Data Scientist, Opendoor
+ Equity
4 days a week in office
End-to-end online platform for selling and buying homes
Be an early applicant
End-to-end online platform for selling and buying homes
1001+ employees
Be an early applicant
+ Equity
4 days a week in office
1001+ employees
Company mission
To power life's progress one move at a time.
Role
Who you are
- 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 data science, product analytics, or a similar quantitative role
- 3+ years of experience in e-commerce, two-sided marketplaces, or consumer-facing products preferred
What the job involves
- We are seeking an exceptional Senior Data Scientist to join our centralized Data organization
- In this role, you will be embedded within our consumer and seller experience groups, working closely with cross-functional partners across product, engineering, design, and leadership
- You will leverage data to generate deep insights that drive product strategy and create a world-class experience for our users
- You'll work with terabytes of data to understand user behavior and directly impact customer satisfaction and business growth
- 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
Our take
Opendoor makes selling homes easy and stress-free by cutting out the prolonged processing time usually involved with a sale. Sellers can offload a house quickly and easily to the company for cash and a 6-9% fee. Currently operating in a growing number of markets nationwide, Opendoor has chimed well with millennials who gel quickly with online businesses that offer solutions to problems they encounter.
This buying and selling model doesn't come without risk. The longer Opendoor keeps a property, the lower its profit margin. However, Opendoor's performance has been anything but disappointing; it went public in 2021, with its pre-SPAC merger presentation calling for $3.5 billion in revenue. Its actual revenue trounced it, coming in at $8 billion - more than double its estimate.
Opendoor's largest competitor, Zillow, dropped out of the space in late 2021 because it struggled to price the homes it acquired accurately. Opendoor's closest remaining competitor is Offerpad, which does just a fraction of the transaction volume that Opendoor does. With strong earnings coming out of 2024, OpenDoor is looking at transforming its operations in 2026, with new management, a volume-driven strategy and an acquisition spree expected. If Opendoor can continue to ride on its long-term success, it will have an enormous lead on existing and future competitors, positioning it to securely become the overwhelming market leader.
Steph
Company Specialist at Welcome to the Jungle
Insights
-19% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Mar 2019
$300m
SERIES F
Sep 2018
$400m
SERIES F
Total funding: $1.5bn
Company benefits
- Save for tomorrow: Select our Pre-tax or Roth 401k plans to save towards retirement
- Healthy healthcare: Medical, dental and vision is 100% covered for employees
- Family planning: We offer specialty programs like Carrot, Cleo & Ginger
- Flexible vacation: Most of our team take at least 20 days off per year to decompress and be their best
- Resource groups: Join the group that works for you
- Income protection: 100% company sponsored: life insurance short term and long term disability
- Other: Flexible spending account, commuter benefit, employee assistance programs, and paid parental leave
Company HQ
Financial District, San Francisco, CA
Leadership
Kaz Nejatian
(CEO)Previously COO and VP of Product at Shopify, Lead Product Manager at Facebook and CEO & Co-Founder at Kash.
Salary benchmarks
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