The Fort Worth Employees’ Retirement Fund (“FWERF” or “Fund”) was established by ordinance on Sept. 12, 1945. The Fund is a defined benefit plan, created for the exclusive purpose of providing retirement benefits to full-time City of Fort Worth employees, including general employees, police officers, and firefighters. Serving approximately 6,700 active members and more than 4,900 retirees and beneficiaries, the Fort Worth Employees’ Retirement Fund is the only municipal retirement fund in Texas that covers general City employees as well as police and fire.
The Fort Worth Employees’ Retirement Fund is seeking a confident, skilled leader to serve as its next Executive Director. The ideal candidate is a highly competent, established, and experienced administrator with a diverse work background. They will have demonstrated, effective leadership skills. The chosen candidate will be capable of establishing effective working relationships with staff, the Board, the membership, and the public.
The next Executive Director will be knowledgeable in the principles and theories of public administration, principles of retirement benefits administration, actuarial science, and the legal and regulatory environment for public funds. The selected candidate will be able to competently lead retirement system staff; assist the Board in setting a vision for the retirement system; and lead change, innovation, and continuous improvement by communicating strategies which make new approaches both feasible and desirable. The ideal candidate will be able to understand and interpret complex audit, financial data, and actuarial reports. They will have excellent written and verbal communication skills and be able to make rational, intelligent, thoughtful, and often difficult decisions on a timely basis.
A bachelor’s degree is required, with significant course work in business, economics, accounting, and/or finance at the undergraduate or graduate level preferred. An advanced degree and/or relevant certification (JD, MBA, CPA, CEBS, and MPA for example) is preferred. Five years of managerial or administrative experience is required. Supervisory or administrative experience and a minimum of five years’ experience in pension plan administration or other relevant work experience, with at least five years at the executive level, is desired. An equivalent combination of education, training, and experience that demonstrates required knowledge, skills, and abilities will be considered.
The hiring range for this position is $230,000-$280,000 a year, depending on qualifications and experience.
For more information on this position contact:
Jay Singleton, Senior Vice President