Full-Time

Machine Learning Engineer

Advertiser Budget Optimization

Posted on 12/21/2024

Reddit

Reddit

1,001-5,000 employees

Online platform for community discussions and content

Compensation Overview

$185.8k - $260.1kAnnually

+ Equity + Commission

Mid, Senior

Company Historically Provides H1B Sponsorship

Remote in USA

Category
Applied Machine Learning
AI & Machine Learning
Required Skills
Machine Learning
Data Analysis
Reinforcement Learning
Requirements
  • 3+ years of contributing high-quality code to production systems that operate at scale.
  • 3+ years of experience building control systems, PID controllers, multi-armed bandits, reinforcement learning algorithms, or bid/pricing optimization systems.
  • Experience working with streamed and real time data.
  • Experienced partnering with both technical and non-technical stakeholders.
Responsibilities
  • Building Reddit-scale optimizations to improve advertiser outcomes using cutting-edge techniques in the industry.
  • Leverage live auction data and model predictions to adjust campaign bids in real time.
  • Incorporate knowledge of the Reddit ads marketplace into budget pacing algorithms powered by control & reinforcement learning systems.
  • Design and conduct rigorous A/B experiments to evaluate the business impact of new bid & budget optimization algorithms.
  • Writing maintainable code and conducting rigorous analyses.
  • Contribute data-driven insight to projects in your space.
Desired Qualifications
  • Experience working in online marketplaces or the ads domain is a plus.

Reddit is an online platform that allows users to post, vote, and comment on content within various communities based on shared interests. Users can engage in discussions on a wide range of topics, from news and sports to entertainment and hobbies. The platform's unique voting system enables users to upvote or downvote posts and comments, which helps the most popular content rise to the top, encouraging active participation and interaction among users. Reddit generates revenue primarily through advertising, premium memberships, and the sale of virtual goods like Reddit Coins. Unlike many other social media platforms, Reddit focuses on community-driven content and discussions, making it a space where users can connect over shared interests and engage in meaningful conversations.

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$1.2B

Headquarters

San Francisco, California

Founded

2005

Simplify Jobs

Simplify's Take

What believers are saying

  • AMA ads offer brands direct engagement with Reddit's user base.
  • Paywalls could create new revenue streams and exclusive content.
  • New business tools help track trends and analyze user behavior.

What critics are saying

  • Paywalls may lead to decreased user engagement and migration.
  • Reddit's small ad business limits revenue growth potential.
  • Platform's reputation for toxic behavior could deter advertisers.

What makes Reddit unique

  • Reddit's unique voting system promotes engaging and authentic content.
  • The platform's community-driven monetization strategies enhance user engagement.
  • Reddit's partnerships with media companies diversify content offerings.

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Benefits

Comprehensive health benefits

Flexible unlimited vacation days & monthly global wellness days

Family planning funds & 4+ months paid parental leave

Personal & professional development funds

Paid volunteer time off

Workspace & home office benefits

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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