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Data Scientist

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Job Description - Data Scientist

Who is this for
If building sophisticated statistical models and conducting rigorous causal analysis to drive business impact excites you, this is your opportunity. Fornax is seeking a Data Scientist who combines advanced analytical techniques with business acumen to solve complex challenges in the Retail domain.

We are looking for a technically proficient data scientist who excels at causal inference, experimental design, and predictive modeling while translating complex methodologies into actionable business insights.


Key Responsibilities

Advanced Analytics & Causal Inference (30%)

  • Design and implement causal inference studies using difference -in -differences (DiD), regression discontinuity, synthetic control methods, and propensity score matching
  • Conduct rigorous A/B testing and experimental design to measure treatment effects and validate business interventions
  • Build predictive models using machine learning techniques (random forests, gradient boosting, neural networks) for customer behavior, demand forecasting, and churn prediction
  • Perform time series analysis and forecasting for sales, inventory, and market trends
  • Apply advanced statistical methods to identify and quantify causal relationships in observational data
  • Develop attribution models to measure the incremental impact of marketing campaigns and business initiatives

Statistical Modeling & Machine Learning (25%)

  • Build and deploy supervised and unsupervised learning models for classification, regression, clustering, and recommendation systems
  • Implement feature engineering pipelines and model selection frameworks to optimize predictive performance
  • Develop customer segmentation models using clustering algorithms and behavioral analytics
  • Create price optimization and dynamic pricing models using elasticity analysis
  • Build survival analysis models for customer lifetime value and retention prediction
  • Apply natural language processing (NLP) techniques for sentiment analysis and customer feedback analysis

Experimentation & Testing (20%)

  • Design and analyze randomized controlled trials (RCTs) and quasi -experimental studies
  • Implement Bayesian A/B testing frameworks for sequential experimentation
  • Develop power analysis and sample size calculations for experimental design
  • Build multi -armed bandit algorithms for dynamic optimization
  • Create test -and -learn frameworks for rapid business experimentation
  • Monitor and diagnose experiment validity issues including selection bias, spillover effects, and non -compliance

Strategic Decision Support & Communication (25%)

  • Translate complex analytical findings into clear, actionable recommendations for business stakeholders
  • Partner with business leaders to frame strategic questions as testable hypotheses and analytical problems
  • Create data visualizations and executive summaries that communicate technical insights to non -technical audiences
  • Develop and maintain strategic KPI frameworks aligned with business objectives
  • Lead cross -functional analytics projects from problem formulation to implementation
  • Provide data -driven recommendations for product launches, market expansion, and customer acquisition strategies


Requirements

Technical Skills

  • Causal Inference: Difference -in -differences (DiD), instrumental variables, regression discontinuity design (RDD), propensity score matching, synthetic control methods
  • Machine Learning: Supervised learning (regression, classification), unsupervised learning (clustering, dimensionality reduction), ensemble methods, deep learning
  • Statistical Analysis: Hypothesis testing, Bayesian inference, time series analysis, survival analysis, panel data methods
  • Programming: Python (pandas, scikit -learn, statsmodels, PyTorch/TensorFlow) and/or R (tidyverse, caret, causalimpact)
  • Experimentation: A/B testing, experimental design, power analysis, multi -armed bandits
  • Data Tools: SQL, Git, cloud platforms (AWS/GCP/Azure), visualization tools (Tableau, Power BI, or similar)

Education & Experience

  • 2+ years of experience in data science, applied research, or analytics consulting, preferably in retail or e -commerce
  • Proven track record of applying causal inference methods to business problems
  • Experience collaborating with cross -functional teams and communicating technical concepts to business stakeholders


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