Retirement Plan Manager 9149

City of Los Angeles

A Retirement Plan Manager develops, recommends, and implements policies of a Board of Commissioners or Board of Administration; directs the administration of a retirement or pension program, including programs for investing funds and administering benefits; plans organizes, and directs the work of employees engaged in such activities; applies sound supervisory principles and techniques in building and maintaining an effective workforce, and fulfills equal employment opportunity responsibilities.

REQUIREMENT(S)/MINIMUM QUALIFICATION(S)

  • Two years of full-time paid experience with the City of Los Angeles at the level of an Assistant Retirement Plan
  • Manager which provides experience in the development and administration of retirement benefit services or operations of a pension or retirement plan; or
  • Two years as an Assistant Retirement Plan Manager with the City of Los Angeles; or

A. Graduation from an accredited four-year college or university with at least 24 semester or 36 quarter units completed in finance, accounting, or business administration; and

B. Three years of full-time paid professional experience performing two or more of the following areas:

  • Public retirement/pension plan
  • Benefits and/or personnel administration
  • Investment counseling
  • Financial administration
  • Actuarial concepts
  • Legal requirements of retirement/pension plan; and

C. One year of full-time paid professional experience supervising professional staff performing two or more of the areas indicated in Requirement 3b.

PROCESS NOTES

  • Applicants who lack six months or less of the required experience may file for this examination. However, they cannot be appointed until the full experience requirement is met.
  • Some positions may require a valid California driver’s license. Candidates may not be eligible for appointment to these positions if their record within the last 36 months reflects three or more moving violations and/or at-fault accidents, or a conviction of a major moving violation (such as DUI).
  • For qualifying work experience gained outside of the City of Los Angeles, the term “professional experience” applies to positions that require possession of a degree from an accredited four-year college or university in order to obtain that position. Therefore, to be considered “professional,” non-City qualifying experience must be gained in positions after obtaining a four-year degree.
  • On your application, your work history must clearly distinguish between your years of experience personally performing and years of experience supervising the required areas by separately listing the dates of personal performance and supervision.
  • A Master’s degree in Business Administration, Public Administration, or Accounting is desired, but not required.
  • Applicants qualifying under Requirement #3 must list the course titles with the number of semester or quarter units, school attended and completion dates in the Supplemental Questions section of the application.
  • Applicants who fail to provide this information on their application will not be considered further in this examination and their applications will not be processed.
  • Please note that qualifying education must be from a college or university accredited by a City of Los Angeles recognized agency. A list of approved accrediting agencies can be found at http://per.lacity.org/Accredited%20Institutions%2008-21-08.pdf (Download PDF reader).
  • In future administrations, it is anticipated that the Requirements/Minimum Qualifications may change.

WHERE TO APPLY & APPLICATION DEADLINE

Applications will only be accepted on-line. When you are viewing the on-line job bulletin of your choice, simply scroll to the top of the page and select the “Apply” icon. On-line job bulletins are also available at https://www.governmentjobs.com/careers/lacity.

NOTE:

Applicants are urged to apply early to ensure you have time to resolve any technical issues you may encounter.

APPLICATION DEADLINE

Applications must be received by THURSDAY, FEBRUARY 27, 2020.

In accordance with Civil Service Rule 4.2, all applicants who apply may not be tested in this examination. To meet anticipated hiring needs, only a limited number of qualified applicants will be invited to participate in the selection process in the following order: 1) Los Angeles City Promotional applicants who meet the minimum requirements. You must have received a regular appointment to a City position or be on a reserve list to apply for this examination as a promotional candidate; 2) Applicants currently employed by the City of Los Angeles on a part-time or exempt basis who meet the minimum requirements; 3) Remaining applicants who meet the minimum requirements in sufficient numbers to meet hiring needs based on a random sampling of those qualified candidates. Applications submitted during the filing period may be kept on file in the event that additional applicants need to be tested to meet hiring needs.

SELECTION PROCESS

Examination Weight: Interview . . . . . . . . . . . . . . . . . . . .100%

The examination will consist entirely of an evaluation of personal and professional qualifications by interview. In the interview, emphasis may be placed on the candidate’s experience, training, and background as they have provided knowledge of: regulations and operating procedures of the City’s retirement plans, including benefit and financial administrations; relevant Internal Revenue Code provisions in regards to defined benefit plans; principles and practices of pension and retirement fund investment management including institutional investing, asset allocation and classification, and investment strategies for achieving long term investment returns; principles of organizational and personnel management and administration including employee engagement and team building; and the ability to: prepare and interpret actuarial studies, reports and statistical and financial data; develop and administer large operational budgets and strategic plans; exercise sound business, investment, and administrative judgment; plan and supervise the maintenance of records; apply sound supervisory and leadership principles and practices, including Equal Employment Opportunity; assume direct responsibility for all aspects of the performance of a work group while maintaining employee morale and productivity; formulate and implement practical and effective solutions to problems; plan, develop, implement, and oversee organizational policies and programs; make oral presentations before large groups; communicate effectively and deal tactfully with a variety of individuals and stakeholders; and other necessary knowledge, skills, and abilities.

Candidates will be notified later by e-mail of the date, time, and location of the interview, which will be held in Los Angeles. It is anticipated that interviews will begin during the period of APRIL 6, 2020 to APRIL 17, 2020.

NOTES:

  1. Appointment to this class is subject to a one-year probationary period under the provisions of Section 1011 of the Los Angeles City Charter.
  2. As a covered entity under the Fair Employment and Housing Act and Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and upon request, will provide reasonable accommodations to ensure equal access to its programs, services, and activities. To request a disability accommodation, please complete the Disability Accommodation Form within 14 calendar days of the submittal of the City application. The Disability Accommodation Form can be obtained at http://per.lacity.org/exams/verify_disability.pdf (Download PDF reader).
  3. The successful candidate(s) may be required to pass a medical examination prior to appointment.
  4. Applications are accepted subject to review to ensure that minimum qualifications are met. Candidates may be disqualified at any time if it is determined that they do not possess the minimum qualifications stated on this bulletin.
  5. In conjunction with Civil Service Rules, applicants who have received a regular appointment to a City position or are on a reserve list will be considered Promotional candidates while all other applicants will be considered Open candidates.
  6. Promotional candidates will accrue seniority credit at the rate of 0.10 of a point for each year of continuous service in those City classes which provide qualifying experience for this position. A maximum of one point will be added to the score of those candidates.
  7. The promotional list will ordinarily be used ahead of the open competitive list. However, if open competitive candidates receive a higher score, without military credits than the highest available promotional candidate, after adding seniority credit as indicated above, the Civil Service Commission, upon request of the appointing authority, may approve certification of such open competitive candidates ahead of the promotional candidates.
  8. A final average score of 70% or higher is required to be placed on the eligible list.
  9. In accordance with Civil Service Rule, Sec. 4.24, review periods may be combined. Candidates in the examination process may file protests as provided in Sec. 4.20, 4.22, and 4.23 as applicable and within the required time frame; however, the Personnel Department may respond to and resolve protests prior to the establishment of the eligible list.
  10. If in accordance with the Rule of Three Whole Scores, all candidates are eligible for appointment consideration, the examination will consist entirely of an evaluation of the candidates’ City employment applications by Personnel Department staff to ensure that the minimum requirements have been met.

Notice:

If you receive and accept an offer of employment to a regular position with the City of Los Angeles, your employee benefit coverage (including health and dental coverage as well as life insurance) will commence approximately six weeks after your original regular appointment. Not all positions in the City receive benefit coverage; you should inquire regarding the availability of employee benefits prior to accepting a position. All-City employees are required to be Disaster Service Workers.

THIS EXAMINATION IS TO BE GIVEN BOTH ON AN
INTERDEPARTMENTAL PROMOTIONAL AND OPEN COMPETITIVE BASIS

The City of Los Angeles does not discriminate on the basis of race, religion, national origin, sex, age, marital status, sexual orientation, gender identity, gender expression, disability, creed, color, ancestry, medical condition (cancer), or Acquired Immune Deficiency Syndrome.

Salary: $179,672.00 – $223,248.00 Annually