People Matter

Senior Data Scientist, Square Banking



Data Science
San Francisco, CA, USA
Posted on Friday, April 5, 2024

Company Description

Square builds common business tools in unconventional ways so more people can start, run, and grow their businesses. When Square started, it was difficult and expensive (or just plain impossible) for some businesses to take credit cards. Square made credit card payments possible for all by turning a mobile phone into a credit card reader. Since then Square has been building an entire business toolkit of both hardware and software products including Banking, Commerce, Staff and Customers.

Today, we are a partner to sellers of all sizes – large, enterprise-scale businesses with complex operations, sellers just starting, as well as merchants who began selling with Square and have grown larger over time. As our sellers grow, so do our solutions. We’re working to find new and better ways to help businesses succeed on their own terms—and we’re looking for people like you to help shape tomorrow at Square.

Job Description

Square Loans has revolutionized the way businesses obtain the funding needed to achieve their goals. Unlike traditional business financing products, Square Loans are extended to pre-qualified sellers. If approved after a short application, sellers receive their funds as soon as the next business day, and repayment happens as a fixed percentage of daily card sales.

Within Square Banking, the Square Loans team is working to help sellers of all sizes to get funding with their most acceptable repayment structure and bring our successful US lending products to international markets. As a Data Scientist on the Square Loans team, you will partner with cross functional stakeholders like Product, Credit Policy, Engineering, and Operations to shape and execute strategies that expand credit eligibility, enhance loan gross profit, and improve cohesive banking user experience on a global scale.

You will:

  1. Be a strategic partner to influence product roadmap and guide Square Loans team to navigate through product opportunities

  2. Operate cross-functionally and build strong partnerships with PM, Engineers, Credit Policy, Finance and Strategy, etc.

  3. Design and lead A/B testings for Loans growth and Loans repayment optimization

  4. Influence stakeholders to focus on product gaps and opportunities with quantifiable business and customer impact

  5. Identify and develop a strong understanding of lending products and ideal customer profile with data exploration

  6. Design and own business metrics for measuring lending products success


You have:

  • 5+ years of Data Science or other quantitative field

  • Familiarity with product data science, understanding and tracking user behavior using analytical lenses like engagement, conversion, cohorts, segmentation and funnel analysis.

  • Experience collaborating and building relationships with cross-functional stakeholders, influencing business decisions with data.

  • Ability to lead initiatives across multiple product areas and communicate findings with leadership and product teams.

  • Advanced proficiency with data, analytics, and visualization technologies (we use SQL, Looker, and Python).

  • (Preferred) Experience in business lending, banking or payment services

Additional Information

Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $142,000 - USD $213,000
Zone B: USD $134,900 - USD $202,300
Zone C: USD $127,800 - USD $191,600
Zone D: USD $120,700 - USD $181,100

To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information.

Full-time employee benefits include the following:

  • Healthcare coverage (Medical, Vision and Dental insurance)
  • Health Savings Account and Flexible Spending Account
  • Retirement Plans including company match
  • Employee Stock Purchase Program
  • Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
  • Paid parental and caregiving leave
  • Paid time off (including 12 paid holidays)
  • Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
  • Learning and Development resources
  • Paid Life insurance, AD&D, and disability benefits

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

We’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, veteran status, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page.

Additionally, we consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

We’ve noticed a rise in recruiting impersonations across the industry, where individuals are sending fake job offer emails. Contact from any of our recruiters or employees will always come from an email address ending with,,, or,

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

While there is no specific deadline to apply for this role, on average, U.S. open roles are posted for 70 days before being filled by a successful candidate.