The Pension System was created to hold and manage the Oklahoma Firefighters Pension and Retirement Fund and to provide retirement and pension benefits for all eligible firefighters and beneficiaries in the State of Oklahoma. Currently, there are approximately 25,000 active and retired members as well as beneficiaries in the Pension System, with assets in excess of $ 2.5 billion. The legal and fiduciary responsibility for the policies and rules for the general administration, management and operation of the Pension System is vested in the Board of Trustees.
Executive Director's Essential Duties
The Executive Director’s essential duties include the following:
1. With advice and counsel from the Board, achieve the long-term policies and strategic objectives established for the Pension System by the Board, including as necessary:
a. Determining the appropriate methods for attaining the Board established policies and strategic objectives.
b. Directing the Pension System employees in furtherance of those objectives.
c. Ensuring that management activities and decisions are within Board approved policies.
2. Monitor the working relationship between the Pension System staff person(s), investment managers, consultants and any other vendors of the Pension
System, and the Committee Chairs, to ensure the efficient operation of the Board’s committees.
3. Represent the Pension System, or designate other staff representatives, to outside parties and organizations.
4. Provide leadership to the Pension System employees in terms of collegiality and ethical conduct.
5. Act as the liaison for communication and information flow between the Board, the Pension System employees and the members and beneficiaries.
6. Report to the Board on the status of pending legislation impacting the Pension System.
7. Inform the Chairman of the Board of inquiries and requests concerning Pension System business that may be sensitive in nature.
8. Apprise the Board of any hiring or termination of staff.
9. Coordinate preparation and administration of annual reports, actuarial reports and member benefit statements for the Pension System.
10. Ensure the Pension System derives maximum benefit from its professional consultants including investment managers, actuarial services, accounting services and custodial and other professional services.
11. Supervise the distribution of all benefit payments.
How to Apply
If you are interested in this career opportunity, please forward your cover letter and resume to [email protected].