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Full-Time

Head of Risk Data Science

Updated on 9/6/2024

Shakepay

Shakepay

51-200 employees

Cryptocurrency exchange and wallet for Canadians

Consulting
Hardware
Fintech
Crypto & Web3
Financial Services

Senior, Expert

Remote in Canada

Category
Data Science
Data & Analytics
Required Skills
Python
Data Science
R
Data Structures & Algorithms
SQL
Data Analysis
Requirements
  • Minimum of 5+ years of work experience in data science or analytics.
  • Strong understanding of risk management and underwriting in a fintech context.
  • Technical proficiency in one of Python or R in a data science context and SQL.
  • Ability to develop and optimize risk decision algorithms.
  • Experience in experiment & A/B/n test design and analysis.
  • Experience conducting deep-dive statistical analysis (modeling, causality, regression, etc.).
  • A demonstrated ability to manage and deliver on multiple projects with cross-functional teams and a high attention to detail.
  • Outstanding written and verbal communication skills. Ability to distill nuanced statistical findings accurately to a business audience is critical.
  • Knowledge of effective data visualization principles, tools, and techniques.
  • Some familiarity with dbt (our data transformation tool).
Responsibilities
  • Work with large and complex data sets to identify and solve challenging problems related to customer actions and risk decisioning with various analytical and statistical approaches.
  • Develop and refine models for risk assessment and underwriting to enhance decision-making processes and ensure robust risk management.
  • Define key performance indicators (KPIs) and set success and guardrail metrics for risk management.
  • Engage in deep partnership with Product Managers to align risk decisioning efforts with strategic business goals and communicate findings with senior management.
  • Manage controlled experiments (i.e., A/B/n tests) from design, data tracking and instrumentation, impact sizing, audience selection, and results analysis.
  • Collaborate with other data practitioners to share knowledge and participate in the evolution of Shakepay’s internal data platform, tooling and culture.
  • Conduct ad hoc investigations and make evidence-based recommendations that drive improvements in risk management and underwriting optimization.
  • Stay updated with industry trends and advancements in data science, risk decisioning, and underwriting to continually enhance Shakepay’s capabilities.

Shakepay provides a user-friendly platform for Canadians to buy and earn bitcoin, and conduct peer-to-peer transactions, with a focus on promoting widespread bitcoin adoption. The platform likely utilizes blockchain technology and digital wallets to enable seamless bitcoin transactions.

Company Stage

Series A

Total Funding

$36M

Headquarters

Montreal, Canada

Founded

2015

Growth & Insights
Headcount

6 month growth

18%

1 year growth

25%

2 year growth

9%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $44 million Series A funding round provides significant capital for expanding product offerings and scaling operations.
  • Innovative features like 'shakepaid' and bitcoin cashback can attract a loyal customer base seeking more value from their financial services.
  • Partnerships with established entities like Marqeta enhance Shakepay's credibility and operational capabilities.

What critics are saying

  • The volatile nature of cryptocurrency markets could impact customer trust and the stability of Shakepay's financial products.
  • Competition from both traditional banks and emerging fintech companies could pressure Shakepay to continuously innovate and maintain its unique offerings.

What makes Shakepay unique

  • Shakepay's focus on eliminating fees for basic financial services sets it apart from traditional banks and fintech competitors.
  • The integration of bitcoin cashback and 'shakepaid' rewards offers unique value propositions that are not commonly found in other financial platforms.
  • Shakepay's seamless combination of traditional financial services with cryptocurrency options appeals to a tech-savvy, younger demographic.