Vice President, Quantitative Analytics

Vice President, Quantitative Analytics Job Description CoStar - Head of Quantitative Analytics Overview: CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed, and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate. The Role: CoStar is seeking to hire a Head of Quantitative Analytics for the CoStar Product. This individual will be responsible for building a team of quantitative modelers and data analytics professionals who will be charged with building quantitative models and tools to analyze CRE data for our customers. The team will be responsible for data accumulation, modeling, and building forecasts to show historical and current data and predict future trends across CRE asset classes and in various scenarios (e.g., analyzing and modeling effective office rents to building DCF models). Additionally, they will develop a robust QA process to test the effectiveness of current models and review them regularly for accuracy. We are looking for a leader who can build and lead a world-class team of CRE quants focused on leveraging data to enhance products and make a significant impact across the CRE industry. This position is located in Richmond, VA, and is in-office Monday through Thursday, with work from home on Friday. Responsibilities: Ensure analytical products deliver business value and drive market improvements in model accuracy and performance, translating to business impact. Continuously evolve a strategic vision to establish CoStar’s leadership in the industry using data as a competitive advantage. Partner effectively with business leaders to build analytic models that create value for customers and address real-world usage. Deliver improvements and new products according to an up-to-date product roadmap, enhancing current models and launching new ones. Build a specialized team in Richmond to drive innovation and deliver analytic products to our customers. Qualifications & Skills: Bachelor's degree in a quantitative field; Master's or PhD preferred. A proven track record of commitment to previous employers. 15+ years of experience in econometric forecasting and quantitative analysis; or 10+ years with a PhD in Data Science, Statistics, or a related field. 3+ years of experience analyzing commercial real estate trends and data through modeling. 5+ years leading small teams of 2-3 data scientists. Domain expertise in Commercial Real Estate, including modeling rents and integrating multiple data sources. Strong analytical, writing, and presentation skills. Excellent project management skills. Proven stakeholder management experience. Strong communication skills and ability to collaborate across product teams, IT, and leadership. CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing.

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