The Board of
Trustees of the Minnesota Teachers Retirement Association is conducting a
search for a visionary leader to serve as its Executive Director. Reporting directly to the 8-member Board, the
position serves as the Chief Executive Officer with responsibility for
strategic business planning, administration and operation of the organization
with 93 staff members. The main office
is located in St. Paul with satellite offices in Detroit Lakes, St. Cloud,
Duluth and Mankato.
The Minnesota
Teachers Retirement Association (TRA) administers a defined benefit program for
nearly 190,000 active, deferred, disabled and retired public school teachers
and some state university faculty throughout Minnesota, with $20 billion in
assets. The executive director is
responsible for managing the organization and acting as advisor to its board of
trustees. The executive director also
serves as a fiduciary on the State Board of Investment’s Investment Advisory
Council which oversees the investment of state and pension assets of
approximately $85 billion.
The qualifications of a successful
candidate include:
• A
bachelor's or advanced degree in accounting, finance, business administration
or a closely related field is preferred.
• A minimum
of five years of progressively responsible executive level management
experience in a position with responsibility for the governance, management or
administration of a pension plan/retirement plan.
• Knowledge
of accounting/financial management, investment policy, information technology,
actuarial science and statutory/regulatory compliance.
• Experience
in pension plan administration, including risk management.
• Ability to
manage and lead retirement system staff.
• Ability to
understand and analyze complex financial data and actuarial reports.
• Ability to
assist the board in setting strategic vision and goals for retirement system.
• Direct
experience or working familiarity with formal strategic business planning,
including goal-setting and formal metrics.
• Experience
working effectively with members, key stakeholders (bargaining groups/unions,
employer representatives, retiree representatives), actuaries, attorneys, media
and other pension plan administrators.
• Experience
working with legislators, public officials and other policy makers regarding
pension-related state and federal legislation and laws.
• Demonstrated
effective leadership skills working with staff and external stakeholders and
interest groups.
• Strong
communication skills, orally, electronic and in writing including experience
implementing effective and innovative communications strategies to reach all
members.
• Experience
in creating effective collaborative work environments within a customer
service-oriented culture.
TRA offers a
competitive compensation package, including an industry competitive salary
range of $120,000 to $172,463.
Interested and
qualified candidates should submit a resume and letter of interest to:
Wayne Brede
Human Resource Office
State Retirement Systems
60 Empire Drive, Suite 235
St. Paul, MN 55103-4000
The application deadline is July 12,
2017.
