Senior Data Science Consultant – Econometrics specialist

Epam
London
1 year ago
Applications closed

Related Jobs

View all jobs

Senior Data Science Consultant, Customer Data &Technology...

Senior Data Engineer

Data Science Consultant - Edinburgh

[03/06/2025] Data Scientist...

Data Product Manager

Senior Consultant (Quantitative)

Description

ABOUT THE ROLE



Are you passionate about Data Science? Do you enjoy working with both technical and business stakeholders to translate vision and designs into sustainable, customer-focused solutions?

Can you communicate efficiently and influence quicker deliveries? If yes, we have new position for a Senior Data Science Consultant. The successful candidate will be a key player in driving the development and implementation of advanced pricing and marketing optimization models. The role involves leveraging deep expertise in Bayesian statistics, causal inference and econometric methods, as well as proficiency in Python, to deliver impactful insights and solutions in the CPG (Consumer Packaged Goods) domain.

Responsibilities

Design and build sophisticated pricing and marketing optimization models using Bayesian, causal inference and econometric approaches Develop optimization models and employ Monte Carlo simulations for robust analysis Lead A/B testing initiatives for accurate measurement and validation of models Analyze large datasets to identify trends, patterns and actionable insights Collaborate with cross-functional teams to understand business needs and provide data-driven solutions Proficiently use Python for model development and ensure models are production-ready Manage the end-to-end process of taking models to production, ensuring scalability and reliability Utilize Azure, Databricks, MLFlow, Airflow and Plotly Dash for efficient model deployment and visualization Apply domain knowledge in CPG pricing and promotion optimization to enhance model accuracy and relevance Work closely with other data scientists, engineers and business stakeholders Mentor junior team members and contribute to the team's knowledge sharing

Requirements

Masters degree or higher in a quantitative field (e.g., Computer Science, Statistics, Physics, Mathematics) Minimum of 5 years of experience in a data science role with a focus on pricing and marketing optimization Proven expertise in Bayesian, causal inference and econometric methods Strong proficiency in Python and experience in taking models to production Experience with cloud computing platforms, preferably Azure and tools such as Databricks, MLFlow Airflow and Plotly Dash

Nice to have

PhD in a relevant field Prior experience in the CPG industry, specifically in pricing and promotion optimization

Our Benefits Include

A competitive group pension plan and protection benefits including life assurance, income protection and critical illness cover Private medical insurance and dental care Cyclescheme, Techscheme and season ticket loans Employee assistance program Great learning and development opportunities, including in-house professional training, career advisory and coaching, sponsored professional certifications, well-being programs, LinkedIn Learning Solutions and much more EPAM Employee Stock Purchase Plan (ESPP) Various perks such as gym discounts, free Wednesday lunch in-office, on-site massages and regular social events Certain benefits and perks may be subject to eligibility requirements and may be available only after you have passed your probationary period

About EPAM

EPAM is a leading global provider of digital platform engineering and development services. We are committed to having a positive impact on our customers, our employees, and our communities. We embrace a dynamic and inclusive culture. Here you will collaborate with multi-national teams, contribute to a myriad of innovative projects that deliver the most creative and cutting-edge solutions, and have an opportunity to continuously learn and grow. No matter where you are located, you will join a dedicated, creative, and diverse community that will help you discover your fullest potential

Get the latest insights and jobs direct. Sign up for our newsletter.

By subscribing you agree to our privacy policy and terms of service.

Industry Insights

Discover insightful articles, industry insights, expert tips, and curated resources.

Top 10 Best UK Universities for Data Science Degrees (2025 Guide)

Discover ten of the strongest UK universities for Data Science degrees in 2025. Compare entry requirements, course content, research strength and industry links to choose the right programme for you. Data is the currency of the modern economy, and professionals who can wrangle, model and interpret vast datasets are in demand across every sector—from biotechnology and finance to sport and public policy. UK universities have been at the forefront of statistics, artificial intelligence and large-scale computing for decades, making the country a prime destination for aspiring data scientists. Below, we profile ten institutions whose undergraduate or postgraduate pathways excel in data science. Although league tables vary each year, these universities have a proven record of excellence in teaching, research and industry collaboration.

Veterans in Data Science: A Military‑to‑Civilian Pathway into Analytical Careers

Introduction The UK Government’s National AI Strategy projects that data‑driven innovation could add £630 billion to the economy by 2035. Employers across healthcare, defence, and fintech are scrambling for professionals who can turn raw data into actionable insights. In 2024 alone, job‑tracker Adzuna recorded a 42 % year‑on‑year rise in data‑science vacancies, with average advertised salaries surpassing £65k. For veterans, that talent drought is a golden opportunity. Whether you plotted artillery trajectories, decrypted enemy comms, or managed aircraft engine logs, you have already practised the fundamentals of hypothesis‑driven analysis and statistical rigour. This guide explains how to translate your military experience into civilian data‑science language, leverage Ministry of Defence (MoD) transition programmes, and land a rewarding role building predictive models that solve real‑world problems. Quick Win: Take a peek at our live Junior Data Scientist roles to see who’s hiring this week.

Quantum-Enhanced AI in Data Science: Embracing the Next Frontier

Data science has undergone a staggering transformation in the past decade, evolving from a niche academic discipline into a linchpin of modern industry. Across every sector—finance, healthcare, retail, manufacturing—data scientists have become indispensable, leveraging statistical methods and machine learning to turn raw information into actionable insights. Yet as datasets grow ever larger and machine learning models become more computationally expensive, there are genuine questions about how far current methods can be pushed. Enter quantum computing, a nascent but promising technology grounded in the counterintuitive principles of quantum mechanics. Often dismissed just a few years ago as purely experimental, quantum computing is quickly gaining traction as prototypes evolve into cloud-accessible machines. When paired with artificial intelligence—particularly in the realm of data science—the results could be game-changing. From faster model training and complex optimisation to entirely new forms of data analysis, quantum-enhanced AI stands poised to disrupt established practices and create new opportunities. In this article, we will: Explore how data science has reached its current limits in certain areas, and why classical hardware might no longer suffice. Provide an accessible overview of quantum computing concepts and how they differ from classical systems. Examine the potential of quantum-enhanced AI to solve key data science challenges, from data wrangling to advanced machine learning. Highlight real-world applications, emerging job roles, and the skills you need to thrive in this new landscape. Offer actionable steps for data professionals eager to stay ahead of the curve in a rapidly evolving field. Whether you’re a practising data scientist, a student weighing up your future specialisations, or an executive curious about the next technological leap, read on. The quantum era may be closer than you think, and it promises to radically transform the very fabric of data science.