Data Scientist

Data Scientist – Vilnius, Lithuania

Are you passionate about data? Are you ready to join an advanced team in a global company that customers depend on to prevent fraudulent transactions? Are you interested in joining a globally diverse organization where our unique contributions are recognized and celebrated, allowing each of us to thrive? Then join Western Union as a Data Scientist.

Western Union powers your pursuit.

Role Responsibilities

• Develop and maintain machine learning models to capture fraudulent transactions in real-time while ensuring minimal impact on good customers and lowest false positive rates.

• Continuously tracking and evaluating the effectiveness of fraud and risk models and rules.

• Perform big data analysis of WU transactions while leveraging advanced quantitative analytics to identify possible fraud mitigation opportunities and controls to decrease losses or improve customer experience.

• Prepare monitoring dashboards to monitor and communicate the performance of fraud controls and machine learning models.

• Ensure timely optimizations are made to improve fraud controls & models upon degradations.

• Assessment of the impact of deployed risk rules and models and tracking the full flow across different risk stages.

• Perform clustering, profiling and customer segmentation based on big data of customer behavior and related data variables to identify opportunities to enhance model/rule performance.

• Lead and participate in data-driven projects that are geared at improving risk controls and customer experience.

• Conduct ad-hoc data analysis in response to internal and external analytic requests.

• Provide guidance and mentorship for junior team members.

• Collaborate with cross-functional teams to improve losses controls and customer experience while translating complex data into actionable insights.

• Optimize and maintain robotic process automations to improve overall effectiveness and efficiency of risk rules, models, reporting and applied controls.

• Perform presentations to different audiences on fraud controls, models, improvements and possible opportunities.

Role Requirements

• Advanced SQL & Python programming skills.

• Proficiency at developing machine learning models (supervised and unsupervised).

• Advanced skills at Excel and Big Data manipulation and presentation.

• Having advanced degree or extensive proven experience (at least 1 year) or qualification in quantitative related fields (Statistics, Math, Operations Research, etc.) is required.

• Strong problem solving and analytical skills to analyze problems and produce justification to enhance fraud decisions.

• Strong communication skills to convey fraud insights.

• Fluency in English language (oral and written).

Nice to have:

• Master's degree in quantitative related field (Statistics, Math, Operations Research etc).

• Working knowledge of statistical analysis tools like SAS, R, Matlab etc.

We make financial services accessible to humans everywhere. Join us for what’s next.

Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/.

Salary

The monthly gross base salary range is 2041 - 3083 EUR. This range represents the anticipated low and high end of the salary for this position. This role is also eligible to receive an annual bonus that align with individual and company performance. Actual salaries will vary and are based on factors such as a candidate’s qualifications, skills, and competencies.

Benefits

You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few (https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

Your Lithuania specific benefits include:

• Private Health Insurance (3 options)

• Life & Accident Insurance

• Additional days off

• Wide variety of discounts and special offers

• ⁠Free Fitness facilities

• Volunteering activities

• Referral program

• Relocation Buddy support upon request

Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.  

Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week. 

We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.

#LI-DD2

#LI-Hybrid

Estimated Job Posting End Date:

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.