Chief Investment Officer & Executive Director

State of North Dakota Retirement & Investment Office
Bismarck, ND
Jan 03, 2013
Feb 02, 2013
Employment Status
Full Time

Chief Investment Officer &

Executive Director

State of North Dakota

Retirement & Investment Office

The State of North Dakota Retirement & Investment Office (RIO) is looking to hire a Chief Investment Officer & Executive Director, to be located in Bismarck, ND. The CIO/Executive Director is appointed by and serves at the pleasure of the State Investment Board (SIB) and is responsible for the planning, supervision and direction of RIO operations in accordance with all applicable governing statutes and Board governance policies. Key areas of responsibility include Investment Administration/Policy, Pension Administration, Office Administration.

The North Dakota Retirement & Investment Office coordinates the activities of the SIB and the Teachers' Fund for Retirement (TFFR) as stipulated by state statute. RIO fulfills the mission of the SIB to provide cost-effective investment service to its constituents, consistent with their respective investment policies and guided by the premises of the Prudent Investor Rule. In addition, the RIO administers the management and disbursement of retirement benefits to TFFR members.

The ideal candidate will have substantial progressively responsible work experience in investment related duties at a public pension fund, foundation, endowment, trust, investment consulting firm, bank, insurance company, or similar entity, including combined management / executive management experience. Candidates must possess strong ethical values and a high degree of professional integrity, as well as the ability to establish and maintain positive working relationships with a variety of constituents. An advanced degree is preferred, and a CFA designation is strongly preferred.

Salary: $180,000 to $220,000 per year, plus benefits including paid family health insurance, life insurance, and retirement plan.

For more information about RIO, visit

Applicants must submit a resume and cover letter no later than January 31, 2013 to:

Becky Sicble, Human Resource Officer

ND Human Resource Management Services

600 E. Boulevard Ave., Dept. 113

Bismarck ND 58505-0120

Fax: 701-328-1475


For more information or accommodation or assistance in the application or interview process,

please contact Becky Sicble at 701-328-3299.

Veteran's preference does not apply to this position.

Equal Opportunity Employer - The State of North Dakota and this hiring agency do not discriminate on the basis of race, color, national origin, sex, genetics, religion, age, or disability in employment or the provision of services, and complies with the provisions of the North Dakota Human Rights Act.

As an employer, the State of North Dakota prohibits smoking in all places of state employment.