Job Description
Brookline Contributory Retirement System
Job Title: Executive Director
Direct Report: Board
FLSA Status: Exempt
SUMMARY
The Brookline Contributory Retirement System seeks to provide accurate, timely and consistent guidance and benefit administration to its members and their beneficiaries. The Executive Director plays a critical role in ensuring that those goals are met.
ESSENTIAL FUNCTIONS
The essential functions or duties listed below are intended only as illustrations of the various type of work that may be performed. The omission of specific statements of duties does not exclude them from the position if thework is similar, related or a logical assignment to the position.
- Provides leadership in developing program, organizational and financial plans with the Board.
- Carries out policies authorized by the board.
- Supervises all Board staff.
- Maintains official records and documents, and ensure compliance with Federal, Massachusetts and local regulations.
- Ensures that all members and beneficiaries are provided with prompt and accurate retirement counseling and that all member annuity savings accounts are properly recorded, transferred, or refunded as appropriate.
- Ensures that all retirement benefit calculations are accurate and payments of benefits to retiree sand survivors, as well as issuance of tax statements are done in a timely manner.
- Monitors outside vendors, including investment managers, consultants and law firms.
- Keeps abreast to changes in M.G.L. c. 32 and applicable case law.
- Updates the Board and staff of any changes to M.G.L. c. 32 and applicable case law.
- Represents the Association at seminars and conferences.
- Reviews benefit calculations, invoices, transfers, refunds, etc. for soundness.
- Communicates with PERAC and other governmental agencies as needed.
- Provides Association responses to Public Record requests and subpoenas.
- Interprets and communicates rulings by PERAC and other regulatory agencies to staff in order to ensure compliance.
- Informs staff of any legislative and/or regulatory changes to M.G.L. c. 32.
- Confers with and advises staff on problematic cases and other issues of note.
- Works on special projects at the discretion of the Board.
- Identifies opportunities for process improvement within the Association, including, but not limited to, ways to limit exposure and ensure compliance with applicable Massachusetts statutes, regulations, etc.
- Contributes to the documentation of best practices for the Association.
- Ensures compliance with Massachusetts Open Meeting Law and/or Public Records Law and associated regulations.
- Communicates with PERAC regarding legal issues, retirement issues, regulations and opinions.
- Oversees the Association's compliance with M.G.L. c. 32, §91A.
- Responsible to prepare the annual budget for the Board.
- Performs related work as required.
MINIMUM ENTRANCE QUALIFICATIONS:
- Ten (10) years of full-time or equivalent part-time professional experience in business management, pension administration, legal and/or investments.
- Expert knowledge of M.G.L. Chapter 32 and 840 Code of Mass. Regulations.
- Knowledge of administrative law and procedure.
- Strong client-management skills.
- Excellent communication skills.
- Skilled in researching and analyzing diverse data and complex subjects.
Salary Range Commensurate with experience to be negotiated with a contract.
Application Deadline is May 6, 2025. Applicants may be considered on a rolling basis. This position shallremain open until filled.
To Apply for this position, please provide both an electronic paper letter of interest and
Resume to Maryruth Capite- mcapite@brooklinema.gov
| Date published: | April 22, 2025 |
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