Investment Officer (Global Public Equities)

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 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. ResponsibilitiesWithin 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. EducationAdvanced 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 QualificationNot available. Work ExperienceA 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. 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).