Head of Pricing- Forecasting & Optimization @ Opendoor | Jobright.ai
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Head of Pricing- Forecasting & Optimization jobs in United States-Remote
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Opendoor · 4 days ago

Head of Pricing- Forecasting & Optimization

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MarketplaceProperty Development
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H1B Sponsor Likelynote

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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.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Pricing AlgorithmsForecasting AlgorithmsOptimization AlgorithmsConvex OptimizationStochastic ProcessesOptimal ControlEconometricsApplied StatisticsComputational FinanceReal Estate Market KnowledgeEntrepreneurial ExperienceCross-functional CollaborationLeadership Experience

Required

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).
MS or PhD with expertise in areas such as econometrics, applied statistics, or computational finance.
Experience working cross-functionally with product, engineering, and operations teams to set and execute strategies that drive business impact.

Preferred

Experience within the real estate market, or very high value commodity buying and selling.
Experience in entrepreneurial settings, working with small teams to deliver outsize returns and scaling teams up over time.

Benefits

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

Company

Opendoor

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Opendoor is a real estate technology company that simplifies the process of buying and selling homes.

H1B Sponsorship

Opendoor has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (16)
2022 (30)
2021 (26)
2020 (15)

Funding

Current Stage
Public Company
Total Funding
$1.89B
Key Investors
General AtlanticSoftBank Vision FundLennar Corporation
2023-09-20Post Ipo Secondary· $1.98M
2021-08-20IPO· fra:25M
2020-12-21Post Ipo Equity· $400M

Leadership Team

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Carrie Wheeler
Chief Executive Officer
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Rajalakshmi Subramanian
Chief Technology Officer
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Company data provided by crunchbase
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