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University Treasurer

DePaul University
paid time off, sick time, 403(b), retirement plan
United States, Illinois, Chicago
1 East Jackson Boulevard (Show on map)
Jun 06, 2025
The Highlights:

The Treasurer is the financial officer of the university responsible for cash management and short-term investing, treasury operations, management of the institution's long-term debt portfolio, the administration of the university's endowment and other long-term investment portfolios. The Treasurer also serves as a fiduciary of the university's defined contribution retirement plan. The Treasurer is responsible for banking and borrowing activities on behalf of the institution and serves as the primary liaison with credit rating agencies and bondholders.

Reporting to the Executive Vice President, the Treasurer works in partnership with senior and executive leadership of the institution to identify, recommend and implement strategies for effectively managing financial assets. The Treasurer provides administrative support, reporting and analysis to the Board of Trustees through participation in the meetings of its Finance Committee, serves as the institutional liaison with its Investment Committee, and staffs other board committee meetings as needed.

What You'll Do:


  • Long-term Investment Administration - Oversees the University Investments Office, which is responsible for administering the endowment and other long-term investment portfolios of the institution and supporting the fund management decisions of the Board of Trustees Investment Committee. Manages university relationships with investment advisors and fund custodians and ensures ongoing compliance with institutional investment policies. Provides for internal controls sufficient to adequately safeguard investment assets.
  • Cash Management and Short-Term Investing - Manages banking, borrowing and cash forecasting activities sufficient to provide for the day-to-day liquidity needs of the institution, preserve principal within cash and working capital accounts, ensure compliance with university cash management policies and generate an acceptable risk-adjusted return.
  • Treasury Operations - Supervises and ensures the integrity of all fund disbursement activities including wire transfers, check printing and fraud protections, payment card processor activities (including PCI-DSS compliance), fund escheatment processes and prepaid debit card usage.
  • Long-term Debt Portfolio Management - Develops and implements recommendations associated with institutional capital finance and borrowing strategies with the intent of assuring adequate access to external capital at acceptable rates. Manages bond issuance process and oversees post-issuance compliance efforts including the timely completion of continuing disclosure and related filing requirements. Manages bondholder and credit rating agency relations and represents the interests of the university in its dealings with underwriters, financial advisors, bond counsel, conduit issuers, and other related relationships.
  • Defined Contribution Retirement Plan - Serves as a member of a fiduciary committee responsible for the investment management and plan administration of the University's $900 million 403(b) Defined Contribution Retirement Plan.
  • Oversees hiring and development of Treasurer's Office staff and other duties, as assigned.
  • Oversees a total staff of 5 full time positions.


Financial Responsibility:



  • As of June 30, 2024:
    - Bonds and notes payable: $224 million
    - Investments: $1,075 million
    - Cash and cash equivalents: $30 million
    - Credit line capacity: $85 million
    - Defined contribution plan assets: $900 million


What You'll Need:


  • BA Finance, Accounting or Related Discipline. MBA/MS Finance or Accounting preferred.
  • Management - At least 10 years of demonstrated effective financial and professional management experience.
  • A track record of accomplishments including executive leadership of the treasury business functions with external business planning and task force involvement; collaborative management of complex, organization-wide projects with a record of satisfying financial, budgetary and operating requirements and addressing the requirement of senior level executives, Board members, team members, other department and employees; and effective management of suppliers and external bond, investment, and cash management constituents.
  • Work experience with capital and financial markets and related service providers required. Direct experience in tax-exempt financing strongly preferred.
  • Proven track record in diverse staff development, coaching, performance management and the use of inclusive decision-making to meet organizational objectives.
  • Experience with 403(b) defined contribution retirement plan administration and investment strongly preferred.
  • Private higher education experience in a complex organization with a minimum budget of $300 million preferred.
  • Well-developed negotiations skills
  • Demonstrated ability to identify and mitigate operating and financial risks, utilizing strong creative problem-solving skills.
  • Effective written and verbal communications skills, including the ability to clearly and concisely articulate complex concepts in meetings, presentations, and in writing to successfully recommend courses of action to executive management and board members.
  • Proven advanced quantitative analysis and presentation skills with a solid understanding of financial valuation methods, statistical analysis, investment analysis, and other information modeling techniques required.
  • Effective utilization of technology required with proficiency in standard office productivity applications. A familiarity with Oracle Cloud ERP and HCM systems is preferred.


The anticipated hiring range for this position is: $240,000.00 to $259,500.00
The salary range provided in this posting reflects what we reasonably expect to pay for this position. Actual compensation offered or earned is dependent on experience, education and other factors including departmental budget.

Perks:



  • Working for a stable and well-known University.
  • Top choice medical, dental, and vision benefits.
  • Retirement plan matching contribution of 10%.
  • Tuition waivers for employees and dependents.
  • Generous paid time off, sick time, holidays, floating holidays, and more!
  • Full-Time Benefits


For consideration, please include a resume and cover letter.

Vincentian Mission:
Guided by an ethic of Vincentian personalism and professionalism, DePaul compassionately upholds the dignity of all members of its diverse, multi-faith, and inclusive community. We seek to hire collaborative, open-minded, and dedicated professionals who are committed to advancing our university mission to making education accessible to all, with special attention to including underserved and underrepresented communities. Successful candidates thrive in an environment where ideas and perspectives representing a wide variety of cultures, backgrounds and experiences are welcome and supported.

Required Background Check:

Employment at DePaul University is contingent on passing a background check. Only final candidates who are extended an offer of employment will undergo a background check.

DePaul University is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, national origin, age, marital status, physical or mental disability, protected veteran status, genetic information or any other legally protected status, in accordance with applicable federal, state and local EEO laws.

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