Senior Economist, Featured Offer Service Financial & Banking - Andersonville, VA at Geebo

Senior Economist, Featured Offer Service

From Jeff Bezos's, 2014 Amazon shareholder letter (http:
//tinyurl.
com/q8zpobu):
Internally, Marketplace was known as SDP for Single Detail Page.
The idea was to take our most valuable retail real estate - our product detail pages - and let third-party sellers compete against our own retail category managers.
Today, millions of third party sellers offer products alongside Amazon Retail though the Amazon Marketplace.
The Featured Merchant Algorithm (FMA) team owns the system and algorithms that select the offers that are featured on the 'Add to Cart' button (aka the 'Featured Offer Display') on Amazon's most valuable retail real estate - the Product Detail Page referenced above.
The FMA team's mission is to ensure that featured offers provide the best possible customer value based on factors including price, availability, delivery options and customer service.
Our team leverages sophisticated econometric, machine learning, and big data technologies to help customers to discover the right products at the right prices from millions of trusted sellers billions of times a day.
If you are looking for a career-defining opportunity on one of the most customer centric and business impacting teams within Amazon, we'd love to hear from you.
Key ResponsibilitiesDevelop new econometric models or improve existing approaches using scalable techniquesExtract data for analysis and model development from large, complex datasetsClosely work with engineering teams to build scalable, efficient systems that implement prototypes in productionApply economic theory to solve business problems in a fast moving environmentDistill problem definitions from informal business requirements and communicate technical solutions to senior business leadersDrive innovation and best practices in applied research across the Amazon research science community.
Estimated Salary: $20 to $28 per hour based on qualifications.

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