Principal, Data Scientist (Pricing)
Walmart
Location
🇺🇸 Pea Ridge, United States
Type
full_time
Salary
$110k–$220k
Posted
2w ago
Job Description
Position Summary
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What you'll do
...Immigration sponsorship is not available for this role. Applicants must be authorized to work for any employer in the United States without current or future visa sponsorship. This is a full-time onsite role based in Bentonville, AR or Sunnyvale, CA; remote and hybrid options are not available.
About the Role
: Walmart Global Tech is seeking a talented and experienced Principal Data Scientist specializing in Pricing Algorithms to lead our efforts in developing sophisticated pricing models and strategies. As a Principal Data Scientist, you will play a critical role in driving innovation and optimizing revenue through the application of advanced statistical and machine learning techniques. You will lead a team of data scientists and collaborate closely with cross-functional teams to develop and implement pricing algorithms that maximize profitability and drive business growth. About the Team: The Applied AI team researches and develops advanced algorithms that power strategic decision-making across pricing, markdown optimization, price recommendations, price elasticity, assortment optimization, supply chain, replenishment, and store layout. You will work closely with data scientists, machine learning engineers, operations research scientists, and data analysts, while collaborating with business leaders, product managers, pricing strategists, software engineers, and data engineers to build AI-driven solutions at enterprise scale. Our work combines techniques from forecasting, optimization, operations research, machine learning (classical ML, deep learning, reinforcement learning), causal inference, experimentation, and statistics to solve complex pricing and retail challenges. We develop innovative AI solutions that directly influence business strategy and customer experience, and our research is regularly published in top-tier conferences and journals.
What You'll Do
: • Strategic Leadership: Provide strategic leadership and technical expertise in the development and implementation of pricing algorithms and models. Define the vision, roadmap, and priorities for pricing optimization initiatives. • Algorithm Development: Lead the design, development, and deployment of advanced pricing algorithms using state-of-the-art machine learning techniques, including but not limited to regression analysis, demand forecasting, dynamic pricing, and reinforcement learning. • Code Review: Conduct thorough code reviews of pricing algorithms and related software components developed by the team. Ensure adherence to best practices, coding standards, and optimization techniques. Provide constructive feedback and mentorship to team members to enhance code quality and maintainability. • Data Analysis and Insights: Utilize large datasets to conduct in-depth analysis of customer behavior, market dynamics, and competitive pricing strategies. Extract actionable insights to inform pricing decisions and strategy formulation. • Model Evaluation and Optimization: Oversee the evaluation, validation, and optimization of pricing models to ensure accuracy, reliability, and performance. Implement rigorous testing methodologies to assess model effectiveness and robustness. • Collaboration and Stakeholder Engagement: Collaborate closely with cross-functional teams including product management, engineering, marketing, and finance to understand business objectives,