Full-Time

Staff Machine Learning Engineer

Modeling, Credit

Posted on 2/1/2025

Block

Block

10,001+ employees

Financial services and payment processing solutions

Compensation Overview

$194.5k - $343.1kAnnually

Senior

Oakland, CA, USA

The job may require some in-office presence in the Bay Area.

Category
Applied Machine Learning
AI & Machine Learning
Required Skills
Machine Learning
Data Analysis
Requirements
  • Bachelor's degree in Computer Science, Statistics, Mathematics, or a related field. A Master's degree is preferred
  • 6+ years of experience in machine learning, data analysis, or a related field
  • Strong knowledge of machine learning algorithms and data analysis techniques
  • Excellent problem-solving skills and attention to detail
  • Strong communication skills, with the ability to explain complex concepts to non-technical stakeholders
Responsibilities
  • Build and integrate ML solutions for evaluating customer cash flow risk including risk of default on credit obligations, risk of fraud & abuse of loans and other situations where Cash app advances funds or provides liquidity to customers
  • Support multiple products across 4+ workstreams in Cash
  • Empower teams to understand the financial performance of origination cohorts, optimize our automated decisioning pipeline using AI/ML, and help identify new opportunities for growth in our customer base
  • Experiment with various modeling techniques on our comprehensive customer data and see your solution through to production by partnering cross-functionally with finance, product, and engineering teams
Desired Qualifications
  • A Master's degree is preferred

Block Inc. focuses on providing a wide range of financial services through its various products. The main product, Square, offers tools for point-of-sale systems and payment processing, specifically designed for small businesses to manage transactions efficiently. The Cash App allows users to send money to each other, invest in stocks, and buy Bitcoin, all while providing a customizable debit card for easy access to funds. Block also ventures into the music streaming industry with TIDAL and works on enhancing Bitcoin's utility and security through projects like Spiral and a dedicated hardware wallet. What sets Block apart from its competitors is its diverse ecosystem that integrates various financial services, making it easier for users to manage their finances in one place. The company's goal is to create a seamless and comprehensive financial experience for individuals and businesses alike.

Company Size

10,001+

Company Stage

IPO

Headquarters

Oakland, California

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • Block's integration of AI enhances fraud detection and security measures.
  • The rise of DeFi platforms offers new opportunities for Block's financial services.
  • Growing demand for ESG investing encourages Block to develop sustainable investment products.

What critics are saying

  • Increased competition from fintechs like Affirm and SoFi may erode Block's market share.
  • Block's recent fines for AML and security failures could damage its reputation.
  • The CE 100 Index's decline may affect investor confidence in Block.

What makes Block unique

  • Block offers a comprehensive suite of financial tools for small businesses.
  • Cash App provides versatile services, including peer-to-peer transfers and Bitcoin investments.
  • Block is expanding into music streaming with TIDAL and Bitcoin initiatives like Spiral.

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Benefits

Remote Work Options

Health Insurance

Flexible Work Hours

Family Planning Benefits

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

4%
PYMNTS
Feb 24th, 2025
Platforms Use Cards And Deposits To Become Alternatives To Traditional Banks

FinTechs — especially platforms — are capitalizing on the continued buildout of digital solutions and products, including cards, to give consumers an alternative to traditional banks. In doing so, and by offering a continuum of financial services, Block, Affirm, SoFi and PayPal, and are moving beyond the confines of commerce to become, in essence, banks themselves. The latest earnings reports from these firms underscore the increased use of cards, buy now, pay later (BNPL) and direct deposit activity tied to a single point of access (an app) that keeps customers transacting not only with merchants on the platforms, but off the platforms as well

Bank Automation News
Feb 21st, 2025
Block expands Afterpay on Cash App card

Block is rolling out Afterpay on its Cash App card this week after a year of testing the buy now, pay later service.

CT News Junkie
Jan 20th, 2025
Connecticut Joins Settlement With Cash App Owner Block, Inc., For Violations And Security Failures

Connecticut joins settlement with Cash App owner Block, Inc., for violations and security failures.

MarketBeat
Jan 19th, 2025
Udine Wealth Management Inc. Invests $953,000 in Block, Inc. (NYSE:SQ)

Udine Wealth Management Inc. invests $953,000 in Block, Inc. (NYSE:SQ).

The FinRate
Jan 17th, 2025
Block Fined $255 Million Over Cash App AML and Fraud Failings

Block Inc. has been fined $255 million over AML and fraud failures on its Cash App platform, with penalties imposed by state regulators and the CFPB.

INACTIVE