Career Opportunities
 
Career Opportunities With Public Retirement Systems
 
 
See also:

• IFEBP Job Postings
• GFOA Job Postings

Position Openings:

DIRECTOR OF INVESTMENTS, New Hampshire Retirement System

CHIEF INVESTMENT OFFICER, Oklahoma Public Employees Retirement System

EXECUTIVE DIRECTOR, San Francisco Employees' Retirement System

STATE INVESTMENT OFFICER, Nebraska Investment Council

CHIEF FINANCIAL OFFICER, District of Columbia Retirement Board

MANAGER OF QUANTITATIVE STRATEGIES AND RISK MANAGEMENT, NY State Teachers' Retirement System

EXECUTIVE DIRECTOR / CHIEF EXECUTIVE OFFICER, State Universities Retirement System of Illinois

CHIEF INVESTMENT OFFICER, Teachers' Retirement System of Louisiana

GENERAL COUNSEL, Indiana Public Employees' Retirement Fund



New Hampshire

DIRECTOR OF INVESTMENTS
New Hampshire Retirement System

The New Hampshire Retirement System ( www.nhrs.org/) , located in Concord, NH, is seeking a Director of Investments (DOI) to manage all investment staff (3 individuals, including two analysts) and assets of $4.3 billion.

The DOI will report to the Executive Director and provide expert investment counsel to the Board of Trustees and Independent Investment Committee. The DOI directs the investment fund program, including:

  • developing and implementing the overall investment planning and strategy
  • risk management
  • overseeing portfolio management by external managers
  • working with investment consultant(s) and service providers
  • recommending asset allocation

Bachelor's degree required, along with significant investment experience in a complex organization or financial institution.

For information or to apply, contact:
Mary Hobson, Executive Vice President
Elena McCall, Assistant Vice President
EFL ASSOCIATES
303-779-1724
emccall@eflassociates.com

6/30/09


Oklahoma

CHIEF FINANCIAL OFFICER
Oklahoma Public Employees Retirement System

About OPERS
The Oklahoma Public Employees Retirement System is a defined benefit pension plan covering substantially all employees of the State of Oklahoma (the State) except those covered by six other plans sponsored by the State and also covers employees of participating counties and local agencies. OPERS and its board also administer the Uniform Retirement System for Justices and Judges (URSJJ) a defined benefit pension plan covering all Justices and Judges of the Oklahoma Supreme Court, Court of Criminal Appeals, Workers' Compensation Court, Court of Appeals, and District Courts. OPERS serves over 76,000 active and retired members and their beneficiaries; USRJJ has 500 active and retired members and beneficiaries. Assets of OPERS at May 31, 2009 were $ 5.1 billion; USRJJ had $ 183 million in assets.

Responsibilities
As a member of the OPERS management team, the CIO reports to the Executive Director and works closely with the Board of Trustees and its Investment Committee. In conjunction with the Board's investment consulting firm, the CIO provides the Board and the Executive Director with expert professional investment advice. The CIO monitors and oversees OPERS' external investment managers, formulates, evaluates, recommends and implements investment policies and strategies, and proposes changes when necessary, for all of OPERS' assets.

Required Knowledge and Skills
The ideal candidate will have substantial progressively responsible experience in investment related duties within a complex financial organization and knowledge of laws, rules, regulations and professional standards regarding pension fund assets and investments. Other requirements include knowledge of modern portfolio theory and its application, investment analysis, accounting and pension plan management, and a broad understanding of all investment asset classes. A bachelor's degree in a relevant field is required and a CFA designation is strongly preferred.

For more information, or to apply, contact::
Mary Hobson, Executive Vice President
Brittney Schroeder, Associate
EFL ASSOCIATES
303-779-1724
bschroeder@eflassociates.com

posted 6/24/09


California

EXECUTIVE DIRECTOR
San Francisco Employees' Retirement System

The San Francisco Employees' Retirement System (SFERS) is seeking an Executive Director. The Executive Director reports to a seven member Retirement Board and functions as the chief executive officer of the System.

About SFERS
SFERS, located in San Francisco, CA, administers two employee benefit programs for the City and County of San Francisco: the San Francisco Employees' Retirement System Pension Plan, a defined benefit plan, and, the San Francisco Deferred Compensation Plan, an IRS §457(b) Plan. SFERS includes employees of the San Francisco Unified School District, the San Francisco Community College District and Trial Courts, as well as the City and County of San Francisco. SFERS currently serves over 52,000 members (including actives, retirees and beneficiaries). SFERS was 103.8% funded as of its June 30, 2008 valuation.

Responsibilities
The Executive Director, as the most senior executive of SFERS, provides leadership for SFERS in implementing the programs necessary to achieve the mission, goals and objectives established by the Board, and manage the day-to-day affairs of SFERS in accordance with the provisions of the Charter. The Executive Director provides support to the Board and its committees in establishing all policies of the Board, including: identifying and analyzing issues requiring board policy; providing clear, well-supported policy recommendations for consideration by the Board or its committees; provides effective coordination and support to inform the Board's actuarial assumption determinations; and ensuring that all rules, regulations and policies of the Board are properly implemented, with the exception of policies governing the conduct of the Board itself. The Executive Director represents the System with the City and County and other employers, participant organizations and special committees regarding public policy processes; and fulfills ex officio roles. The Executive Director oversees a staff of about 90 employees through four direct reports, including the Deputy Director for Administration and Operations, the Deputy Director for Investments, the San Francisco Deferred Compensation Manager, and the Executive Assistant to the Executive Director.

Required Knowledge and Skills
The ideal candidate will have a bachelor's degree from an accredited college or university; an advanced degree is desired. The ideal candidate will also be a well-rounded leader, with substantial successful leadership experience in a senior level position within a complex organizational environment. Experience in a public pension system is highly preferred, as is experience reporting to and working with a board of directors and a strong knowledge of fiduciary responsibility.

To apply or make a referral, contact:
Mary Hobson, Executive Vice President
Elena McCall, Assistant Vice President
Andrea Forrest, Associate
EFL ASSOCIATES
303-779-1724
emccall@eflassociates.com

posted 6/5/09


Nebraska

STATE INVESTMENT OFFICER
Nebraska Investment Council

The Nebraska Investment Council, located in Lincoln, is searching for a new State Investment Officer. The Council, providing investment management services to state government, is responsible for the management of over $12 billion in assets for multiple plans.

The Council is searching for a senior investment leader from a well-recognized investment organization with a track record of generating returns in excess of appropriate benchmarks. Minimum qualifications and preferences include a Bachelor's degree (Master's preferred); generalist investment knowledge across all asset classes, preference for strong experience in alternative asset classes; and knowledge of complex investment vehicles, and actuarial concepts. A CFA is also preferred.

Investment management experience in a public pension fund is preferred. Applicants from other investment organizations with relevant experience, a proven track record of generating returns in excess of appropriate benchmarks, and the interpersonal skills to effectively work within the public sector will also be considered.

Compensation is designed to attract the best-qualified applicants. Comprehensive health care, retirement benefits, and relocation assistance are also provided. For more information, please contact Jackie Tisch at jtisch@hudepohl.com . NIC is strongly committed to diversity in the workplace. EOE.

Hudepohl & Associates, Inc.
2727 Tuller Parkway, Suite 210
Dublin, OH 43017-2314
Phone: 614-854-7300
Fax: 614-854-7301
www.hudepohl.com

posted 5/14/09


Missouri

ASSISTANT EXECUTIVE DIRECTOR, OPERATIONS
Public School and Education Employee Retirement Systems of Missouri

About PSRS/PEERS
PSRS/PEERS, located in Jefferson City, MO, provides service retirement, disability, and survivor benefits for more than 155,000 active and more than 60,000 retired Missouri public school teachers, school employees, and their families. Together, PSRS and PEERS are one of the 50 largest defined benefit plans in the United States with approximately $22 billion in assets.

Responsibilities
Reporting to the Executive Director, the Assistant Executive Director, Operations functions as the Chief Operating Officer for the System; plans, organizes and directs the operating departments; develops and implements short- and long-range plans; develops and administers operating and capital budgets; and advises the Board of Trustees and department heads.

Required Knowledge and Skills:
A relevant advanced degree, in addition to significant senior level management experience within a public pension system, is preferred. The ideal candidate will also have a demonstrated record of excellent staff and project management skills, as well as outstanding strategic planning skills, fiscal management skills, and relationship-building skills. Equally important, the ideal candidate will have a proven track record utilizing technology to enhance operational performance.

Compensation
Compensation will be commensurate with experience, education and credentials. There is an excellent benefits package.

To apply or make a referral, contact:
Mary Hobson, Executive Vice President
Elena McCall, Assistant Vice President
Andrea Forrest, Associate
EFL ASSOCIATES
303-779-1724
ExecutiveSearch@eflassociates.com

posted 4/14/09


District of Columbia

CHIEF FINANCIAL OFFICER
District of Columbia Retirement Board

The District of Columbia Retirement Board (DCRB) is an independent agency of the District of Columbia Government. Our mission is to manage and control the assets of the D.C. Police Officers' and Firefighters' Retirement Plan and the D.C. Teachers' Retirement Plans as well as to administer benefits for the members of the plans.

DCRB located in Washington DC, is seeking a Chief Financial Officer.

The Chief Financial Officer is a key senior staff position responsible for the supervision and oversight of the District of Columbia Retirement Board's (the "DCRB" or the "Agency") financial activities. Working closely with the Executive Director of the Agency, the Chief Financial Officer sets the tone for management and staff at the DCRB to foster ethical and responsible decision-making, professional and appropriate management, and best-in-class financial governance practices. The CFO reports to the Executive Director and supervises seven positions.

Requirements

  • CPA certification (or equivalent) or MBA required, with
  • 5+ years of public accounting experience.
  • At least 10 years of experience with the responsibility for accounting and budgeting with experience interacting with multiple governmental agencies. Public pension plan experience preferred.
  • Experienced in the oversight of major systems development and implementation.

For More Information
Visit our Employment Opportunities link at www.dcrb.dc.gov for the complete position description, requirements, application procedures and contact information.

posted 3/23/09


New York

MANAGER OF QUANTITATIVE STRATEGIES AND RISK MANAGEMENT
NY State Teachers' Retirement System

The New York State Teachers' Retirement System, one of the 10 largest public pension systems in the nation, is seeking a Manager of Quantitative Strategies and Risk Management. The position will oversee a team responsible for managing quantitative equity portfolios. Specific responsibilities include leading and supervising quantitative projects, quantitative research and analysis, portfolio monitoring and performance analysis, and financial modeling and back testing for the purpose of improving existing strategies and developing and testing new alpha generating models.

The successful candidate must have a graduate degree in Finance, Economics, Engineering, Statistics, or closely related quantitative discipline and 10 years related professional experience, including 5 years managing teams. Experience should include quantitative investment management, portfolio management and trading, quantitative research, analysis and risk management, and utilization of quantitative tools, optimizers and risk models. CFA highly desirable.

The successful candidate should also possess a strong knowledge of both financial and statistical theory and practice, and financial statement analysis and equity valuation. Strong communication skills are a must, especially as they relate to communication of quantitative topics and concepts. Also essential is meticulous attention to detail and the ability to mentor team members and handle multiple projects simultaneously.

Management of multiple assets classes, including international equity portfolio management, derivative experience and experience working with investment consultants is preferred.

Benefits include defined benefit pension plan, generous paid leave benefits, comprehensive health, dental and vision benefits and deferred compensation plan. Salary based on qualifications.

To apply, complete application and submit resume to:
NYSTRS
ATTN: Beth Bonacquist
Manager of HR
10 Corporate Woods Drive
Albany, NY 12211-2395

posted 2/16/09


Illinois

EXECUTIVE DIRECTOR / CHIEF EXECUTIVE OFFICER
State Universities Retirement System of Illinois

Located in Champaign, IL, the State Universities Retirement System of Illinois (SURS http://www.surs.com) administers benefits and approximately $11B in assets for over 180,000 members.

Reporting to a nine-member Board of Trustees, the Executive Director/Chief Executive Officer (ED/CEO) directs a staff of 120 through six direct reports, including a Chief Investment Officer. The ED/CEO also serves as the chief governmental/legislation liaison with the General Assembly, its committees, and other governmental entities as necessary.

Requirements: The ideal candidate will possess an advanced degree and progressive management responsibility culminating in a senior management position in a public pension fund. Outstanding leadership attributes, excellent communication skills, professional presence and maturity, and sensitivity to issues of managing a public trust fund are a must. The ideal candidate will also have strong people and process management skills, political acumen, strategic agility, and the highest integrity and ethics.

Compensation and Benefits: Compensation (base salary plus excellent benefits) will be based upon experience, credentials, and personal characteristics of the candidate. Relocation expenses will be negotiated on an individual basis.

For more information, or to apply, contact:
Mary L. Hobson, Executive Vice President & Managing Director
Elena McCall, AVP
EFL Associates
303-779-1724
emccall@eflassociates.com

posted 1/21/09


Louisiana

CHIEF INVESTMENT OFFICER
Teachers' Retirement System of Louisiana

Located in Baton Rouge, Louisiana, the Teachers' Retirement System of Louisiana (TRSL http://www.trsl.org ) administers benefits and approximately $11B in assets for over 150,000 active members and retirees.

Responsibilities: The CIO reports to the Executive Director and works closely with the 16-member Board, which holds fiduciary duty and responsibility for investment decisions. The CIO provides investment expertise and oversight to the TRSL portfolio; manages the strategic program for investment and monitoring of TRSL assets; and, participates in the planning, budgeting, legislative efforts and business strategy for the System.

Requirements: The ideal candidate will possess an advanced degree and a CFA, and will have significant experience in a public pension plan culminating in responsibility for the formulation and/or implementation of investment policy for substantial portfolios utilizing all major asset classes.

Compensation and Benefits: Compensation (base salary plus excellent benefits) will be based upon experience, credentials, and personal characteristics of the candidate. Relocation expenses will be negotiated on an individual basis.

For more information, or to apply, contact:
Mary L. Hobson, Executive Vice President & Managing Director
Elena M. McCall, Assistant Vice President
EFL Associates
303-779-1724
emccall@eflassociates.com

posted 1/22/09


Indiana

GENERAL COUNSEL
Indiana Public Employees' Retirement Fund

With more than $17 billion in assets under management at fiscal year-end 2007, the Indiana Public Employees' Retirement Fund (PERF) is among the largest 100 pension funds in the United States. The fund serves the needs of more than 220,000 public employees and retirees representing more than 1,200 employers including public universities, school corporations, municipalities and state agencies.

Indiana PERF has an immediate need for the following executive position in their Legal Division:

General Counsel
Responsible for executive-level management of the Legal Department. This individual will serve as legal counsel to the Board of Trustees and hold the position of Ethics Officer.

Minimum Qualifications for General Counsel:

  • JD degree from accredited law school
  • License to practice law in Indiana or ability to gain Indiana licensure
  • 5 - 10 years legal experience either in a law firm or in-house position
  • Experience in the field of investments, financial services and/or employee benefits
  • Must possess excellent writing and communication skills and be able to present ideas and opinions clearly

Suggested Qualifications for General Counsel:

  • Multi-disciplinary legal experience or general counsel experience
  • Experience in regulatory or statutory legal interpretation
  • Legislative or lobbying experience

Salary will be commensurate with candidate's background and experience.

For additional information, please contact PERF Human Resources at jgurney@perf.in.gov.

posted 7/07/08