Program Manager, Student Managed Investment Fund, College of Business

University of Tennessee Chattanooga   Chattanooga, TN   Full-time     Education
Posted on May 15, 2024
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Program Manager (Administrative Professional 1 – MR10)

Student Managed Investment Fund

Gary W. Rollins College of Business

The University of Tennessee at Chattanooga

Anticipated Hiring Salary: $60,000 annually plus benefits

The Gary W. Rollins College of Business at the University of Tennessee at Chattanooga (UTC) invites applications for a Program Manager of the Student Managed Investment Learning Experience (SMILE) Fund to begin July 1, 2024. This appointment is renewable based on satisfactory performance and continued funding.

The SMILE Fund is funded by the UC Foundation and has over $1 million AUM (with another $2 million to be added on July 1, 2024). The Fund has a faculty director, assistant director and approximately 75 students who serve as analysts or officers of the fund. The AUM are managed in two funds: Traditional and Strategic. The Traditional Fund focuses on bottom-up security selection, while the Strategic Fund has a top-down focus. Beginning July 1, 2004, the SMILE Fund will add Growth, Core, and Value style funds. All funds are currently mandated to be long-only equity funds.

The SMILE Fund is UTC’s premier experiential learning experience. Students of all academic stripes from freshmen to seniors are involved. The Fund prioritizes women and minority student participation. Students hold two Investment Strategy Meetings per semester and make several presentations during the year to different stakeholders.

The College of Business at the University of Tennessee at Chattanooga recently received the largest philanthropic gift in the history of UTC from Gary W. Rollins and Kathleen Rollins of Atlanta. The $40 million gift established the Gary W. Rollins College of Business as the first named college at UTC. The Rollins College of Business is AACSB accredited at the undergraduate and graduate levels, serves approximately 2100 students, and has a collegial faculty. The Finance program in the Rollins College is the program of choice for students throughout the southern Tennessee and north Georgia regions. We strive for our students to be Academically Prepared and Business World Ready. This high-quality, competitive program offers students many unique benefits, including a state-of-the-art Finance Lab with 10 Bloomberg terminals, integrated classroom and technology-based experiential learning and internships, a Student Success Center with dedicated career advisors, and field trips such as an annual trip to Wall Street. The Finance program is part of the CFA Institute University Affiliation Program and places an emphasis on promoting financial literacy and the study of finance among female and minority students.

Employee Benefits

The University of Tennessee at Chattanooga offers an extensive benefits package that includes comprehensive health insurance, retirement, paid time off, tuition waivers and discounts, in addition to services to support employee health and wellness.

Benefits of Becoming a Moc

The scope of the Program Manager’s role includes:

Management
  • Coordinate and attend weekly SMILE Fund general meetings and executive committee meetings, biweekly marketing meetings, quarterly Investment Strategy Meetings.
  • Manage the Bloomberg Lab and assist students with improving their Bloomberg and Excel skills.
  • Manage student recruiting efforts.
  • Conduct mid-semester reviews of all student participants.
  • Maintain and update the SMILE Fund manual.
  • Develop relationships with local businesses, board members, and potential employers.
  • Maintain regular communication with students, faculty, staff, SMILE Fund alumni, board members, and supporters regarding SMILE Fund events.
Teaching and Mentoring
  • Critique analyst reports and prepare students for presentations/meetings.
  • Conduct occasional workshops and help develop cutting edge training programs.
  • Adjunct-teach classes as needed by the Finance program.
  • Chaperone students to events, as needed.
Additional responsibilities include:
  • Produce semi-annual reports on SMILE Fund activities.
  • Maintain a database on SMILE Fund students and alumni.
  • Assist in planning, scheduling, and implementing events.
  • Occasionally chaperone students to local events and on trips.
  • Participate in fundraising events.
  • Stand in for the director/assistant director during a temporary absence or sabbatical.
Minimum Qualifications:

Bachelor’s degree in a relevant field and two years of relevant experience, or an equivalent combination of training and experience.

The successful candidate will also demonstrate excellent written and oral communication skills, attention to detail, and ability to work independently as well as collaborate with colleagues across disciplines.

Preferred Qualifications:

Master’s or higher degree in Finance or related business field, and significant work experience in portfolio management or in managing SMIFs; experience with financial software such as Bloomberg; and demonstrated ability to provide instruction in various modalities through graduate studies, training, or experience, is also preferred.

The successful candidate must have some flexibility to meet with students after 5pm one day a week.

Review of applications will begin on May 31, 2024 and continue until the position is filled. Applications received by this date will receive priority consideration.

Initial interviews will be scheduled via zoom. Final interviews will be in person. Applicants should submit the following information within UTC’s online application system for full consideration:
  • A letter of interest
  • CV, including up-to-date personal contact information (e-mail, phone, etc.)
  • Names, addresses, telephone numbers, and email addresses for three (3) references

Qualifications :

The University of Tennessee Chattanooga is an EEO/AA/Title VI/Title IX/Section 504/ADA/ADEA institution. All qualified applicants will receive equal consideration for employment and will not be discriminated against on the basis of race, color, national origin, religion, sex, pregnancy, marital status, sexual orientation, gender identity, age, physical or mental disability, or protected veteran status.