Position Title:  Director of the Charlton Center for Responsible Investing

Classification Title:  FT Administrator

City/Campus:  Detroit - McNichols

Department:  Business Administration

Position Status:  Full Time

Position Summary:

Launch and lead the Charlton Center for Responsible Investing within the College of Business Administration. The Charlton Center will be a center of excellence in financial education that will expand opportunities for underprivileged students, enhance experiential learning, actively engage financial practitioners, and benefit the local community.

Essential Duties and Responsibilities:

(1) Recruit students interested in Finance, with a deliberate focus on minority recruitment. This will be done through personal visits to high schools to recruit undergraduates and dual enrollment students, and visits to employers to recruit graduate students.

(2) Assist Finance students in securing relevant internships and professional employment in the institutional investment field, including investment banking, as well as in the financial divisions of major corporations and other institutions. The Director will invite such employers to recruit on campus, maintain a repository of their job openings, and develop an electronic resume book to circulate Finance students’ resumes back to employers.

(3) Collaborate with faculty to develop coursework that provides exposure to modern portfolio theory and to the technological advances that can assist with the investment process.

(4) Establish and promote a speaker series featuring presentations by prominent investment experts on topics such as finance and technology, algorithmic finance or artificial intelligence, and maintain an archive of their presentations.

(5) Provide support for Finance students to undertake field trips to financial institutions, compete in investment competitions on a regular basis, and pursue professional certifications such as the Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), and Chartered Alternative Investment Analyst (CAIA) designations.

(6) Expand the Majestic Fund, through ongoing fundraising, to a level that will allow proper diversification of assets and generate returns to enhance the Finance program, while maintaining the emphasis on asset allocation and the adherence to Jesuit and Mercy principles. The Charlton Director will collaborate with the College’s faculty, Development Director, and Investment Advisory Council on this project.

(7) Support a small student-run Social Innovation Fund to provide loans on a competitive basis to start-up social enterprises that receive business skills training through the College’s Center for Social Entrepreneurship. Along with the Charlton Center’s Director and the Director of the Center for Social Entrepreneurship, an external board of investment professionals will advise students on impact investing for new ventures. The start-ups will be screened for a positive social impact and will need to complete Boost training to be eligible for such loans.

(8) Develop a student-run newsletter for regional distribution, covering the Charlton Center’s activities, which could also contain data, trends, news, impact metrics, and feature stories on socially-responsible investment opportunities and investors in Detroit. The newsletter would especially target potential donors, investors, and speakers whose support could further enhance and sustain the Charlton Center’s initiatives.

(9) Develop a self-sustaining source of funding for these programs. In partnership with the College’s Development Director, the Director of the Charlton Center will actively pursue fundraising among industry professionals, expand the Investment Advisory Council to grow the Majestic Fund, solicit advertising for the Center’s newsletter, and seek grant funding from external sources.

(10) Collaborate with the Dean on a 3-year strategic plan for the Center, meet regularly to provide updates, and provide an annual written report of activities and impact, including measurements against goals.

(11) All other duties as assigned.

Education (Minimum/Preferred):

A Bachelor’s degree in Business from an AACSB-accredited institution.

Experience (Minimum/Preferred):  Five years to seven years

Knowledge, Skills and Abilities:

• Familiarity with current technology and trends in investments;
• A thorough understanding of the requirements for professional certifications such as CFA or CFP;
• The ability to work successfully with diverse populations of students, faculty, and alumni;
• The highest ethical standards;
• A willingness to actively support the faith-based mission and identity of a Catholic business school operating in the Mercy and Jesuit traditions;
• A goal-orientation and flexibility in dealing with unanticipated events;
• Excellent oral and written communication skills, along with excellent presentation skills.

Physical Requirements:

Job may require lifting light weight objects (1 to 10 pounds) with no repetitive bending or stooping. Occasionally lift average weight objects (1 to 10 pounds).

Work Environment:

Regular exposure to favorable conditions such as those found in a normal office.

Open Date:  08/29/2019

Salary/Pay Information:  Commensurate with Experience

Anticipated Schedule:  

Monday through Friday 8:30 a.m.-5:00 p.m; some evenings and weekends.

Anticipated start date: 3/02/2020.

About University of Detroit Mercy

Michigan’s largest, most comprehensive private university, the University of Detroit Mercy is an independent Catholic institution of higher education sponsored by the Religious Sisters of Mercy and Society of Jesus.  The university seeks qualified candidates who will contribute to the University's urban mission, commitment to diversity, and tradition of scholarly excellence.  The University of Detroit Mercy is an Equal Opportunity Affirmative Action Employer with a diverse faculty and student body and welcomes persons of all backgrounds.