Senior Acquisition Officer or Officer 2

STRS Ohio, STRS 

The State Teachers Retirement System of Ohio (STRS Ohio) is seeking a Senior Acquisition Officer or Officer 2 to join its Atlanta, GA based Investments team. 

Established in 1920 and serving Ohio’s educators, STRS Ohio is one of the nation’s premier retirement systems serving over 500,000 active, inactive, and retired public-school teachers, and university faculty members, managing approximately $88 billion 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:
Competitive Pay

General Summary:

Under the direction of the South regional director, source, research and underwrite real estate investment opportunities, make recommendations, and close real estate investment transactions.

Summary of Responsibilities Grade 312:

• Research potential real estate investments and determine suitability relative to current investment guidelines.
• Make recommendations regarding specific real estate investment opportunities based on market data, tenant credit analysis, market interviews and financial modeling.  Evaluate and recommend appropriate investment structures and joint venture partner qualifications.
• Maintain contact with existing partners, developers, leasing agents, mortgage bankers, and other real estate-related contacts to track current investment trends and opportunities while simultaneously developing new sources.
• Assist in coordinating and managing the underwriting and due diligence processes with appropriate individuals including making necessary presentations for purposes of seeking approval from any real estate investment related committee.
• Negotiate transaction related legal documents in consultation with assigned legal counsel.

 Summary of Responsibilities Grade 314:

• Operate independently to originate potential real estate investments and determine suitability relative to current investment guidelines.
• Underwrite and make recommendations regarding specific real estate investment opportunities based on market data, tenant credit analysis, market interviews and financial modeling.  Evaluate and recommend appropriate investment structures and joint venture partner qualifications.
• Maintain contact with existing partners, developers, leasing agents, mortgage bankers, and other real estate-related contacts to track current investment trends and opportunities while simultaneously developing new sources.
• Responsible for coordinating and managing the underwriting and due diligence processes with appropriate individuals including making necessary presentations for purposes of seeking approval from any real estate investment related committee.
• Negotiate transaction related legal documents in consultation with assigned legal counsel.

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 312:

• Master's degree in business administration, economics, finance, or related field preferred; bachelor's degree and closely related work experience may substitute for the advanced degree.
• Five years experience in acquiring properties of an institutional nature required.

• General experience and familiarity with a diverse range of property types and financial structures including joint ventures required.
• Excellent negotiating and underwriting/analytical skills required
• Superior oral and written communication skills.

Summary of Qualifications Grade 314:

• Master's degree in business administration, economics, finance, or related field preferred; bachelor’s degree and related experience may substitute for the advanced degree.
• Seven to ten years real estate experience with a heavy emphasis on institutional acquisitions required.
• Comprehensive experience and familiarity with a diverse range of property types and financial structures including joint ventures.
• Possess an established network of owner, developer, and broker relationships to facilitate sourcing of opportunities.
• Excellent negotiating and underwriting/analytical skills required.
• Superior oral and written communication skills.