Senior Data Scientist, Faire
Brand
$177.5-244k
2-5 days a week in office
Online wholesale marketplace
Job no longer available
Online wholesale marketplace
1001+ employees
Job no longer available
$177.5-244k
2-5 days a week in office
1001+ employees
Company mission
To empower brands and retailers to strengthen the unique character of local communities.
Role
Who you are
- 2+ years of industry experience using machine learning to solve real-world problems, and a history of accomplishment and advancement in your Data Science career
- Resourcefulness and proactiveness: track record for executing independent projects and leading complex, cross-functional projects with dependencies
- Strong communication skills: can effectively and patiently work with others in a closely collaborative team environment
- Exceptional product and business sense
- An excitement and willingness to learn new tools and techniques
- Proficiency with Python and SQL
What the job involves
- At Faire, the Data Science team is responsible for creating and maintaining a diverse range of algorithms and models that power our marketplace. We are dedicated to building machine learning models that help our customers thrive
- As a Data Scientist on the Brand team, you will develop the intelligence behind our efforts to acquire high value brands and improve their early lifecycle performance
- This includes being responsible for our “selection science” workstream, developing an understanding of the gaps in our marketplace’s supply in order to better estimate the incremental value of specific products and brands
- It also includes developing models that prioritize the highest value brands to acquire, designing incentives and nudges to encourage high quality shop setup, and working with our Discovery team to improve exploration of new brands and products
- Act as the DS pod lead and thought partner for Brand Growth
- Develop models and experimental methods to understand how well the marketplace’s selection is matching customer demand and estimate the incremental value of acquiring specific products and brands
- Use a combination of internal and external signals to identify and acquire the brands that will add the most value to the marketplace
- Optimize the early lifecycle of new brands. Develop nudges and incentives for brands to set up high quality shops and iterate on the requirements for brands to activate and be featured
- Improve our methods for cold start ranking and exploration of new brands and products
- Tackle complex issues inherent in managing a two-sided marketplace. Your ability to identify and address these challenges will be critical to our continued growth and success
Our take
Faire is helping retailers find and buy wholesale merchandise for their stores, pairing independent brands with retailers. The company connects two million retailers globally to hundreds of thousands of brands across the globe.
In addition to a large catalog, the company attracts smaller retailers by offering net 60-day terms and free returns to boost confident buying at unpredictable times. Faire has seen impressive growth, reporting 300% year-on-year volume growth and a valuation of over $12.6B following its most recent tranche of funding from Shopify.
This investment is funding its continuing expansion into European and Australian markets, while accelerating product development, focusing on its OS for wholesale. It is also hiring talent globally as it takes aim at becoming a kind of Amazon for local and indie brands that want to sell globally.
Steph
Company Specialist at Welcome to the Jungle
Insights
109% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
May 2022
$416m
SERIES G
Nov 2021
$400m
SERIES G
Total funding: $1.5bn
Company benefits
- Comprehensive healthcare: Including Health, Dental, Vision and Disability for all our locations.
- Time off: Paid time off, holidays and company-wide "Faire Fundays".
- Parental leave: Generous parental and family leave, as well as fertility support benefits.
- Productivity support: Monthly stipends to help cover work from home connectivity needs.
- Annual learning grant: For personal and professional development, as well as unlimited access to training courses through LinkedIn Learning.
- Thoughtfully designed spaces: All of our offices have been designed with local in mind – from our architects to our coffee blends.
- Fitness and well-being benefits: Including monthly credit towards your wellness-related programmes.
- Mental health benefits: Including free access to Modern Health therapists and resources.
- Charitable matching: Faire will match up to £250 of your charity donations, every year.
- Career planning: Whether you want to grow as a leader, hone your craft or explore a new discipline, our career framework allows space for you to explore.
Company HQ
Mission District, San Francisco, CA
Leadership
Max Rhodes
(Co-Founder & CEO)Previously an Advisor at Blunt Umbrellas and a Director of Consumer Product at Square.
Marcelo Cortes
(Co-Founder 7 Chief Architect)Previously a Senior Software Engineer at Google. Prior to that, they co-founded FreePoint Inc.
Jeff Kolovson
(Co-Founder & COO)Previously an Operations Lead at Square. Prior to that, they were a Business Analyst for McKinsey and Co.
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