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, annual learning budget, health insurance, hybrid work, and more perks.
- 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 are committed to creating an inclusive workplace for all.
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.
Responsibilities
- 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 Online Ltd
Contact Detail:
Motorway Online Ltd 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 in interviews but also demonstrate your genuine interest in the role and the company.
✨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 contributions led to measurable business outcomes, as this aligns 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 effective communication is key in this role at Motorway.
We think you need these skills to ace Senior Data Scientist - Marketplace
Some tips for your application 🫡
Tailor Your CV: Make sure to customize your CV to highlight your experience in data science, predictive modeling, and any relevant projects that demonstrate your ability to optimize auction dynamics. Use keywords from the job description to align your skills with what Motorway is looking for.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background in data science and your problem-solving skills can contribute to Motorway's growth. Mention specific experiences that relate to auction mechanics or marketplace dynamics.
Showcase Technical Skills: Clearly outline your programming skills, especially in Python, and your experience with machine learning libraries. Provide examples of how you've used these skills in previous roles to drive business value, particularly in a commercial setting.
Prepare for Technical Questions: Be ready to discuss your technical expertise in detail during interviews. Prepare to explain complex concepts in a way that is understandable to non-technical stakeholders, as this is crucial for the role at Motorway.
How to prepare for a job interview at Motorway Online Ltd
✨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 predictive models, and be ready to explain the impact of your work on business outcomes.
✨Demonstrate Problem-Solving Skills
Expect to face technical questions that assess your analytical and critical thinking abilities. Use examples from your past experiences to illustrate how you approached complex problems and the solutions you implemented.
✨Communicate Clearly
Since you'll need to convey complex technical concepts to both technical and non-technical audiences, practice explaining your work in simple terms. This will show your ability to collaborate effectively across teams.
✨Familiarize Yourself with Auction Dynamics
Research auction theory and marketplace dynamics, as these are crucial for the role. Be ready to discuss how data can optimize auction efficiency and enhance user experience, demonstrating your understanding of the industry.