Senior Valuation Officer

State Teachers Retirement System of Ohio•Columbus, OH

2d•$140,763 - $202,348•Onsite

About The Position

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. 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).

Requirements

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.

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.
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.