8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia,
23238
CarMax, the way your career should be!
About The Team
The primary responsibility for the Pricing team is to accurately and
systematically value each individual car that we buy and sell. Last year, CarMax
sold over 1 million vehicles and appraised over 2 million vehicles, and Pricing
directed over $20B in spend to purchase inventory. To properly value these
vehicles, our data scientists and analysts must develop algorithms and processes
that best reflect customer preferences for each vehicle’s unique characteristics
and that effectively respond to constantly changing consumer demand, wholesale
auction supply, and other global/local market conditions.
Our team tackles complex problems while striving to be a great representation of
CarMax’s 4 core values:
Do the Right Thing: We prioritize maintaining the culture of integrity which has
set CarMax apart in the used car industry, and promote a respectful and
inclusive environment at work
Put People First: We’re focused on nurturing associate development and on
maintaining a healthy work culture, while also making sure our customers are
offered a great experience
Win Together: Teamwork is essential to what we do; we regularly learn from each
other and draw on each other’s expertise and perspectives
Go for Greatness: We continually improve our abilities and the products that we
support, to reinforce CarMax’s position as an industry leader
About The Role
CarMax relies on algorithms to help provide our teams with actionable insights
that guide decisions about which cars to buy, how to price them, and how to
allocate inventory across our 200+ stores. Doing so ensures that we have the
right cars at the right prices to meet our customers’ needs. As we continue to
innovate our customer experience and focus on the buying and selling experience
our customers want, we increasingly need to make these decisions quickly at
scale. Our team of data scientists and analysts plays a critical role in
unlocking the business value from these innovations.
As a Senior Manager of Pricing Analytics, you will work with data scientists and
analysts on the Supply Chain Strategy team and with business
partners/stakeholders to make key recommendations and drive improvements to
ensure our pricing and buying decisions are optimized to support sales growth.
What You Will Do – Essential Responsibilities
* Create and actively promote an environment of associate development across
the Pricing team, while also driving team engagement
* Partner with business leaders to drive execution by leveraging your team to
identify KPIs, set measurable goals, and create management systems to deliver
results
* Ensure that the model is tuned to current market conditions by identifying
times when immediate strategy changes are needed (ex: gas prices spiking)
* Build and execute a management system to ensure that the model is
delivering intended values (alert system, regular review meetings…)
* Quickly respond to and resolve pricing system issues regardless of time of
day/week
* Lead data scientists on the team in leveraging models to drive tangible
business value
* Influence strategic direction of company by providing analytical evaluation
and strategic thoughtfulness to key problems and by working to gain buy-in
across entire organization
* Present insights and recommendations to key stakeholders to achieve consensus
for change
Qualifications and Requirements
Ability to consistently deliver at a high level on the responsibilities listed
above. Requirements listed below are representative of the knowledge and skills
required:
* 6+ years’ experience in an analytical or strategic role
* Four-year undergraduate degree with strong academic performance (MBA or
Masters in an analytical field is a plus)
* Analytic mindset, with experience conducting large scale data analysis to
support conclusions (preferably with SQL or Python experience)
* Ability, willingness, and enthusiasm to manage a team of passionate data
scientists and analysts who are regularly shaping strategy at a big-picture
and a detailed level
* Ability to communicate complex topics to influence executive thinking and
improve execution and innovation
Work Location and Arrangement: This role will be based out of the CarMax Home
Office - West Creek (Richmond, VA) and will be on-site 4 days a week.
Work Authorization: Applicants must be currently authorized to work in the
United States on a full-time basis. Sponsorship will not be considered for this
specific role.
About CarMax
CarMax disrupted the auto industry by delivering the honest, transparent and
high-integrity experience customers want and deserve. This innovative
thinking around the way cars are bought and sold has helped us become the
nation’s largest retailer of used cars, with over 200 locations nationwide.
Our amazing team of more than 25,000 associates work together to deliver iconic
customer experiences. Along the way, we help every associate grow their career
and achieve their best, at work and in their community. We are recognized for
our commitment to training and diversity and are one of the FORTUNE 100 Best
Companies to Work For®.
Our Commitment to Diversity and Inclusion:
CarMax is committed to bringing together people from different backgrounds and
perspectives, providing employees with a safe, welcoming, and inclusive work
environment.
CarMax is an equal opportunity employer, and all qualified candidates will
receive consideration for employment without regard to age, race, color,
religion, sex, sexual orientation, gender identity, gender expression, genetic
information, national origin, protected veteran status, disability status, and
any other characteristics protected by law.
The annual salary for this position is:
$116,400.00 - $186,200.00
May be eligible for bonus and equity.
Benefits:
Except as otherwise required by state law, CarMax Associates are entitled to the
following paid sick, vacation, and holiday time.
Associates that are considered full-time hourly or commission/incentive
eligible:
* To earn up to 48 hours of sick time per year accrued on a per pay period
basis and between 80 hours and 200 hours per year of vacation time after a 90
day waiting period depending on years of continuous service with the
Company.
* For 8 hours of pay for each of a total of 6 paid scheduled holidays per year
plus 1 floating holiday. If such an Associate does work on a scheduled
holiday due to business need, they are eligible for Holiday Premium Pay.
Associates considered full-time salaried are entitled to paid time away with no
specified limit as needed for sick, vacation, bereavement, jury duty, holidays,
floating holiday, etc. subject to manager approval.
For more details about benefits, please visit our CarMax Benefits
[http://apps.bswift.com/portal/carmax] website.
Upon an applicant's request, CarMax will consider reasonable accommodation to
complete the CarMax Job Application.