Chief Technology Officer


Position Summary

Hands on leader responsible for providing strategic direction, leadership, and management of technology infrastructure. CTO is responsible for oversight of outsourced IT staff including desktop support, system administrators, network engineers, and IT Manager as well as business systems development projects through the entire life cycle of a project (requirements gathering, design, specification writing, and implementation).



Primary Responsibilities

  • Serve as a liaison between technology group and senior management.
  • Manage all technology resources both internal and outsourced.
  • Recommends and plans information technology to support and meet company objectives based on research and evaluation.
  • Directs implementation and execution of new/upgraded information systems via well-defined plans including testing and implementation procedures, deadlines, and accountability.
  • Guide the company technologically, moving the current groups from an ad-hoc reactionary function to a proactive function operating with a holistic plan that supports the current business and will enable future growth.
  • Manage department budgets.



Education and Experience

  • Bachelor of Science in computer science or finance coupled with 10 or more years experience in IT or systems development for financial services industry.
  • Five or more years project management experience with emphasis on enterprise systems development or support
  • Five or more years management experience
  • Mutual fund industry experience strongly preferred
  • Proactively look for solutions to improve business processes
  • Ensure ProFunds' staff needs are met with effective and efficient desktop support
  • Ensure networking, voice, and data solutions meet company needs
  • Evaluate and implement IT procedures
  • Assist in budget planning for IT equipment and projects
  • Ensure security policies are met
  • Manage vendor relationships
  • Coordinate production system support
  • Assist with disaster recovery planning and testing