Sr Analyst – Pricing Data Science
Company Name:-
Michaels
Job Location:-
Irving, TX
Job Summary:-
Job detailsJob TypeFull-timeFull Job DescriptionWe’re here for the makers! Come be a part of the team where innovation and teamwork come together to support the most exciting missions in the world!
The Sr Analyst – Pricing Data Science will be responsible for the development and deployment of quantitative models related to pricing, promotions, and clearance.
We firmly believe that the strategic use of deep analytics is critical to driving competitive advantage, discipled decision-making and enhanced profitability in the modern retail domain.
To this end, this Team Member will strive to deliver best-in-class decision support through adoption of modern predictive frameworks, including Machine Learning algorithms, alongside traditional analytic techniques deployed to transform data into execution-ready strategies.
Major Activities
Data Mining, Model Building, Reporting
Work with large scale and complex traditional and non-traditional data sources to identify opportunities that enhance performance and efficiency of discounting and base pricing.
Demonstrate strong expertise in leveraging quantitative tools and approaches to transforming raw data into insights, such as data mining, dimension reduction, segmentation, response modeling, and designing of experiments.
Develop advanced algorithms to derive insights and make recommendations for optimizing business results in pricing.
Ensure that the data used for algorithms/Model development is reliable and robust and that it adheres to industry standards.
Leading the preparation and management of complex data is essential for ensuring model integrity.
Strong understanding of business-related characteristics, as well as proper handling of data anomalies and missing values are critical success factors.
Model monitoring and reporting
Once models are deployed, ongoing monitoring of accuracy along with recommendations for refinement will be a key part of the job
In the beginning, monitoring will start based on accuracy of current analytics on the team
Business Insights & Cross Functional Partnerships
Partner with marketing and merchandising to set priorities, get feedback on analysis, and build buy in to change decisions.
Partner with IT and central Analytics team around best
FOR MORE DETAILS CLICK BELOW LINK
