Current Openings


*Please see the current openings at The Firemen's Annuity and Benefit Fund below.

Chief Investment Officer (CIO)

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The Firemen’s Annuity and Benefit Fund of Chicago (FABF) is searching for a Chief Investment Officer (CIO). The CIO reports directly to the Retirement Board and is responsible for the oversight of FABF's investment process and portfolio. The assets of the Fund are managed externally by approximately 25 investment managers. Additionally, the Fund has an investment consultant that works directly with the CIO and Retirement Board. The Retirement Board holds monthly meetings and the investment portion of the meeting is led by the CIO, with the investment consultant attending and presenting relevant materials at each meeting.

Responsibilities

- Develop and maintain Fund’s Statement of Investment Policy.
- Implement Board-approved target asset allocation and asset transfers.
- Monitor and implement actions to meet monthly Fund cashflows.
- Develop and monitor risk measurement methodologies for each portfolio manager, asset class and entire portfolio. Propose revisions to portfolio risk exposure as needed.
- Prepare and present monthly Board meeting investment materials.
- Act as primary Fund contact with all external investment managers.
- Initiate all Board-approved manager searches, terminations, contract reviews and fee negotiations.
- Coordinate manager presentations, as requested by the Board. Coordinate biennial investment manager symposium. Conduct regularly scheduled meetings with investment managers.
- Conduct on-site due diligence meetings and product presentations as needed.
- Act as primary Fund contact for all investment related Fund communications and financial reporting.

Qualifications

Qualifications of the CIO candidates should include, but are not limited to:

- Advanced degree in a finance-related major. CFA designation, or working towards, preferred.
- Five or more years of institutional experience with a broad familiarity of all asset classes.
- Leadership experience in an investment role in a public employee retirement system, or other government agency.
- Experience interacting closely with a Board of Trustees and other government officials.
- Demonstrated experience working with external investment managers and investment consultants.
- Basic technology skills and knowledge of investment-related applications.
- Fundamental accounting and actuarial skills and understanding of all government reporting requirements.


The FABF provides excellent benefits to include:

- Medical, Dental, & Vision Insurance
- Defined Benefit Retirement Plan
- Paid Time Off, including vacation, holidays, sick & personal time
- Flexible Schedule

The salary range for the position is commensurate with experience and qualifications. Please submit a cover letter, resume and any other relevant information, including questions, to: lestrada@bbp-chicago.com by 4pm on February 5, 2018.


Defined Benefit Analyst

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Reporting to the Deputy Director, the Defined Benefit Analyst shall be responsible for the accuracy and integrity of actual and estimated employee benefits calculations based on an understanding of the requirements of the Illinois Compiled Statutes and all required documentation and accounting related to the participant benefit.

Responsibilities

- Benefit application processing and calculation based on a thorough knowledge of the Illinois Pension Code
- Special project work analyzing benefit structures and payments in response to litigation, legislative changes, and for informational analysis requests.
- Participant Contribution Accounting/Pension Deduction Ledger Accounts maintenance and reconciliation
- Provide Qualified Illinois Domestic Relations Orders (QILDRO) calculations in response toa subpoena or participant request and for retirement application processing.
- Utilization and maintenance of the Fund’s benefit management and accounting system and the Fund’s document management system.
- Building and maintaining spreadsheets utilizing database input to assist in the calculationof various types of participant account adjustments and benefits

Qualifications

The qualifications for the Defined Benefit Analyst postion are:

- A four-year degree in the accounting, finance, business or a similar discipline or
- Three years of professional experience in the calculation of benefit payments, payroll processing or equivalent
- Professional experience using Microsoft Word and Microsoft Excel
- Must be able to meet deadlines within time constraints
- Must be able to work harmoniously and communicate with other staff members
- Good verbal and written communication skills required

The FABF provides excellent benefits to include:

- Medical, Dental, & Vision Insurance
- Defined Benefit Retirement Plan
- Paid Time Off, including vacation, holidays, sick & personal time.
- Flexible Schedule

The starting salary for the position is dependent on experience and qualifications.

Please email your resume to info@fabf.org by March 15, 2018.

Administrative Assistant

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The Firemen’s Annuity and Benefit Fund of Chicago (the “FABF”) is seeking a qualified candidate to act as an “Administrative Assistant” to the FABF. Administrative Assistant responsibilities include, but are not limited to, completing all seminar and meeting arrangements, preparing reports and maintaining appropriate filing systems. The ideal candidate should have excellent oral and written communication skills and be able to effectively utilize Microsoft Office software and standard office equipment. Qualified candidates may also have past experience as a Secretary or Administrative Assistant and familiarity within the public pension fund industry.

Responsibilities

- Answer and direct phone calls
- Organize and schedule appointments
- Assistance in planning meetings
- Take detailed minutes
- Write and distribute emails, correspondence memos, letters, faxes and forms
- Coordinate responses to Freedom of Information Act requests
- Assist in the preparation of regularly scheduled reports
- Develop and maintain a filing system
- Update and maintain office policies and procedures
- Order office supplies and meeting supplies
- Maintain contact lists
- Book travel arrangements
- Submit and reconcile expense reports
- Provide general support to visitors
- Act as the point of contact for participants
- Handle requests and queries from senior managers and Trustees Requirements
- Knowledge of office management systems, policies and procedures
- Working knowledge of office equipment, like printers and fax machines
- Proficiency in MS Office (MS Excel and MS Word and MS PowerPoint, in particular)
- Excellent time management skills and the ability to prioritize work
- Attention to detail and problem-solving skills
- Excellent written and verbal communication skills
- Strong organizational skills with the ability to multi-task
- High School degree; additional qualification as an Administrative assistant or Secretary or additional higher education will be a plus
- A writing sample will be required at the time of interview

The FABF is seeking an individual who is available full-time, 40 hours per week within our office hours of 8:00 a.m. to 4:30 p.m., Monday thru Friday. Starting salary range $35,000-$40,000 per year depending on experience and qualifications.

The FABF currently provides benefits that include:

- Medical, Dental, & Vision Insurance
- Defined Benefit Retirement Plan
- Paid Time Off, including vacation, holidays, sick & personal time

Please email your resume to info@fabf.org by May 7th, 2018.

Receptionist

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The Firemen’s Annuity and Benefit Fund of Chicago (the “FABF”) is seeking a qualified candidate to act as a “Receptionist” to the FABF. Receptionist responsibilities include, but are not limited to, answering, screening, and forwarding incoming phone calls and greeting and welcoming guests as soon as they arrive at the office. The ideal candidate should have good oral and written communication skills and be able to effectively utilize Microsoft Office software and standard office equipment. Qualified candidates may also have previous experience as Receptionist and familiarity within the public pension fund industry.

Responsibilities

- Greet and welcome guests as soon as they arrive at the FABF office
- Direct visitors to the appropriate person at the FABF
- Answer, screen and forward incoming phone calls
- Ensure reception area is tidy and presentable, with all necessary stationery and material (e.g. pens, forms and brochures)
- Provide basic and accurate information in-person and via phone/email
- Receive, sort and distribute daily mail/deliveries
- Maintain office security by following safety procedures and controlling access via the reception desk
- Update calendars and schedule meetings
- Perform other clerical receptionist duties such as filing, photocopying, transcribing and faxing, as needed Requirements
- Proven work experience as a Receptionist, Front Office Representative or similar role
- Proficiency in Microsoft Office Suite
- Hands-on experience with office equipment (e.g. fax machines and printers)
- Professional attitude and appearance
- Good written and verbal communication skills
- Ability to be resourceful and proactive when issues arise
- Excellent organizational skills
- Multitasking and time-management skills, with the ability to prioritize tasks
- Customer service attitude
- High school degree; additional certification or college course work in Office or Business Management is a plus

The FABF is seeking an individual who is available full-time, 40 hours per week within our office hours of 8:00 a.m. to 4:30 p.m., Monday thru Friday. Starting salary range $30,000-$35,000 per year depending on experience and qualifications.

The FABF currently provides benefits including:

- Medical, Dental, & Vision Insurance
- Defined Benefit Retirement Plan
- Paid Time Off, including vacation, holidays, sick & personal time.

Please email your resume to info@fabf.org by May 7th, 2018.

Clerical Assistant

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The Firemen’s Annuity and Benefit Fund of Chicago, the pension fund for the City of Chicago Firefighters is seeking a part-time Clerical Assistant to perform a variety of routine clerical duties. This position will be primarily responsible for covering the reception desk and answering incoming calls. Additional responsibilities include but are not limited to:

- Scan member documents and input information into the Fund's database.
- Sorting and distribution of mail
- Respond to member requests by forwarding relevant correspondence and
- Assist members who visit the office with questions and review and accept personal documents such as birth certificates, marriage certificates and change of beneficiary forms.
- Run errands as requested by office staff, most often, but not limited to delivery of important documents to City Hall and law offices within the Loop.

We are primarily seeking an individual(s) who is available part time, possibly up to 30 hours per week with flexible hours within our office hours of 8:00 a.m. to 4:30 p.m., Monday thru Friday. Good customer service skills and some computer skills required. Starting salary $13.50 per hour. Please forward your resume to info@fabf.org by May 7th, 2018.