State Teachers Retirement System of Ohio (STRS Ohio) is seeking a Senior Valuation Officer 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.
General Summary:
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:
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.
Work with senior associates and engage with external appraisers to obtain accurate property valuations. Schedule, track and monitor real estate valuations.
Apply judgment utilizing real estate industry best practices and established policies and guidelines.
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:
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.
Member of the Appraisal Institute (MAI) and/or Appraisal Institute-General Review Specialist (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.
