Data Scientist

Posted 2 Days Ago
Dearborn, MI, USA
Hybrid
68K-193K Annually
Junior
Automotive
The Role
Analyzes and models used-vehicle residual values and auction prices across markets. Builds statistical models and forecasts, decomposes value gaps, develops dashboards and automation scripts, and translates analytical findings into visualizations and management presentations. Handles descriptive and inferential analysis requests, interprets model results, integrates new data sources and analytical tools, and provides insights supporting Risk, Vehicle Remarketing, Product, and business teams.
Summary Generated by Built In

We made history and now we work to transform the future – for our customers, our communities and our families. You'll see your work on the road every day, helping people move freely and pursue their dreams. At Ford, you can build more than vehicles. Come build what matters.

The Ford Motor Credit Company team helps put people behind the wheels of great Ford and Lincoln vehicles. By partnering with dealerships, we provide financing, personalized service and professional expertise to thousands of dealers and millions of customers in over one hundred countries around the world.

In this position.. 

  • This role centers on analyzing and modeling used vehicle residual values and auction prices across multiple markets to support Risk, Vehicle Remarketing, and Product teams. 
  • The successful candidate will build and maintain statistical models that quantify what drives residual values, deliver forecasts that inform key business decisions, and break down value gaps between brands and vehicle types. 
  • The role also involves developing and maintaining dashboards and automation scripts to support customer workflows, translating complex data into clear visualizations and presentations for management, staying current with emerging analytical tools and data sources, and responding to ad hoc analytical requests with both descriptive and inferential rigor.
Responsibilities

What you'll do...

  • Develop and maintain models to quantify the relationship between auction prices and key used vehicle residual value drivers

  • Provide used vehicle residual value forecasting to support key business processes

  • Quantify and decompose used vehicle residual value gaps between brands and vehicles 

  • Provide data analysis visualization and prepare presentation materials to share with management and business customers

  • Apply and integrate latest analytical tools and data sources to more accurately model used vehicle prices

  • Execute both descriptive and inferential ad hoc requests for management and business customers in a timely manner

  • Analyze and interpret model results to identify key trends and insights
  • Develop and maintain dashboards and automation scripts to support changing customer process needs
Qualifications

You'll have...

  • Master’s degree in Statistics, Econometrics, Data Science, or related field 

  • 2+ years of experience conducting statistical analysis in a business or academic setting

  • 2+ years of experience with one or more of the following tools: Data Gathering & Analysis skills/tools (e.g. SAS, Python, SQL, BigQuery, Alteryx, etc.)  AND Visualization skills/tools (e.g. Qlik Sense, Tableau, Power BI, etc.)

  • Ability to effectively communicate, both verbal and written, across different levels of the organizations

  • Experience with Excel and PowerPoint

 

Even better you'll have...

  • 3+ years of Auto industry related work (used vehicle market experience a plus)

  • Proficiency in Python for data analysis and model development

  • Familiar with various modeling methodologies, including economics, econometrics, statistics, and data mining 

  • Have excellent time management skills and be able to handle working on multiple projects at the same time

  • Be able to make reasonable judgments and conclusions with limited information and resources 

  • Be able to utilize all major modeling techniques as applied to short and long-term volume and price forecasts

  • Be able to quickly convert a real business requirement into a solvable modeling problem, sort out relevant information, and judge the solution against business reality 

  • Be aspirational and curious in technical excellence and innovation

  • Have a lifetime learning attitude

 

You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Ford Motor Company, we encourage you to apply!

As an established global company, we offer the benefit of choice. You can choose what your Ford future will look like: will your story span the globe, or keep you close to home? Will your career be a deep dive into what you love, or a series of new teams and new skills? Will you be a leader, a changemaker, a technical expert, a culture builder…or all of the above? No matter what you choose, we offer a work life that works for you, including:

•    Immediate medical, dental, vision and prescription drug coverage
•    Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
•    Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
•    Vehicle discount program for employees and family members and management leases
•    Tuition assistance
•    Established and active employee resource groups
•    Paid time off for individual and team community service 
•    A generous schedule of paid holidays, including the week between Christmas and New Year’s Day 
•    Paid time off and the option to purchase additional vacation time. 
This position is a salary grade 5 and ranges from $68,300-$114,800., This position is a salary grade 6 and ranges from $85,400-$143,200., This position is a salary grade 7 and ranges from $99,600-$166,600., This position is a salary grade 8 and ranges from $115,000-$192,900.         
   
Final determination of salary grade will be based on candidate's skills and experience, and base salary will be set within the applicable range according to job scope, responsibility and competitive market value.

For more information on salary and benefits, click here: https://fordcareers.co/GSR

Visa sponsorship is not available for this position.

Candidates for positions with Ford Motor Company must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability status or protected veteran status. In the United States, if you need a reasonable accommodation for the online application process due to a disability, please call 1-888-336-0660.

#LI-Hybrid #LI-FordCredit #LI-AW2 
 

 

 

Skills Required

  • Master's degree in Statistics, Econometrics, Data Science, or a related field
  • At least 2 years of experience conducting statistical analysis in a business or academic setting
  • At least 2 years of experience with data gathering and analysis tools such as SAS, Python, SQL, BigQuery, or Alteryx
  • At least 2 years of experience with visualization tools such as Qlik Sense, Tableau, or Power BI
  • Ability to communicate effectively verbally and in writing across organizational levels
  • Experience with Excel and PowerPoint
  • At least 3 years of automotive industry-related experience
  • Used vehicle market experience
  • Proficiency in Python for data analysis and model development
  • Familiarity with economics, econometrics, statistics, and data mining modeling methodologies
  • Ability to manage multiple projects simultaneously
  • Experience applying modeling techniques to short- and long-term volume and price forecasts
  • Ability to convert business requirements into solvable modeling problems and evaluate solutions against business reality
  • Ability to make sound judgments with limited information and resources

Ford Motor Company Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ford Motor Company and has not been reviewed or approved by Ford Motor Company.

  • Healthcare Strength Medical, dental, and vision coverage start on day one with options that include zero-premium plans, free mental health support, and wellness resources. For represented hourly employees, health plans are described as low-cost with strong coverage value.
  • Retirement Support A 401(k) with company match and additional company contributions is available from day one, alongside life and disability coverage. Pension eligibility in certain situations and financial-planning support reinforce long‑term security.
  • Parental & Family Support Paid parental leave, fertility, surrogacy, and adoption benefits, plus a ramp‑up program for returning parents, reflect a family‑focused package. Flexible Family Care days and generous time‑off options help address short‑term caregiving and personal needs.

Ford Motor Company Insights

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The Company
HQ: Dearborn, MI
175,633 Employees
Year Founded: 1903

What We Do

Ford is a global company with shared ideals and a deep sense of family. From our earliest days as a pioneer of modern transportation, we have sought to make the world a better place – one that benefits lives, communities and the planet. We are here to provide the means for every person to move and pursue their dreams, serving as a bridge between personal freedom and the future of mobility. In that pursuit, our 186,000 employees around the world help to set the pace of innovation every day.

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