Senior Product Manager - Pricing

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About Opendoor:

Are you intrigued by the thought of disrupting a trillion dollar industry through technology? At Opendoor, we’re on a mission to make it simple to buy and sell homes. The traditional process is broken, with an average home taking over 90 days to sell and costing thousands of dollars. We empower everyone with the freedom to move by making buying and selling a home stress-free and instant. We’ve built an exceptional team, seen strong growth, served over 85,000 customers and recently went public! The coming years present a tremendous opportunity for innovation as we explore new frontiers and scale nationwide.

About the Role

We are hiring a Senior Product Manager to help build the systems and algorithms we use to price our homes. Pricing is central to Opendoor and critical to our success. We’re building systems to tackle financial, engineering, and data science challenges that have never been automated before, requiring creative and disciplined product leadership. Pricing products at Opendoor include everything from our core home valuation models, to operator-facing pricing tools, to resale simulation systems. Human-centered design thinking, machine learning, data engineering, operational excellence, and field research are all part of our toolkit as we work to deliver highly accurate, reliable, and scalable pricing systems. We work closely with our pricing operators, with a heavy emphasis on improving systems through human-in-the-loop approaches. Our team has a massive impact on our profitability, growth, and overall brand and reputation.

As a Senior Product Manager on the Pricing team, you will:

  • Create and improve home pricing systems, algorithms, and tools
  • Work with and inspire a world-class engineering, data science, and operations team
  • You’ll also partner closely with our finance team, and many other product teams
  • Identify and break down complex business problems into solvable pieces
  • Guide the team in making intelligent and pragmatic trade-offs
  • Define and analyze metrics that inform the success of our products
  • Establish shared vision across the company for pricing and oversee roadmap development and execution

We’re looking for teammates who have:

  • 5+ years professional product management experience, including delivery of entire products start to finish
  • 2+ years building fintech products AND/OR algorithmic products (such as Pricing, Risk, Fraud, Search, or Ads)
  • Strong oral and written communication skills
  • Strong analytical skills; experience setting, monitoring, and improving key metrics
  • Deep experience collaborating with data scientists, engineers, and operators
  • Passion for and understanding of complex financial products 
  • Ability to thrive in a fast-paced, start-up environment
  • A strong sense of ownership for everything you ship

Bonus:

  • Passion for and understanding of econometrics, statistics and/or machine learning theory
  • Passion for and understanding of machine learning pipelines

This role is open to remote candidates, who can be based in any state where Opendoor currently operates. If you are not based in San Francisco (Opendoor headquarters), you should expect the following, when business travel is safe again: Spending 2-3 days in San Francisco every 4-6 weeksSpending 2-3 days in Phoenix or another Opendoor market every 4-6 weeks

More About Us

Want to learn more about us and how we are revolutionizing the home buying and selling process? Learn more about us on our website, check out our profile on The Muse to learn more about our culture from our team members, or read our blog posts to hear about the work we are doing.

We Offer the Following Benefits and Perks:

- Your choice of coverage for medical, dental, and vision (optional for dependents)

- Flexible vacation policy

- Commuter benefit

- Generous parental leave

- Paid time off to volunteer

Please note that these benefits and perks are available only to Full Time team members and do not apply to contract roles.

Opendoor values Openness

Our team celebrates our diverse backgrounds. We believe that being open about who we are and what we do allows us to be better. Individuals seeking employment at Opendoor are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, gender identity or other protected status under all applicable laws, regulations, and ordinances.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • GolangLanguages
    • JavascriptLanguages
    • PythonLanguages
    • RLanguages
    • RubyLanguages
    • ScalaLanguages
    • ReactLibraries
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • SparkFrameworks
    • PostgreSQLDatabases
    • SketchDesign
    • FigmaDesign
    • AsanaManagement
    • JIRAManagement
    • WordpressCMS

Location

San Francisco, CA

An Insider's view of Opendoor

What's the biggest problem your team is solving?

My team works with our sales and support operators. We manage our multiple telephony platforms, including our call center software. Last year, we replaced our old call center vendor solution with a new custom-built telephony platform. Building the unique features each team has been one of our central challenges for much of the past year.

Maggie

Sr. Software Engineer

How has your career grown since starting at the company?

I started at Opendoor as an intern, responsible for small improvements to our home valuation model’s accuracy. Now, I am one of the leaders on our team - I’m responsible for setting team vision, overseeing systems design for other IC’s, and leading P0 initiatives such as a pricing workflow overhaul that we launched after COVID-19.

Daniel

Software Engineer

How do you empower your team to be more creative?

Analytical problem solving requires creativity too. I always encourage my team to consider all the tradeoffs between different options - what if you need to solve the problem in 1 day? How about 6 months? How about unlimited compute resources? We often come up with more creative and better solutions when we intentionally consider all options.

Sherry

Data Science Manager

What are Opendoor Perks + Benefits

Culture
Volunteer in local community
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Flexible work schedule
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Mental health benefits
Financial & Retirement
401(K)
Company equity
Employee stock purchase plan
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Relocation assistance
Home-office stipend for remote employees
Professional Development Benefits
Lunch and learns

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