Director of Business Intelligence, Rent the Runway
$185-230k
Eligible for equity compensation
4 days a week in office
Women's clothing subscription service
Job no longer available
Women's clothing subscription service
1001+ employees
Job no longer available
$185-230k
Eligible for equity compensation
4 days a week in office
1001+ employees
Company mission
Rent the Runway's mission is to power women to feel their best every day.
Role
Who you are
- Bachelor’s degree in Computer Science, Mathematics, Statistics, Economics, Technology, Business, or a related field; advanced degrees or specializations are a plus
- 8+ years in business intelligence, data analytics, or a related field, with at least 3+ years in a leadership or senior management role
- Experienced outside of just data analytics in disciplines such as product, marketing, finance, or operations making practical and business decisions influenced by analysis
- Experienced with pricing strategies and modeling
- Advanced SQL skills and a strong grasp of relational databases, with extensive experience using BI platforms such as Looker or Tableau
- Hands-on experience with data transformation tools such as dbt, and familiarity with data modeling techniques, including dimensional modeling
- Solid eCommerce and operational data understanding, with experience translating complex analyses into actionable business recommendations
- Exceptional communicator able to engage, influence, and build relationships with stakeholders at all levels
- A deep passion for data, a keen analytical mindset, and a relentless curiosity to solve complex business problems with data
What the job involves
- We seek an experienced and strategic Director of Business Intelligence to elevate our data analytics and reporting functions
- In this role, you will work closely with senior leadership and department heads to shape and execute a forward-looking BI strategy that aligns with business priorities
- You will drive the evolution of our core data infrastructure, self-service reporting ecosystem (currently utilizing Looker), and our analytical approach, ensuring the business has timely, actionable insights to make data-driven decisions
- You’ll collaborate closely with data science to integrate predictive analytics and insights into BI tools, supporting a data culture combining self-service autonomy with standardized, trustworthy reporting sources
- As a seasoned leader, you will guide a team of analysts, foster a high-performance, collaborative culture, and play a pivotal role in determining the future of data-driven decision-making across the company
- Data is integral to our rapidly expanding business and has been woven into our company’s DNA since its inception
- As the Director of Business Intelligence, you will lead the team that empowers stakeholders with critical data insights and drives data-informed decisions across the organization
- This role involves overseeing the development and maintenance of our core data model, establishing performance metrics, delivering robust reporting solutions, and advancing our self-service analytics capabilities
- As a senior leader within Product organization, the Business Intelligence team collaborates closely with Engineering, Marketing, Inventory, Operations and Finance teams to support strategic goals and accelerate growth through data
- Develop and Execute BI Strategy: Lead the formulation of a comprehensive business intelligence strategy that aligns with company objectives, balancing self-service reporting capabilities with core reporting infrastructure
- Lead Data Infrastructure and Reporting Evolution: Oversee the development of scalable data pipelines and reusable datasets to support reporting and advanced analytics. Drive improvements in our BI tools and systems
- Collaborate Cross-Functionally: Partner with senior leaders in Product, Engineering, Operations, and Marketing to ensure data collection and analysis are optimized to support key business initiatives
- Advanced predictive and Prescriptive Analytics: Integrate predictive models from data science into BI reporting and dashboards, turning complex data into actionable insights for business teams
- Drive KPI and OKR Frameworks: Define and monitor Objectives, key Results (OKRs), and other Key Performance Indicators (KPIs) to measure success, diagnose progress, and inform executive decision-making
- Lead and Mentor the BI Team: Build and mentor a high-performing team of analysts, fostering development, accountability, and a data-driven culture
- Manage BI Roadmap and Initiatives: Prioritize and manage the BI roadmap, collaborating with organizational stakeholders to ensure alignment with strategic priorities and timelines
Our take
Rent the Runway seeks to profit from two important trends in apparel consumption: wanting to stay on top of the latest fashion trends while living and purchasing sustainably. By providing a platform for women to rent designer pieces, its users can have it all.
The company allows users to rent, subscribe, or buy designer apparel and accessories. It achieves this with its network of partnerships with hundreds of top designers and managing the crucial but complicated logistics in-house. It offers its partnered brands sophisticated analytics about potential customers in return for lower prices on designer garments.
Rent the Runway is now focused on diversifying revenue streams while reducing its costs. Its recent partnership with Amazon is an example of this new direction: while it will use this channel to sell clothes previously rented through its platform, it will, for the first time, be selling new clothes based on rental items modified in line with market data.
While moves such as this may well shift Rent the Runway towards profitability, it also risks undercutting the company's central message of sustainability and supporting the circular economy. The company believes that by creating better quality clothing, it will nonetheless be aiding in the fight against fast fashion. Time will tell if this move helps or hinders the sustainability movement, but it is likely to boost Rent the Runway's bottom line regardless.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Apr 2020
$80m
SERIES G
Mar 2019
$125m
SERIES F
Total funding: $401.2m
Company benefits
- Generous Paid Time Off including annual leave, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
- Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
- Paid Sabbatical after 5 years of continuous service
- Exclusive employee subscription and rental discounts
- 401k match
- Work from home opportunities
- Comprehensive health, dental care and dependents care from day 1 of employment - Your health comes first and we’ve got you covered.
- Competitive Stakeholder Pension - taking care of your future
- Company wide events and outings - our team spirit is no joke - we know how to have fun!
- Hybrid Work - our corporate employees have the option to work remotely 3 days a week, in accordance with Company policies
Company HQ
Hudson Square, New York, NY
Leadership
Jennifer Hyman
(Co-Founder, CEO & Chairman of the Board)Prior to Rent the Runway, was director of business development at IMG where she focused on the creation of new media businesses for IMG's fashion division.
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