Senior Data Scientist with Prophet, Python
EPAM Systems
AI assistant
Job Description
We are seeking a Senior Data Scientist to build data-driven "should-cost" models that estimate what goods and services ought to cost, leveraging time-series and econometric methods to support procurement analytics.
Responsibilities
- Develop "should-cost" models using time-series and econometric methods
- Incorporate macroeconomic factors and economic indicators as drivers of cost
- Model the relationships between commodity prices, spend data, and external economic variables
- Make model outputs explainable to stakeholders, showing which factors drive each cost estimate
- Apply time-series cross-validation techniques to ensure model robustness
- Prevent data leakage and overfitting in time-series models
- Distinguish between correlation and cointegration, and determine when each applies
- Select relevant features for time-series and econometric models
- Work with spend data and commodity price