At a Glance
- Tasks: Join our Marketplace team to optimize our online auction platform and enhance user experience.
- Company: Motorway is the UK's fastest-growing used car marketplace, connecting sellers with verified dealers.
- Benefits: Enjoy stock options, a learning budget, health insurance, hybrid work, and regular social events.
- Why this job: Be part of a transformative team using data to redefine the car selling experience.
- Qualifications: Master's or Ph.D. in Data Science or related field; strong programming and analytical skills required.
- Other info: We value diversity and welcome applicants from all backgrounds.
The predicted salary is between 48000 - 84000 £ per year.
About Motorway
Motorway is the UK’s fastest-growing used car marketplace – our award-winning, online-only platform connects private car sellers with thousands of verified dealers nationwide, ensuring everyone gets the best deal. Founded in 2017, our technology-led approach has redefined the experience of selling a car, generating thousands of monthly car sales and helping us to grow to a team of more than 400 people across our London and Brighton offices.
About the Role
We’re seeking an experienced and enthusiastic Senior Data Scientist to join our newly formed Marketplace team. This team is pivotal in driving Motorway’s next stage of growth by optimising our online auction platform and ensuring a smooth and efficient experience for both car sellers and dealers. You’ll play a key role in developing and implementing innovative data-driven solutions that directly impact the core of our business. This includes leveraging data-driven insights to refine our auction mechanics, building predictive models to predict outcome propensity, and enhancing the user experience through personalisation.
To succeed in this role, you’ll need a strong background in data science, statistics, predictive modelling, and (preferably) behavioural psychology; with demonstrable experience thinking creatively to create solutions that deliver significant business value at scale. While experience in an auction/ marketplace dynamic will help, whatever your background, you should be as excited as we are about the transformative potential of using data to optimise outcomes for the entire marketplace end to end.
Requirements
- Develop, implement, and validate advanced predictive models to optimise auction dynamics, predict likelihood of auction outcomes, and improve consumer bidding strategies.
- Conduct rigorous analysis of large datasets to identify trends, patterns, and anomalies in auction dynamics, translating findings into actionable insights for product and business stakeholders.
- Collaborate cross-functionally with analysts, engineers, operations, and product stakeholders to design, implement, and test the performance of new product releases.
- Contribute to the development and implementation of solutions to incentivise positive marketplace behaviour and enhance the fairness of our auctions.
- Research and evaluate the potential of different auction formats and strategies, at the forefront of data, auction theory, and behavioural economics, to optimise auction efficiency and revenue generation potential.
- Communicate complex technical concepts and findings clearly and effectively to both technical and non-technical audiences, including senior stakeholders.
Qualifications
- Master’s degree or Ph.D. in Data Science, Computer Science, Mathematics, Physical Sciences, Economics, or a related field.
- Demonstrable expertise in data science and machine learning with a proven track record of developing and deploying machine learning models in a commercial setting.
- Strong programming skills in Python and experience with relevant statistics, machine learning, and visualisation libraries and frameworks (e.g., pandas, scikit-learn, stan, pyro, matplotlib, plotly, streamlit etc).
- Ability to identify and utilise appropriate machine learning models to fit requirements (linear/logistic regression, RFs, xgboost, NNs etc). Experience with calibrated probabilistic models is a bonus.
- Experienced in production MLOps & software engineering, including familiarity with git, CI/CD, testing and releasing.
- Proven ability to work with large datasets and cloud-based platforms (e.g., AWS, GCP).
- Self-sufficient with SQL, as well as experience with data pipelining & warehousing technologies. Experience with BigQuery and dbt is a bonus.
- Experience with econometrics, bayesian ML, causal inference, and/or auction theory is highly desirable.
- Excellent problem-solving, analytical, and critical thinking skills.
- Strong communication and collaboration skills with the ability to effectively convey technical information to diverse audiences.
Bonus Points
- Experience in the automotive or e-commerce industry.
- Familiarity with A/B testing and experimentation frameworks (frequentist, bayesian, multi-armed bandit etc).
Benefits
- Stock options – we succeed and fail together as a team, so we want you to be included in our success.
- Annual learning budget – you can choose how you like to learn and find the best learning experiences to support your progression.
- BUPA health insurance.
- Discounted dental through BUPA.
- Discounted gym membership through BUPA.
- On-Hand volunteering membership + 1 volunteering day per year.
- Hybrid working from home (approximately 1-2 days in the office a week).
- Pension scheme.
- Motorway car leasing scheme – lease a zero-emissions electric vehicle at a significant discount.
- Cycle to work scheme.
- Enhanced maternity/paternity leave.
- Regular social events.
Equal opportunities statement
We are committed to equality of opportunity for all employees. We work to provide a supportive and inclusive environment where people can maximise their full potential. We believe our workforce should reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.
We welcome applications from all individuals regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.
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Senior Data Scientist - Marketplace employer: Motorway
Contact Detail:
Motorway Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Data Scientist - Marketplace
✨Tip Number 1
Familiarize yourself with the latest trends in auction theory and marketplace dynamics. Understanding these concepts will not only help you during interviews but also demonstrate your genuine interest in the role and the industry.
✨Tip Number 2
Showcase your experience with predictive modeling and machine learning by preparing specific examples of projects you've worked on. Be ready to discuss how your solutions delivered business value, as this aligns closely with what Motorway is looking for.
✨Tip Number 3
Network with current or former employees of Motorway on platforms like LinkedIn. Engaging with them can provide you with insider insights about the company culture and expectations, which can be invaluable during the interview process.
✨Tip Number 4
Prepare to communicate complex data science concepts in a clear and concise manner. Practice explaining your past work to non-technical audiences, as this skill is crucial for collaborating with diverse teams at Motorway.
We think you need these skills to ace Senior Data Scientist - Marketplace
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in data science, predictive modeling, and any work related to auction or marketplace dynamics. Use specific examples that demonstrate your skills and achievements.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with Motorway's mission and how you can contribute to their growth through innovative data-driven solutions.
Showcase Technical Skills: Clearly outline your programming skills, particularly in Python, and mention any relevant libraries or frameworks you have experience with. Highlight your familiarity with machine learning models and cloud-based platforms.
Prepare for Technical Questions: Anticipate technical questions related to data analysis, predictive modeling, and machine learning. Be ready to discuss your previous projects and how you approached problem-solving in those scenarios.
How to prepare for a job interview at Motorway
✨Showcase Your Data Science Expertise
Be prepared to discuss your experience with data science and machine learning in detail. Highlight specific projects where you've developed and deployed models, especially in a commercial setting. Use concrete examples to demonstrate your problem-solving skills and how your work has delivered business value.
✨Understand Auction Dynamics
Familiarize yourself with auction theory and the dynamics of online marketplaces. Be ready to discuss how you would approach optimizing auction mechanics and improving bidding strategies. Showing a genuine interest in the auction process will set you apart.
✨Communicate Complex Concepts Clearly
Practice explaining technical concepts in simple terms. You may need to communicate your findings to both technical and non-technical stakeholders, so being able to convey complex ideas clearly is crucial. Prepare to give examples of how you've done this in past roles.
✨Collaborate Across Functions
Highlight your experience working cross-functionally with teams such as engineering, product, and operations. Discuss how you’ve collaborated on projects and contributed to product releases. Emphasizing your teamwork skills will show that you can thrive in Motorway's collaborative environment.