Review Vacancy
AgencyTeachers' Retirement System
TitleTRS Investment Officer 1 (CRE Investments)
Occupational CategoryFinancial, Accounting, Auditing
Bargaining UnitCSEA Local 658 (NYS Teachers’ Retirement System)
Salary RangeFrom $61215 to $76450 Annually
Minimum Qualifications A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering or in a closely related field, and two years of professional investment experience.
Qualifying experience includes:
Investment-related duties reflecting a fundamental knowledge of the financial markets and an understanding of the economic forces that impact the financial markets, or analysis of financial or economic data; investment risk or portfolio management; investment operations; investment compliance, investment auditing, investment accounting, and quantitative analysis.
Commercial real estate investing (investment acquisitions or asset management) or commercial mortgage lending, specifically involving the financing, investing in, leasing of, or asset management of large commercial real estate assets (generally properties worth $10 million or more);
Non-qualifying experience includes: Activities applicable to small commercial properties (e.g., two to four family homes), the sale or brokerage of single-family homes, or experience marketing or selling financial service products to individuals, as performed by financial advisors and stockbrokers.
Substitutions: Successful completion of all three levels of the CFA exam may substitute for two years of experience; a Chartered Alternative Investment Analyst (CAIA) designation, a Certified Commercial Investment Member (CCIM), a Member of the Appraisal Institute (MAI), or a Certified Public Accountant (CPA) may substitute for one year of experience; and a master’s degree in Business Administration concentrating in Finance or a closely related concentration may substitute for two years of experience.
Duties Description The duties of the TRS Investment Officer 1/Trainee will include, but are not limited to, the following:
• Participate in the analysis of commercial mortgage debt investments
• Participate in the analysis of debt commingled fund and debt separate account investment opportunities
• Participate in the oversight and asset management of real estate debt investments
• Participate in property and market site inspections related to investment opportunities
• Assist in the preparation and submission of written investment recommendations to IIC, REAC and the Board
• Participate in presentations on investment opportunities/pipeline to IIC, REAC and the Board
• Attend advisory board meetings as needed
• Attend conferences, conventions and meetings as necessary to stay abreast of industry trends and establish/maintain business relationships
• Travel required
Additional Comments Preferred Qualifications:
• Critical thinking skills
• Ability to work in a team environment, providing and accepting input/feedback on transactions
• Commitment to providing exceptional customer service
• Excellent communication skills
• Excellent interpersonal skills
• Previous financial analysis experience
• Computer literacy including familiarity with Microsoft products
• Experience acquiring and/or disposing of properties
• Previous real estate experience and knowledge
• Experience leasing properties
• Experience managing properties
• Experience financing properties
• Experience with commercial business accounting
• Experience analyzing financial statements
• Experience researching market data
• Master’s degree in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering or in a closely related field
Some positions may require additional credentials or a background check to verify your identity.
Email Address nystrshr@nystrs.org
Address
Street 10 Corporate Woods Drive
Notes on ApplyingThe link to the employment application is:
http://nystrs.peopleadmin.com/postings/2990
Please note that resumes will not be accepted as a substitute, in whole or part, for a completed application.
Inquiries regarding vacancy postings, minimum qualifications, or application procedures may be made by email to nystrshr@nystrs.org. You can reach us by phone at (518) 447-2906.