Thursday, April 9, 2015

Dir/CIO, Utah School and Trust Fund - Salt Lake City, Utah

Director/Chief Investment Officer, The State of Utah School and Institutional Trust Fund - Salt Lake City, Utah

Title: Director/Chief Investment Officer
Employer: The State of Utah School and Institutional Trust Fund
Job Location: Salt Lake City, Utah

Short Description:
The State of Utah School and Institutional Trust Fund (SITFO) is seeking its first Director/Chief Investment Officer to establish the School and Institutional Trust Funds Office (the Office) and work with the five-member Board to: establish investment policies and develop an appropriate portfolio structure, prudently invest the assets, and monitor performance on an ongoing basis; administer the Office, and ensure compliance with federal and state law and regulations. Assets in the Trust Funds currently total slightly over $2B.

The Director has broad authority to manage the Office to fulfill its purposes, consistent with federal and state laws and Board policies. The Director will work with the Board to establish investment policies and an appropriate asset allocation, and ensure that inter-generational equity is considered in investing the Trust Funds’ assets. In addition to investment responsibilities, the Director will have administrative reporting and compliance responsibilities.

The ideal candidate will have progressively responsible investment management experience (ideally 10 years) in a complex institutional investment organization with experience developing asset allocation and broad asset class exposure and knowledge; understanding of the goals and objectives of a perpetual trust, the principle of intergenerational equity, and the issues involved in creating a spending policy for a trust or endowment. An advanced degree and the CFA charter are preferred.
Contact: For more information, to make a referral, or to apply, please contact:

Christine Stearns
Research Associate
EFL Associates

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