Vice President of Data & AI/ML, The RealReal
$315-325k
Online marketplace for authentic, resale luxury goods
Job no longer available
Online marketplace for authentic, resale luxury goods
1001+ employees
Job no longer available
$315-325k
1001+ employees
Company mission
To extend the lifecycle of luxury.
Role
Who you are
- 15+ years of progressive business experience in the data management / big data, data science, and AI/ML domain, including 5+ years of senior leadership experience building and leading successful Data and ML/AI organizations
- Experience with creating and deploying ML/AI plans and capabilities across the organization that had significant business impact
- Proficient in translating business strategy into a Data Science and AI/ML vision, driving the creation and execution of a multi-year roadmap with a focus on data strategy, architecture, engineering, data science, data mining, and machine learning / AI
- Demonstrated ability to develop and deliver compelling executive-level presentations
- Excellent verbal & written communication skills with demonstrated ability to convey complex concepts and analyses in an accessible and compelling way
- Demonstrated ability to lead projects and teams in a fast-paced environment and to inspire rapid adoption of change in a complex matrixed organization with distributed virtual teams
- A results-driven leader with exceptional business vision and strategic acumen, proven in solving complex problems, cultivating creativity, and effectively extracting the broader business narrative from facts and data
- Experienced in implementing an enterprise-level Data Governance program, fostering partnerships across the business, and employing best practices to ensure data consistency across Data and Analytics platforms, tools, and solutions
What the job involves
- As a Vice President of Data & AI/ML at The RealReal you'll drive our Data Science, Machine Learning and Data Engineering Organization
- You will own critical systems throughout the platform and be responsible for your team's performance, delivering impact to the organization on both top and bottom line, and be a contributing and collaborative member of the tech team and company
- Develop and manage the strategy, and supporting roadmap, for the Data & AI/ML function
- Manage the Data Scientists, ML/AI Engineers and Data Engineers
- Own the company data pipelines supporting core analytics, reporting, finance and related functions
- Own and develop software services that solve real pain points and frustrations for the customer and deliver measurable business value
- Collaborate with leadership, Product management, Design, engineering groups and other company stakeholders in the development of impactful products that use our differentiated data
- Lead, develop and mentor team members to build the company's overall expertise in Data Science, ML and Data Engineering
- Work to make The RealReal an innovator in the space by bringing passion and new ideas to work every day
- Scale ML model performance, debugging and monitoring ML applications and tuning pipelines
- Lead the Design and implementation of machine learning life cycle management
- Process engineering and re-engineering to optimize and ensure TRR can address challenges that may occur when integrating our models into workflows, applications and/or systems
- Lead the adoption, use and governance of common tools and techniques to build large-scale AI applications, including productionizing models with CI and CD
- Architect and maintain TRR enterprise Machine Learning ecosystem and sustainable infrastructure to serve the needs of our Data Scientist teams; support our data-driven business activities at large scale
- Perform R&D on new technologies and solutions to improve accessibility, scalability, efficiency and abilities of machine learning and analytics platforms
- Influence how ML/AI can be used to create demand, enable sales, and support different organizations including product, merchandising and marketing with predictive and prescriptive intelligence
- Collaborate with Analytics, Research and Insights team on how to optimize, improve and create action plans as we continue to leverage our data and understand our customers deeper, conversion rate optimization, and customer churn opportunities
Our take
The founder and CEO of The RealReal began the company in her kitchen, traveling via van to customers at their homes to deliver goods. Fast forward several years and The RealReal has more than 27 million shoppers, 19 retail locations, and has successfully IPO'ed after achieving unicorn status.
The RealReal is an online marketplace for second-hand luxury goods including high-end fashion, jewellery, watches, and fine art, all verified by in-house experts as part of the company’s robust authentication infrastructure. With a focus inspired by the circular economy, it also helps both buyers and consignors to extend products' lifespan, bringing sustainability to the fashion industry.
The company has sought to boost its activities through strategic moves like a partnership with Gucci, which is focusing on sustainability as it incentivises its customers to buy authenticated secondhand goods via The RealReal. Also, there have been forward-thinking approaches to customer acquisition and retention such as AI pricing and fake finding. Regardless, as a primarily retail-based company, The RealReal was affected by inflation in 2023 and made a 7% cut to its workforce to reduce operational costs in the first quarter. 2024 Q1 also showed the company to report a loss with an optimistic hope for growth in the following quarters.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-10% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Mar 2019
$70m
SERIES H
Jul 2018
$115m
SERIES G
Total funding: $358m
Company benefits
- Stock awards for all positions!
- Top tier medical, dental and vision
- Company sponsored access to One Medical
- Generous Paid Time Off
- 401(k) plan with company matching
- Company paid insurance plans for LIFE, AD&D
- Option for Short/Long Term Disability, Hospital Indemnity and Pet Insurance
- Other perks include: Travel Assistance, Legal Assistance, Employee Assistance Program, Commuter and Parking Flexible Spending Account
Company HQ
Telegraph Hill, San Francisco, CA
Leadership
Julie Wainwright
(Boardmember)Having studied at Purdue University, Julie started her career as a Brand Assistant at Clorox, before several CEO and Vice Presidential roles. In February 2011, she combined her commercial experience with a passion for sustainability to found The RealReal.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job