FAQs
What is the primary purpose of the Director, Data Scientist position at Mastercard?
The primary purpose is to lead a team of data scientists in delivering production-quality AI and ML fraud models that enhance transaction safety and performance within Mastercard’s authentication and authorization networks.
What type of work does the Security Solutions Data Science team focus on?
The team focuses on creating AI and ML models for fraud detection, developing automated processes for model creation, and ensuring these models are production-ready and scalable.
What are the essential skills required for this role?
Essential skills include extensive data science experience, full lifecycle model development and evaluation, SQL proficiency, familiarity with technologies like PySpark and Hadoop, proficiency in Python and XGBoost, strong problem-solving abilities, and good communication skills.
What qualifications are preferred for this position?
A PhD or Master’s in CS, Data Science, Machine Learning, AI, or a related STEM field is preferred.
Is prior experience in payment fraud detection modeling required?
Yes, prior experience in payment fraud detection modeling is a requirement for this role.
What kind of data does the Director, Data Scientist work with?
The role involves working with multiple disparate data sources, unstructured data, and managing large datasets for analysis and modeling.
What responsibilities will the Director, Data Scientist have regarding model evaluation?
The Director will oversee the evaluation of production models based on business metrics to drive continuous improvement in fraud detection models.
Are there opportunities for continuous improvement in this role?
Yes, the role includes setting roadmaps and identifying methods to enhance the performance of existing fraud detection models.
What is the work environment like for this role?
The work environment is collaborative, involving teamwork with data scientists and engineers on innovative AI and ML solutions for fraud detection.
What support does Mastercard provide for professional development?
While specific professional development programs are not detailed in the job description, Mastercard emphasizes a culture of inclusion and innovation, which typically includes opportunities for growth and learning.