Boeing Co., Chicago, is searching for a senior manager-investment strategy and asset allocation, who would oversee all aspects of the company's $20 billion 401(k) plan. From the job description, the successful candidate apparently also would have some duties with its $30 billion pension fund.
Boeing officials didn't return calls.
According to a company statement, the senior manager's duties include recommendingmanager selection, benchmarks and types of investment products for the 401(k). Other duties include regular monitoring of managers to ensure they maintain return and risk objectives. The senior manager, according to the statement, would also "assist in defining Boeing's approach to generating portfolio returns," including market timing, asset allocation and security selection. In addition, the senior manager would assist in evaluating private equity, illiquid investments, inflation-sensitive investments, absolute return strategies, completeness funds, normal portfolios and leverage.
Qualifications include plan sponsor, investment consulting or investment management experience. Anyone interested may apply to Boeing.