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PRESIDENT, DUMAC

Job Title: PRESIDENT, DUMAC
Job Code: 1406
FLSA: E
Job Level: 98
Revised Date: 04/03/1998
Job Family: JF 28

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Occupational Summary

Plan and direct day to day operations and investment activities of the Duke University Management Company (DUMAC), and coordinate its interface with the Duke University administration.

Work Performed

Serve as Chief Executive Officer of DUMAC; set strategy and direct all areas of operations; ensure implementation of the University Trustees and DUMAC Boards investment policies and overall investment management directives.

Serve as a voting ex officio member of the DUMAC Board of Directors and Executive Committee; represent principal contact between Board and DUMAC operations.

Chair Investment Policy Committee, responsible for overall management of DUMAC portfolios, investment strategies, and economic analysis; make final decision on which investments to make and/or recommend to the DUMAC Board for approval.

Supervise senior staff in each major area of the company.

Submit a proposed annual budget for DUMAC to the Board of Directors and Trustee Executive Committee prior to the beginning of the fiscal year covered by the budget.

Report annually to the Trustee Executive Committee on the operations of Duke Management Company.

Recommend to the Board of Directors persons to be officers of the management company other than the president.

Perform other related duties incidental to the work described herein.

The above statements describe the general nature and level of work being performed by individuals assigned to this classification. This is not intended to be an exhaustive list of all responsibilities and duties required of personnel so classified.

Required Qualifications at this Level

Education/Training

N/A

Experience

OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE

Skills

N/A


The intent of this job description is to provide a representative and level of the types of duties and responsibilities that will be required of positions given this title and shall not be construed as a declaration of the total of the specific duties and responsibilities of any particular position. Employees may be directed to perform job-related tasks other than those specifically presented in this description.


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Essential Physical Job Functions

Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.