Director, Pricing Science - Chicago, United States - McDonald's Corporation

McDonald's Corporation
McDonald's Corporation
Verified Company
Chicago, United States

2 weeks ago

Mark Lane

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Mark Lane

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Description

Company Description

McDonald's is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries that serve 70 million customers daily.

We continue to operate from a position of strength. Our updated growth strategy is focused on staying ahead of what our customers want and realizing further growth potential. Our relentless ambition is why McDonald's remains one of the world's leading corporations after almost 70 years. Joining McDonald's means thinking big and preparing for a career that can have influence around the world.

At McDonald's, we see every day as a chance to create positive impact. We lead through our values centered on inclusivity, service, integrity, community and family.

From support of Ronald McDonald House Charities to our Youth Opportunity project and sustainability initiatives, our values keep us dedicated to using our scale for good:
good for our customers, people, industry and planet. We also offer a broad range of outstanding benefits including a sabbatical program, tuition assistance and flexible work arrangements.


We are enjoying the flexibility of a hybrid work model, in which employees spend part of their week connecting with co-workers in our state-of-the-art headquarters.

Located in the booming West Loop of downtown Chicago, it's set up to be a global hub that cultivates collaboration:


  • Take a class at Hamburger University
  • Sample future items in our Test Kitchen
  • Utilize the latest technology to connect with your team around the globe
We are an equal opportunity employer committed to the diversity of our crew members, staff, operators, and suppliers. We promote an inclusive work environment that creates feel-good moments for everyone.


Key Responsibilities:


  • Develop and deploy price testing protocols to evaluate and optimize pricing strategies.
  • Support markets in designing pricing tests and measuring outcomes, serving as an expert advisor and guide.
  • Develop and maintain price testing protocols, software code, and complex mathematical functions.
  • Develop, document, and guide the global pricing model integration, including the mathematical framework.
  • Expertise in AI/ML techniques implementing and leading implementation of analytical solutions
  • Strong experience in primary research for pricing and promotions
  • Develop and support pricing segmentation as needed in markets.
  • Execute shortterm strategies for the function and contribute to executing longerterm strategies.
  • Make decisions and be accountable for the performance and results of multiple teams within the function.
  • Come to agreement through discussion and compromise on shortterm operational, tactical, or narrow strategic issues for the function. Communication may be internal or external and of shared or divergent interest.
  • Identify and solve complex problems that have a broad impact on the function; create methods to address current and future customer needs.
  • Accountable for leading multiple projects across the function with high risk. Responsible for budget and resource allocation for project teams.

Qualifications

  • 8+ years of experience in Marketing Science or pricing science or Management Science or Operational Research or related business field
  • Master's degree is required in Marketing Science or Management Science or Operational Research or related field
  • Must have pricing or revenue management experience
  • Must have expertise in building models within Python
  • Must have leadership and communication experience leading teams
  • Experience working with third party vendors and leading cross functional teams

Additional Information
Nothing in this job posting or description should be construed as an offer or guarantee of employment.
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