Director of Investments

University of Utah - Director of Investments

Job Title: Director, Accounting & Finance

Working Title: Director of Investments

Job Grade: H

FLSA Code: Executive

Full Time or Part Time: Full Time

Location: Salt Lake City, UT

Close Date: 10/18/2024

Job Summary:

The University of Utah is seeking to recruit a Director of Investments to oversee the management and performance of the University of Utah’s endowment investments. This individual will act as a liaison between the University, the University of Utah Growth Capital Partners (UUGCP), and the Outsourced Chief Investment Officer (OCIO), ensuring the endowment supports the university’s long-term financial goals and strategic priorities. This position will report to the Associate Vice President, Debt & Asset Management (Treasury).

Responsibilities:

1. Investment Advisory Committee (IAC) Management:
   • Organize quarterly IAC meetings.
   • Develop agendas, prepare meeting materials, and ensure effective communication among committee members.
2. Audit Preparation and Compliance:
   • Prepare comprehensive documentation for internal and external audits.
   • Focus on the annual investment audit and ensure all necessary schedules and reports are accurate and complete.
3. Regulatory Reporting:
   • Provide detailed and accurate investment information to the Utah Board of Higher Education as required.
   • Ensure compliance with state regulations and reporting standards.
4. Financial Analysis and Reporting:
   • Conduct monthly financial analysis of the endowment pool to monitor and report on financial performance.
   • Provide insights and recommendations based on analytical findings.
5. Operational and Compliance Oversight:
   • Engage in regular operational discussions with the OCIO.
   • Monitor compliance with the University’s Memorandum of Understanding (MOU) and other contractual obligations.
6. Strategic Coordination with DSO:
   • Work with UUGCP to develop and implement investment strategies and priorities.
   • Align strategic and tactical asset allocation decisions with state parameters and university objectives.
7. Endowment Payout Management:
   • Ensure endowment payouts align with the needs and priorities of the University of Utah.
   • Coordinate with various stakeholders to optimize the utilization of endowment funds.

Minimum Qualifications:

Please refer to the detailed job profile for specific qualifications.

Additional Information:

The University of Utah is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran’s status.