Risk Officer (Performance)

United Nations - New York, NY

New York, NY

Executive, Legislative, and Other General Government Support

About the position

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 $95+ 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 but come from over 40 countries. The Risk Officer reports to a Team Lead and will play a key role in producing comprehensive Investment performance reports across multiple asset classes and the overall Fund, as well as conducting attribution analysis to identify the performance drivers. The Risk Officer will collaborate with the custodian to ensure the quality of data in the performance system, will assess the potential impact of new SAAs, new accounts, and new instruments to investment hierarchy and performance reporting. The role will also involve participation in various projects carried out within the Fund.

Responsibilities

• Produce investment performance reports on a regular basis for internal and external stakeholders and seek opportunities to enhance efficiency of the performance reporting process through standardization and automation.
• Conduct attribution analysis to identify performance drivers and assess the performance of different portfolios against their respective benchmarks.
• Collaborate closely with the Fund's record keeper and portfolio managers to ensure data accuracy.
• Assist in drafting the GIPS report and support the GIPS verification process.
• Collaborate in the evaluation of the potential impact of new SAAs, new accounts, and new instruments to investment hierarchy and performance reporting and implement changes in the working files when necessary.
• Participate in the development, implementation, and evaluation of assigned programmes/projects/reports, etc.; monitors and analyzes programme/project development and implementation; runs and 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.
• Conduct ad hoc analyses and performance reports to senior management committees, Investment committee, Pension Board, ACABQ, Fifth committee and Auditors.
• Assist in policy development, including updating policy and procedure documents related to investment performance activity to ensure internal consistency with the current state.
• Prepare various written outputs, e.g. draft background papers, analysis, sections of reports and studies, inputs to publications, e-mails etc.
• Research, analyze and present information gathered from diverse sources.
• Collect and analyze data to identify trends or patterns and provide insights through graphs, charts, tables and reports using data visualization methods to enable data-driven planning, decision-making, presentation and reporting.
• Provide substantive support to consultative and other meetings, conferences, etc., to include proposing agenda topics, identifying participants, preparation of documents and presentations, preparation of minutes etc.
• Undertake survey initiatives; design data collection tools; review, analyze and interpret responses, identify problems/issues and prepare conclusions.
• Undertake outreach activities; conduct training workshops, seminars, etc.; make presentations on assigned topics/activities.
• Perform other duties as required.

Requirements

• Advanced university degree (Master's or equivalent) in Business Administration (MBA), Finance, Economics, Mathematics, Engineering or related field is required.
• A first level university degree in combination with academic qualifications and experience in risk management / Investment performance may be accepted in lieu of the advanced degree.
• Minimum of 5 years of progressively responsible experience in investment analysis, risk management, investment performance or a related area is required.
• At least 2 years of experience in data analytics or related area is desirable.
• Experience with programming languages such as Python is desirable.
• Fluency in English is required. Knowledge of another UN official language is an advantage.

Nice-to-haves

• CFA or CIPM is desirable.
• Knowledge of Power BI is desirable.

Benefits

• The United Nations Secretariat is committed to achieving 50/50 gender balance in its staff.
• Female candidates are strongly encouraged to apply for this position.