Senior Director, Rent Analytics

Job Description

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.

Role Description: CoStar is seeking a Senior Director, Rent Analytics who will build a team of quantitative modelers and data analytics professionals who will be responsible for building quantitative models and tools to analyze and report on the robust rent data captured within CoStar. The team will be responsible for data accumulation, modeling and building forecasts to show historical and current rent data and predict future trends. They will need to build predictive modeling tools that enable customers to maximize revenue potential of their properties.

This position is located in Richmond, VA and offers the following hybrid schedule options:

• 4 days onsite / 1 day remote

    

Responsibilities:  

• Leveraging CoStar data, build models that will enable customers to forecast and maximize revenue potential while analyzing broader market data and forecasts

• Build a team of data scientists to support rent modeling efforts and ensure they receive proper training and on-boarding for their success

• Leverage extensive expertise in commercial real estate markets to develop new analytical tools that would be accretive to customers

Basic Qualifications:   

• Bachelor's degree in a quantitative field from an accredited, not-for-profit University or College

• A track record of commitment to prior employers 

• 8+ years of experience performing econometric based forecasting and quantitative analysis; or 6+ years of experience and a PhD in Data Science, Statistics, or another quantitative field

• 3+ years of experience building models analyzing commercial real estate trends and data

• 5+ years leading small team of 2-3 data scientists

• Commercial Real Estate domain expertise, including rent analysis

• Strong analytical and writing skills, and presentation/public speaking skills

• Strong project management skillset

• Proven experience with stakeholder management

• Strong communication skills and ability to collaborate across Product teams, IT and leadership

Preferred Qualifications:   

• PhD Strongly preferred in Data Science, Statistics or another quantitative field

What’s in it for you?   

When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.  

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.  

Our benefits package includes (but is not limited to):  

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug  

• Life, legal, and supplementary insurance  

• Virtual and in person mental health counseling services for individuals and family  

• Commuter and parking benefits  

• 401(K) retirement plan with matching contributions  

• Employee stock purchase plan  

• Paid time off  

• Tuition reimbursement  

• On-site fitness center and/or reimbursed fitness center membership costs (location dependent)

• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups  

• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks  

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply.  However, please note that CoStar Group is not able to provide visa sponsorship for this position.  

#LI-MT2

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing

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 37 years, giving us the perspective to create truly unique and valuable products and services. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry and for our customers. 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.

CoStar is committed to creating a diverse environment and is proud to be an equal opportunity workplace and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. CoStar is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access www.costargroup.com/careers as a result of your disability. You can request reasonable accommodations by calling 1-855-840-1715 or by sending an email to recruiting@costargroup.com .