Risk Officer (Performance), P3
Closing Period: 7/2/2022
Job Opening Number: 22-Programme Management-UNJSPF OIM-181968-R-New York (R)
Org. Setting and Reporting
The United Nations Secretary-General is responsible for the investment of the assets of the United Nations Joint Staff Pension Fund (UNJSPF). The Secretary-General has delegated this responsibility to the Representative of the Secretary-General for the investment of the assets of the UNJSPF (RSG). The RSG heads the Office of Investment Management (OIM), which manages a $80+ billion multi-asset class, global investment portfolio, about 85% of which is actively managed in-house. Asset classes under management comprise global equities, fixed income, foreign exchange, private equity, real estate, infrastructure, timber and commodities. OIM’s staff are all based in New York and come from over 30 countries. For more information please visit OIM's website at https://oim.unjspf.org/.
This position is located in Risk and Compliance. The incumbent reports to the Risk Officer.
Responsibilities
Within delegated authority, the Risk Officer will be responsible for the following duties:
- Participates in the development, implementation and evaluation of assigned programmes/projects, etc.; monitors and analyzes programme/project development and implementation; reviews relevant documents and reports; identifies problems and issues to be addressed and proposes corrective actions; liaises with relevant parties; identifies and tracks follow-up actions.
- Analysis of investment performance for all asset classes (fixed income, equities, and private markets).
- Create, prepare on a regular basis and analyze risk and performance reports.
- Monitor and identify risk, interpret reports and formulate risk reduction and performance enhancing options.
- Conducts due diligence to the Fund’s Custodian.
- Participate in the GIPS annual certification process.
- Researches, analyzes and presents information gathered from diverse sources.
- Assists in policy development, including the review and analysis of issues and trends, preparation of evaluations or other research activities and studies.
- Undertakes survey initiatives; designs data collection tools; reviews, analyzes and interprets responses, identifies problems/issues and prepares conclusions.
- Prepares various written outputs, e.g. draft background papers, analysis, sections of reports and studies, inputs to publications, etc.
- Provides substantive support to consultative and other meetings, conferences, etc., to include proposing agenda topics, identifying participants, preparation of documents and presentations, etc.
- Undertakes outreach activities; conducts training workshops, seminars, etc.; makes presentations on assigned topics/activities.
- Carries out other tasks as may be assigned by the Deputy Director, Risk and Compliance.
- Performs other duties as required.
Competencies
- Professionalism: Knowledge and experience of investment performance measurement for all asset classes (fixed income, equities, private equity and real estate). Knowledge and understanding of theories, concepts and approaches relevant to this field. Ability to identify issues, analyze and participate in the resolution of issues/problems. Ability to conduct data collection using various methods. Conceptual analytical and evaluative skills to conduct independent research and analysis, including familiarity with and experience in the use of various research sources, including electronic sources on the internet, intranet and other databases. Ability to apply judgment in the context of assignments given, plan own work and manage conflicting priorities. Shows pride in work and in achievements; demonstrates professional competence and mastery of subject matter; is conscientious and efficient in meeting commitments, observing deadlines and achieving results; is motivated by professional rather than personal concerns; shows persistence when faced with difficult problems or challenges; remains calm in stressful situations. Takes responsibility for incorporating gender perspectives and ensuring the equal participation of women and men in all areas of work.
- Teamwork: Works collaboratively with colleagues to achieve organizational goals; solicits input by genuinely valuing others’ ideas and expertise; is willing to learn from others; places team agenda before personal agenda; supports and acts in accordance with final group decision, even when such decisions may not entirely reflect own position; shares credit for team accomplishments and accepts joint responsibility for team shortcomings.
- Planning & Organizing: Develops clear goals that are consistent with agreed strategies; identifies priority activities and assignments; adjusts priorities as required; allocates appropriate amount of time and resources for completing work; foresees risks and allows for contingencies when planning; monitors and adjusts plans and actions as necessary; uses time efficiently.
Education
Advanced university degree (Master’s degree or equivalent) in business administration, management, economics, engineering or a related field. A first-level university degree in combination with qualifying experience may be accepted in lieu of the advanced university degree. CFA certification is desirable. CIPM certification is desirable.
Work Experience
A minimum of five years of progressively responsible experience in investment performance measurement and reporting for all asset classes (fixed income, equities, private markets) is required.
Experience in asset management or institutional investment management institutions is required.
Advance Excel experience is desirable.
Experience in VBA and Python (or other programming languages) is desirable.
At least two years of experience with implementing/monitoring GIPS is desirable.
Experience with risk and performance measurement software such as Bloomberg or MSCI Barra is desirable.
Languages
English and French are the working languages of the UN Secretariat. For this position, fluency in English is required. Knowledge of another UN official language is an advantage.
For more information on how to apply, please follow https://careers.un.org/lbw/jobdetail.aspx?id=181968&Lang=en-US