Endowment Compliance Manager (Restricted Fund Compliance Manager)

Job Summary

The Restricted Fund Compliance Manager will support RPI in fulfilling its responsibilities for endowment compliance by ensuring gift and endowed funds are expended in accordance with donor intent and that administrative obligations of the gift agreement are met. The Manager will also partner with campus offices around unspent gift funds and endowment payout for donor-funded endowments to identify and facilitate solutions to encourage consistent annual spending.

Who we are

Founded in 1824, Rensselaer Polytechnic Institute (RPI) is the first technological research university in the United States. We bring creativity, science, and technology together to address society's greatest challenges.

Minimum Qualifications

• Bachelor’s degree in Business Administration, Finance, Accounting, or a related field.
• Two or more years of experience in endowed fund management, gift agreements, or gift compliance.

Minimum Knowledge, Skills, and Abilities

• Knowledge regarding endowed fund management, gift agreements, and gift compliance.
• Technical, financial, and software skills - proficiency with the Microsoft Office Suite
• Ability to build collaborative relationships with internal colleagues and institute partners.
• Exercise a high degree of sensitivity in dealing with confidential donor information.

Preferred Knowledge, Skill, and Abilities

• Proven ability to successfully manage complex, multi-phase projects from inception to completion while balancing multiple concurrent priorities.
• Advanced technical and financial skills, including strong computer literacy and proficiency with systems, software, and the Microsoft Office Suite (Excel, Word, PowerPoint).
• Experience reviewing complex donor agreements or other legal documents.

Representative Job Duties

• Supports RPI in fulfilling its responsibilities for restricted fund compliance by ensuring gift and endowed funds are expended in accordance with donor intent and that administrative obligations of the gift agreement are met.
• Oversees spending of donor-funded gifts and endowments, with an emphasis on those with accumulated unspent payout.
• Manages and recommends actions for endowed funds that cannot currently be spent.
• Conducts comprehensive financial audits and offers independent fund analysis.
• Serves as the key point of contact for partners across campus regarding spending restrictions and preferences.
• Collaborates with Institute Advancement on stewardship reporting to donors.
• Collaborates with the Office of Financial Aid in awarding endowed scholarships.