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CHIEF OPERATING OFFICER, DUMAC
Job Title: CHIEF OPERATING OFFICER, DUMAC
Job Code: 1663
FLSA: E
Job Level: 98
Revised Date: 10/01/2017
Job Family: JF 28
Occupational Summary
Direct and monitor all operational and support activities of the Duke University Management Company (DUMAC).
Work Performed
Develop and implement policies and procedures to ensure integrity of DUMAC financial data; prepare DUMAC financial statements; develop budgets and monitor performance to budget ensuring cost control; prepare and ensure timely filing of tax returns and other externally required reports; provide reports on operations as requested by President and Board.
Monitor portfolio accounting activities to ensure adequate supervision, staff, policies and procedures; maintain timely and accurate data on all investment transactions; manipulate data to provide meaningful information and report information for maximum usefulness.
Monitor investment administration to ensure appropriate documentation and communication of policies and restrictions, the decision making process and final decisions; monitor and report on compliance with policies, restrictions or decisions; monitor settlement process and custodian activity ensuring timely and accurate consummation of investment transactions.
Monitor general administrative and support activities including, but not limited to, personnel administration, development of documents ranging from contract agreements to graphic presentations, statistical and analytical support for decision making and performance evaluation, provision of adequate clerical support to other units of DUMAC and the development and implementation of internal computer support.
Assist in the evaluation of economic conditions and overall portfolio positions, recommend changes in strategy or asset mix, and determine which investments to make and/or recommend to the DUMAC Board for approval.
Supervise analyst and other staff members as appropriate.
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.
Duke University is an Affirmative Action/Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or veteran status.
Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas-an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.
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.
