At a Glance
- Tasks: Analyse complex financial datasets and build predictive models to drive commercial strategy.
- Company: Join Farfetch, a leading global luxury fashion marketplace with a vibrant culture.
- Benefits: Enjoy health insurance, flexible working, extra days off, and access to training resources.
- Why this job: Make a real impact in finance while working with cutting-edge data science techniques.
- Qualifications: 2-3 years experience in data science or quantitative analysis, strong statistical skills required.
- Other info: Collaborative environment with excellent career growth opportunities and a commitment to diversity.
The predicted salary is between 36000 - 60000 £ per year.
Farfetch is a leading global marketplace for the luxury fashion industry. The Farfetch Marketplace connects customers in over 190 countries and territories with items from more than 50 countries and over 1,400 of the world's best brands, boutiques, and department stores, delivering a truly unique shopping experience and access to the most extensive selection of luxury on a global marketplace.
We're a diverse team who partners and supports the business to enable delivery against our strategic and financial goals. All of our functions have an instrumental role within Farfetch to drive forward a financially sustainable business, ensuring we set the guardrails for financial control and enable financial performance.
As a Data Scientist embedded within the Commercial Finance structure, you will be a critical, hands-on partner responsible for structuring, analyzing, and deriving strategic insights from complex financial datasets. You will utilize advanced statistical modeling and machine learning to build predictive and analytical products that directly inform commercial strategy, forecasting, and financial performance across the business. This is an exciting opportunity for an experienced professional with a strong quantitative background to drive significant financial impact.
WHAT YOU'LL DO
- Financial Modeling & Analysis: Apply sophisticated statistical methods, time series analysis, and machine learning techniques to model financial performance, optimize pricing, analyze budget variances, and forecast key financial metrics. Extract, clean, and transform complex, high-volume financial and operational datasets to identify trends and actionable opportunities.
- Experimentation & Impact: Design and rigorously execute A/B tests and causal inference studies to measure the financial impact of changes in pricing, marketing investments, and operational efficiencies. Translate experimental results into clear, monetizable recommendations for the Commercial Finance and Operations teams.
- Data Structuring & Pipeline Collaboration: Serve as the primary liaison between Commercial Finance and Data Engineering to define, develop, and optimize robust data structures and pipelines specific to financial reporting and analysis needs. Ensure data quality, integrity, and scalability for all analytical and reporting needs.
- Stakeholder Engagement & Communication: Proactively partner with Senior Finance Managers, Budget Owners, and Commercial Leaders to understand complex business requirements, define analytical problems, and present data-driven solutions that influence strategic financial decisions.
- Reporting & Visualization: Develop and maintain dynamic dashboards, reports, and visualizations focused on tracking critical financial and commercial KPIs. Ensure insights are communicated clearly and concisely to both technical and non-technical finance stakeholders.
- Model Deployment: Collaborate with Engineering teams to operationalize and deploy financial and predictive models into production systems, ensuring accuracy, performance, and monitoring.
WHO YOU ARE
- 2-3 years of professional experience in a Data Scientist, Quantitative Analyst, or similar role, preferably within a Finance, Fintech, or Commercial environment.
- Bachelor's or Master's degree in a highly quantitative field such as Statistics, Mathematics, Engineering, Financial Economics, or a related discipline.
- Quantitative Foundation: Strong theoretical and practical foundation in statistical inference, econometrics, hypothesis testing, regression analysis, and machine learning principles.
- Domain Expertise: Demonstrated understanding of core financial concepts, reporting (P&L, balance sheet), forecasting processes, and commercial metrics.
- Technical Proficiency: Expert proficiency in programming languages and tools essential for data science: Python (Pandas, NumPy, Scikit-learn) and SQL.
- Forecasting Skills: Proven experience with advanced forecasting techniques, including time-series modeling (ARIMA, Prophet, etc.) and predictive machine learning models.
- Exceptional ability to translate complex analytical findings into clear, concise, and persuasive business narratives for executive-level finance and commercial audiences.
- Experience with GCP and Databricks is a plus.
- Familiarity with data visualization tools such as Looker, Looker Studio.
- Experience working with large-scale, complex transactional and financial data will be highly valued.
- A collaborative and proactive team player with a high degree of organizational skill and attention to detail.
REWARDS & BENEFITS
- Health insurance for the whole family, flexible working environment and well-being support and tools.
- Extra days off, sabbatical program and days for you to give back for the community.
- Training opportunities and free access to Udemy.
- Flexible benefits program.
EQUAL OPPORTUNITIES STATEMENT
FARFETCH is committed to being an inclusive workplace where diversity in all its forms is celebrated. We make employment decisions without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law, physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other classification protected by applicable federal, state or local laws or ordinances. If you require special accommodation, please let us know.
Data Scientist, Commercial Finance in London employer: Farfetch
Contact Detail:
Farfetch Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Scientist, Commercial Finance in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Farfetch on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss your experience with Python, SQL, and any machine learning techniques you've used. Practice explaining complex concepts in simple terms!
✨Tip Number 3
Show off your analytical prowess! Bring examples of your past work, like dashboards or models you've built, to the interview. This will help you demonstrate your ability to turn data into actionable insights.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining the Farfetch team.
We think you need these skills to ace Data Scientist, Commercial Finance in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Data Scientist role in Commercial Finance. Highlight relevant experience and skills that match the job description, especially your quantitative background and technical proficiency.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your experience aligns with Farfetch's goals. Be sure to mention any specific projects or achievements that demonstrate your expertise.
Showcase Your Technical Skills: Since this role requires strong technical skills, don’t shy away from showcasing your proficiency in Python, SQL, and any data visualization tools you’ve used. Include examples of how you've applied these skills in previous roles.
Apply Through Our Website: We encourage you to apply through our official website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Farfetch!
How to prepare for a job interview at Farfetch
✨Know Your Numbers
As a Data Scientist in Commercial Finance, you’ll need to be comfortable with financial metrics. Brush up on key concepts like P&L statements and balance sheets. Be ready to discuss how your analytical skills can directly impact financial performance.
✨Showcase Your Technical Skills
Make sure you’re prepared to demonstrate your proficiency in Python and SQL. Bring examples of past projects where you’ve used statistical modelling or machine learning techniques. This will show that you can handle the technical demands of the role.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to financial data analysis. Practice articulating your thought process clearly, as this will help interviewers see how you approach complex analytical challenges.
✨Communicate Clearly
You’ll need to translate complex data insights into actionable recommendations. Practice explaining your findings in simple terms, as you’ll be presenting to both technical and non-technical stakeholders. Clear communication is key!