Executive Director for my529

Executive Director for my529

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.

Special Instructions


Requisition Number: PRN40559B
Full Time or Part Time? Full Time
Work Schedule Summary: Monday - Friday
Department: 01396 - my529
Location: My529 Downtown SLC
Pay Rate Range: $300,000 - $350,000
Close Date: 1/21/2025
Open Until Filled:

To apply, visit https://utah.peopleadmin.com/postings/175424


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