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Data Scientist

We are looking for a Data Scientist with experience in statistical modeling and data analytics to improve campaign performance in digital advertising. The ideal candidate will leverage their expertise in forecasting models and campaign planning workflows.

Skills

  • Statistical modeling
  • Data analytics
  • Campaign planning
  • Forecasting
  • Optimization frameworks

Responsibilities

  • Work with PID controllers used in bidding strategy
  • Develop models to identify patterns for campaign performance
  • Analyze Nielsen and TV viewership data
  • Build and analyze forecasting models
  • Develop Cross-Channel Planning framework

Education

  • Master’s degree in Data Science or related field

Benefits

  • Health insurance
  • Retirement plan
  • Paid time off
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$111000 / YEARLY (est.)
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$111000K
$111000K

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What You Should Know About Data Scientist , Nexxen

As a Data Scientist at our cutting-edge Redwood City office, you'll play a pivotal part in redefining our bidding strategy through advanced PID controllers. Here, you won’t just analyze data; you will create impactful models that help identify patterns such as daily and seasonal trends, ultimately enhancing our campaign performance and driving down costs. Your expertise in Nielsen and other TV viewership data will allow you to build and scrutinize forecasting models, ensuring that our strategies are data-driven. Additionally, your deep understanding of Linear TV campaign workflows and optimization frameworks will be crucial as we develop an innovative Cross-Channel Planning framework. This isn't just a job; it's an opportunity to integrate your knowledge of both Linear TV and Digital campaign planning in a collaborative environment that thrives on innovation. Join us at the forefront of digital advertising and make your mark by leveraging your skills to improve our product suite while working alongside some of the brightest minds in the industry. If you’re excited about utilizing your statistical and data modeling expertise to drive results, we invite you to explore this role further and be part of something truly transformative!

Frequently Asked Questions (FAQs) for Data Scientist Role at Nexxen
What are the primary responsibilities of a Data Scientist at your company?

At our company, a Data Scientist is instrumental in enhancing our bidding strategies through the application of PID controllers. You'll focus on improving campaign performance by developing advanced statistical models and analyzing patterns in data to achieve lower CPM. Additionally, your role will involve building and analyzing forecasting models using Nielsen and similar TV viewership data, ensuring your efforts are pivotal to our digital advertising initiatives.

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What qualifications do I need to become a Data Scientist at your company?

To qualify for the Data Scientist position at our company, candidates should possess a Master’s degree in Data Science, Statistics, Business Analytics, or a related field, along with two years of relevant experience in statistical and data modeling. It's essential to have hands-on experience with Nielsen viewership data, Linear TV campaign planning workflows, and a solid understanding of constraint optimization frameworks.

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What specific experience is required for a Data Scientist role at your company?

Candidates looking to apply for the Data Scientist role must have at least two years of experience working with Nielsen or similar TV viewership data, building and analyzing forecasting models. Additionally, one year of experience with PID controllers used in bidding strategy and generating controller response curves related to bidding strategies is also essential, ensuring that you bring the necessary knowledge to our dynamic team.

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How does the Data Scientist position contribute to digital advertising strategies at your company?

The Data Scientist position plays a crucial role in shaping our digital advertising strategies. By leveraging your expertise in statistical modeling and analyzing data from Linear TV campaign workflows, you will help develop solutions that enhance our cross-channel planning framework. Your insights will drive smarter, data-driven decision-making processes, directly impacting the effectiveness and efficiency of our ad campaigns.

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Can you explain the importance of PID controllers in the Data Scientist position?

PID controllers are vital to optimizing our bidding strategies at our company. As a Data Scientist, you'll utilize these controllers to improve action rates and click-through models, which are paramount for achieving cost-effective campaign performance. Your experience in generating controller response curves allows you to refine our approach, ensuring that our bidding strategies are not only effective but also innovative.

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Common Interview Questions for Data Scientist
Can you explain how you would approach creating a forecasting model using Nielsen data?

In approaching a forecasting model with Nielsen data, I would first start by cleaning and preprocessing the data to ensure its quality. Next, I would analyze the data for trends and seasonality using time series analysis techniques. I would then select appropriate statistical methods, like ARIMA or regression analysis, to develop the model while verifying its accuracy through cross-validation. Documenting the entire process will be key to sharing insights with the team.

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What experience do you have with PID controllers in bidding strategies?

I have substantial experience with PID controllers, particularly in how they can be applied to enhance bidding strategies. I have implemented these controllers to dynamically adjust bids based on real-time performance data, optimizing action rates. My approach involves continuous monitoring and fine-tuning of the controller parameters based on incoming data trends.

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How have you utilized linear programming in your previous roles?

In my previous roles, I utilized linear programming to solve complex optimization problems within campaign planning. By defining objective functions and constraints based on key performance indicators, I was able to derive solutions that maximized resource allocation efficiency, such as budget distribution across channels to ensure optimal ad placements.

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Can you describe a time when you identified a pattern in data that significantly impacted a campaign?

I once identified a seasonal pattern in user engagement data, which indicated that certain products performed better during specific months. By communicating this insight to the campaign team, we adjusted our marketing strategy, leading to a 20% increase in CTR during that period. This experience underscored the importance of data analysis in shaping effective campaigns.

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What tools and technologies are you familiar with for data analysis?

I am proficient in several data analysis tools and technologies, including R, Python, SQL, and machine learning libraries such as scikit-learn and TensorFlow. I also have experience using data visualization tools like Tableau and Power BI, which help convey insights effectively to stakeholders, ensuring adherence to our strategic goals.

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How do you ensure the accuracy and reliability of your data models?

To ensure the accuracy and reliability of my data models, I employ rigorous validation techniques, including cross-validation and A/B testing. Additionally, I monitor model performance over time, adjusting parameters as necessary based on new data, which helps maintain the effectiveness of the models in real-world applications.

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Can you discuss how you stay updated with the latest trends in data science?

I stay updated with the latest trends in data science by engaging with online communities, attending workshops and conferences, and subscribing to relevant journals and blogs. This continuous learning process enables me to incorporate new methodologies and technologies into my work, keeping my skill set current and relevant.

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How do you approach teamwork, especially in data projects?

I believe effective communication and collaboration are crucial in teamwork, especially in data projects. I ensure that I actively engage with team members across departments, sharing insights and gathering diverse perspectives that can enhance our analysis. I value feedback and strive to create an environment where everyone's contributions are recognized.

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What challenges have you faced in your data work, and how did you overcome them?

One challenge I faced was dealing with incomplete datasets, which can skew results. To overcome this, I implemented data imputation techniques and employed sensitivity analyses to understand how missing values may impact my findings. This approach allowed me to continue delivering reliable insights while addressing the data quality issue.

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Why do you want to work as a Data Scientist at our company?

I'm drawn to the Data Scientist position at your company because I admire the innovative approach your team takes in utilizing data to drive advertising strategies. I am excited about the potential to work with cutting-edge technologies and contribute to a collaborative environment that values data-driven insights. I see this as an opportunity to grow and make a significant impact on marketing campaigns.

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Nexxen bridges new opportunities in ways that others cannot. Wherever you stand in the ecosystem, we enrich and elevate the advertising journey: digital to Connected TV to linear, planning to activation to measurement and optimization. No matter...

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DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$111,000/yr - $111,000/yr
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
January 3, 2025

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