Chief Technology Officer- University Endowment - Austin, TX

Austin

Chief Technology Officer- University Endowment - Austin, TX

38724BR

Office of Investments

Position Description

The Chief Technology Officer (CTO) will be a pivotal leader within the university endowment, responsible for overseeing and managing the technology systems that support investment operations.

Reporting directly to the Chief Investment Officer (CIO), the CTO will ensure that all technological resources align with the endowment's goals, streamline operations, and enhance investment analytics capabilities.

The ideal candidate will have a deep understanding of investment operations, possess strong leadership skills, and demonstrate expertise in managing complex technology systems and vendor relationships.

About the University

Established in 1996, the Texas Tech University System is one of the top public university systems in the nation, consisting of five universities - Texas Tech University, Texas Tech University Health Sciences Center, Angelo State University, Texas Tech University Health Sciences Center El Paso and Midwestern State University.

Headquartered in Lubbock, Texas, the TTU System is a more than $3 billion enterprise focused on advancing higher education, health care, research and outreach with approximately 21,000 employees and 63,000 students, more than 400,000 alumni, a statewide economic impact of $16.

4 billion and an endowment valued at $1.7 billion. In its short history, the TTU System has grown tremendously and is nationally acclaimed, operating at 24 academic locations in 20 cities (18 in Texas, 2 international).

In addition, the TTU System is one of only nine in the nation to offer programs for undergraduate, medical, law, nursing, pharmacy, dental and veterinary education, among other academic areas.

Major / Essential Functions

Operations Leadership :

• Lead the endowment's technology operations, ensuring efficient and effective support for all investment activities.
• Develop and implement operational policies, procedures, and standards to optimize technology usage and performance.
• Ensure compliance with all relevant regulations and industry standards.
• Manage technology-related budgets, ensuring cost-effective solutions and optimal allocation of resources.

Technology Management and Oversight :

• Lead the development, implementation, and maintenance of technology systems that support investment operations, including risk management systems, books of record, investment research tools, database management, dashboards, SharePoint, and cash operations.
• Ensure the reliability, security, and scalability of all technology platforms and systems.
• Oversee the integration of new technologies and systems, ensuring seamless transitions and minimal disruption to operations.
• Stay abreast of emerging technologies and industry best practices to continuously improve the endowment's technology infrastructure.

Vendor and Relationship Management :

• Oversee relationships with external technology vendors, ensuring they meet performance standards and deliver value to the endowment.
• Negotiate contracts and service agreements with vendors to secure favorable terms and conditions.
• Monitor vendor performance, addressing any issues promptly and effectively.
• Foster strong partnerships with key technology providers to stay ahead of technological advancements and leverage their expertise.

Team Leadership and Development :

• Lead a high-performing operations team, fostering a culture of innovation, collaboration, and continuous improvement.
• Provide mentorship and professional development opportunities to team members, ensuring they stay current with technological advancements and industry trends.
• Promote a collaborative environment between the technology team and investment staff, facilitating effective communication and teamwork.

Investment Analytics and Research Support :

• Develop and expand an investment analytics function to support the investment staff, providing tools and insights that enhance decision-making processes.
• Implement advanced data analytics, machine learning, and AI technologies to analyze investment performance, identify trends, and inform strategic decisions.
• Collaborate with investment teams to understand their needs and provide tailored technological solutions that support their research and analytical requirements.

Strategic Planning and Innovation :

• Work closely with the CIO and other senior leaders to develop and execute a technology strategy that supports the endowment's long-term goals.
• Identify opportunities for technological innovation that can drive operational efficiency and enhance investment performance.
• Lead strategic initiatives and projects, ensuring they are completed on time, within scope, and on budget.

Required Qualifications

Bachelor's degree or higher in relevant field of study; advanced degree preferred. Extensive experience (10+ years) in technology management, preferably within the financial services or investment management industry.

Preferred Qualifications

• Proven track record of leading operations and managing complex technology systems and infrastructure.
• Strong understanding of investment operations and the technological needs of investment professionals.
• Experience with investment analytics, data management, and advanced analytical tools.
• Excellent leadership, communication, and interpersonal skills.
• Ability to think strategically and execute tactically.
• Strong problem-solving skills and the ability to make data-driven decisions.
• Experience managing vendor relationships and negotiating contracts.
• Familiarity with regulatory requirements and industry standards related to technology and investment operations.

Safety Information

Adherence to robust safety practices and compliance with all applicable health and safety regulations are responsibilities of all TTU employees.

Does this position work in a research laboratory?

Required Attachments

Cover Letter, Resume / CV

Job Type

Full Time

Pay Basis

Monthly

Pay Statement

Compensation is commensurate upon the qualifications of the individual selected and budgetary guidelines of the hiring department, as well as the institutional pay plan.

For additional information, please reference the institutional pay plan by visiting www.depts.ttu.edu / hr / payplan.

Travel Required

Up to 25%

Shift

Grant Funded?

Job Group

Mid-level Officer and Manager

EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, disability, genetic information or status as a protected veteran.