Data Scientist at Opendoor

Seattle, Washington, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, TechnologyIndustries

Requirements

Advanced proficiency in SQL for complex data manipulation and analysis
Strong skills in Python for data analysis and visualization
Deep understanding of statistics, A/B testing, and experimental design
Excellent communication skills with the ability to present to executive leadership
Strong business intuition and the ability to translate technical findings into business recommendations
A self-motivated individual with a desire to solve complex, open-ended problems
Bachelor's degree or higher in a quantitative field such as Statistics, Economics, Mathematics, or Computer Science
5+ years of experience in a data science, product analytics, or a similar quantitative role
3+ years of experience in e-commerce, two-sided marketplaces, or consumer-facing products preferred

Responsibilities

Develop and implement advanced analytics to drive product strategy and enhance the consumer and seller experience
Conduct deep-dive statistical analyses on large datasets to uncover user behavior insights and identify key business opportunities
Partner with product, engineering, and operations teams to identify opportunities to improve the user journey through data-driven insights
Design and execute A/B tests and other experiment types, like multi-armed bandit tests, to measure the impact of product changes and optimize the user experience
Build scalable data pipelines and reporting dashboards to deliver insights to stakeholders
Present findings and strategic recommendations to executive leadership
Contribute to the team and company knowledge base

Skills

Key technologies and capabilities for this role

SQLPythonStatisticsA/B TestingExperimental DesignData PipelinesData VisualizationStatistical Analysis

Questions & Answers

Common questions about this position

What is the salary range for this Senior Data Scientist position?

The base pay range is $130,000 - $182,600 annually, plus RSUs and bonuses. Pay within this range varies by work location and may also depend on qualifications, job-related knowledge, skills, and experience.

What is the work arrangement or location policy for this role?

The position is based in Seattle, WA with a hybrid work model requiring 4 days in office per week and 1 day remote flexibility.

What key skills are required for this Senior Data Scientist role?

Required skills include advanced proficiency in SQL, strong skills in Python for data analysis and visualization, deep understanding of statistics, A/B testing, and experimental design, plus excellent communication skills.

What is the company culture like for this data science team?

The culture is collaborative with cross-functional team integration in a fast-paced, high-growth environment offering significant learning opportunities.

What benefits are offered for this position?

Benefits include unlimited PTO, medical/dental/vision insurance, life insurance, and 401(k).

Opendoor

Technology-driven platform for buying and selling homes

About Opendoor

Opendoor simplifies the buying and selling of homes in the U.S. residential real estate market. For sellers, it offers a quick process where they can request a cash offer by providing property details. Using proprietary algorithms and market data, Opendoor generates a competitive offer, allowing sellers to avoid the traditional listing and negotiation hassles. For buyers, Opendoor provides a platform to browse homes and schedule self-guided tours, with the option to use their own agents. The company earns revenue through service fees from sellers and potential appreciation from homes it buys and resells. Opendoor's goal is to make real estate transactions more efficient and less stressful, while expanding its market presence and ensuring client safety.

San Francisco, CaliforniaHeadquarters

2014Year Founded

$2,023.2MTotal Funding

IPOCompany Stage

Data & Analytics, Real EstateIndustries

1,001-5,000Employees

Benefits

Happier workdays - Add a little fun to your workday with Pendo board game night, team karaoke, ping pong, or enjoy a local brew on our rooftop deck.

Health and wellness benefits - Generous health and wellness plans designed to meet the needs of you and your family, including medical, dental, and vision benefits.

Paid parental leave - Up to 16 weeks of paid parental leave, and a flexible schedule upon your return to help you make the most of those special moments.

Learning and development - In-house management development classes, guest speaker lunch and learns, and select conferences help keep talent sharp.

Flexible work hours and PTO - Enjoy the benefits of a flexible time off policy, flexible work hours, and paid parental leave.

Global offices - Work across the globe in the cities that we love like Raleigh, San Francisco, New York, Herzliya, Tokyo, London and Sheffield.

Risks

Increased competition from tech-driven traditional real estate firms may erode market share.

Recent layoffs could impact operational efficiency and service quality.

Strategic shifts from new executive appointments may not align with market demands.

Differentiation

Opendoor offers a seamless, quick, and transparent home buying and selling experience.

The company uses proprietary algorithms to provide competitive cash offers to sellers.

Opendoor's user-friendly platform allows self-guided home tours and online purchase completion.

Upsides

Growing consumer preference for digital transactions aligns with Opendoor's online platform.

AI-driven predictive analytics can enhance Opendoor's pricing algorithms for competitive offers.

Remote work trends expand Opendoor's market opportunities in suburban and rural areas.

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