Chief Advancement Officer - The University Of Chicago

Chief Advancement Officer

Apply remote type Hybrid locations Chicago, IL time type Full time posted on Posted 5 Days Ago job requisition id JR28701

Department

University of Chicago Booth School of Business

About the Department

The University of Chicago Booth School of Business is the second-oldest business school in the U.S. and second to none when it comes to influencing business education and business practices. Since 1898, the school has produced ideas and leaders that shape the world of business. Their rigorous, discipline-based approach to business education transforms students into confident, effective, respected business leaders prepared to face the toughest challenges.

Chicago Booth has the finest set of facilities of any business school in the world. Each of the four campuses (two in Chicago, one in London, and one in Hong Kong) reflects the architectural traditions of its environs while offering a state-of-the-art learning environment.

Chicago Booth is proud to claim:

• an unmatched faculty.
• degree and open enrollment programs offered on three continents.
• a global body of nearly 56,000 accomplished alumni.
• strong and growing corporate relationships that provide a wealth of lifelong career opportunities.

As part of the world-renowned University of Chicago, Chicago Booth shares the University's core values that shape the distinctive intellectual culture. At Booth, they constantly question and test ideas, and seek proof. This extraordinarily effective approach to business leads to new ideas and innovative solutions. Seven of the Booth faculty members have won Nobel Prizes for these ideas - the first business school to achieve this accomplishment.

Job Summary

This position reports to the Dean of Chicago Booth and is part of the School’s senior leadership. The Chief Advancement Officer (CAO) is responsible for the strategy and day-to-day execution of Advancement’s mission, to broaden and strengthen alumni engagement, thereby supporting the School’s philanthropic needs and broader business goals. Managing a global team of over 75 staff, the CAO oversees the functioning and integration of all Advancement functions, including fundraising (annual fund, leadership giving, major and principal gifts), alumni engagement, and advancement operations (analytics and business intelligence, campaign management, communications, donor relations, events, operations, project management, and prospect development). The CAO is responsible for maintaining and reinforcing a strong integration between alumni engagement and development, by advocating for strong communication and joint initiatives and metrics.

The CAO balances an internal and external role, with more than fifty percent focused externally on fundraising initiatives. Internally, the CAO is directing a large team to ensure a successful operation is ongoing. In addition, as a senior administrator, the CAO is the lead communicator and partner to school-wide partners. The CAO is a critical partner to deputy deans, Booth faculty, the MBA Program Offices, Academic Centers, Global Campuses, and Executive Education, in leveraging alumni to support school-wide goals and metrics. The position works in close partnership with the VP of Alumni and Development (ARD) at the University to ensure team alignment and coordination on fundraising strategies, policies, campaigns, and trustee engagement.

The CAO will oversee the new campaign that is now in the early development stage. The CAO serves on the Booth Management Group (BMG) and ARD’s Senior Leadership Team (SLT). Externally, the CAO is the chief development officer of the school, actively managing a PG portfolio as well as overseeing the dean’s portfolio and fundraising priorities and strategies. The CAO oversees the School’s senior volunteers, including the Council on Chicago Booth and Global Leaders Group (GLG), which support the School’s priorities and key initiatives.

Responsibilities

• As a member of Booth’s senior leadership and the Booth Management Group (BMG), contributes significantly to school wide strategy and key performance indicators. Communicate strategies internally and work closely with all BMG partners (Booth departments and centers) to leverage alumni to successfully execute Advancement and school wide priorities.
• Builds strong relationships with Booth faculty and understands the faculty culture at Booth. The CAO relies on faculty to participate in key Advancement activities, and the faculty partnership and endorsement is critical to the success of the CAO and Advancement.
• Leads and develops, through the Advancement Senior Team, an organization of more than 75 staff in multiple global locations, setting the strategic direction of the department, in terms of overall business objectives as well as talent management/workforce planning and budget.
• Motivates, inspires, and brings energy to the entire Advancement team. Mentors staff individually as well as by meeting with teams and cohort groups.
• Creates, directs, administers and evaluates integrated alumni engagement and fundraising strategies, applying state of the art and best practices techniques across all key markets to ensure robust and effective programs. Leverages technology, faculty and partners to innovate and experiment in providing alumni of all levels with what will compel them to engage with the School, such as lifelong learning, events, content, etc.
• Leads the planning and execution of a strategic global alumni engagement plan. As a critical component of the CAO position, demonstrating strong alumni engagement indicators are directly linked to future giving. The CAO oversees all elements of alumni engagement, including key market planning, reunions and events, lifelong learning, faculty engagement, student-alumni engagement, the alumni database, externally facing technology and communications, and partnering with Booth teams that leverage alumni to meet their goals.
• As chief development officer, cultivates, solicits and stewards a portfolio of principal gift prospects and contributes significantly to the School’s fundraising success. Supports the dean and the dean’s prospect portfolio. Directs the discussions between the president and dean as it relates to prospect strategy and campaign planning priorities.
• Ensures the prioritization of major gift prospect pipeline development processes, from ongoing research to developing prospect identification strategies, and processes for a steady pipeline of prospects and the strong pipeline of developing fundraising proposals for major donors and prospects.
• Oversees the strategy and execution of a strong Annual Fund program, to ensure the long-term health of the donor pipeline. Ensures integrated communication and coordination between the Annual Fund, Alumni Engagement, and Individual Giving teams.
• Working closely with the chairs, manages the Council on Chicago Booth and Global Leaders Group (GLG). Working closely with the senior associate director, volunteer programs and engagement, plans, organizes, and implements a volunteer management strategy to support the alumni groups around the world.
• Sustains a strong stewardship program to appropriately recognize and engage prominent donors; manages donor relations and prospect management systems, ensuring compliance with laws, regulations, and University policies.
• Builds strong relationships with ARD colleagues and serves on required ARD committees, including the University’s Alumni Relations and Development Senior Leadership team (SLT), chaired by the Vice President for Alumni Relations and Development, as well as the PG Council and ad hoc campaign committees. Works closely with the University to integrate Booth fundraising strategies with existing or new capital campaigns.
• Develops and manages a complex budget for operations and compensation, working closely with Finance and HR.
• Manages employees through senior managers. Oversees the development of performance goals, establishes the structure for allocating resources and assessing division or University policies.
• Sets annual and long-term activity goals and short-term operating plans for alumni fundraising programs. Develops and oversees the annual operating budget.
• Performs other related work as needed.

Minimum Qualifications

Education:

Minimum requirements include a college or university degree in related field.

Work Experience:

Minimum requirements include knowledge and skills developed through 10+ years of work experience in a related job discipline.

Preferred Qualifications

Education:

• Bachelor’s degree.
• MBA.

Experience:

• A minimum ten years of progressively responsible management/leadership experience, with demonstrated strategic leadership skills in leading a large team.
• A minimum ten years of fundraising and alumni engagement experience, managing a global operation and a large, multi-functional team.
• Professional work experience in a non-profit environment, including academia and business schools, or other large organizations, such as hospitals, arts organizations, etc.
• Background working in a matrixed organization.
• Background working with and serving multiple internal and external constituencies.
• Prior success in managing capital campaigns.

Preferred Competencies

• Proven ability to initiate and maintain networks with senior leadership, alumni, volunteers, students and other stakeholders.
• A results-oriented and successful track record of working with high-net-worth prospects and donors, and securing PG level gifts.
• Excellent communication and presentation skills.
• Strong knowledge of database systems and prospect management reporting processes and metrics.
• Proven ability to meet deadlines and work successfully under pressure.
• Serve on ad hoc committees at the Dean’s request.

Working Conditions

• This position is currently expected to work a hybrid schedule.
• Work and be on-call beyond work hours and weekends.
• Travel, both domestically and internationally.

Application Documents

• Resume/CV (required)
• Cover Letter (required)

When applying, the document(s) MUST be uploaded via the My Experience page, in the section titled Application Documents of the application.

Job Family

Alumni Relations & Development

Role Impact

People Manager

Scheduled Weekly Hours

37.5

Drug Test Required

No

Health Screen Required

No

Motor Vehicle Record Inquiry Required

No

Pay Rate Type

Salary

FLSA Status

Exempt

Pay Range

$290,000.00 - $340,000.00

The included pay rate or range represents the University’s good faith estimate of the possible compensation offer for this role at the time of posting.

Benefits Eligible

Yes

The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.

Posting Statement

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, national or ethnic origin, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

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