What are the responsibilities and job description for the Data Scientist – Fraud team position at Software Resources?

We are looking for a Data Scientist- Fraud Team for our client in Santa Monica, CA OR Valencia, CA. This is an onsite role 4 days a week, one day remote.

Position Location : Hybrid – Los Angeles Metro or Valencia, CA

Position Summary :

Looking for a well-rounded individual with a strong background in data analysis, data handling, and Machine Learning algorithms. This individual will have effective communication skills and be able to participate in customer meetings.

Responsibilities :

Data Analysis and Exploration :

Conduct in-depth analysis of large-scale datasets to identify patterns and anomalies associated with fraudulent activities.

Collaborate with teams to understand business requirements and design data-driven solutions.

Research and incorporate external fraud intelligence feeds, identity data, and other third-party data sources to bolster capabilities.

Machine Learning Model Development :

Develop and implement machine learning models for fraud detection and prevention.

Continuously optimize and enhance existing models to improve accuracy and efficiency.

Conduct controlled A / B testing and experimentation to compare efficacy of models and approaches.

Data Management :

Define and manage end-to-end data processes, ensuring data quality, integrity, and security.

Collaborate with IT and security teams to establish robust data governance practices.

Implement robust model management practices including versioning, monitoring, and retraining.

Ensure compliance with relevant regulations (e.g., PCI-DSS) and data privacy laws.

Threat Hunting :

Build, foster, and maintain relationships within the fraud detection and threat hunting ecosystem to ensure that the latest tools and techniques are incorporated into the platform.

Creation and selection of methodologies specific to fraud detection and threat hunting, such as behavioral fingerprints, velocity checks, and risk scores.

Collaboration and Communication :

Familiarity with BI and visualization tools to facilitate the creation of dashboards and reporting mechanisms.

Work closely with stakeholders to understand their needs and translate them into actionable insights.

Present findings and recommendations to both technical and non-technical audiences.

Ability to effectively participate and communicate in customer meetings.

Innovation and Research :

Stay abreast of the latest advancements in data science, machine learning, and fraud detection technologies.

Proactively explore and recommend innovative solutions to enhance fraud detection capabilities.

Requirements :

Educational Background :

Advanced degree in Data Science, Machine Learning, Statistics, or a related field or equivalent industry experience.

Experience :

5 years of experience in developing and deploying machine learning models for fraud detection.

Proven track record of successfully managing end-to-end data processes.

Technical Skills :

Proficiency in programming languages such as Python or R.

Experience with machine learning frameworks and tools.

Strong SQL skills for data extraction and manipulation.

Experience with distributed computing frameworks for handling large data volumes.

Amazon Web Service (AWS) platform experience would be a plus.

Communication and Collaboration :

Excellent communication skills with the ability to convey complex technical concepts to non-technical stakeholders.

Proven ability to work collaboratively in cross-functional teams.

Security Awareness :

Understanding of cybersecurity principles and best practices.

Don’t delay. Join the Software Resources team today!

Software Resources specializes in connecting talented IT professionals with challenging job opportunities that transform jobs into careers.

To meet our clients’ hiring needs, we continuously source talented IT Professionals with all levels of expertise in all disciplines. We offer world-class major medical, dental, and vision benefits, 401(k) with match, short-term disability, Life Insurance, and AD&D. You, our future employees, can make a tremendous difference to our company and our clients. Please apply to this job and experience the Software Resources difference. You can view all of our jobs at https : / / www.softwareresources.com / careers /

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