Remote Head of Pricing, Forecasting & Optimization

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Opendoor

πŸ’΅ $313k-$392k
πŸ“Remote - United States

Job highlights

Summary

Join Opendoor as the Head of Pricing, Forecasting & Optimization to shape the future of pricing in a dynamic industry. As a key member of the company's leadership team, you will be responsible for creating and refining algorithmic pricing models that drive business growth and profitability.

Requirements

  • Expertise in Pricing and Optimization: 12+ years of experience developing end-to-end forecasting and optimization algorithms
  • 5+ years of leadership experience managing data-driven products or enterprises
  • Knowledge of advanced techniques, including convex optimization (hedonic pricing, portfolio optimization), stochastic processes (price fluctuation modeling), and optimal control (dynamic real estate pricing)
  • Technical and Academic Acumen: MS or PhD preferred, with expertise in areas such as econometrics, applied statistics, or computational finance
  • Collaborative Leadership: Experience working cross-functionally with product, engineering, and operations teams to set and execute strategies that drive business impact

Responsibilities

  • Lead pricing innovation: Own and develop pricing algorithms for macro nowcasting, resale strategies, multi-horizon portfolio optimization and risk management across the real estate landscape
  • Shape the technical strategy: Set and execute a vision that integrates engineering, research, and analytics to fuel company-wide portfolio construction and management strategies
  • Collaborate at the highest levels: Partner with executives and investment leaders to align pricing strategies with business goals, driving profitability and growth
  • Build and lead a top-tier team: Grow and mentor a team of scientists and engineers, fostering a culture of excellence and high judgment
  • Deliver impact: Be accountable for pricing models that boost revenue, enhance margins, and mitigate risks, driving meaningful bottom-line results

Benefits

  • Paid time off
  • 12 paid holidays per year
  • Medical/dental/vision insurance
  • Basic life insurance
  • 401(k) to eligible employees

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