As a senior data scientist on CarMax’s Pricing team, you will develop and enhance predictive models that drive the valuation of vehicles across millions of appraisals and sales. Your day-to-day involves interpreting large datasets, applying advanced statistical techniques to create accurate pricing models, and collaborating with analysts to ensure effective deployment. You will also conduct experiments to evaluate model performance and communicate findings to senior leadership. Ideal candidates have a strong background in quantitative fields, at least two years of relevant experience, and proficiency in Python/SQL for data analysis. The role requires expertise in various modeling techniques, including supervised and unsupervised learning, as well as the ability to manage projects from start to finish within the machine learning pipeline. This position is crucial for CarMax’s mission to accurately value vehicles amidst dynamic market conditions, impacting over $20 billion in annual spend.
Develop new predictive models and enhance existing ones using statistical techniques.
Interpret large datasets to validate and apply feature engineering effectively.
Design experiments to evaluate the business impact of model improvements.
Communicate complex modeling concepts clearly to team members at all levels.
Research and implement innovative data science methodologies and tools.
Influence strategic planning for the team’s modeling capabilities development.
What we're looking for
At least 2 years of relevant work experience in quantitative fields or advanced study
Develop and improve predictive models using statistical and machine learning techniques
Conduct controlled experiments to evaluate model effectiveness and present findings to senior leaders
Research data science innovations and best practices, influencing strategic roadmap development
Strong proficiency in Python/SQL programming for data manipulation and analysis
Market check
Salary context
This listing doesn't show a salary. Similar roles on FindRole typically pay
$99,000–$190,000.
Peer median band
$99,000–$190,000
Median floor and ceiling across peers.
Typical midpoint (25–75%)
$126,800–$176,168
Middle half of comparable postings.
Based on 240 comparable postings.*
* 240 is the maximum number of comparable postings sampled.
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