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Varo Bank1 day ago

Staff Data Scientist, Risk and Fraud

Hybrid · San Francisco, California, United States

Type
Full Time
Level
Senior Level
Education
Masters Degree
Company size
Unknown

Job Summary

Staff Data Scientist, Risk and Fraud leads fraud modeling and operations for banking/risk domains, owning the fraud/risk modeling lifecycle with independence to resolve complex issues and communicate with cross-functional partners. Establish and enforce robust testing, model governance, and data science best practices to ensure high-quality, compliant, and scalable outputs. Design and maintain advanced fraud models for banking/subprime lending using predictive modeling, statistical analysis, and machine learning (e.g., XGBoost, Deep Learning) to detect fraud/risk. Serve as the primary technical partner for Fraud/Risk Strategy, Operations, and Engineering teams, ensuring model outputs are accurate and producible in production. Provide mentorship and foster a culture of technical excellence while implementing monitoring frameworks to track model performance and data integrity in real-time, aligning with Model Risk Management standards.

Required Qualifications

  • Master’s or PhD in a quantitative field (Statistics, Data Science, Economics, CS) or equivalent practical experience
  • Deep Domain Expertise in financial industry fraud and/or risk modeling (ideally within subprime lending or high-volume payment environments)
  • Advanced proficiency in Python, SQL, and the AWS stack; strong data architecture and MLOps understanding
  • Strong strategic communication skills to interface with non-technical stakeholders and regulatory bodies on model governance and compliance
  • Experience implementing technical rigor from the ground up, including automated testing, documentation, and lifecycle management
  • Ability to mentor junior team members and drive best practices for model validation and MRM compliance
  • Autonomous execution with a track record of delivering robust, production-ready data science solutions
  • Experience with modern workflows and AI-assisted coding tools
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Varo Bank

Staff Data Scientist, Risk and Fraud

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