Full-Time

Head of Data Science & AI

Posted on 11/21/2024

Socure

Socure

201-500 employees

Digital identity verification and fraud prevention

Fintech
Financial Services

Expert

Remote in USA

Category
Data Science
Data & Analytics
Required Skills
Data Science
Computer Vision
Requirements
  • 10+ years in data science, machine learning, or a similar leadership role, with a proven track record of developing innovative models and driving impactful results in technology or financial services.
  • Strong leadership skills with experience mentoring and managing high-performing data science teams, fostering a culture of collaboration and innovation.
  • Deep understanding of data science, machine learning, and computer vision, including experience with advanced modeling techniques and big data technologies.
  • Ability to think strategically and translate complex data insights into actionable strategies that align with business goals and drive growth.
  • Excellent cross-functional collaboration skills, with the ability to influence and align diverse teams around data-driven initiatives.
  • Demonstrated ability to stay current with industry trends and integrate new technologies and methodologies into data science practices.
  • Strong verbal and written communication skills, with the ability to convey complex technical concepts to both technical and non-technical audiences, including executive leadership and external stakeholders.
Responsibilities
  • Develop and drive the overall data science and AI strategy with a focus on innovation, technological advancement, and competitive differentiation.
  • Lead the development of novel machine learning models, computer vision applications, and generative AI solutions that address complex business challenges and enhance product offerings.
  • Work closely with Product, Engineering, Marketing, Sales, and Customer Success teams to align AI initiatives with business goals, ensuring seamless integration and execution across the organization.
  • Stay at the forefront of AI and data science advancements, incorporating the latest research, tools, and methodologies into Socure’s technology stack.
  • Engage with customers and the market to understand needs, validate AI-driven solutions, and ensure Socure’s offerings remain cutting-edge, pushing the boundaries of what’s possible within the fraud, identity verification and compliance industry.
  • Mentor data science teams, fostering a culture of innovation, collaboration, and continuous learning. Provide guidance on complex projects and ensure the team is equipped with the latest skills and knowledge.
  • Ensure that AI models and applications are developed and deployed with a focus on ethics, fairness, and transparency, aligning with industry best practices and regulatory requirements.
  • Oversee data strategy, including data acquisition, management, and governance, to ensure the availability of high-quality data for AI applications.
  • Drive the creation and maintenance of an innovation pipeline that leverages AI and data science to generate new business opportunities and enhance existing products.

Socure specializes in digital identity verification and fraud prevention, primarily serving the financial services sector, including banks and credit unions. The company uses machine learning and advanced algorithms to analyze minimal customer data to assess the risk of fraud. One of its key products, the Sigma Fraud Score, effectively detects fraudulent activities by comparing transactions against a proprietary database of known fraudsters. Additionally, Socure offers solutions like Device Risk, which authenticates user sessions by gathering unique device features, enhancing security and user experience. Socure operates on a subscription model, allowing clients to access its suite of tools and databases continuously, while also helping them comply with regulations like the Patriot Act through robust Customer Identification Programs. The goal of Socure is to provide accurate and efficient identity verification solutions that minimize fraud risk for financial institutions.

Company Stage

N/A

Total Funding

$629M

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-4%

2 year growth

-18%
Simplify Jobs

Simplify's Take

What believers are saying

  • Winning the AI Breakthrough Award for Best AI-Based Solution for Fraud Prevention highlights Socure's industry leadership and innovation.
  • Partnerships with companies like Xcelerate and Oscilar enhance Socure's capabilities and market reach, providing robust solutions for government and financial institutions.
  • Socure's ability to capture up to 99% of ID fraud in the riskiest 5% of users significantly reduces fraud losses and increases revenue for clients.

What critics are saying

  • The competitive landscape in digital identity verification and fraud prevention is intense, requiring continuous innovation to maintain leadership.
  • Dependence on advanced technologies like machine learning may pose challenges in adapting to rapidly evolving fraud tactics.

What makes Socure unique

  • Socure's use of machine learning and advanced algorithms for digital identity verification and fraud prevention sets it apart from traditional methods.
  • The Sigma Fraud Score's high accuracy in detecting fraud, leveraging a proprietary database, provides a significant competitive edge.
  • Socure's comprehensive suite of solutions, including Device Risk and Customer Identification Programs, offers a holistic approach to security and compliance.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Competitive salary & equity

Comprehensive medical, dental, & vision coverage

FSA

Parental leave

401k

Life insurance

PTO