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Model Controls Analyst in Timonium at PayPal

Date Posted: 6/17/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Timonium
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    6/17/2020
  • Job ID:
    R0056411

Job Description

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 305 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

The Model Controls Analyst role will be responsible for managing all the ongoing monitoring and maintenance activities for models used across the credit lifecycle in the Global Credit Risk business within PayPal. These activities are governed by the enterprise wide Model Risk Management standards and procedures. These include generating model performance reports on a regular basis, driving insights from the results and making recommendations on continued use of models to all stakeholders.

  • Independently manage ongoing monitoring activities for all models spanning across the credit lifecycle used in Global Credit Risk business per the enterprise wide Model Risk Management standards
  • Generate model monitoring reports on an ongoing basis consisting of statistical measures of model performance, model stability and model accuracy that utilize advanced modeling techniques such as Linear/Logistic Regressions as well as Machine Learning algorithms
  • Conduct advanced statistical analyses to understand historical performance trends and generating insights by performing deep dives into evaluating root causes of changes in performance or threshold breaches if any
  • Establish metrics for tracking model performance relevant to business needs apart from the prescribed statistical measures
  • Interfaces with all levels of management to present and communicate model monitoring results including model developers, model owners / users, partner banks, model oversight teams in the second line Model Risk Management function as well as senior management in various forums
  • Explore and develop state of the art computer programs leveraging multiple programming languages to automate and enhance the monitoring reports and activities
  • Work closely with second line teams on adoption of model governance standards and policies
  • Ensure all models are accurately inventoried and properly documented
  • Participate in the formal model governance process to ensure models are reviewed and approved by all key stakeholders

  • Qualifications:
  • Bachelor’s / Master’s degree in quantitative area strongly preferred – including mathematics, statistics, engineering, computer science, economics or finance
  • 3+ years’ experience in model development or model validation / model risk management in consumer and/or business financing credit risk
  • Strong programming skills necessary with preferred background in SAS and SQL, however extensive experience in other languages such as Python or R would be acceptable
  • Strong written, oral, and interpersonal skills
  • Experience working with large datasets is a plus

We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com.

R0056411

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