Manager, Data Science - Pricing Algorithms

CarMax
Richmond
Workplace: HybridFull timeUSD 120,400 - 192,600 annuallyFunction: Data Science & Machine LearningExperience: 4+ yearsEducation: bachelorsSkills: ["Logical reasoning","Problem-solving","Influence","Relationship building","Communication"]

Lead the Pricing team’s data science efforts to accurately value cars for buying, selling, and inventory allocation. Develop and improve machine learning and statistical models using large, complex pricing datasets, incorporating new data sources and running controlled experiments to validate business impact. Communicate model insights and recommendations to senior leaders and influence the team’s modeling roadmap while developing as a technical leader and people manager.

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CarMax
CarMax
2 days ago

Manager, Data Science - Pricing Algorithms

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Source: Company careers pageValidated by: Fursa AI
Last checked: 1 hour agoStatus: Live
Reposted: similar role first listed 2 months ago

Job Summary

Lead the Pricing team’s data science efforts to accurately value cars for buying, selling, and inventory allocation. Develop and improve machine learning and statistical models using large, complex pricing datasets, incorporating new data sources and running controlled experiments to validate business impact. Communicate model insights and recommendations to senior leaders and influence the team’s modeling roadmap while developing as a technical leader and people manager.
Location: Richmond
Workplace: Hybrid
Employment Type: Full time
Job Function: Data Science & Machine Learning
Seniority: Manager level

Key Responsibilities

  • •Develop and improve predictive pricing models by analyzing and validating complex pricing data and feature engineering.
  • •Incorporate new insights and data sources into modeling approaches to improve performance.
  • •Apply statistical and machine learning techniques to develop, validate, and improve predictive models.
  • •Design controlled experiments to measure business value of new models.
  • •Present model insights and recommendations to senior leaders, and communicate how models work to the team at multiple levels.

Pay and Benefits

Salary: USD 120,400 - 192,600 annually
Perks:Paid SickPaid LeavePaid Holidays

Key Requirements

  • •4+ years of experience in strategy, analysis, data science, or a related field.
  • •Strong modeling skills, including the ability to analyze, validate, and apply feature engineering to large pricing datasets.
  • •Solid foundational math, computer science, and machine learning skills.
  • •A four-year undergraduate degree with exceptional academic performance; a Masters or Ph.D. in an analytical field is a plus.
  • •Ability to influence results by managing projects, building relationships, and explaining standard or novel modeling methods.
Experience:4+ years
Education:Bachelor's
Skills:Logical reasoningProblem-solvingInfluenceRelationship buildingCommunication
Tech Stack:Machine learningFeature engineeringStatistical modelingPredictive modeling

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

CarMax
Operates the largest used-car retail chain in the United States, selling and financing pre-owned vehicles through a no-haggle customer experience. Also offers vehicle buying, appraisal, service, and related automotive solutions.
Industry: Automotive
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Richmond, United States
Founded: 1993
WebsiteLinkedIn