Job Posting Title:
Executive Director for Development for Endowment Services and Gift Operations
Hiring Department:
University Development Office
Position Open To:
All Applicants
Weekly Scheduled Hours:
40
FLSA Status:
Exempt from FLSA
Earliest Start Date:
Immediately
Position Duration:
Expected to Continue
Location:
UT MAIN CAMPUS
Job Details:
About The University of Texas at Austin
What starts here changes the world.
The University of Texas at Austin, founded in 1883, ranks among the best universities in the world. With 76 programs ranked in the top 10, UT Austin is the #1 public university in Texas and the #7 public university in the nation.
Like the state it calls home, The University of Texas at Austin is a bold, ambitious leader supporting more than 55,000 students, 4,750 faculty, 15,000 staff and top national programs across 18 colleges and schools. Amid the backdrop of Austin, Texas, a city recognized for its creative and entrepreneurial spirit, the University provides a place to explore countless opportunities for tomorrow’s artists, scientists, athletes, doctors, entrepreneurs and engineers.
Learn more about UT’s mission and values and leadership.
Why Join Texas Development?
The University of Texas at Austin is a thriving hub of learning and discovery that anchors our city and enables excellence and innovation on the highest level. And it’s only possible because generous supporters believe in the power and promise of our state’s flagship university to change the world. With more than $6 billion raised in the What Starts Here campaign, Texas Development is quickly becoming one of the best fundraising programs in public higher education.
Texas Development is a dynamic community of 500+ fundraising professionals across the Forty Acres. We strive to reach the highest levels of achievement and success in all that we do by creating meaningful and powerful experiences for our donors.
Follow your passion, grow your career and help us change the world.
Benefits
The University provides a competitive benefits package that includes insurance and retirement benefits in addition to other programs and services.
Texas Development supports growth by offering professional development opportunities that help every team member accomplish their goals, enrich their skillset and deepen their engagement with UT.
Purpose
To manage and oversee the daily operations of the Endowment Services and Gift Compliance team.
Responsibilities
- Supervise Endowment Services and Gift Compliance staff; plan, oversee, and approve their various duties and projects; and provide training and expertise as needed.
- Advise Deans, CSU finance teams, and gift officers on endowment compliance and usage, providing strategies and best practices for efficient and effective use of endowed funds.
- Participate in the ongoing implementation and further development of new SPUR CRM, as needed for various workstreams, including Endowments and Prospect Management, and the ongoing change management after full CRM implementation.
- Identify, analyze and implement technological tools to increase scalability, deepen analysis, and increase administrative workflows and automations.
- Maintain policies and procedures related to naming facilities and programs and review requests prepared by the Director for approval by the Assistant Vice President, Vice President, President, UT System and Board of Regents, as appropriate; oversee further development and maintenance of naming sections of SPUR CRM.
- Maintain policies and procedures related to the establishment, compliance and stewardship of endowed funds and oversee information on endowed policies and procedures provided in DevConnect.
- Maintain policies and procedures related to certain non-endowed gift agreements and, working with the Assistant VP of Advancement Operations, develop a program for non-endowed gift compliance.
- Oversee the development of training materials and activities for staff regarding endowments, including use of SPUR endowment database; oversee improvements to SPUR endowment database and assist in developing features for use in compliance monitoring and reporting projects.
- Oversee endowment establishment process as a whole, acting as liaison with UT Austin Offices of Accounting, Provost, Academic Affairs, Legal Affairs and UT System External Relations and General Counsel.
- Oversee endowment amendment, cy pres, and equitable deviation processes for endowed and non-endowed gifts as a whole, acting as liaison with UT Austin Offices of Accounting, Provost, Academic Affairs, Legal Affairs and UT System External Relations and General Counsel.
- Oversee the preparation of various scheduled reports to endowment donors, i.e. faculty endowment holder letters, UTIMCO financial mailing, customized reports to specified donors and additional reports/projects as needed.
- Prepare and oversee endowed gift agreements, naming agreements, and non-endowed gift agreements that meet a determined threshold.
- Participate in donor calls when complex endowment questions or negotiations exceed gift officer knowledge.
- Prepare and oversee the preparation of the President’s recommendations to UT System on endowments, estates, trusts, and major gifts in coordination with colleagues in the University Development Office, colleges/schools/units, President’s Office, UT System External Relations, and VP Legal Affairs.
- Under guidance of the UT System, UTIMCO, University Compliance Services, Office of Accounting, Gift Processing, Chief Development Officers, financial officers, scholarship officers and Deans to enhance campus endowment compliance and usage.
- Additional duties as assigned.
Salary
OPEN
Required Qualifications
- Bachelor's degree or equivalent work experience.
- Successful leadership and supervisory experience, including responsibility for developing staff, managing performance, allocating resources, and leading through organizational change.
- Collaborative leadership style that reinforces and further develops the skills and autonomy of reporting team members.
- At least 7 years of progressively responsible experience in advancement services, endowment administration, gift compliance, gift accounting, financial administration, donor relations, or a closely related field.
- Demonstrated expertise in endowment establishment, gift acceptance, expenditure monitoring, compliance reviews, and financial reporting.
- Working knowledge of the legal, regulatory, accounting, ethical, and fiduciary principles governing charitable gifts and endowment funds.
- Demonstrated ability to interpret complex gift instruments and translate donor restrictions, institutional policies, and regulatory requirements into clear operational business practices.
- Experience designing, implementing, and evaluating complex programs.
- Demonstrated ability to work collaboratively and diplomatically with institutional colleagues and external partners on sensitive and complex matters.
- Strong analytical and problem-solving skills.
- Excellent written, verbal, and interpersonal communication skills.
- The ability to build trusted relationships with diverse constituencies.
- Experience with advancement, financial, document-management, or compliance systems.
- Proven ability to manage multiple high-priority initiatives, meet deadlines, and maintain accuracy and service quality in a complex organization.
- Unquestioned integrity, discretion, and commitment to ethical stewardship, institutional accountability, donor intent, and the mission of higher education.
Preferred Qualifications
- 10 or more years of progressively responsible experience in endowment services, gift compliance, advancement services, or philanthropic financial administration.
- At least 10 years of successful leadership and supervisory experience.
- Executive-level experience leading multidisciplinary teams responsible for endowment administration, gift agreements, fund compliance, gift processing, stewardship reporting, or related advancement operations.
- An understanding of how information technology and artificial intelligence can improve and enhance operations.
- Demonstrated success identifying opportunities for change, modernizing business processes, implementing technology, improving data governance, and applying automation, analytics, or artificial intelligence.
- Demonstrated record of building collaborative, service-oriented partnerships.
Working Conditions
This position is based in Austin, Texas.
Must be eligible to work in the United States on a full-time basis for any employer without sponsorship.
Works in standard office conditions, in a shared office environment, with repetitive use of a keyboard at a workstation.
Monday through Friday, 8:00 AM – 5:00 PM on-site work is the standard expectation for this position.
May require additional hours during peak periods and special events.
Regular and consistent attendance is required in this job.
Required Materials
- Resume/CV
- Three work references with contact information; at least one reference should be from a supervisor
- Letter of Interest
Important for applicants who are NOT current university employees or contingent workers:
You will be prompted to submit your resume the first time you apply, then you will be provided an option to upload a new Resume for subsequent applications.
Important for Current university employees and contingent workers:
As a current university employee or contingent worker, you MUST apply within Workday by searching for Find UT Jobs.
Employment Eligibility:
Regular staff who have been employed in their current position for the last six continuous months are eligible for openings being recruited for through University-Wide or Open Recruiting.
Retirement Plan Eligibility:
The retirement plan for this position is Teacher Retirement System of Texas (TRS).
Background Checks:
A criminal history background check will be required for finalist(s) under consideration for this position.
Equal Opportunity Employer:
The University of Texas at Austin, as an equal opportunity/affirmative action employer, complies with all applicable federal and state laws regarding nondiscrimination and affirmative action.
Pay Transparency:
The University of Texas at Austin will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
Employment Eligibility Verification:
If hired, you will be required to complete the federal Employment Eligibility Verification I-9 form.
E-Verify:
The University of Texas at Austin use E-Verify to check the work authorization of all new hires effective May 2015.
Compliance:
Employees may be required to report violations of law under Title IX and the Jeanne Clery Disclosure of Campus Security Policy and Crime Statistics Act (Clery Act).