Result of ServiceDeliverables / Outputs: Requirements Gathering and Documentation: • Collaborate with key stakeholders to gather and document project requirements. Risk Governance and Risk Management Enhancement Recommendations: • Assist the Chief Risk and Compliance Officer, Senior Management team, and teams in analyzing existing risk management related to OIM. • Provide recommendations for enhancements to strengthen and evolve risk governance, risk management, solutions, tools and practices, aligning them with industry best practices. Risk Governance and Management Transformation support: • Based on recommendations, assist the Chief Risk and Compliance Officer, Senior Management team, and OIM teams in evolving the existing risk management related to OIM. • Draft and final versions of revised policies, charters, and frameworks (as required) • Workshop facilitation materials and summaries Project Schedule Management: • Develop and monitor a project completion schedule, allocating resources to project activities. Alternate Strategies: • Propose alternate strategies in case of differing opinions within the team. Post-Implementation Reviews: • Conduct post-implementation reviews to incorporate lessons learned from the project. Work LocationHybrid; Remote Expected duration6 months Duties and ResponsibilitiesThe 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 $90+ 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. For more information please visit OIM's website at https://oim.unjspf.org/. This consultancy is located in the Risk and Compliance Section of OIM. The consultant will work under the direct supervision of the Director of Risk and Compliance. The detailed responsibilities of the Consultant are as follows: Supporting Senior Management: • Collaborate with the Chief Risk and Compliance Officer, Risk Management and Compliance Team, the Chief Investment Officer and other members of the Senior Management team as required. • Review and analyze current frameworks, policies, risk governance practices and risk management solutions, structures, roles, mandates, and accountability lines. • Evaluate existing risk management beliefs, risk appetite statements, and reporting protocols across all relevant risk categories (e.g., investment, funding, liquidity, operational, strategic, and reputational risk). • Identify gaps, overlaps, inefficiencies, and potential blind spots in the current framework. • Develop tailored recommendations for strengthening the risk governance model, including committee mandates, escalation protocols, and risk culture enhancements, aligning them with industry best practices. • Propose improvements to the risk governance and risk management framework, and solutions • Design a practical roadmap prioritizing short-, medium-, and long-term implementation activities. • Support OIM in implementing high-priority changes, including drafting or revising policies, frameworks, and templates. • Facilitate executive and team workshops to align on roles, responsibilities, and cultural shifts. • Support existing coaching and change management to embed practices sustainably. • Advise on risk systems or tools. Functional Expertise and Guidance: • Evaluate requirements and provide functional expertise throughout the project. • Provide functional expertise that supports alignment between PA and OIM approaches Alternate Strategies and Collaboration: • Recommend alternate strategies if differences arise within the team. • Collaborate with various OIM teams and/or sections (Investment Management, Risk, Compliance, Legal, Procurement, Business Apps, Operations, and IT) for successful implementation. Project Timeline: • The target implementation date is 31 December 2025. External Engagement: • Liaise with external entities to gather insights and information necessary for program success. Evaluation and Learning: • Evaluate project outcomes based on established planning criteria. • Conduct post-implementation reviews to incorporate lessons learned. Qualifications/special skillsAdvanced university degree (Master’s degree or equivalent) in a business such as finance, Economics, or related field. An advanced degree or industry certification such as the CFA or CAIA is a strong plus. A first-level university degree in combination with qualifying experience may be accepted in lieu of the advanced university degree. The Senior Consultant is expected to have at least 10 years of experience within the pension and/or asset management industry is required. Experience as a consultant, having worked on similar projects with one of the major consulting firms globally. Ideally, have practical experience with large asset managers focusing on the pension and/or asset management. Experience as a consultant in creating and building new recommendations around risk governance and risk management practices within the pension and/or asset management industry. A minimum of 15 years of extensive experience and understanding of global pension practices is required. A minimum of 15 years of experience, with a proven track record in delivering recommendations related to pension and/or asset management industry best practices is required. A strong track record of real experience with similar projects, showing detailed process, analysis and actual implementation timeline and success. Experience in developing/implementing/optimizing business processes. Analytical and integration experience involving complex data sets. Extensive public/private Investment Management experience, primarily in Equities and Fixed Income, with knowledge in the Private Assets space. LanguagesEnglish and French are the working languages of the United Nations Secretariat. For the post advertised, fluency in English is required. Knowledge of another official United Nations language is an advantage. Additional InformationNot available. No FeeTHE UNITED NATIONS DOES NOT CHARGE A FEE AT ANY STAGE OF THE RECRUITMENT PROCESS (APPLICATION, INTERVIEW MEETING, PROCESSING, OR TRAINING). THE UNITED NATIONS DOES NOT CONCERN ITSELF WITH INFORMATION ON APPLICANTS’ BANK ACCOUNTS.