• Assistant Director of CRE Equity Investments

    NYSTRS (Albany, NY)


    Assistant Director of CRE Equity Investments

    **Department:** Real Estate

    **Location:** Albany, NY

     

    Apply by: All applications must be submitted by 5:00 pm on Sunday, August 3, 2025. Applications received after 5:00 pm will not be considered.

    Position Summary

    The Assistant Director of CRE Equity Investments (Acquisitions) will work collaboratively with the Director of CRE Equity Investments and other Real Estate department management to formulate and implement the equity real estate investment strategy.

    Minimum Qualifications

    + A bachelor-s degree in business, finance, accounting, or a related field; **AND**

    + Six (6) years of professional investment experience including at least three (3) years analyzing, evaluating, recommending, or monitoring institutional private and/or public market investments; **AND**

    + Three (3) years in a supervisory or management role

    Preferred Qualifications

    + Excellent communication, writing and presentation skills

    + Proven leadership and project management skills

    + Demonstrated experience in analyzing complex investment structures

    + Superior analytical and critical thinking skills

    + Previous financial analysis experience

    + Ability to work in a team environment, providing and accepting input/feedback on transactions

    + Previous real estate experience and knowledge

    + Computer literacy including familiarity with Microsoft products

    + Commitment to providing exceptional customer service

    + Excellent interpersonal skills

    + Master-s degree in accounting, business administration, economics, finance, mathematics, statistics, engineering or a closely related field

    + Possessing or pursuing one or more of the following certifications: CFA, CPA, CCIM, CAIA

     

    Work Modality

     

    This position is subject to a hybrid work schedule.

    Job Duties

    The duties of the Assistant Director of CRE Equity Investments include, but are not limited to, the following:

    + Identify, evaluate and underwrite new or additional equity investments through the following investment vehicles: separate accounts, commingled funds, joint ventures and public real estate securities

    + Manage, either directly or in collaboration with NYSTRS real estate advisors, the investment due diligence process

    + Together with NYSTRS counsel, or special counsel, assume responsibility for the negotiation and approval of appropriate investment documents

    + Oversee junior staff participation in all acquisitions related activities

    + Perform property and market inspections as necessary

    + Attend industry conferences, trainings and meetings as necessary to stay abreast of industry trends and to establish business relationships

    + Establish relationships with peer institutional investors to compare/contrast portfolio strategies and opportunities

    + Prepare and make presentations to the Internal Investment Committee, the Real Estate Advisory Committee and the Board

    Other Duties and Responsibilities:

    + Assist in training, mentoring and supervising student interns and Investment Fellows as needed

    + Monitor commingled fund performance to identify drivers of performance, conflicts and concerns

    + Represent NYSTRS at LP advisory committee meetings as needed

    + Participate in the preparation of the portfolio strategic plan

    Travel and Work Environment

    + Periodic travel is required

    + Business needs may require working outside of normal business hours

     

    Salary Grade

     

    Assistant Manager (AM)

     

    Salary Range

     

    $160,786 - $180,965

     

    Job Type

     

    Management/Non-Civil Service

    EEO STATEMENT

    At NYSTRS, diversity, equity, and inclusion are integral to our mission of providing our members with a secure pension and exceptional customer service. We are committed to fostering an inclusive and equitable culture where all diversity is valued and recognized as a source of strength and enrichment across all operations.

     

    NYSTRS is proud to provide equal opportunities to all employees and qualified applicants without regard to race, color, religion, creed, sex, gender expression or identity, national origin, age, ability and disability status, veteran status, marital status, pregnancy status, sexual orientation, citizenship, or any other legally protected class. We are committed to being a workplace that attracts, supports, and retains talented individuals from diverse backgrounds and experiences while championing equal opportunity across recruitment, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

     

    All applications to NYSTRS should be done via our** **website (https://nystrs.hrmdirect.com/employment/job-openings.php?search=true&dept=-1&city=-1&state=-1)** **. NYSTRS will never ask you to submit private information via email or direct you to submit private information to another site as part of our recruitment process.