Director, Data Science

Carmax

Confirmed live today Trusted
Hybrid

Quick summary

Work type
Hybrid
Location
Richmond, VA
Salary
$161,500–$258,400 / yr
Employment
Full-time
Posted
135 days ago
Freshness
Confirmed live today
Nearby
99+ roles within 25 mi

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $239k
This role $210k
$147k $301k
below market most similar roles pay here above market

This role pays less than 73% of similar roles. Most pay $205,150–$273,305 — the blue band above. At the midpoint, this role pays about $210k versus about $239k for comparable roles.

Based on 240 similar postings.

Employer

About Carmax

CarMax is the largest used car retailer in the United States, offering a customer-friendly, no-haggle buying experience with a broad selection of quality used vehicles, financing, and vehicle protection plans. Industry: Automotive Retail

Carmax currently has 35 open roles on FindRole.

Listed pay typically runs $109,300–$169,500 across 16 roles with salary data.

Most-posted roles

View all roles at Carmax

At a glance

TL;DR · Director, Data Science

Role Posting Log in to save

The Director, Data Science joins the Pricing team to lead the development of optimal pricing strategies for retail, appraisals, and offsite buying. This role involves building a team of four to eight data scientists to implement strategies across hundreds of thousands of vehicles annually. Key responsibilities include developing sophisticated pricing models that autonomously value vehicles based on unique characteristics, consumer demand, and market conditions. The successful candidate will use mathematics, statistics, machine learning, and Python to create these systems while managing cross-functional efforts with Product and Technology teams. The position requires applying experiment design skills to measure business impact and maintaining a management system to ensure models respond to real-time market shifts, such as gas price spikes, to ensure accurate vehicle valuation.

Skills

Python Machine Learning Artificial Intelligence Statistics Mathematics Data Science Algorithms Analytics Optimization

What you'll do

  • Develop optimal pricing strategies to meet short-term and long-term business objectives.
  • Lead the development of sophisticated machine learning models to autonomously price vehicles.
  • Manage a team of 4-8 data scientists by setting goals and providing professional development.
  • Build and execute a management system to monitor model performance and market conditions.
  • Lead cross-functional efforts with Product, Technology, and Field teams to implement new models.
  • Design and execute experiments to measure the business impact of different pricing changes.
  • Resolve pricing system issues quickly regardless of the time of day or week.

What we're looking for

  • Applicants must be currently authorized to work in the United States on a full-time basis.
  • Four-year undergraduate degree with exceptional academic performance is required.
  • An advanced degree is a plus (preferred).
  • 7+ years of experience in strategy, analytics, and/or data science is required.
  • Proven ability to deliver business value by leveraging deep analytic skills to solve complex business problems.
  • Experience working effectively with senior management with a record of success in selling new ideas.
  • Experience managing highly analytical projects and people.
  • Proficiency in mathematics, statistics, and technology skills including machine learning and Python.

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