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Manager - Pricing Data Science

Company: Michaels
Location: Irving
Posted on: January 13, 2022

Job Description:

Support Center - Irving We'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! Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together. To review a comprehensive list of benefits, please visit Michaels Benefits CT and CO only -To review pay ranges for the position you are applying for, please visit Michaels Pay Ranges - CO & CT onlyThe Manager - 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, disciplined decision-making, and enhanced profitability in the modern retail domain. To this end, you 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 ActivitiesData Mining, Model Building, ReportingWork with large scale and complex traditional and non-traditional data sources to identify opportunities that enhance performance and efficiency of discounting and base pricingDemonstrate SME-level expertise in leveraging quantitative tools and approaches to transforming raw data into go-forward strategy, recommendations, such as data mining, dimension reduction, segmentation, response modeling, and designing of experimentsDevelop advanced algorithms to derive insights and make recommendations for optimizing business results in pricing; successfully be able to defend the team's methodological approach to answering complex business problemsEnsure that the data used for algorithms/Model development is reliable and robust and that it adheres to industry standardsLead the preparation and management of complex data is essential for ensuring model integrity Model monitoring and reporting-- -Once models are deployed, ongoing monitoring of accuracy along with recommendations for refinement will be a key part of the jobIn 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 decisionsPartner with IT and central Analytics team around best practices, data storage, analytical tools, and other topics needed to drive progress on the team Other duties as assignedMinimum Education-- --- - -- -Bachelor's degree in relevant quantitative field required Minimum Special Certifications or technical skills-- --- - -- -Fluent in data fundamentals: Python, SQL, data manipulation using a procedural language, statistics, experimentation, and modelingPower BI experience a plusProven track record of using data to provide actionable business results Minimum Type of experience the job requires-- --- - -- -A minimum of 2-5 years of relevant work experience in decision sciences for a consumer centric companyProven experience partnering with business decision makers on advanced analytics topicsExpert-level experience with a wide range of quantitative methods that can be applied to business problems. This includes knowledge of modeling techniques and statistical concepts Preferred Education-- --- - -- -Advanced degree preferred in analytical field (e.g. Statistics, Economics, Applied Math, Operations Research, Physics, Data Science fields);PhD or MS in a quantitative field preferredApplicants in the U.S. and Canada must satisfy federal, state, provincial and local legal requirements of the job.

Keywords: Michaels, Irving , Manager - Pricing Data Science, Executive , Irving, Texas

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