Product Manager, Underwriting Specialist, CoStar Debt Solutions

Responsibilities

• Design-partner relationships at two or three banks and sponsors. You will be on the calls, in the deals, and part of the team they trust to translate what they need into what gets built.
• The boundary between "the platform can model this" and "the workflow should expose this" - working directly with engineering and product on where the line gets drawn for each new capability.
• Contribution to the roadmap for the underwriting surface as it grows - new asset classes, new customer profiles, new agent-driven workflows that sit alongside the human ones. You'll bring proposals, defend them, and see them ship.

Requirements

• Real CRE underwriting domain experience.
• A working model of how originators, credit officers, asset managers, and sponsors actually spend their days - not just the artifacts they produce, but the friction between them.
• Bachelor's degree from an accredited, not-for-profit, in person, university or college.
• A track record of commitment to prior employers
• Sharp judgment about what's worth automating, what needs human-in-the-loop, and what should never leave a credit committee.
• A bias for being specific. Generic underwriting opinions are not useful here. We need someone who can say "the LLM should not propose mezz above 12% in this market without flagging it" and be right about it.
• What helps a lot:
• Tech fluency. You don't write production code, but you're willing to read a schema, reason about software as a system, and learn to argue with the model when it's wrong. Any prior exposure to working with product or engineering teams is a plus.
• Product instinct. A growing sense for what belongs in a default, what belongs in a setting, what belongs in a warning, and what belongs nowhere at all. Underwriters who've built or improved internal tools - spreadsheets, models, templates - tend to develop this fast.
• Comfort with LLM-driven workflows. You don't need to have built with them. You do need to find the question of "what should the model decide vs. ask vs. flag" genuinely interesting.
• The growth path:

Additional Information

Product Manager, Underwriting Specialist, CoStar Debt Solutions Job Description Product Manager, Underwriting Specialist Location: Boston, in-office CoStar Debt Solutions is building a new platform for CRE underwriting - one where credit officers, data pipelines, and AI agents work against the same shared data model. Banks, sponsors, and asset managers query, write, and collaborate on the same underlying system. We're hiring a Product Manager, Underwriting Specialist to help us build a world-class underwriting platform - the workflows, defaults, and decisions that decide whether a credit officer or originator reaches for our product first thing in the morning. In year one, that means partnering with our senior product team to turn underwriting scenarios into product: capital stack construction, rent roll injection, peer benchmarking, portfolio surveillance, deal counterparty visibility. Over time, it means taking on more of the surface yourself - across asset classes, customer types, and the agent workflows that increasingly run alongside the human ones. The work starts with the underwriting judgment you've built. It ends with that judgment encoded into a system other underwriters run against.

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