiences

  • A willingness to solve problems using whichever tool is most appropriate for the situation, balancing multiple business and technical constraints

Preferred:

  • A graduate degree in statistics, applied mathematics, computer science, physical sciences, or a similar technical field

  • Experience with lending and/or financial data

Technologies we use and teach:

  • Python (numpy, pandas, sklearn, xgboost, TensorFlow)

  • MySQL, Hive

  • Google Cloud Platform

  • Looker

Additional Information

At Square, our purpose is to empower – within and outside of our walls. In order to build the best tools for the businesses and customers we support all over the world, we have to start at home with a workforce as diverse and empowered as our sellers. To this end, we take great care to evaluate all employees and job applicants equally, based on merit, competence, and qualifications. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by law. We encourage candidates from all backgrounds to apply and always consider qualified applicants with arrest and conviction records, in accordance with the San Francisco Fair Chance Ordinance. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us by sending an email to assistance(at)squareup.com. We will treat your request as confidentially as possible. In your email, please include your name and preferred method of contact, and we will respond as soon as possible. Perks At Square, we want you to be well and thrive. Our global benefits package includes: Healthcare coverage, Retirement Plans, Employee Stock Purchase Program, Meal reimbursements, Wellness perks, Paid parental leave, Flexible time off, Learning and Development resources