Director, CIT Strategy & Fiduciary Oversight

What You'll Do

We’re adding a newly created leadership role within Asset Management to help drive the strategy, governance, and growth of our Collective Investment Trust (CIT) platform — a fast-growing and increasingly important part of our retirement business.

With in-house trust capabilities, our CIT platform offers differentiated flexibility across product design, fiduciary governance, and distribution. This role sits at the center of investments, trust governance, and distribution, ensuring the CIT business scales strategically while maintaining strong fiduciary and risk standards.

This is a highly cross‑functional role at the intersection of strategy, product, retirement markets, and fiduciary oversight.

• Help shape the strategy and evolution of the CIT platform within the retirement channel

• Partner with investment teams on the design, launch, and ongoing management of CIT strategies

• Evaluate product opportunities based on market demand, retirement trends, and competitive positioning

• Act as a bridge between Asset Management Distribution and Retirement Distribution to ensure alignment on product structure, positioning, and commercialization

• Serve as a subject matter expert on fiduciary responsibilities and governance structures related to CITs

• Support oversight aligned with OCC (or similar) regulations, ERISA requirements, and internal risk frameworks

• Partner with Legal, Compliance, Risk, and Trust teams to maintain a scalable and effective governance model

• Identify and help mitigate operational, regulatory, and reputational risks tied to CIT operations

• Support internal audits, regulatory exams, and ongoing risk assessments

• Lead initiatives across Investments, Trust, Legal, Compliance, Operations, Finance, and Distribution

• Influence decisions and drive outcomes in a highly matrixed environment without formal reporting authority

• Prepare materials and insights for senior leadership on platform strategy, regulatory developments, and growth opportunities

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field; advanced degree or professional designation (e.g., CFA, CPA, JD) preferred.

• 10+ years of experience, including direct asset management experience, complemented by work with retirement investment products, fiduciary or trust structures, or commingled vehicles (e.g., CITs, collective funds, private funds).

• Deep understanding of CIT structures, fiduciary responsibilities, and retirement plan frameworks (ERISA/401(k)), including experience with commingled investment vehicles (not personal trust or estate administration)

• Familiarity with governance models involving OCC (or similar regulation)-regulated trust structures strongly preferred

• Demonstrated ability to lead initiatives, align stakeholders, and influence across teams without direct authority

• Strong business acumen with the ability to connect product structure, fiduciary considerations, and commercial strategy

• Excellent communication skills, with the ability to translate complex fiduciary and investment topics for diverse audiences

Salary ranges below reflect targeted base salaries. Non‑sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

$157,000 - $213,000 / year

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short‑term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

No

We’re open to considering in‑office or…