Org. Setting and ReportingThe 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 $100+ 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 position is located in Risk and Compliance. The incumbent reports to the Risk Officer. ResponsibilitiesWithin delegated authority, the Risk Officer will be responsible for the following duties: • Monitor and identify market risk for public equities and fixed income securities, prepare and interpret reports and formulate risk reduction and performance enhancing options. • Provide assistance to Asset-Liability management and benchmark studies within a pension fund context and strategic asset allocation exercises. • Assists in policy development, including conducting quantitative analysis on Fund's assets for the effectiveness and use of indexed tools and derivatives instruments for hedging equity, currency, duration, interest rate, and other risks. • Contribute to the ongoing development, enhancement and day to day operations of risk budget, value at risk, stress testing and other market risk measurements for the Fund's market risk exposures. • Prepares various written outputs, e.g. weekly, monthly, quarterly and annual reporting on the Fund's market risk for Global Public Equities and Global Fixed Income and running Risk dashboard reports and produce new market risk report as needed • 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. • Performs assignments, in collaboration with the colleagues, by planning facilitating workshops, through other interactive sessions and assisting in developing the action plan the risk team will use to manage the change. • Researches, analyzes and presents information gathered from diverse sources, such as assisting with preparing and finalizing modelling and integration of risk statistics by conducting research on risk metrics reports to provide quantitative inputs on various investment proposals and existing portfolio of investments. • Undertakes survey initiatives; designs data collection tools; reviews, analyzes and interprets responses, identifies problems/issues and prepares conclusions. • 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. • Coordinates activities related to budget and funding (programme/project preparation and submissions, progress reports, financial statements, etc.) and prepares related documents/reports (pledging, work programme, programme budget, etc.). • Performs other duties that may be assigned by the Risk Officer, Senior Risk officer or the Chief Risk and Compliance officer. Competencies• Professionalism: Knowledge and understanding of theories, concepts and approaches relevant to market risk management (Equities and Fixed Income). 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. • Accountability: Takes ownership of all responsibilities and honours commitments; delivers outputs for which one has responsibility within prescribed time, cost and quality standards; operates in compliance with organizational regulations and rules; supports subordinates, provides oversight and takes responsibility for delegated assignments; takes personal responsibility for his/her own shortcomings and those of the work unit, where applicable. EducationAdvanced university degree (Master’s degree or equivalent) in business administration, finance, economics, engineering, computer science or a related field. A first-level university degree in combination with qualifying experience may be accepted in lieu of the advanced university degree. Job - Specific QualificationNot available. Work ExperienceA minimum of five years of progressively responsible experience in market risk management or similar technical function for an asset manager or asset owner is required. Experience in coding with Python or other equivalent programming languages is required Experience of at least 2 years in managing risk for equities or fixed income securities is desirable. Experience in implementing risk systems is desirable. LanguagesEnglish and French are the working languages of the United Nations Secretariat. For this job opening, English is required. The table below shows the minimum required level for each skill in these languages, according to the UN Language Framework (please consult https://languages.un.org for details).