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