Product Manager, Underwriting Specialist, CoStar Debt Solutions

Job Overview

Product Manager, Underwriting Specialist at CoStar Debt Solutions (CoStar Group) – Boston, in‑office.

We are building a new CRE underwriting platform that brings credit officers, data pipelines, and AI agents together on a shared data model.

As a Product Manager, you will translate underwriting scenarios into production products and encode your judgment into a system that other underwriters rely on.

• Own and evolve underwriting workflows: capital stack construction, rent roll ingestion, peer benchmarking, portfolio surveillance, and deal counter party visibility.
• Define default behaviors for the platform, including heuristics, variance handling, uncertainty surfacing, and human‑in‑the‑loop decisions.
• Partner with design teams and stakeholders at banks and sponsors, translating their needs into product features.
• Collaborate with engineering and product to decide where model capabilities end and workflow exposure begins.
• Contribute to the roadmap for new asset classes, customer profiles, and agent‑driven workflows.

• Real CRE underwriting domain experience.
• 3+ years in a CRE underwriting, credit, or origination role with real deal exposure (Underwriter, Credit Analyst, Credit Officer, Acquisitions Associate, etc.).
• Deep understanding of how originators and credit officers spend their days, beyond just the artifacts they produce.
• Bachelor’s degree from an accredited institution.
• Track record of commitment to prior employers.

• Strong judgment on automation versus human‑in‑the‑loop and knowing when a credit committee is essential.
• Specificity bias: ability to set precise underwriting thresholds for LLM outputs.
• Tech fluency: ability to read schemas, reason about software systems, and engage with product–engineering discussions.
• Product instinct: knowledge of where defaults, settings, warnings, or no‑action belong.
• Comfort with LLM‑driven workflows; interest in determining model decisions versus queries versus flags.

First year: learning product workflows, interacting with senior PMs and engineers, and contributing to shipping decisions.

Subsequent years: ownership of key platform components and influence over how underwriting logic is encoded.

• Annual base salary range: $99,000 – $133,000.
• Comprehensive health benefits: medical, vision, dental, prescription drug, life, legal, and supplementary insurance.
• Mental health counseling and commuter/parking benefits.
• 401(k) with employer match.
• Employee stock purchase plan.
• Paid time off, tuition reimbursement, and on‑site or reimbursed fitness center memberships.
• Employee Resource Groups and complimentary healthy snacks.

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

We welcome all qualified candidates who are currently eligible to work full‑time in the United States to apply. Visa sponsorship is not available.