Vice President, Quantitative Analytics

Company: CoStar Group, Inc.
Location: Richmond
Posted on: May 3, 2025

Job Description:

Vice President, Quantitative AnalyticsJob DescriptionCoStar - Head of Quantitative AnalyticsOverview: 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.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 that will serve 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 a variety of scenarios (i.e. analyzing and modeling effective office rents to building DCF models). Additionally, they will be responsible for building a robust QA process to test the effectiveness of current models and review them on an ongoing basis for accuracy.Responsibilities:

• Ensure analytical products deliver business value-add and drive market improvements in model accuracy and performance that translate to business impact.
• Continuously evolve a strategic vision to establish CoStar's leadership in the industry using data as a competitive advantage.
• Effectively partner with business leaders to build analytic models that drive value for customers and address real world usage.
• Run flawless delivery of improvements and products against an up-to-date product roadmap to improve current models and launch new products.
• Build a specialized team in Richmond who are set up to drive innovation and deliver analytic product to our customers.Qualifications & Skills:
• Bachelor's degree in a quantitative field; Masters or PhD strongly preferred.
• A track record of commitment to prior employers.
• 15+ years of experience performing econometric based forecasting and quantitative analysis; or 10+ 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 a small team of 2-3 data scientists.
• Commercial Real Estate domain expertise, including modeling rents and using multiple data sources to apply to models.
• 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.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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Keywords: CoStar Group, Inc., Franconia , Vice President, Quantitative Analytics, Executive , Richmond, Virginia