Org. Setting and ReportingThe United Nations Joint Staff Pension Fund (UNJSPF) was established in 1948 by the United Nations General Assembly to provide retirement, death, disability, and related benefits for staff of the United Nations and other member organizations of the Fund. The UNJSPF pays benefits in 18 currencies to more than 80,000 beneficiaries who reside in 190 countries, and services more than 140,000 participants who work in the 25 member organizations of the UNJSPF. The Fund has offices in New York (United States) and Geneva (Switzerland) and two liaison offices in Nairobi (Kenya) and Bangkok (Thailand), respectively. The United Nations Joint Staff Pension Fund-Pension Administration (UNJSPF-PA) comprises about 250 staff from diverse countries and cultures, based across four prominent duty stations (New York, Geneva, Bangkok, and Nairobi). We are a career employer offering unique opportunities for growth within the United Nations system. We offer staff competitive benefits, including up to six weeks of annual leave per year, a defined benefit pension plan (not subject to variation of capital markets), parental leave, a comprehensive insurance plan, and flexible working arrangements subject to operational requirements. Our office is located in the heart of Manhattan, within walking distance from the Grand Central Station hub, in a state-of-the-art facility (the One Dag Hammarskjöld building). Visit www.unjspf.org for more details. This position is located in the Cashier's Unit of the Financial Services Section of the United Nations Joint Staff Pension Fund-Pension Administration (UNJSPF-PA). The Cashier’s Unit is responsible for directing and controlling the Fund’s treasury activities, managing the cash flow operations of the Secretariat. The Unit also recommends and coordinates the implementation of periodic and non-recurrent payment systems for worldwide application, including the selection of banks, value dates, manual and electronic payment systems. In addition, the Unit is responsible for establishing methods to interface the electronic payment systems into existing Pension Fund infrastructure. The Cashier of the Cashiers Unit reports to the Chief Financial Officer, UNJSPF. ResponsibilitiesWithin delegated authority, the Treasurer will be responsible for the following: 1. Under the general supervision of the Chief Financial Officer, directs and controls the Fund's treasury activities, manages the cash flow operations of the UNJSPF-PA, ensuring the adequate funding of bank accounts: • Authorizes payment, on behalf of the Chief Executive Officer of the Fund, for Pension Fund disbursements totaling approximately 3 billion dollars per annum; • Manages a cash flow of over 250 million dollars per month, involving approximately 27 currencies, by: evaluating payment patterns, projecting future requirements, evaluating the time needed to clear payments through various banks throughout the world, ensuring that adequate funds are available, and arranging for the transfer of funds to bank accounts to cover operational requirements; • Arranging for transfer of excess funds to the Office of Investment Management of the Fund to invest; • Keeps abreast of international currency markets and decides, within the pre-established time frame, the amount of currency required for the monthly payroll; • Manage and supervise the investigations relating to returned payments, unidentified credits, claims of non-receipt of payments and other problems • Keeps abreast of policy changes established by central banks world-wide, including two-tiered currency systems, exchange controls, and developmental policies within the national banking systems. Applies systems within the Fund to conform to above policy changes. • Negotiates and established policy vis-a-vis international banks on compensation for services, and to decide on the development of costing formulae for payments, research and systems development; • Liaise with the bank representatives and the Office of the Foreign Assets Control (OFAC) for the timely resolution of any payment affected due to embargo and or sanction • Represents the Fund in policy discussions with the UN Treasurer and international banks on all matters relating to banking services, payment systems, costing formulae, cash flow projections, and other financial matters; • Establishes security procedures and ensures their implementation and maintenance within the Fund and by external agencies operating on behalf of the Fund. 2. Develops and implements systems for international currency payments by selecting banks, deciding on value dates, analyzing manual and electronic payment systems, deciding on choice or methods for settlement of standard and dual currency payments between central banks, and establishing methods to interface the systems into the existing Pension Fund infrastructure: • Monitors and analyzes developments in government and private sectors on regulations, trends and systems development, for application to the Fund's payment operations, with the purpose of taking the necessary steps- in emergency situations where the banking system in a given country is closed or restricted - to obtain the release of funds representing UNJSPF pension payments, and to establish an alternate method of paying monthly benefits; • Researches and analyzes the suitability and adaptation of new banking systems- such as ACT, Swift, DATA, Payment hubs -for UNJSPF use; • Sets up meetings with banks, governmental officials, and other agencies on the above mentioned systems; represents the Fund in these discussions, to develop policy for the application of the systems, including negotiations on cost-effectiveness, implementation, and fee formulae; • Consults with other section and units chiefs in the Fund secretariat- Pension Entitlements Section, Payments Unit, Accounts Unit - on the conversion and methods to be used in adapting existing systems, and establishes the time frame and work schedule for implementation or adaptation of all inter-related systems; 3. Plans and administers the work programme of the Cashier's Unit: (a)Formulates the work plan of the Unit, and establishes priorities for its execution; (b)Supervises, assigns duties and provides guidance to the staff of the Unit; (c)Formulates written guidelines as the basis for implementation and control of work; (d)Reviews and assesses existing procedures and implements changes when applicable; (e) Cooperates with other officials of the Fund on problems or issues of mutual concern. 4.Performs administrative and other duties as required: (a) Participates in the recruitment and selection of staff, prepares performance assessment reports and recommends promotion or other movement of staff in the Unit; (b) Advises pensioners on methods of payment and available options; (c) Exchanges information with field offices or local staff pension secretaries on systems and methods of payments for their particular areas; payments for their particular areas; (d) Ensures the dissemination of information on new or revised payment systems to all interested parties; (e) Prepares and updates the operations manual of the Unit; (f) Writes procedures for inclusion in the Fund's Uniform Procedures Manual. CompetenciesProfessionalism: In depth practical knowledge of cash management practices, policies and procedures, and the ability to make appropriate recommendations in these to improve accuracy, security timeliness and efficiency. Practical and sound knowledge of various payments systems, especially the SWIFT banking platform. Proven ability to work under pressure, meet deadlines and achieve results. Experience working at an International Organization and handling sensitive or confidential information. Ability to draft official correspondence to various offices. 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. 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. 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 degree) in Finance, Economics, Business Administration or related field. 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. Certification as a Certified Treasury Manager (CTM), or equivalent is desirable. Job - Specific QualificationNot available. Work ExperienceA minimum of seven years of progressively responsible experience in a managerial position related to banking, in a financial institution, government or international organization is required. Knowledge of banking and currency systems - national and international is required. Knowledge of multi-currency payroll processes is required. Knowledge of Standard Chartered Bank Straight2Bank, JPM Chase Access payment systems, and JPM Chase e_Serve services is desirable. LanguagesEnglish and French are the working languages of the United Nations Secretariat. For the post advertised fluency in English is required. Knowledge of another UN official language is an advantage. AssessmentEvaluation of qualified candidates may include an assessment exercise which may be followed by competency-based interview. Special Notice• The applicable human resources procedures are governed by a Memorandum of Understanding (MoU) between the Fund and the UN Secretariat. Any candidate from a member organization of the UNJSPF applying for this post is considered as an internal candidate provided, he/she has been appointed through the appointment and promotion procedures applicable in his/her respective organization. • Staff members are subject to the authority of the head of the entity and to assignment by him or her. In this context, all staff are expected to move periodically to new functions in their careers in accordance with established rules and procedures. • The United Nations Joint Staff Pension Fund is committed to achieving 50/50 gender balance in its staff. Female candidates are strongly encouraged to apply for this position. • For this position, applicants from the following Member States, which are unrepresented or under-represented in the UN Secretariat as of 30 April 2024, are strongly encouraged to apply: Andorra, Angola, Antigua and Barbuda, Bahrain, Belize, Brunei Darussalam, China, Cuba, Democratic People's Republic of Korea, Dominica, Equatorial Guinea, Germany, Grenada, Guinea-Bissau, Hungary, Indonesia, Israel, Japan, Kiribati, Kuwait, Lao People's Democratic Republic, Libya, Liechtenstein, Malta, Marshall Islands, Micronesia (Federated States of), Monaco, Nauru, Oman, Palau, Panama, Papua New Guinea, Paraguay, Qatar, Republic of Korea, Saint Lucia, Saint Vincent and the Grenadines, Sao Tome and Principe, Saudi Arabia, Singapore, Solomon Islands, Somalia, Thailand, Timor-Leste, Tuvalu, United Arab Emirates, United States of America, Vanuatu. United Nations ConsiderationsAccording to article 101, paragraph 3, of the Charter of the United Nations, the paramount consideration in the employment of the staff is the necessity of securing the highest standards of efficiency, competence, and integrity. Candidates will not be considered for employment with the United Nations if they have committed violations of international human rights law, violations of international humanitarian law, sexual exploitation, sexual abuse, or sexual harassment, or if there are reasonable grounds to believe that they have been involved in the commission of any of these acts. The term “sexual exploitation” means any actual or attempted abuse of a position of vulnerability, differential power, or trust, for sexual purposes, including, but not limited to, profiting monetarily, socially or politically from the sexual exploitation of another. The term “sexual abuse” means the actual or threatened physical intrusion of a sexual nature, whether by force or under unequal or coercive conditions. The term “sexual harassment” means any unwelcome conduct of a sexual nature that might reasonably be expected or be perceived to cause offence or humiliation, when such conduct interferes with work, is made a condition of employment or creates an intimidating, hostile or offensive work environment, and when the gravity of the conduct warrants the termination of the perpetrator’s working relationship. Candidates who have committed crimes other than minor traffic offences may not be considered for employment. Due regard will be paid to the importance of recruiting the staff on as wide a geographical basis as possible. The United Nations places no restrictions on the eligibility of men and women to participate in any capacity and under conditions of equality in its principal and subsidiary organs. The United Nations Secretariat is a non-smoking environment. Reasonable accommodation may be provided to applicants with disabilities upon request, to support their participation in the recruitment process. By accepting a letter of appointment, staff members are subject to the authority of the Secretary-General, who may assign them to any of the activities or offices of the United Nations in accordance with staff regulation 1.2 (c). Further, staff members in the Professional and higher category up to and including the D-2 level and the Field Service category are normally required to move periodically to discharge functions in different duty stations under conditions established in ST/AI/2023/3 on Mobility, as may be amended or revised. This condition of service applies to all position specific job openings and does not apply to temporary positions. Applicants are urged to carefully follow all instructions available in the online recruitment platform, inspira, and to refer to the Applicant Guide by clicking on “Manuals” in the “Help” tile of the inspira account-holder homepage. The evaluation of applicants will be conducted on the basis of the information submitted in the application according to the evaluation criteria of the job opening and the applicable internal legislations of the United Nations including the Charter of the United Nations, resolutions of the General Assembly, the Staff Regulations and Rules, administrative issuances and guidelines. Applicants must provide complete and accurate information pertaining to their personal profile and qualifications according to the instructions provided in inspira to be considered for the current job opening. No amendment, addition, deletion, revision or modification shall be made to applications that have been submitted. Candidates under serious consideration for selection will be subject to reference checks to verify the information provided in the application. Job openings advertised on the Careers Portal will be removed at 11:59 p.m. (New York time) on the deadline date. 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.