Job Information
University of Utah Executive Director for my529 in Salt Lake City, Utah
Details
Open Date 12/09/2024
Requisition Number PRN40559B
Job Title Executive Director for my529
Working Title Executive Director for my529
Job Grade 023
FLSA Code Executive
Patient Sensitive Job Code? No
Standard Hours per Week 40
Full Time or Part Time? Full Time
Shift Day
Work Schedule Summary
Monday – Friday
VP Area President
Department 01396 - my529
Location My529 Downtown SLC
City Salt Lake City, UT
Type of Recruitment External Posting
Pay Rate Range $300,000 - $350,000
Close Date 01/21/2025
Priority Review Date (Note - Posting may close at any time) 12/23/2024
Job Summary
The Executive Director for my529 is responsible for developing and directing my529’s strategic plan, overseeing leadership, financial management, operations, and compliance functions. They ensure long-term profitability, growth, and regulatory compliance while managing investments, asset allocation, and budget priorities. This role includes providing executive oversight for cybersecurity, business continuity, and marketing, as well as guiding new business development and community outreach. They also represent the organization to external stakeholders, including media and legislative representatives, while also supervising employee development.
Responsibilities
Develops and directs the organization’s strategic plan under the oversight of the Utah Educations Savings Board of Trustees.
Oversees and directs the organization’s overall leadership, strategic development, policies, objectives, and initiatives.
Oversees financial management including monitoring and assessing financial investments, asset allocation, investment manager selection and fees.
Oversees and provides executive leadership for the organization’s operational, financial, information technology, compliance and marketing functions and their strategic planning, implementation, evaluation and management; provides overall responsibility for the organization’s short- and long-term profitability and growth.
Determines budget and financial priorities.
Monitors industry technology, data, and financial industry trends and changes in tax law and federal privacy regulations.
Oversees and provides executive leadership for the organization’s cybersecurity and business continuity.
Provides and presents information to the Utah Education Savings Board of Trustees, Investment Advisory Committee, and Utah Board of Higher Education.
Establishes and reviews the organization’s policies and procedures; ensures regulatory and legal compliance.
Oversees contract administration and negotiation processes and compliance.
Oversees and establishes strategies for new businesses and product development through marketing, promotions, and community outreach opportunities.
Attends and participates in various board, management, and committee meetings; provides and presents financial analysis on relevant issues; makes presentations to community groups.
Represents the organization and acts as a lead liaison for various external agencies and the media; establishes good working relations and collaborative arrangements to help achieve organizational goals; interacts and communicates with outside media.
Works with legislative representatives to get legislation passed that supports organizational goals; drafts, recommends, and monitors legislation relating to college saving plan laws and regulations.
Oversees employee development, supervision, and evaluation of performance.
Keeps current on industry trends and best practices.
Reports to and works under the guidance of the Commissioner of Higher Education.
In-state and out-of-state travel is required.
my529 has reviewed this job description to ensure that essential functions and basic duties have been included. It is intended to provide guidelines for job expectations and the employee’s ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and my529 reserves the right to change this job description and/or assign tasks for the employee to perform, as my529 may deem appropriate.
Minimum Qualifications
Education:
Master’s degree in Accounting, Finance, MBA , or MPA .
Professional certifications including Certified Public Accountant ( CPA ), Certified Financial Planner ( CFP ), and/or Chartered Financial Advisor ( CFA ) preferred.
Experience:
Ten (10) years demonstrated experience performing leadership and executive management functions at a CEO level.
Ten (10) years demonstrated technical experience with accounting, auditing, legal, and tax policies as it relates to compliance, contracts, disclosures, advertising and securities rules and laws.
Five (5) years demonstrated management experience with financial services back office operations.
Five (5) years demonstrated experience with legislative and regulatory compliance.
Reasonable Accommodations
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
Preferences
Due to the nature of this position, strong preference will be given to candidates already local to Utah. Additionally, please note that we are unable to provide relocation assistance.
Type Benefited Staff
Special Instructions Summary
Additional Information
The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS’ post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.
This position may require the successful completion of a criminal background check and/or drug screen.
The University of Utah values candidates who have experience working in settings with students and patients from all backgrounds and possess a strong commitment to improving access to higher education and quality healthcare for historically underrepresented students and patients.
All qualified individuals are strongly encouraged to apply. Veterans’ preference is extended to qualified applicants, upon request and is consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.
my529 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. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.
To request a reasonable accommodation for a disability or if you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity and Affirmative Action ( OEO /AA). More information, including the Director/Title IX Coordinator’s office address, electronic mail address, and telephone number can be located at: https://www.utah.edu/nondiscrimination/
Online reports may be submitted at oeo.utah.edu
https://safety.utah.edu/safetyreport This report includes statistics about criminal offenses, hate crimes, arrests and referrals for disciplinary action, and Violence Against Women Act offenses. They also provide information about safety and security-related services offered by the University of Utah. A paper copy can be obtained by request at the Department of Public Safety located at 1658 East 500 South.
