• Sr Analyst - Pricing Data Science

    Michaels (Carpenter, IA)


    Support Center - Irving

     

    The Sr Analyst - 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, discipled decision-making and enhanced profitability in the modern retail domain. To this end, this Team Member 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 Activities

    Data Mining, Model Building, Reporting

    + Work with large scale and complex traditional and non-traditional data sources to identify opportunities that enhance performance and efficiency of discounting and base pricing.

    + Demonstrate strong expertise in leveraging quantitative tools and approaches to transforming raw data into insights, such as data mining, dimension reduction, segmentation, response modeling, and designing of experiments.

    + Develop advanced algorithms to derive insights and make recommendations for optimizing business results in pricing.

    + Ensure that the data used for algorithms/Model development is reliable and robust and that it adheres to industry standards. Leading the preparation and management of complex data is essential for ensuring model integrity. Strong understanding of business-related characteristics, as well as proper handling of data anomalies and missing values are critical success factors.

    Model monitoring and reporting

    + Once models are deployed, ongoing monitoring of accuracy along with recommendations for refinement will be a key part of the job

    + In 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 decisions.

    + Partner 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 assigned

    Minimum Education

    + Bachelor’s degree in relevant quantitative field required

    Minimum Special Certifications or technical skills

    + Fluent in data fundamentals: SQL, data manipulation using a procedural language (R, Python), statistics, experimentation, and modeling

    Minimum Type of experience the job requires

    + A minimum of 1-2 years of relevant work experience in decision sciences

    + Demonstrated skill communicating complex analysis to non-experts

    + Expert-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);

    + MS in a quantitative field preferred

     

    Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

     

    At The Michaels Companies Inc, **our purpose is to fuel the joy of creativity** . As the leading creative destination in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com (http://www.michaels.com./) and Michaels.ca . The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and MakerPlace by Michaels (https://www.michaels.com/makerplace) , a dedicated handmade goods marketplace. Founded in 1973 and headquartered in Irving, Texas, **Michaels is the best place for all things creative.** For more information, please visit  www.michaels.com

     

    At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit mikbenefits.com .

     

    Michaels is an Equal Opportunity Employer. We are here for all Team Members and all** **c** **ustomers** **to create, innovate and be better together.

     

    _Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL)._

     

    EEOC Know Your Rights Poster in English (https://www.eeoc.gov/sites/default/files/2022-10/22-088\_EEOC\_KnowYourRights\_10\_20.pdf)

     

    EEOC Know Your Rights Poster in Spanish

     

    EEOC Poster Optimized for Screen Readers (https://www.eeoc.gov/sites/default/files/2022-10/EEOC\_KnowYourRights\_screen\_reader\_10\_20.pdf)

     

    Federal FMLA Poster

     

    Federal EPPAC Poster (https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf)