Illinois, United States
Salary Not Specified
Nov 02, 2020
Employment Level
Employment Type
Full Time

At DePaul University, we are looking for candidates who want to join us in our mission to provide access to education for all. Successful candidates welcome ideas and perspectives from colleagues and students representing a wide variety of cultures, backgrounds, religious beliefs, and experiences. We seek collaborative, open-minded and hard working professionals who want to bring their passion and skills to our university.

The Treasurer is the financial officer of the university responsible for cash management and short-term investing, treasury operations, management of the institution’s long-term debt portfolio, the administration of the university’s endowment and other long-term investment portfolios, and commercial real estate leasing and operations. The Treasurer also serves as a fiduciary of the university’s defined contribution retirement plan. The Treasurer is responsible for banking and borrowing activities on behalf of the institution and serves as the primary liaison with credit rating agencies and bondholders.

Reporting to the Executive Vice President, the Treasurer works in partnership with senior and executive leadership of the institution to identify, recommend and implement strategies for effectively managing financial assets and real property. The Treasurer provides reporting and analysis to the Board of Trustees through participation in the meetings of its Finance Committee, serves as the institutional liaison with its Investment Committee, and staffs other board committee meetings as needed.

To view the detailed leadership prospectus, visit:

Responsibilities & Duties

Manages banking, borrowing and cash forecasting activities sufficient to provide for the day-to-day liquidity needs of the institution, preserve principal within cash and working capital accounts, ensure compliance with university cash management policies and generate an acceptable risk-adjusted return.

Supervises and ensures the integrity of all fund disbursement activities including wire transfers, check printing and fraud protections, payment card processor activities (including PCI-DSS compliance), fund escheatment processes and prepaid debit card usage.

Develops and implements recommendations associated with institutional capital finance and borrowing strategies with the intent of assuring adequate access to external capital at acceptable rates.

Manages bond issuance process and oversees post-issuance compliance efforts including the timely completion of continuing disclosure and related filing requirements.

Manages bondholder and credit rating agency relations and represents the interests of the university in its dealings with underwriters, financial advisors, bond counsel, conduit issuers, and other related relationships.

Oversees the University Investments Office, which is responsible for administering the endowment and other long-term investment portfolios of the institution and supporting the fund management decisions of the Board of Trustees Investment Committee.

Manages university relationships with investment advisors and fund custodians and ensures ongoing compliance with institutional investment policies.

Provides for internal controls sufficient to adequately safeguard investment assets.

Oversees the University Real Estate Office, which is the lessor of 350,000 square feet of office, retail and parking space to three dozen commercial tenants.

Also manages university-as-lessee relationships at downtown, neighborhood and suburban campuses.

Oversees property tax payment and exemption processes.

Serve as principal negotiator in non- commercial acquisitions, dispositions and development projects.

Performs other duties as assigned.

Education & Experience

BA Finance, Accounting or Related Discipline.

At least 10 years of demonstrated effective financial and professional management experience.

Preferred Requirements

MBA/MS Finance or Accounting.

Experience with 403(b) defined contribution retirement plan administration and investment.

Private higher education experience in a complex organization with a minimum budget of $200 million.

Direct experience in capital finance and/or investment administrations.

Experience in real estate management.

Managerial Responsibilities

Oversees a total staff of 15 full time positions.

Financial Responsibilities

As of FYE 06/30/2020

Bonds indebtedness: $289 million

Total cash and investments: $977 million

Credit line capacity: $90 million

Other Skills & Abilities Required

Work experience with capital and financial markets and related services providers.

Well-developed negotiations, project leadership and collaboration skills, including lease and supplier contract negotiations experience.

Demonstrated ability to identify and mitigate operating and financial risks, utilizing strong creative problem-solving skills.

Effective written and verbal communications skills, including the ability to clearly and concisely articulate complex concepts in meetings, presentations, and in writing to successfully recommend courses of action to executive management and board members.

Proven advanced quantitative analysis and presentation skills with a solid understanding of financial valuation methods, statistical analysis, investment analysis, and other information modeling techniques.

Effective utilization of technology required with proficiency in standard office productivity applications.

Proven track record in diverse staff development, coaching, performance management and the use of inclusive decision-making to meet organizational objectives.

Additional Information

You must submit a cover letter with your application to be considered for the position.

An offer of employment for this position will be contingent upon the successful completion of criminal and financial background checks.

Salary & Benefits Package:

DePaul offers a comprehensive package including competitive pay and benefits to attract and retain the best talent in order to further the University's mission. For more information, please visit the following page:

Full Benefits

For consideration, please apply to our job board below:


DePaul University is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, national origin, age, marital status, physical or mental disability, protected veteran status, genetic information or any other legally protected status, in accordance with applicable federal, state and local EEO laws.