Junior Data Scientist, Transak
Risk & Fraud
Accessibility for decentralised applications
Job no longer available
Accessibility for decentralised applications
101-200 employees
Job no longer available
101-200 employees
Company mission
To drive the transition to a decentralised web by making it as seamless as possible for everyone to access and engage with blockchain technologies.
Role
Who you are
- Bachelor's or advanced degree in STEM field from a top-tier university
- Strong proficiency in programming languages such as Python and JavaScript, along with experience using libraries and frameworks for data manipulation, analysis, and machine learning (e.g., pandas, scikit-learn, TensorFlow)
- Solid understanding of statistical methods, hypothesis testing, and experimental design, with the ability to apply these concepts to real-world problems
- Familiarity with blockchain technology, cryptocurrency protocols, and the unique challenges associated with fraud and risk in the crypto space
- Excellent analytical and problem-solving skills, with a keen attention to detail and the ability to think critically and creatively
- Strong communication skills, with the ability to convey complex technical concepts to both technical and non-technical stakeholders
- Proven ability to work effectively in a fast-paced, self-structured, and dynamic environment with tight deadlines and evolving priorities
What the job involves
- We are seeking a skilled and motivated Junior Data Scientist to join our Risk and Fraud team at Transak
- As a Data Scientist focused on Risk and Fraud, you will play a crucial role in safeguarding our platform against fraudulent activities and mitigating potential risks associated with cryptocurrency transactions
- You will also work closely with our Product and Compliance teams to gather data on how our Risk & Compliance data stack is performing, ensuring Transak’s product and systems continues to adapt successfully to an ever evolving regulatory climate
- Analyse large volumes of transactional and user data to identify patterns, trends, and anomalies indicative of fraudulent behaviour. Use this analysis to suggest possible countermeasures to emerging fraudulent typologies
- Conduct ongoing monitoring and evaluation of risk factors, adjusting models and strategies as necessary to adapt to evolving threats and regulatory requirements
- Collaborate with cross-functional teams including Engineering, Product Management, and Compliance to integrate risk mitigation strategies into our platform's infrastructure and processes
- Design and maintain data pipelines for efficient data collection, processing, and analysis, ensuring data accuracy and integrity throughout the process
- Communicate findings and insights to key stakeholders through clear and concise reports, presentations, and dashboards
- Fulfil ad-hoc data requests from Risk and Compliance teams
- Stay informed about emerging trends, technologies, and best practices in risk management and fraud detection within the cryptocurrency industry
Our take
Transak, founded with the mission to streamline the complex process of connecting data and funds to users' blockchain wallets, is on a journey to simplify the future of finance. Presently, this process involves intricate account creation, complex form-filling, document submission, and monetary deposits.
Transak's vision revolves around blockchain wallets becoming a central element in the financial landscape, potentially serving as a universal sign-on gateway. This perspective aligns with the remarkable growth of the global blockchain technology market, projected to witness a staggering compound annual growth rate of 82.4% from 2021 to 2028.
As it looks ahead, Transak is committed to sustaining its rapid expansion, bolstered by 2023 funding. This infusion of capital will be deployed to bolster global coverage and fortify the development of its onboarding solution. In 2024, it released Transak Stream which simplifies the cryptocurrency conversion process. Product releases like this show how Transak is playing a pivotal role in the intersection of decentralised and centralised finance.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-27% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Aug 2025
$16m
LATE VC
May 2023
$20m
SERIES A
Total funding: $39.3m
Company benefits
- Work/life balance: Non-linear workdays are encouraged at Transak. We support our team members to take ownership of their time and schedule in a way that keeps them balanced in life and able to have the impact they want at work
- Team environment: Transak operates on a hybrid work model, with team members across the world. We have a culture of trust and autonomy, with a focus on communication and collaboration
- Career development: At Transak, we believe that learning is a lifelong pursuit. We provide opportunities for our team members to learn and grow, with a focus on personal and professional development
- Health & Wellness Benefits: At transak, your wellbeing is our priority. Enjoy a comprehensive healthcare package, regular wellness programs, mental health support, flexible working hours, and work-from-home options
Company HQ
London, UK
Leadership
Sami Start
(CEO & Co-Founder)Having studied at Imperial, Sami worked as a Developer for Optiver and a Software Engineer at Smarkets, before undergoing two cohorts at Entrepreneur First. They used this opportunity to co-found Transak in February 2019 and serve as CEO.
Yeshu Agarwal
(CTO & Co-Founder)Co-Founded both Hackers Home in 2010 and Hire Boss in 2015, in India. Went onto found Capitally, a personal finance app, in 2016 and then Coinally.io which was acquired by LCX whereby they continued to serve as CTO.
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