Full-Time

Data Scientist

Growth Team

Posted on 9/8/2024

Wave Mobile

Wave Mobile

1,001-5,000 employees

Mobile platform for free financial services

Compensation Overview

$143.7k - $169kAnnually

+ Equity Package

Senior

Remote in USA

Category
Data Science
Data & Analytics
Required Skills
Python
Data Science
R
SQL
Requirements
  • Minimum Bachelor's degree in a quantitative field such as Statistics, Mathematics, Economics, Quantitative Social Science, Applied Psychology, or a related discipline. A Master's or PhD is a plus.
  • 5+ years experience in applied data analytics or similar experience.
  • Demonstrated experience running product A/B tests, field experiments, and marketing experiments and conducting causal inference analyses.
  • Experience collaborating with and supporting cross-functional teams on data analysis and execution of experiments.
  • Deep knowledge of statistics and econometrics.
  • Expertise in experimental design including sampling, randomisation, stratification, and clustered designs.
  • Knowledge of non-experimental causal inference methodologies, such as propensity score matching, difference-in-differences analysis, and instrumental variable analysis.
  • Strong SQL skills with expertise in querying, manipulating and analyzing data.
  • Strong Python skills with expertise in data cleaning, manipulation, and statistical analysis (strong R skills are also acceptable and a willingness to quickly adapt to Python).
  • Proficiency applying machine learning methods for optimization and analysis of experimental data.
  • Familiarity with data visualization libraries.
Responsibilities
  • Be embedded closely with our operations and product teams.
  • Generate insights using customer, merchant and agent data, which will include running power analyses, statistical modeling, and data visualization.
  • Design, implement and analyze experiments to evaluate the causal impact of new product features, promos, and operational process changes.
  • Design causal inference analysis plans using longitudinal data.
  • Explore large data sets to identify growth drivers and generate testable hypotheses.
  • Build and apply machine learning models to improve product features and to analyze heterogeneous treatment effects (e.g. using random forests and related methods).
  • Take ownership of the analytics process - from project scoping and design through communicating findings to stakeholders.

Wave provides a mobile platform that enables users in Africa to deposit, withdraw, and pay bills without incurring fees. This service is designed to simplify financial transactions for individuals and small businesses, particularly those who do not have access to traditional banking. By focusing on underserved populations, Wave aims to foster financial inclusion and support economic development across the continent. Unlike many competitors, Wave does not charge for basic financial services, which helps attract a large user base. The company generates revenue through partnerships and additional services while maintaining its commitment to offering free transactions. Wave's goal is to create a financial infrastructure that can help lift people out of poverty, similar to the success of mobile money in Kenya.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$204.3M

Headquarters

Dakar, Senegal

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • €90 million IFC investment boosts Wave's expansion in Senegal and Côte d'Ivoire.
  • Stellar Development Foundation's $5 million investment supports blockchain-based financial solutions.
  • 5G partnership with 3 Link could enhance connectivity and service access in Africa.

What critics are saying

  • Competition from established platforms like M-Pesa threatens Wave's market share.
  • Regulatory scrutiny in Senegal and Côte d'Ivoire poses compliance challenges.
  • Economic instability in Africa may hinder mobile money adoption.

What makes Wave Mobile unique

  • Wave Mobile offers free transactions, unlike many competitors charging fees.
  • The company targets underserved African populations lacking traditional banking access.
  • Wave leverages mobile technology to reach remote and rural areas effectively.

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Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Parental Leave

Fertility Treatment Support

Remote Work Options

$10,000 annual charitable donation matching

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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