Investment Officer

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Description

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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 is, in turn, assisted in this function by the Office of Investment Management (OIM). OIM manages approximately $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 30 countries. For more information, please visit OIM’s website at https://oim.unjspf.org/. This position is located in the Impact and Partnership Team within Sustainable Investing. The incumbent reports to the Chief Investment Officer (CIO) of OIM.

Responsibilities

Under the overall supervision of the CIO, the incumbent will perform the following duties: 1. Assists the CIO to develop and implement the Responsible Investment approach across external investments and impact investing strategies and in collaborating with all the Investment Teams:

• Balances long term strategic goals with short term performance objectives to outperform. assigned benchmarks, supported by ESG integration.
• Complies with risk control parameters as delineated in the investments Policy and Procedures Manual with a goal to produce the optimal investment return that avoids undue risk by applying ESG and impact due diligence.
• Contributes to the development and implementation of proxy voting and engagement guidelines in line with the fiduciary responsibility of the Fund.
• Integrates Principles of Responsible Investments into investment analysis and monitor both internally and externally managed holdings, subject to OIM’s standards of fiduciary responsibility to the Fund.
• Conducts portfolio, external manager and service provider review periodically.
• Conducts portfolio ESG and impact analysis using risk tools and analytical tools.

Conducts careful and thorough responsible investment due diligence:

• Leads the due diligence on responsible investing, particularly on impact investing across asset classes, and provide assessments on responsible investing including impact investing to the CIO and the various committees.
• Monitors the investment activities of the External Advisors periodically and update the assessments on responsible investing and impact investing. Oversees the partnerships and services including the engagement and proxy voting activities ensuring that Investment Section receives appropriate services effectively.
• Assists in evaluating the quality of services provided by the external vendors.
• Contributes to the formulation of recommendations on partnership with NGOs, Academia, and vendors to conduct sustainable investing research initiatives, including an effective climate change strategy.
• Takes initiative in selecting and managing outside ESG advisers and specialists by:
• Evaluating the services provided by the outside advisers and specialists;
• Formulating recommendations in the selection of outside advisers and specialists when appropriate;
• Ensuring that the outside advisers and specialists understand the Fund’s overall investment policy and strategies that are applicable to their services.

Reporting

• Participates in various stakeholder and oversight body meetings as requested and contributes to the discussion on sustainable investment matters.
• Prepares management reports on sustainable investment matters for submission to appropriate United Nations governing bodies. Ensures that accurate data is available in a timely manner for the Investments Committee, the Pension Board, the Fifth Committee, ACABQ and the General Assembly.
• Develop TCFD implementation.
• Develop a coordinated approach to measurement and reporting to meet responsible Investment and impact investment objectives.
• Develop and responsible Investment and Impact Investment.
• Collects and analyzes 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.

Team leader under guidance of the CIO a) Plans and oversees the management of activities undertaken by the unit; prepares inputs for the work programme of the unit, determining priorities, and allocating resources for the completion of outputs and their timely delivery; coordinating diverse projects in the unit by formulating investment policies and strategies b) Ensures that the outputs produced by the unit maintain high-quality standards and compliance with the relevant mandates; that reports are clear, objective and based on comprehensive data. c) Carries out administrative tasks necessary for the functioning of the unit, including preparation of budgets, assigning and monitoring of performance parameters and critical indicators, reporting on budget performance, preparation of inputs, evaluation of staff performance (e-PAS), recruits staff for Unit taking due account geographical and gender balance and other institutional values; d) Manages, guides, develops and trains staff under his/her supervision; fosters teamwork and communication among staff in the unit and across organizational boundaries.

Education

• Advanced university degree (Master’s or equivalent) in Business and Administration (MBA), Finance, Economics or related field is required. A first-degree level university degree in combination with two additional years of experience in investment management may be accepted in lieu of the advanced degree. Certifications or course work in ESG is desirable.

Work Experience

• A minimum of five years of progressively responsible experience in multi-assets investment analysis and/or investment management in responsible investing is required. Experience in investment analysis and/or investment management in responsible investing, primarily focused on the due diligence in responsible investing and impact investing including private markets, is required. Relevant experience in responsible investment strategy & policy, stewardship activities, ESG reporting, NGO and external partner networks is required. Relevant experience, including managing a specialized responsible investing team, in Asset Owner institutions with in-house investment management 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.

Source: https://careers.un.org/jobSearchDescription/242397?language=en

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