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 heads the Office of Investment Management (OIM), which manages approximately $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 30 countries. For more information, please visit OIM's website at https://oim.unjspf.org/. This position is located in the Global Public Equities team.
Responsibilities
Within delegated authority, the Investment Officer will be responsible for the following duties: 1. Assist with developing a strategy for managing and investing the assets of the Fund in public markets with external managers. Work closely with the head of equity, external management colleagues, the asset allocation team and risk management. a. Balance long-term strategic goals with performance objectives to outperform benchmarks. b. Monitor the various portfolio investments, conduct due diligence and proactively recommend periodic rebalancing and manager changes as warranted Employ both fundamental and quantitative methodologies in analysis. c. Complies with risk control parameters as delineated in the Investments Policy and Procedures Manual to produce the optimal investment return that avoids undue risk. d. Complies with Sustainable Investment policy in the selection and management of external managers. e. Conducts portfolio review periodically and incorporates evaluation in the Portfolio Review presentation, working closely with our external consultants and collaborating with our internal large cap equity portfolio managers & teams. f. Conducts portfolio analysis using risk tools and analytical tools. g. Monitors IMA negotiation process. h. Monitors Compliance check process and ESG aspects pertaining to IG. 2. Conducts careful and thorough investment research: a. Performs thorough qualitative and quantitative analysis for the manager search with inputs from the Advisor for the External Managers. b. Assists in evaluating the quality of the recommendations by the Fund's Advisor and research providers. c. Analyzes the overall external management portfolio by monitoring the underlying managers’ portfolios and macro/markets research from Providers. d. Attends investment conferences and Seminars to access to academia and industry experts. 3. Makes specific investment recommendations a. Ensures the Fund’s four investments criteria, i.e. safety, profitability, liquidity, and convertibility are met b. Makes specific investment recommendations to achieve optimum investment performance with carefully review of the portfolio’s investment objectives and risk tolerance, c. Presents and discusses investment recommendations regarding individual managers. d. Makes investment recommendations for asset allocation for the Fund. 4. Reporting a. Assists in the preparation of reports accurately and timely to the Representative of the Secretary-General for the Investments of the UNJSPF, Chief Investment Officer (CIO), and Director of Public Equities when requested. b. Assists the CIO and Director of Public Equities in reporting on investments and related matters to governing bodies. 5. Others a. Conducts ad-hoc projects or assignments given by the RSG, CIO, or Director of Public Equities. b. 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.
Competencies
• Professionalism: Demonstrates ability and sound knowledge of qualitative and quantitative analysis in Global Public Equities External Managers’ portfolios; demonstrates ability in meeting clearly defined investment objectives and risk management of portfolio; ability to work under pressure accurately, efficiently and effectively. The ability to analyze and interpret data in support of decision-making and convey resulting information to management. 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.
Education
Advanced university degree (Master's degree or equivalent) in Business Administration (MBA), Finance, Economics, Math or related field is required. A first-level university degree in combination with additional two years of qualifying experience may be accepted in lieu of the advanced university degree. Chartered Financial Analyst (CFA) designation or equivalent is desirable.
Job - Specific Qualification
Not available.
Work Experience
A minimum of five years of progressively responsible experience in external manager portfolio management, due diligence of manager searches, monitoring IMA negotiation process, monitoring the compliance and ESG aspects of the IG, oversight of portfolio of external managers and global public equity investment analysis in an institutional investment environment is required. Quantitative analytical experience in fund search and monitoring is required. Experience of external manager databases and other quantitative tools and system - such as eVestment, Factset, Morningstar, Bloomberg, MSCI etc. is desirable. Experience in coordinating due diligence meetings and drafting investment recommendations is desirable. Three or more years of experience in fund analysis on equity investments at a Pension Fund or large sized institutional investor is desirable. Experience in drafting Investment Management Agreements is desirable.
Languages
English 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).
Required Languages
| Language | Reading | Writing | Listening | Speaking |
|---|
| English | UN Level II | UN Level II | UN Level II | UN Level II |
Assessment
Evaluation of qualified candidates may include an assessment exercise which may be followed by competency-based interview.
Special Notice
• 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. • Appointment at the United Nations is subject to mandatory adherence to the United Nations Financial disclosure Programme. An appointment to the Office of Investment Management (OIM) of the UNJSPF additionally requires compliance with the rules and regulations pertaining to OIM's Code of Ethics, Personal Securities, Gift and Hospitality policies. • For this position, applicants from the following Member States, which are unrepresented or underrepresented in the UN Secretariat as of 30 September 2025, are strongly encouraged to apply: Brunei Darussalam, Democratic People's Republic of Korea, Dominica, Equatorial Guinea, Grenada, Kiribati, Lao People's Democratic Republic, Liechtenstein, Marshall Islands, Micronesia (Federated States of), Nauru, Palau, Papua New Guinea, Qatar, Sao Tome and Principe, Timor-Leste, Tuvalu, United Arab Emirates, Vanuatu. Andorra, Angola, Belize, China, Cuba, Germany, Guinea-Bissau, Indonesia, Israel, Japan, Kuwait, Libya, Malta, Monaco, Oman, Panama, Paraguay, Saint Vincent and the Grenadines, San Marino, Saudi Arabia, Singapore, Solomon Islands, Turkmenistan, United States of America.
United Nations Considerations
According 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. All external candidates recruited in accordance with section 2.2 (a) of ST/AI/2025/3 for a fixed term appointment without limitation and all external candidates recruited in accordance with section 2.2. (c) of ST/AI/2025/3 for a fixed term appointment limited to the entity are subject to an initial probationary period of one year under a fixed-term appointment. Job openings advertised on the Careers Portal will be removed at 11:59 p.m. (New York time) on the deadline date.
No Fee
THE 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.