Block · 17 hours ago
Data Scientist - Risk
Block is a company focused on economic empowerment, and they are seeking a Data Scientist to enhance automated risk monitoring capabilities. The role involves developing key risk indicators, collaborating with stakeholders, and providing data-driven recommendations to manage product risks effectively.
Financial Services
Responsibilities
Collaborate with Risk Business Partners and other stakeholders to develop Key Risk Indicators (KRIs) metrics to measure first-line control performance, identify regressions, and estimate residual risk across Block brands (e.g. Cash App, Square, Afterpay)
Size opportunities and identify levers to reduce risk or bad activity as measured by KRIs and shape the strategic direction of the Risk organization
Utilize proxy measurement methodologies to estimate and monitor operational and product risks at Block
Design and implement alerting systems to detect risk regressions and anomalies
Create metrics and visualizations that size relative risks, identify priorities, and surface opportunities for action
Partner with product teams during experimentation, rollout, and post-launch phases to measure potential product risks
Develop experimentable risk metrics and proxies to streamline the measurement of risk outcomes during product launch experiments
Implement non-experimental analyses (pre/post, synthetic control, regression discontinuity) to estimate changes when experiments are not possible
Work with stakeholders to quantify the potential risks of new features and provide data-driven recommendations
Collaborate with the First Line Risk Monitoring team to analyze, build visualizations, and understand potential risks of externally shared data
Support managing partner risk through data analysis and monitoring frameworks
Present findings and recommendations to senior stakeholders and non-technical audiences
Help stakeholders understand tradeoffs and estimate the impact of different risk mitigation alternatives
Partner with First Line Risk Monitoring leads to scope analytics projects and deliver independently
Work cross-functionally with Risk product teams, Compliance, Customer Operations, and other Risk org teams
Qualification
Required
Minimum 5+ years of post-graduate industry experience in product data science roles
Demonstrated experience building metrics, dashboards, and monitoring systems in fast-paced environments
Track record of partnering with cross-functional teams to deliver analytics that drive decision-making
Proven ability to communicate complex technical concepts to non-technical stakeholders
Strong stakeholder management skills with ability to influence without authority
Excellent communication skills, including translating technical analysis for business audiences
Collaborative approach to problem-solving with ability to present point of view and facilitate tradeoffs
Strategic thinking with ability to balance analytical rigor with business pragmatism
Proactive mindset with ability to identify emerging risks through data patterns
Self-starter who can independently deliver projects after collaborative scoping
Bachelor's degree required in Data Science, Statistics, Computer Science, Mathematics, Engineering, or related quantitative field
Strong proficiency in Python and SQL
Solid understanding of probability and statistics, including A/B test design and evaluation, standard error calculations and statistical inference, and anomaly detection techniques and methods
Experience with Python visualization packages (e.g. matplotlib / plotly)
Experience working with git or version control systems
Experience leveraging LLMs and engineering prompts to accelerate development or analyze non-quantitative data
Experience with data warehousing platforms (e.g., Snowflake, BigQuery)
Preferred
Master's degree or PhD preferred in a quantitative discipline
Past experience in Fintech and/or trust & safety is a plus
Benefits
Remote work
Medical insurance
Flexible time off
Retirement savings plans
Modern family planning
Company
Block
Block is one company built from many blocks, all united by the same purpose of economic empowerment.
H1B Sponsorship
Block has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (257)
2024 (253)
2023 (260)
2022 (297)
Funding
Current Stage
Late StageRecent News
Morningstar, Inc.
2024-11-14
Business Journals
2024-04-05
2024-03-08
Company data provided by crunchbase