STRS Ohio, STRS

STRS Ohio is seeking a Senior Valuation Officer or Senior Valuation Officer 2 to join the Investment/Management team.  Nearly two-thirds of STRS Ohio’s investment assets are managed internally by more than 100 Investment Department professionals.

Established in 1920 and serving Ohio’s educators, STRS Ohio is one of the nation’s largest retirement systems, serving over 500,000 active, inactive, and retired public-school teachers, and university faculty members, managing approximately $96.9 billion as of June 30, 2024, in assets and paying more than $7 billion in benefits annually.

STRS Ohio provides a competitive pay, and a comprehensive benefits package including on-site parking, educational assistance, subsidized medical insurance, fully paid dental and life insurance, vacation and sick leave, retirement benefits and on-site fitness center.  At STRS Ohio, you can experience rewarding work in a professional, business casual work environment. We welcome, celebrate, and promote respect for everyone. We are continually seeking bright and talented individuals to join our team.

Compensation:

Grade 15: $140,763 - $175,945

Grade 16: $158,704-$202,348

Work Schedule:

8:00am-5:00pm Monday through Friday (Onsite)

General Summary (Grade 15 or 16):

Under the direction of the director, Portfolio Services, perform real estate valuations relating to the real estate portfolio for State Teachers Retirement System of Ohio (STRS Ohio).

Summary of Responsibilities (Grade 15 or 16):

• Review commercial real estate appraisals for new acquisitions and quarterly portfolio valuation.
• Complete real estate valuations (limited restricted appraisals in conformance with the Uniform Standards of Professional Appraisal Practice [USPAP]) as a part of the quarterly portfolio valuation process.
• Complete valuations of partial interests in real estate (specifically joint venture partnerships) and debt encumbering STRS real estate investments. (Grade 16)
• Travel, not to exceed 20% of work time, including but not limited to property inspections, continuing education and meetings with external contacts.

The above list of duties is intended to describe the general nature and level of work performed by persons assigned to this classification. It is not to be construed as an exhaustive list of duties performed by the persons so classified, nor is it intended to limit or modify the right of any supervisor to assign, direct and control the work of associates under supervision.

Summary of Qualifications (Grade 15 or 16):

• Bachelor’s degree in real estate, finance, business administration or related field required.
• Five to eight years’ experience with emphasis on appraising institutional-quality commercial and multi-family properties required. (Grade 15)
• Eight or more years diverse experience with emphasis on appraising institutional quality commercial and multi-family properties in regional and national real estate markets required. (Grade 16)
• (MAI) and/or AI-GRS designation and compliance with state appraiser certification laws required.
• Proven ability to operate Argus Enterprise software, Microsoft Office programs and standard office equipment required.

Equal Employment Opportunity Employer Statement

State Teachers Retirement System of Ohio (STRS) is an Equal Employment Opportunity Employer and prohibits discrimination and harassment of applicants or employees on the basis of race, color, religion, gender, gender identity or expression, national origin (ancestry), military status, disability, age, genetic information, sexual orientation, or caregiver status, in making employment-related decisions about an individual.

Visa/Sponsorship

To be offered a position with STRS Ohio, you must be either a U.S. citizen or possess proper legal authorization to work in the U.S. for the type of job you are seeking. This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States without the need for visa sponsorship.

 ADA Statement

STRS Ohio is committed to ensuring access, inclusion, and reasonable accommodations across all its services, activities, programs, and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.  

Posting Drug-Free Workplace Statement

The State Teachers Retirement System of Ohio (STRS Ohio) is a drug-free workplace. The use of recreational marijuana and non-medical cannabis is strictly prohibited.

Pre-Employment Drug Testing

All final candidates tentatively selected for employment will be required to undergo a urinalysis drug screening prior to appointment. This screening includes testing for illegal substances, including marijuana. A positive test result will disqualify the applicant from employment unless valid medical documentation is provided for legally prescribed medications or a physician’s recommendation for medical marijuana.

Pre-Employment Background Investigation

The final candidate selected for this position will be subject to a criminal background check. STRS Ohio will conduct an individualized assessment of any prior criminal convictions before making a determination regarding employment eligibility.