Senior Data Scientist - AML

Netspend Corporation is a global, vertically-integrated financial services and technology company dedicated to the delivery of innovative financial empowerment solutions to consumers worldwide. Netspend's financial products and services span prepaid, debit, cross-border payments, and loyalty solutions for consumers and enterprise partners. Netspend provides prepaid and debit account solutions that connect customers with secure, convenient access to global payment networks so they can manage their money and make everyday purchases. With a nationwide U.S. retail network, customers can purchase and reload Netspend products at 130,000 reload points and over 100,000 distributing locations. Since our founding in 1999 by industry pioneers, Netspend products have processed billions of dollars in transaction volume and served millions of customers worldwide. The company is headquartered in Austin, Texas with employees worldwide.

The Senior Data Scientist – AML plays a critical role developing and supporting Netspend’s Compliance Department, with a specific focus on AML Compliance. You will be the senior lead, as a team of 1, to develop hybrid, effective, and efficient AML monitoring approaches. The approaches will include, (1) traditional dollar threshold rules based on statistical outlier analysis, (2) targeted rules for high impact scenarios, (3) explainable statistical models, and (4) highly efficient models where effectiveness is the top priority. You will be

responsible for performing the research, building the rules/models, and creating master’s thesis level documentation intended to explain the work to produce successful AML Model Validation results and regulatory exam results.

This role requires a deep expertise in master's level statistics, an ability to explain the advanced statistics to traditional business and compliance personnel, data programming (SQL and Python preferred), clear plain English writing skills, presentation skills, and the ability to prioritize amongst competing high priorities. This roll will assist with all aspects of Consumer and AML Compliance similar to that of a federally regulated bank, including Anti Money Laundering (“AML”), Customer Identification Program (“CIP”), Consumer Compliance Testing (“CT”), and Distributor Due Diligence (“DDD”).