State of Connecticut Executive Branch

Deputy Chief Investment Officer - Office of the State Treasury (2934VR)

$0.01-$478.93 Hourly / $0.00-$0.00 BiWeekly /
$1.00-$999,999.00 Yearly

PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Office of the State Treasurer, Pension Fund Management Division, this class is accountable for serving as deputy to the Chief Investment Officer in administering the programs and staff of the division and assisting the State Treasurer in the administration of invested pension and trust funds.

SUPERVISION RECEIVED

Receives executive direction from the Chief Investment Officer.

SUPERVISION EXERCISED

Serves as the Deputy Chief Investment Officer of the Pension Fund Management Division; directs administrative, professional, support and clerical staff as assigned.

EXAMPLES OF DUTIES

Assists in the administration of staff and operations of the Pension Fund Management Division; assists in the direction of the day-to-day administration of the pension fund program; formulates program goals and objectives and assures implementation of same as assigned; develops or assists in development of related policy; interprets and administers pertinent laws; provides oversight to investment fund managers, consultants and custodians; negotiates and administers investment and service contracts; reports specific aspects of fund operations, performance, and compliance with asset allocation policies to the State Treasurer and the Investment Advisory Council; participates in all pension fund decisions including developing, implementing and/or modifying the asset allocation plan and investment policy, and hiring, retaining or terminating investment managers or service providers; evaluates staff performance; provides or directs staff training and development; may assist in budget preparation; performs related duties as required.

APPOINTMENT

Appointed by the State Treasurer in accordance with Section 3-13a of the Connecticut General Statutes.

COMPENSATION GUIDELINES

Compensation shall be determined by the State Treasurer within a salary ranged established by the Treasurer in consultation with the Investment Advisory Council in accordance with Section 3-13a of the Connecticut General Statutes. Note: Incumbents in this class are subject to the policies governing appointed officials. Incumbents are not subject to Section 5-210 of the Connecticut General Statutes.

JOB CLASS DESIGNATION

Unclassified

OCCUPATIONAL GROUP

(04)-Business Management

BARGAINING UNIT

(01)-EXEMPT/ELEC/APPOINT

EEO

(1)-Officials And Administrators

SALARY INFORMATION

VR 99

CANCELLATION CLAUSE

New Class.

EFFECTIVE DATE

10/14/2009
CLASS: 2934VR; EST: 10/14/2009;