at Lumen in Springfield, Illinois, United States
Job Description
About Lumen
Lumen connects the world. We are igniting business growth by connecting people, data and applications – quickly, securely, and effortlessly. Together, we are building a culture and company from the people up – committed to teamwork, trust and transparency. People power progress.
Lumen’s commitment to workplace inclusion and employee support shines bright. We’ve made the Newsweek 2024 Greatest Workplaces for Diversity list and achieved a perfect score of 100 on the Human Rights Campaign Corporate Equality Index (CEI) for the fifth consecutive year. Plus, we’re the top employer in the communications and telecom industry, ranking 12th overall across all industries in The American Opportunity Index.
We’re looking for top-tier talent and offer the flexibility you need to thrive and deliver lasting impact. Join us as we digitally connect the world and shape the future.
The Role
CenturyLink Investment Management (CIM), a subsidiary of Lumen Technologies, Inc., is the investment fiduciary responsible for the management of Lumen’s employee benefit assets. The group manages $11.5 billion in assets across defined benefit pension, 401(k), and several smaller trusts. CIM is responsible for determining governance structure, designing and implementing investment strategies, developing investment policies, and managing vendor relationships.
Reporting to the Director of Asset Allocation & 401(k), this role will have broad responsibility in helping to ensure that the Lumen 401(k) Plan and its individual investment options meet their objectives and the needs of the various stakeholders. The individual will work closely with all CIM teams and utilize external resources to help shape the strategic characteristics of the trust, manage the portfolio, and facilitate internal and external engagement through effective communication.
Location
Lumen has a strong preference for Denver applicants, but this role is designated fully-remote.
The Main Responsibilities
+ Help oversee the investment options in the 401(k), which are custom, white-label funds that CIM designs and manages, and include active multi-manager core funds, passive core funds, and multi-asset class target date funds.
+ Assist in the management of custom target date fund portfolios, including setting strategic asset allocation, evolving the glide path, rebalancing, monitoring, and reporting.
+ Analyze investment results and related metrics to provide a thorough understanding of the drivers of portfolio performance and characteristics.
+ Develop effective communications materials for internal and external stakeholders, such as the board of directors and plan participants.
+ Maintain a deep understanding of best practices in the 401(k) market and assist in the evaluation and determination of appropriate investment options for the Lumen Plan.
+ Research new investment strategies and other potential improvements to investment options.
+ Maintain productive relationships with investment managers, peer plans, service providers and other industry contacts.
+ Contribute to projects for the defined benefit pension and for the small trusts.
What We Look For in a Candidate
Required
+ Undergraduate degree in business, finance, economics, or a related field.
+ 5-10 years of applicable investment experience, preferably including working with 401(k) plans.
+ Chartered Financial Analyst (CFA) designation or candidacy.
+ Unquestionable integrity and the highest ethical standards.
+ Critical thinking ability, curious and proactive mindset with an evident passion for investing.
+ A deep understanding of investment theory and practice, and a drive to generate strong investment results.
+ Ability to effectively communicate, both orally and in writing, to a broad range of audiences.
+ A team-oriented and collegial style: i.e. the ability to work constructively with a broad variety of colleagues and contribute effectively to a team environment.
+ Excellent analytical and modeling skills, including proficiency with Power BI, Excel, and preferably with other tools for investment and data analysis.
Compensation
The starting salary for this role differs based on the employee’s primary work location. Employees typically do not start at the top of the range, though compensation depends on each individual’s qualifications.
Location Based Pay Ranges
+ $95,620 – 127,490 in these states: AR, ID, LA, ME, MS, NE, SC, SD
+ $100,650 – $134,200 in these states: AZ, FL, GA, IN, IA, KS, MO, MT, NM, ND, OH, OK, PA, TN, UT, VT, WV, WI, WY
+ $105,690 – $140,910 in these states: CO, HI, MI, MN, NV, NH, NC, OR, RI
+ $110,720 – $147,620 in these states: AK, CA, CT, DE, DC, IL, MD, MA, NJ, NY, TX, VA, WA
As with the pay range variety that’s based on the region of a country, specific offers are determined by various factors such as experience, education, skills, certifications and other business needs.
Requisition #: 333779
Background Screening
If you are selected for a position, there will be a background screen, which may include checks for criminal records and/or motor vehicle reports and/or drug screening, depending on the position requirements. For more information on these checks, please refer to the Post Offer section of our FAQ page (https://jobs.lumen.com/global/en/faq) . Job-related concerns identified during the background screening may disqualify you from the new position or your current role. Background results will be evaluated on a case-by-case basis.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Equal Employment Opportunities
We are committed to providing equal employment opportunities to all persons regardless of race, color, ancestry, citizenship, national origin, religion, veteran status, disability, genetic characteristic or information, age, gender, sexual orientation, gender identity, gender expression, marital status, family status, pregnancy, or other legally protected status (collectively, “protected statuses”). We do not tolerate unlawful discrimination in any employment decisions, including recruiting, hiring, compensation, promotion, benefits, discipline, termination, job assignments or training.
Disclaimer
The job responsibilities described above indicate the general nature and level of work performed by employees within this classification. It is not intended to include a comprehensive inventory of all duties and responsibilities for this job. Job duties and responsibilities are subject to change based on evolving business needs and conditions.
Salary Range
Salary Min :
95620
Salary Max :
147620
This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Individual pay is based on skills, experience and other relevant factors.
This position is eligible for either short-term incentives or sales compensation. Director and VP positions also are eligible for long-term incentive. To learn more about our bonus structure, you can view additional information here. (https://jobs.lumen.com/global/en/compensation-information) We’re able to answer any additional questions you may have as you move through the selection process.
As part of our comprehensive benefits package, Lumen offers a broad range of Health, Life, Voluntary Lifestyle and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing. You can learn more by clicking here. (https://centurylinkbenefits.com)
Please be advised that Lumen does not require any form of payment from job applicants during the recruitment process. All legitimate job openings will be posted on our official website or communicated t
