HRTMS Job Description Management
| VP Advanced Analytics J o b D e s c r i p t i o n | | |
Job Profile Title: | VP Advanced Analytics | Job Code: | 12152 | Profile Title: | 12152 VP Advanced Analytics | Grade / Band: | L5 | FLSA Status: | Exempt | The Vice President of Revenue Optimization and Advanced Analytics at MGM Resorts will lead the strategic vision and execution of advanced analytics and revenue optimization across the organization. This executive will drive innovation by integrating predictive and prescriptive analytics into business operations, enhancing data-driven decision-making and performance. The role focuses on maximizing revenue per available room (REVPAR) and profit per room night by overseeing strategic pricing, labor, spend, and customer value strategies across all properties. The VP will spearhead the development of data products and analytics solutions to optimize exposure and profitability. As a key leader, the VP will build and guide a high-performing analytics team, define the necessary tools and technologies, and establish best practices. This role is central to advancing MGM Resorts' competitive advantage through data and analytics-driven revenue strategies. | | | | | |
Principal Duties & Responsibilities | Provide leadership and guidance in the development of concepts, strategies, planning, implementation, and coordination for revenue generating activities | Develop and implement comprehensive revenue optimization strategies to maximize revenue across all revenue streams, including hotel, casino, food and beverage, entertainment, and ancillary services | Utilize advanced analytics techniques, including predictive modeling, machine learning, and data mining, to analyze complex data sets and identify revenue opportunities, customer trends, and operational efficiencies | Supports pricing and assist with PMS, RMS, pricing and forecasting & other systems technical issues, upgrades. Ensuring their strategic alignment with MGM Resorts' overarching revenue optimization goals | Oversees day-to-day work of Analytics team resources to execute on front-end insights | Strategically lead the development and execution of concepts, strategies, planning, and coordination for revenue-generating and pricing activities across the organization | Direct the development and application of advanced analyses to understand total revenue contributions from various segments and channels, guiding towards the most profitable market mix | Define and lead the execution of processes for data collection, pre-processing, analysis, model performance monitoring, and data accuracy | Ensure the availability and optimal utilization of data for pricing optimization through collaboration with data and tech teams, including the productionalization and monitoring of analytical products and applications | Foster a culture of innovation and continuous improvement by actively participating in the validation of technical approaches and assumptions through peer reviews | Lead efforts in identifying data sources and solving complex business problems through automation and performance tracking systems | Collaborate with stakeholders to validate results, fast-track high-value opportunities, and continuously explore new avenues for profit and revenue growth | Communicate findings and strategies effectively with senior executives and business partners, creating documentation that caters to both technical and non-technical audiences | Champion team development and skill enhancement in partnership with HR, emphasizing access to learning opportunities and fostering an environment of mutual respect, recognition, and satisfaction | Stay abreast of emerging technologies and industry best practices in revenue management, analytics, and hospitality technology, driving innovation and continuous improvement in revenue optimization strategies and tools |
Required for All Jobs | Performs other job-related duties as requested | Proof of eligibility to work in the United States |
Education | Education Level | Education Details | Required/ Preferred | Bachelor's Degree | In a highly quantitative field such as Statistics, Mathematics, Data Science, Business Analytics, Operations Research, Economics, Finance, or a related technical discipline | Required | Master's Degree | Data Science, Business Analytics, Operations Research, Statistics, or a related quantitative field | Preferred | PhD | Data Science, Business Analytics, Operations Research, Statistics, or a related quantitative field | Preferred | | | | | |
Work Experience | Experience | Experience Details | Required/ Preferred | 10+ Years of Prior Relevant Experience | Revenue analytics, pricing optimization, business intelligence, or data science, preferably within hospitality, gaming, or entertainment. | Required | 5+ Years of Prior Relevant Experience | Demonstrated track record of directly managing, mentoring, and building high-performing quantitative analytics or data science teams | Required | | | | | |
Additional Requirements | Details | Required/ Preferred | Hands-on or managerial familiarity with modern data environments and advanced business intelligence platforms | Preferred | Experience leading complex business transformations, systems/platform migrations, or successfully transitioning legacy analytical workflows into modern data frameworks | Preferred | Previous experience in Hospitality | Preferred | | | |
Knowledge, Skills and Abilities | KSAs | Demonstrated experience in revenue management, MLOps, statistical analysis, quantitative analytics, forecasting, predictive analytics, multivariate testing, and/or optimization algorithms | Proven track record of driving business performance through operational insights and analytics |
Physical Requirements | A thorough completion of this section is needed for compliance with legal standards such as the Americans with Disabilities Act. The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. | Physical Requirement | N/A | Rarely | Occasionally | Frequently | Constantly | Weight/ w.p.m. | Balancing | | | X | | | | Bending | | | X | | | | Carrying 10 pounds | | | X | | | | Clear speech - simple | | | | X | | | Clear speech - complex | | | | X | | | Climbing | X | | | | | | Distant vision | | | | X | | | Driving | X | | | | | | Flexibility - upper body | | | X | | | | Flexibility - lower body | | | X | | | | Hearing/Listening | | | | X | | | Kneeling | | X | | | | | Lifting 10 pounds | | X | | | | | Near vision | | | | X | | | Normal vision | | | | X | | | Pushing/Pulling | | | X | | | | Reaching | | | X | | | | Sitting | | | | X | | | Standing | | | X | | | | Typing | | | | X | | | Walking | | | | X | | | | | | | | | | | | | | | |
Work Environment | While performing the duties of this job, the associate is required to work within the selected work environments. | Work Environment | N/A | Rarely | Occasionally | Frequently | Constantly | Communication - verbal | | | | X | | Communication - written | | | | X | | Confined area | | | | X | | Contacts - works alone | | | | X | | Contacts - works around others | | | | X | | Contacts - works with others | | | | X | | Exposure to dust / dirt | | | | X | | Exposure to fumes / odors | | | | X | | Extreme cold | | | | X | | Extreme heat | | | | X | | Fast pace | | | | X | | Hazardous conditions - chemicals | | | | X | | Hazardous conditions - high structures | | | | X | | Hazardous conditions - high voltage | | | | X | | Indoors | | | | X | | Noise levels - low to moderate | | | | X | | Noise levels - high | | | | X | | Office conditions | | | | X | | Outdoors | | | | X | | Restricted area | | | | X | | Shifts | | | | X | | Smoke | | | | X | | Travel | | | | X | | Wet/Humid | | | | X | | | | | | | | | | | | |
Mental Requirements | While performing the duties of this job, the associate is required to work within the selected mental requirements. | Mental Requirement | N/A | Rarely | Occasionally | Frequently | Constantly | Analytical | | | | X | | Clerical | | | | X | | Comprehension | | | | X | | Crisis incidents | | | | X | | Customer service | | | | X | | Decision making | | | | X | | High pressure | | | | X | | Judgment | | | | X | | Long hours | | | | X | | Math skills - advance | | | | X | | Math skills - basic | | | | X | | Organization | | | | X | | Reading - simple | | | | X | | Reading - complex | | | | X | | Repetition | | | | X | | Tight deadlines | | | | X | | Writing - simple | | | | X | | Writing - complex | | | | X | | | | | | | | | | | | |
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