Sr director, benefit trust investments job
Company Name:
J&J Family of Companies
Johnson & Johnson companies are equal opportunity employers.
SR DIRECTOR, BENEFIT TRUST INVESTMENTS
Description
Caring for the world, one person at a time, has inspired and united the people of Johnson & Johnson for 125 years. We embrace research and science -- bringing innovative ideas, products and services to advance the health and well-being of people. Employees of the Johnson & Johnson Family of Companies work with partners in health care to touch the lives of over a billion people every day, throughout the world.
With over $71 billion in 2013 sales, Johnson & Johnson is the world's most comprehensive and broadly based manufacturer of health care products, as well as a provider of related services, for the consumer, pharmaceutical, and medical devices and diagnostics markets. The more than 275 Johnson & Johnson operating companies employ approximately 128,000 people throughout the world.
Purpose of Position
The position reports to the Assistant Treasurer, Pension Funds, and is a critical member of a four person team that has global responsibility for more than $30 billion in employee benefit assets. In this role, the Senior Director, Benefit Trust Investments is responsible for identifying and researching funding, expensing and investment opportunities consistent with the plans' and Company's financial objectives for domestic and certain foreign pension plans, domestic savings and domestic welfare plans. The Senior Director will work proactively with Worldwide Benefits, Savings Plan Administration, Legal, and Finance in addition to numerous outside vendors, when evaluating funding alternatives and investment implications.
Main Responsibilities / Duties
The Senior Director, Benefit Trust Investments will be responsible for developing and assisting in implementing plans for the management of the pension funds and coordinate with the Assistant Treasurer, Pension Funds on recommending investment policies and strategies to Senior Financial Management, U.S. Pension Investment Subcommittee and, as assigned, certain non-US plans. The candidate will be responsible for leading searches for investment managers, meetings with such to review performance, etc. and will provide investment management of savings plan and pension assets not assigned to external investment managers. The successful candidate will be researching and recommending changes that will improve the performance of the assets under management, their safekeeping and their efficient administration.
The Senior Director, Benefits Trust Investments will analyze existing and potential manager styles and the risk and return alternatives, for use in long-term planning in conjunction with the funds' liabilities. The candidate will develop, recommend and assist in implementing sound policies on funding, cash management and accounting policy that best serve both long-term corporate and participant interests (Includes reviewing and recommending at appropriate intervals, in close coordination with both internal and external actuaries, basic assumptions and cost methods for determining funding for both domestic and certain international plans). The candidate will work through local non-US pension plans, overseeing investment and funding activity of certain international plans, as assigned and will communicate, explain and build consensus with local non-US committees regarding (i) corporate policies and wishes to affiliates while representing and explaining (ii) affiliate issues to Pension Investment Subcommittee, Pension and Benefits Committee and Senior Management. The successful candidate will bring a high level of competence in the areas of investment analysis, pension negotiation and administration while staying current on investment trends, attending conferences, communicating proactively with investment professionals and be able to build a peer network.
Interfaces
Investment managers, bankers, brokers, trustees, international affiliate pension, finance and HR directors, benefits specialists, pension consultants, controllers, Tax and Law Departments, government bodies, actuaries, local oversight authorities, external auditors, insurance companies, other pension fund investment professionals ('peers').
Qualifications
A minimum of 15 years of progressive responsibility in investment management and administration/oversight to both traditional and alternative investment strategies is required. A minimum of a Bachelor's degree is required, advanced degree preferred. Must have a Chartered Financial Analyst (CFA) or currently enrolled in as a Level II candidate, at the minimum.
The ideal candidate will have intellectual interest in the global markets; eager to share that passion and enthusiasm with others at J&J; is required. The successful candidate must excel at idea generation and management of investing activities. Expertise in fundamental investment management theory and investment operations across a broad array of investment classes is required.
An understanding of investment industry's laws and regulations; recognition of tax sensitivity of investment strategies and activities is required. An understanding of the fiduciary duties and legal environment in which employee benefit funds exist is preferred. Strong understanding and knowledge of financial markets and investments, including public and private securities is required.
Must be able to evaluate whether an investment manager's performance is within expectations, evaluate whether complex securities meet or are in violation of agreed to investment policy and evaluate asset allocation and determine appropriateness given Plan needs and economic environment.
A provable track record of returns in excess of benchmark is required. Experience leading pension fund investment or other investment management entities is preferred; however applicants with relevant plan sponsor or similar buy side investment experience will also be considered. Experience in analyzing a variety of asset classes and developing investment opportunities is required as well as the ability to demonstrate strong investment judgment and perspective as it relates to employee benefit funds. Advanced and applied knowledge and background in accounting, finance, economics and investments is required.
The candidate must be proficient in using analytical software packages or tools and knowledge of statistics and computerized applications and databases (portfolio management/ performance systems) common to the investment community. The ability to influence outcomes on a global basis; working through multiple functions, a diverse group of local investment committees and key stakeholders to drive overall success is required.
The successful candidate must possess excellent interpersonal and communication skills. Well-developed leadership and partnering skills are essential to navigate the internal and external environment and presenting to internal/external constituents in ever evolving global markets. Must be able to explain complex investment and legal concepts in a clear manner and must have the ability to be effective while operating within complex investment and governance structures. The ability to prioritize and manage multiple requirements at the same time required as is the ability to work hands-on, with attention to detail and quality.
Most work in this area is project work with little daily repetition of any processes or administration and incumbent must be able to work on multiple tasks independently with minimal guidance as all tasks are performed without the use of outside consultants. Proven leadership experience in developing, leading, inspiring and motivating direct and indirect individuals and/or teams required. The ability to maintain strict confidentiality is required.
J2W:LI NA
Primary Location: North America-United States-New Jersey-New Brunswick
Organization: Johnson & Johnson (6067)
Job Function: Treasury
Certain sites within the Johnson & Johnson Family of Companies participate in E-Verify as appropriate in accordance with Company guidelines and federal or state law. To learn more about the government sponsored program and to see a list of the sites that are currently enrolled, please click here.
Johnson and Johnson Family of Companies are equal opportunity employers, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status, or any other characteristic protected by law.
EEO is the Law
EEO is the Law GINA Supplement
Req ID
Date: Fri, 01 08 2014 00:00:00 GMT
Country: US
State: NJ
City: New Brunswick
Postal Code: 08901
Locale: en_USEstimated Salary: $20 to $28 per hour based on qualifications.
J&J Family of Companies
Johnson & Johnson companies are equal opportunity employers.
SR DIRECTOR, BENEFIT TRUST INVESTMENTS
Description
Caring for the world, one person at a time, has inspired and united the people of Johnson & Johnson for 125 years. We embrace research and science -- bringing innovative ideas, products and services to advance the health and well-being of people. Employees of the Johnson & Johnson Family of Companies work with partners in health care to touch the lives of over a billion people every day, throughout the world.
With over $71 billion in 2013 sales, Johnson & Johnson is the world's most comprehensive and broadly based manufacturer of health care products, as well as a provider of related services, for the consumer, pharmaceutical, and medical devices and diagnostics markets. The more than 275 Johnson & Johnson operating companies employ approximately 128,000 people throughout the world.
Purpose of Position
The position reports to the Assistant Treasurer, Pension Funds, and is a critical member of a four person team that has global responsibility for more than $30 billion in employee benefit assets. In this role, the Senior Director, Benefit Trust Investments is responsible for identifying and researching funding, expensing and investment opportunities consistent with the plans' and Company's financial objectives for domestic and certain foreign pension plans, domestic savings and domestic welfare plans. The Senior Director will work proactively with Worldwide Benefits, Savings Plan Administration, Legal, and Finance in addition to numerous outside vendors, when evaluating funding alternatives and investment implications.
Main Responsibilities / Duties
The Senior Director, Benefit Trust Investments will be responsible for developing and assisting in implementing plans for the management of the pension funds and coordinate with the Assistant Treasurer, Pension Funds on recommending investment policies and strategies to Senior Financial Management, U.S. Pension Investment Subcommittee and, as assigned, certain non-US plans. The candidate will be responsible for leading searches for investment managers, meetings with such to review performance, etc. and will provide investment management of savings plan and pension assets not assigned to external investment managers. The successful candidate will be researching and recommending changes that will improve the performance of the assets under management, their safekeeping and their efficient administration.
The Senior Director, Benefits Trust Investments will analyze existing and potential manager styles and the risk and return alternatives, for use in long-term planning in conjunction with the funds' liabilities. The candidate will develop, recommend and assist in implementing sound policies on funding, cash management and accounting policy that best serve both long-term corporate and participant interests (Includes reviewing and recommending at appropriate intervals, in close coordination with both internal and external actuaries, basic assumptions and cost methods for determining funding for both domestic and certain international plans). The candidate will work through local non-US pension plans, overseeing investment and funding activity of certain international plans, as assigned and will communicate, explain and build consensus with local non-US committees regarding (i) corporate policies and wishes to affiliates while representing and explaining (ii) affiliate issues to Pension Investment Subcommittee, Pension and Benefits Committee and Senior Management. The successful candidate will bring a high level of competence in the areas of investment analysis, pension negotiation and administration while staying current on investment trends, attending conferences, communicating proactively with investment professionals and be able to build a peer network.
Interfaces
Investment managers, bankers, brokers, trustees, international affiliate pension, finance and HR directors, benefits specialists, pension consultants, controllers, Tax and Law Departments, government bodies, actuaries, local oversight authorities, external auditors, insurance companies, other pension fund investment professionals ('peers').
Qualifications
A minimum of 15 years of progressive responsibility in investment management and administration/oversight to both traditional and alternative investment strategies is required. A minimum of a Bachelor's degree is required, advanced degree preferred. Must have a Chartered Financial Analyst (CFA) or currently enrolled in as a Level II candidate, at the minimum.
The ideal candidate will have intellectual interest in the global markets; eager to share that passion and enthusiasm with others at J&J; is required. The successful candidate must excel at idea generation and management of investing activities. Expertise in fundamental investment management theory and investment operations across a broad array of investment classes is required.
An understanding of investment industry's laws and regulations; recognition of tax sensitivity of investment strategies and activities is required. An understanding of the fiduciary duties and legal environment in which employee benefit funds exist is preferred. Strong understanding and knowledge of financial markets and investments, including public and private securities is required.
Must be able to evaluate whether an investment manager's performance is within expectations, evaluate whether complex securities meet or are in violation of agreed to investment policy and evaluate asset allocation and determine appropriateness given Plan needs and economic environment.
A provable track record of returns in excess of benchmark is required. Experience leading pension fund investment or other investment management entities is preferred; however applicants with relevant plan sponsor or similar buy side investment experience will also be considered. Experience in analyzing a variety of asset classes and developing investment opportunities is required as well as the ability to demonstrate strong investment judgment and perspective as it relates to employee benefit funds. Advanced and applied knowledge and background in accounting, finance, economics and investments is required.
The candidate must be proficient in using analytical software packages or tools and knowledge of statistics and computerized applications and databases (portfolio management/ performance systems) common to the investment community. The ability to influence outcomes on a global basis; working through multiple functions, a diverse group of local investment committees and key stakeholders to drive overall success is required.
The successful candidate must possess excellent interpersonal and communication skills. Well-developed leadership and partnering skills are essential to navigate the internal and external environment and presenting to internal/external constituents in ever evolving global markets. Must be able to explain complex investment and legal concepts in a clear manner and must have the ability to be effective while operating within complex investment and governance structures. The ability to prioritize and manage multiple requirements at the same time required as is the ability to work hands-on, with attention to detail and quality.
Most work in this area is project work with little daily repetition of any processes or administration and incumbent must be able to work on multiple tasks independently with minimal guidance as all tasks are performed without the use of outside consultants. Proven leadership experience in developing, leading, inspiring and motivating direct and indirect individuals and/or teams required. The ability to maintain strict confidentiality is required.
J2W:LI NA
Primary Location: North America-United States-New Jersey-New Brunswick
Organization: Johnson & Johnson (6067)
Job Function: Treasury
Certain sites within the Johnson & Johnson Family of Companies participate in E-Verify as appropriate in accordance with Company guidelines and federal or state law. To learn more about the government sponsored program and to see a list of the sites that are currently enrolled, please click here.
Johnson and Johnson Family of Companies are equal opportunity employers, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status, or any other characteristic protected by law.
EEO is the Law
EEO is the Law GINA Supplement
Req ID
Date: Fri, 01 08 2014 00:00:00 GMT
Country: US
State: NJ
City: New Brunswick
Postal Code: 08901
Locale: en_USEstimated Salary: $20 to $28 per hour based on qualifications.
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