Acorns

Sr. Data Scientist

Remote

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

About Acorns

At Acorns, our mission is to look after the financial best interests of the up-and-coming, beginning with the empowering, proud step of micro-investing. How do we accomplish our mission? Our values.

Acorns Values

  • Lead With Heart - With compassion, integrity, and tenacity, inspire yourself and others to move past all previous thresholds of possibility
  • Make Bold Decisions - We are creating a new world. Be optimistic, adventurous, and courageous. Leap fearlessly into the future
  • Always Build Trust - Say what you mean, mean what you say, and do what you say you’re going to do. We are all owners. We are one team
  • Never Stop Growing - Change IS the constant. Stay hungry and curious. Be relentless in the pursuit of progress
  • Find a way - Never settle, no excuses, nothing is impossible. Just make it happen

Our values guide us, and our mission drives us. Come join us and help deliver financial wellness for the whole family, putting the tools of wealth-making into everyone’s hands.

Senior Data Scientist (Media Mix Modeling Focused)

Acorns is looking for a strategic and detail-oriented Senior Data Scientist with deep expertise in marketing science to help shape the way we acquire and retain customers. At Acorns, we believe solving problems with data is both an art and a science. Our Data Scientists are not only technical experts - they are also skilled collaborators and communicators. You’ll join a high-impact team focused on solving meaningful problems that directly influence both our customers’ experiences and our business outcomes.

In this role, you’ll lead the development and maintenance of Marketing Mix Models (MMM), design and analyze incrementality tests, and optimize cross-channel advertising spend to maximize ROI and drive sustainable growth. Your work will play a critical role in ensuring that every marketing dollar is invested efficiently to attract and retain our most loyal customers.

You bring a strong command of the algorithms and data techniques required to model and optimize marketing investments across various channels. Your insights will guide strategic decisions and help the business achieve its growth and return-on-investment goals.

Acorns is a remote-first organization, offering the flexibility to work remotely while providing optional access to office space in Irvine, CA.

What you will do at Acorns

  • Develop a deep understanding of Acorns’ products, data infrastructure, and how data supports our product and marketing strategies.
  • Ramp up on existing data science tools, processes, and methodologies, including Media Mix Modeling, geoholdout experiments, and incrementality testing.
  • Own and enhance our existing MMM solutions, ultimately leading the end-to-end lifecycle from model development through implementation.
  • Lead the design and execution of data science projects, including the creation of technical design documents and model packages ready for deployment.
  • Conduct rigorous data investigations to uncover insights, identify causal relationships, and inform future experimentation.
  • Evaluate and recommend appropriate modeling techniques to solve business problems effectively and efficiently.
  • Perform code reviews and support best practices across data science projects, driving continuous improvement and code quality.
  • Mentor junior team members by providing guidance, feedback, and opportunities for learning through project collaboration.
  • Stay current with advancements in data science by bringing new research, tools, and ideas to the team, and actively contribute to technical discussions.

What you will bring to Acorns

  • Bachelor’s, Master’s, or Ph.D. in Computer Science, Data Science, Engineering, Mathematics, Statistics, Physics, Operations Research, or a related field.
  • 5+ years of experience in marketing science, econometrics, or related analytical roles.
  • Hands-on experience developing and implementing Marketing Mix Models and design

Employment Type

  • FullTime

Location Type

  • Remote

Skills

Marketing Mix Modeling (MMM)
Incrementality Testing
Cross-channel Advertising Optimization
ROI Maximization
Data Analysis
Statistical Modeling
Customer Acquisition
Customer Retention
Communication
Collaboration

Acorns

Micro-investing platform for everyday users

About Acorns

Acorns simplifies investing for everyday people, particularly those new to investing or preferring a hands-off approach. Its main product is a micro-investing platform that allows users to invest spare change from everyday purchases. For instance, if a user buys a coffee for $2.50, Acorns rounds up the purchase to $3.00 and invests the $0.50 difference. This makes investing accessible for those without large sums to invest upfront. Acorns also offers retirement accounts, checking accounts, and educational resources to help users make informed financial decisions. Unlike many competitors, Acorns operates on a subscription model, charging users a monthly fee based on the level of service. The company also partners with brands to provide cashback rewards that are automatically invested into users' accounts. Acorns aims to make investing easy and accessible, helping clients grow their financial knowledge and wealth.

Irvine, CaliforniaHeadquarters
2012Year Founded
$491.2MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Healthcare
401(k)
Equity
Competitive Compensation
Flexible Paid Time Off
Learning & Development
Wellness
Flexible Work Hours
Quarterly Team Outings
Personal Development Plans
Annual Compensation Reviews
Recognition

Risks

Increased BNPL usage among Gen Z may reduce their investment capacity with Acorns.
Unpredictable IPO market could affect Acorns' public offering plans and valuation.
Privacy concerns may hinder adoption of Acorns' payment solution for kids.

Differentiation

Acorns offers micro-investing by rounding up purchases to invest spare change.
Partnerships with Vanguard and BlackRock provide Acorns users access to diversified portfolios.
Acorns collaborates with financial experts like Suze Orman for trusted financial advice.

Upsides

Acorns plans to go public, potentially increasing its market presence and resources.
The 'great wealth transfer' could expand Acorns' user base among younger investors.
Collaboration with Google Wallet targets younger audiences, enhancing long-term customer retention.

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