As a Senior Data Scientist at CarMax's Pricing team, you will develop sophisticated pricing algorithms to value the over 1 million vehicles sold annually by leveraging advanced analytics and machine learning techniques. Your daily tasks include creating optimal pricing strategies that align with both short-term and long-term business goals, leading a team of 4-7 data scientists in implementing these strategies across hundreds of thousands of vehicles, and building AI-driven software to autonomously price each vehicle optimally. You will use Python, machine learning frameworks, and strong statistical skills to develop models that respond to market conditions such as consumer demand and wholesale auction supply. Additionally, you will manage a system to ensure continuous model tuning and rapid resolution of pricing issues, requiring expertise in mathematics, computer science, and leadership to drive cross-functional collaboration and deliver significant business value.
Skills
Python
Machine Learning
Statistics
Mathematics
Data Science
Computer Science
Tuning Models
Management System
Cross Functional Collaboration
Experiment Design
Alert Systems
Regular Review Meetings
What you'll do
Develop optimal pricing strategies to meet short and long-term business objectives.
Lead the creation of autonomous AI models for vehicle valuation.
Build and manage a team of data scientists to implement pricing strategies.
Continuously improve pricing strategies to deliver incremental value annually.
Ensure model accuracy by tuning it to current market conditions regularly.
What we're looking for
4+ years experience in strategy, analytics, or data science
Strong mathematical, modeling, and reasoning skills for building pricing models
Proficiency in computer programming to develop AI solutions
Leadership abilities to manage a team of data scientists effectively
Exceptional communication skills for cross-functional collaboration
Ability to deliver significant business value through complex problem-solving
Undergraduate degree in quantitative fields; advanced degree preferred
Market check
Salary context
This listing doesn't show a salary. Similar roles on FindRole typically pay
$110,000–$220,000.
Peer median band
$110,000–$220,000
Median floor and ceiling across peers.
Typical midpoint (25–75%)
$135,000–$211,200
Middle half of comparable postings.
Based on 239 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
SQL
Python
Data Analysis
KPI Identification
Model Tuning
Management Systems
Alert Systems
Regular Review Meetings
Pricing System Issues Resolution
Data Science Leadership
Strategic Direction Influence
Complex Topic Communication
Executive Thinking Improvement
Innovation Execution Enhancement