Wealthfront

Data Scientist, Marketing

Palo Alto, California, United States

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial Services, MarketingIndustries

Requirements

Candidates must possess a Master's or PhD degree in Computer Science, Statistics, Operations Research, or Natural Sciences, coupled with 4-8+ years of prior experience as a Data Scientist. Proficiency in Python and SQL is essential, alongside a strong foundation in practical Statistics and machine learning. The role also requires robust mathematical and software engineering skills, fluency in both long and short form oral and written communication, and the ability to refine project requirements through collaboration. A strong desire and ability to mentor junior Data Scientists is also a key requirement, with prior experience in a Marketing-facing role being preferred.

Responsibilities

The Data Scientist will model the dependence of marketing costs on various factors including channel, geography, demographics, seasonality, and macroeconomics. They will use statistical models to forecast revenue generation at different granularities and by demographic and economic factors, ensuring both accuracy and explainability in these forecasts. Responsibilities include creating reusable libraries for statistical analyses and forecasting, collaborating with the Marketing team to define initiatives and experiments for marketing efficiency, and articulating project rationale, approaches, and milestones. The role also involves translating technical information, assumptions, methodologies, and outcomes to specialists across disciplines, driving collaboration through presentations and written documentation, and translating hunches into hypotheses and numbers into recommendations to influence marketing strategy.

Skills

Data Science
Marketing Analytics
Statistical Modeling
Forecasting
Econometrics
Python
SQL
Machine Learning
Data Visualization
Communication
Mentorship

Wealthfront

Automated investment and wealth management services

About Wealthfront

Wealthfront provides financial services aimed at helping individuals grow their wealth through a digital platform. Its main offering is an automated investment platform that utilizes robo-advisors—algorithms that manage and invest client funds for long-term growth. This service is complemented by a high-yield cash account that offers a competitive 5.00% APY for short-term savings, provided through partner banks. Additionally, Wealthfront offers a diversified bond portfolio, allowing clients to earn dividends with tax advantages, and a platform for discovering and purchasing stocks to facilitate quick and strategic investment decisions. Unlike many traditional wealth management firms, Wealthfront focuses on automation and ease of use, making financial services accessible to a broader audience. The company's goal is to simplify wealth management and help clients maximize their financial potential.

Palo Alto, CaliforniaHeadquarters
2011Year Founded
$198.9MTotal Funding
SERIES_ECompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Free lunches, snacks, coffee
Receive 1:1 mentorship
Caltrain pass, an additional transportation stipend, and relocation bonuses
Monthly wellness reimbursement
Discretionary time off policy and offer 16 weeks of paid parental leave
Comprehensive medical, dental and vision coverage

Risks

Increased competition from robo-advisors and traditional institutions may erode market share.
Free wire transfers could increase operational costs without boosting revenue.
Expansion into stock trading faces competition from established platforms like Robinhood.

Differentiation

Wealthfront offers a high-yield cash account with industry-leading 5.00% APY.
The company provides a diversified bond portfolio with tax advantages and no maturity dates.
Wealthfront's automated investment platform uses award-winning algorithms for long-term wealth growth.

Upsides

Wealthfront's cash account now offers up to $8 million in FDIC insurance.
The company has reached $50 billion in client assets, indicating strong growth.
Increased demand for AI-driven financial advice aligns with Wealthfront's robo-advisor services.

Land your dream remote job 3x faster with AI