Manager, Data Science - Pricing Algorithms

Carmax

High trust
Hybrid

Quick summary

Work type
Hybrid
Location
Richmond, VA
Posted
88 days ago
Nearby
99+ roles within 25 mi

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Salary context

How this pay compares to similar roles

Similar $202k
$152k most similar roles pay here $249k

This listing doesn't post a salary. Most similar roles pay $164,250–$239,753.

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 11 open roles on FindRole.

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At a glance

TL;DR · Manager, Data Science - Pricing Algorithms

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Manager, Data Science - Pricing Algorithms joins the Pricing team to accurately and systematically value vehicles for purchase and sale. The role involves developing, validating, and improving predictive models by performing feature engineering on large, complex pricing datasets and incorporating new data sources. The individual will design controlled experiments to assess business value, research innovations in modeling methodologies, and communicate technical insights to senior leadership. Success requires strong logical reasoning, advanced math, computer science, and machine learning skills. The position focuses on building algorithms that reflect customer preferences while responding to changing consumer demand, wholesale auction supply, and global market conditions. This work is critical for automating decisions regarding vehicle pricing and inventory allocation across numerous locations as the business shifts toward more online transactions with less human intervention.

Skills

Machine Learning Data Science Feature Engineering Algorithms Computer Science

What you'll do

  • Develop and improve predictive models using statistical and machine learning techniques.
  • Perform feature engineering on large and complex pricing-related datasets.
  • Incorporate new data sources and insights into existing pricing algorithms.
  • Design controlled experiments to assess the business value of new models.
  • Research innovations in modeling methodologies and data science tools.
  • Present data-driven insights and recommendations to senior leadership.
  • Communicate model mechanics clearly to team members at both general and technical levels.

What we're looking for

  • Must have 4+ years of experience in strategy, analysis, data science, or a related field.
  • Must possess a four-year undergraduate degree with exceptional academic performance.
  • Advanced degrees in an analytical field such as a Master's or Ph.D. are preferred.
  • Must have solid foundational skills in math, computer science, and machine learning.
  • Must demonstrate exceptional logical reasoning and a passion for using analytics to solve problems.
  • Must be able to manage projects independently and deliver results in a timely manner.
  • Must possess the ability to explain both standard and novel modeling methods to others.
  • Must be authorized to work in the United States on a full-time basis.

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