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Internship

Data Scientist Intern

Fall 2024

Posted on 7/22/2024

Chime

Chime

1,001-5,000 employees

Online banking platform offering fee-free services

Fintech
Financial Services

Compensation Overview

$34 - $49Hourly

San Francisco, CA, USA

Category
Data Science
Data & Analytics
Required Skills
Python
Data Science
Keras
SQL
Requirements
  • Currently pursuing a Bachelor's or Master’s degree in Computer Science, Engineering, Mathematics, Statistics, or a related field.
  • Proficient programming skills (Python preferred) for developing ML & feature engineering systems, and intermediate SQL skills for wrangling data from various sources.
  • Coursework or hands-on experience in building advanced machine learning techniques, including GBM’s, deep learning models, embeddings, Graph Neural Networks (GNNs), transformers, etc
  • Proficiency in leveraging various ML/DL toolkits such as Keras, PyTorch, TensorFlow, Scikit-learn, SparkML, etc.
  • Familiarity with cloud and infrastructure services is a plus.
  • A strong passion for teamwork and effective communication with both technical and non-technical partners.
Responsibilities
  • Assist in the design, training, and deployment of innovative ML models, enhancing the efficacy of Chime's mission-critical machine learning systems.
  • Work on internal tooling and standards that reduce ML model development time and deliver an excellent Data Science (DS) experience.
  • Learn about our SageMaker ML pipeline infrastructure for model training, evaluation, and deployment at scale.
  • Develop ML techniques that drive broad impact across multiple models, improving overall efficiency and effectiveness.
  • Work with cross-functional Subject Matter Experts (SMEs) to understand how ML is developed and utilized at scale within a corporation, encompassing compliance workflows, design considerations, and technical architecture.
  • Actively engage with the data community at Chime by sharing knowledge and learning about ML and other technical standards and processes.
  • Collaborate closely with data and platform engineers to design and build next-generation data/ML products, supporting Chime's data solutions at scale.

Chime offers online banking services without physical branches, focusing on a fee-free experience. It allows customers to overdraft up to $200 on debit card purchases without fees through its SpotMe service and provides direct deposit for paychecks up to two days earlier than traditional banks. Chime does not charge monthly fees or minimum balance fees and offers a secured credit card to help users build credit. The company's goal is to provide accessible and cost-effective banking solutions for those who prefer digital banking.

Company Stage

Series G

Total Funding

$2.2B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

7%

1 year growth

10%

2 year growth

10%
Simplify Jobs

Simplify's Take

What believers are saying

  • Chime's acquisition of Salt Labs and the launch of Chime Enterprise indicate a strategic expansion into the enterprise market, potentially increasing user growth through employer partnerships.
  • The introduction of MyPay, allowing early wage access, showcases Chime's commitment to innovative solutions that address the financial needs of everyday people.
  • Chime's focus on financial literacy and unique initiatives like Coloring Budgets and partnerships with cultural icons like T-Pain enhance its brand appeal and customer engagement.

What critics are saying

  • Regulatory changes affecting interchange fees and overdraft policies could impact Chime's revenue model, which heavily relies on these fees.
  • The settlement with the CFPB over delayed balance refunds highlights potential compliance and operational risks that could affect customer trust.

What makes Chime unique

  • Chime's entirely online platform eliminates the need for physical branches, offering a seamless digital banking experience unlike traditional banks.
  • The fee-free model, including features like SpotMe and early direct deposit, sets Chime apart from competitors who often charge various fees.
  • Chime's secured credit card that doesn't require a credit check provides a unique opportunity for customers to build credit, distinguishing it from other financial institutions.

Benefits

Competitive salary based on experience

401k match plus the usual medical, dental, vision, life, and disability benefits

Generous vacation policy and company-wide Take Care of Yourself Days

Virtual events to connect with your fellow Chimers- think cooking classes, music festivals, mixology classes, paint nights, etc., and delicious snack boxes, too!

INACTIVE