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Full-Time

Data Scientist

Growth Team

Confirmed live in the last 24 hours

Wave Mobile

Wave Mobile

1,001-5,000 employees

Mobile platform for free financial services

Fintech
Social Impact

Senior

Remote in USA

Category
Data Science
Data & Analytics
Required Skills
Python
R
SQL
Marketing
Data Analysis
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 services. By focusing on underserved populations, Wave aims to foster financial inclusion and support economic development across the continent. Unlike many competitors, Wave's primary offering is free basic financial services, which helps to build a large user base. The company generates revenue through partnerships and additional value-added services. 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 Stage

Series A

Total Funding

$403.7M

Headquarters

Dakar, Senegal

Founded

2017

Growth & Insights
Headcount

6 month growth

8%

1 year growth

14%

2 year growth

25%
Simplify Jobs

Simplify's Take

What believers are saying

  • Significant funding from the IFC and other lenders will enable Wave to expand its operations and deepen its product offerings in Senegal and Côte d'Ivoire.
  • Wave's partnerships and potential value-added services offer multiple revenue streams beyond basic financial transactions.
  • The company's commitment to a transparent and fair work environment, along with competitive pay and comprehensive benefits, makes it an attractive employer.

What critics are saying

  • The competitive landscape in digital finance is intense, with numerous players vying for market share in Africa.
  • Reliance on partnerships for revenue generation could pose risks if these partnerships do not materialize or fail.

What makes Wave Mobile unique

  • Wave offers free basic financial services, eliminating transaction fees that are common with competitors.
  • The founders' previous success with Sendwave provides a strong foundation and credibility in the digital finance space.
  • Wave's focus on underserved populations in Africa and its mission-driven approach set it apart from other fintech companies.