STRS OHIO, STRS

The State Teachers Retirement System of Ohio (STRS Ohio) is seeking a Senior Asset Management Officer 2 to join the Investments Department (Atlanta, GA). Established in 1920 and serving more than 495,000 active, inactive and retired Ohio educators, STRS Ohio is one of the nation’s premier retirement systems providing retirement benefits, access to health care coverage and many other services to its membership. STRS Ohio provides rewarding work in a professional, business casual work environment and welcomes, celebrates and promotes respect for each individual. We are continually seeking bright individuals to join our team.

COMPENSATION & BENEFITS

Salary: Competitive 

STRS Ohio provides a comprehensive benefits package including free on-site parking, education assistance, subsidized medical insurance, fully paid dental and life insurance, vacation and sick leave, retirement benefits and an on-site fitness center.

GENERAL SUMMARY:

Under the direction of a real estate regional director, responsible for managing a portfolio of real estate investments, including equity properties and joint venture partnerships. Maximize the value of State Teachers Retirement System of Ohio (STRS Ohio) real estate investments by ensuring that properties and venture investments are managed in conformance with established standards.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

1. Analyze and make recommendations and ultimately lead execution on investment and management‑related decisions such as lease negotiations, mortgage re‑negotiations, property sales, property management and capital improvement programs.
2. Establish operating goals for properties, monitor performance through budgets, monthly operating and financial statements, lease reviews and conduct periodic site visits.
3. Assist with new investment due diligence process.
4. Function as trouble‑shooter on under-performing properties. Make recommendations and implement programs to improve returns.
5. Monitor compliance with negotiated agreements and joint ventures.
6. Oversee and evaluate property managers' and leasing teams’ effectiveness. Participate in selection of property management firms.
7. Occasional travel and overnight stays may be required dependent upon on business needs.
8. Prepare special projects as directed.

Required Skills

KNOWLEDGE, SKILLS AND ABILITIES:

1. Bachelor's degree in business administration, economics, finance or related field required.
2. Master's degree in business administration, economics, finance or related field preferred.
3. Seven to ten years’ experience in managing large and/or complex institutional investments required.
4. Comprehensive experience and familiarity with a diverse range of property types and financial structures including joint ventures required.
5. Excellent analytical and negotiation skills required.
6. Comprehensive knowledge of commercial leases and operations required.
7. Working knowledge of ARGUS software required.
8. Ability to work with and preserve confidential information required.
9. Excellent oral and written communication skills required.
10. Interpersonal skills necessary to deal effectively and courteously with internal and external contacts required.
11. Excellent organizational skills and high degree of accuracy and attention to detail required.
12. Proven ability to operate Microsoft Office programs and standard office equipment required.
13. Ability to work well with minimal direct supervision.
14. Excellent work record of attendance, punctuality and the ability to maintain a flexible work schedule to meet business needs. Occasional evening, weekend and non-regular work hours may be required.

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.

Required Experience

KNOWLEDGE, SKILLS AND ABILITIES:

1. Bachelor's degree in business administration, economics, finance or related field required.
2. Master's degree in business administration, economics, finance or related field preferred.
3. Seven to ten years’ experience in managing large and/or complex institutional investments required.
4. Comprehensive experience and familiarity with a diverse range of property types and financial structures including joint ventures required.
5. Excellent analytical and negotiation skills required.
6. Comprehensive knowledge of commercial leases and operations required.
7. Working knowledge of ARGUS software required.
8. Ability to work with and preserve confidential information required.
9. Excellent oral and written communication skills required.
10. Interpersonal skills necessary to deal effectively and courteously with internal and external contacts required.
11. Excellent organizational skills and high degree of accuracy and attention to detail required.
12. Proven ability to operate Microsoft Office programs and standard office equipment required.
13. Ability to work well with minimal direct supervision.
14. Excellent work record of attendance, punctuality and the ability to maintain a flexible work schedule to meet business needs. Occasional evening, weekend and non-regular work hours may be required.

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.