Chief of Section Risk and Compliance

Company:United Nations Joint Staff Pension Fund

Org. Setting And Reporting:

This position is located in the Investment Management Division (IMD) of the United Nations Joint Staff Pension Fund (UNJSPF). IMD is responsible for the day-to-day management of the investments of the Fund. The incumbent reports directly to the Director of the Investment Management Division and the Representative of the Secretary-General.


1.Assists the Representative of the Secretary-General and the Director of IMD in the development and implementation of the Fund's policy on investment risk control, compliance and performance and legal-related issues. Assists the Director of IMD in formulating the substantive work programme of the Risk & Compliance Section, determining priorities and allocating resources for the completion of outputs and their timely delivery.

2.Provides advice and support to senior management in special reviews of IMD objectives and related policies and procedures. Identifies potential management reviews of high sensitivity and complexity in areas such as risk management, compliance, performance and legal. Defines problems to be addressed in management reviews.

3.Monitors in close cooperation with the Director of IMD, emerging risks and integrates risk management principles consistent with the strategic framework and the risk budget of the Fund. Sets the tracking risk budget and monitors the tracking risk at the total Fund and various portfolio levels.

4.Performs oversight and monitoring of operational risk, including risk from sub-advisor and service-provider relationships by verifying Master Record Keeper(MRK) and performance data in due diligence of MRK.

5.Identifies, assesses and monitors risks relating to standards of ethical behavior, in particular with regard to management of conflicts of interest or the handling of confidential and inside information.

6.Oversees the management of activities undertaken by the Risk & Compliance Section to ensure that programmed activities are carried out in a timely fashion on all aspects of the Fund's operations, and makes recommendations on possible strategies and measures.

7.Ensures that all outputs produced by the Section under his/her supervision meet required standards before completion to ensure they comply with the relevant mandates

8.Coordinates the work carried out by different work units of IMD and by other agencies and bodies of the United Nations System.

9. Undertakes or oversees the programmatic tasks necessary for the functioning of IMD in relation to the Risk & Compliance Section including preparation of budgets, reporting on budget/programme, performance, evaluation of staff performance (e-PAS), interviews of candidates for job openings, evaluation of candidates and preparation of inputs for results based budgeting.

10.Coordinates and oversees the preparation of reports for presentation to the Investments Committee, Pension Board, and intergovernmental bodies, such as the Advisory Committee on Administrative and Budgetary Questions (ACABQ), the Fifth Committee, the General Assembly and other policy-making organs, as appropriate. Ensures independent reporting of the Fund’s performance to all advisory and governing bodies.

11.Manages, guides, develops and trains staff under his/her supervision.

12.Represents the Division at international, national and regional meetings as necessary.


Advanced university degree (Master's degree or equivalent degree) in finance, business management or related area is required. A first-level university degree in any of these fields, in combination with two additional years of qualifying work experience may be accepted in lieu of the advanced university degree.

Work Experience:

A minimum of 15 years of progressively responsible experience in investment risk management, performance measurement and compliance for pension plans is required. Experience in market and operations risk management is required. Operational oversight experience in an investment management organization is required.

Applicants are urged to follow carefully all instructions available in the online recruitment platform, Inspira. For more detailed guidance, applicants may refer to the At-a-Glance on "The Application Process" and the Instructional Manual for the Applicants, which can be accessed by clicking on “Manuals” on the upper right side of the browser on Inspira.

Please go to to apply, using Job Opening Number: 62707.