Investment Officer (Quantitative Strategy)

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/. The Investment Officer (Quantitative Strategy) reports to the Senior Investment Officer (SIO) for Quantitative Strategy. ResponsibilitiesWithin delegated authority, the Investment Officer will be responsible for the following duties: 1. Implements investment strategy and monitors portfolios. a. Implements approved investment strategies for the strategic and tactical asset allocation and portfolio rebalancing with careful review of the market environments. b. Monitors portfolio to achieve the performance to meet the Funds investment objectives by reviewing both portfolio and benchmark performance on a regular basis. c. Ensures that all of the investments are in compliance with OIM's investment and policy guidelines. d. Conducts portfolio review periodically and presents in the Portfolio Review Meeting. 2. Conducts careful and thorough investment research. a. Assist the Senior Investment Officer in the development and execution of quantitative investment strategies by performing rigorous quantitative analyses, evaluating emerging methodologies, and assessing the effectiveness of analytical tools. b. Performs quantitative analysis in fundamental and technical factors in global economy, capital markets, responsible investing and any other relevant factors by utilizing the tools and database provided. c. Review the latest development in quantitative investment methodologies, tools, and database and recommend improvement in approach and processes including the use of the artificial intelligence in seeking enhancement of the investment performance and the efficiency in the portfolio management. d. Support the Senior Investment Officer in conducting due diligence in selecting and monitoring the quantitative strategy portfolios managed by the external advisors in comparison with the respective benchmark. Evaluate the managers periodically. e. Attends investment conferences and seminars to access academia and industry experts f. Integrating Sustainable Investing principles into investment considerations. g. Conducts portfolio analysis using risk tools and analytical tools. 3. Reporting a. Support the SIO in reporting accurately and timely to the Representative of the Secretary-General for the Investments of the UNJSPF, CIO of OIM, and DCIO when requested. b. Support the SIO in reporting on investment and related matters to governing bodies, including the UNJSPF Pension Board, the Fifth Committee, Board of Auditors, Office of Internal Oversight Services (OIOS) 4. Maintains a high level of professional investment expertise by: a. Participating in seminars and taking courses in investment topics. b. Keeping abreast of rapidly changing techniques of portfolio management and exchanging view with colleagues and members of the investment community. Competencies• Professionalism: Ability to identify key strategic issues, opportunities and risks. Ability to generate and communicate broad and compelling organizational direction. Ability to communicate clearly links between the Organization’s strategy and the work unit’s goals. Demonstrated ability to provide innovative technical leadership by performing and/or overseeing the planning, development, and management of operation. Demonstrated ability to negotiate and apply good judgment. Able 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. • Communication: Speaks and writes clearly and effectively; listens to others, correctly interprets messages from others and responds appropriately; asks questions to clarify, and exhibits interest in having two-way communication; tailors language, tone, style and format to match audience; demonstrates openness in sharing information and keeping people informed. • 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. EducationAdvanced university degree (Master's or equivalent degree) in Business Admin. (MBA), Finance, Economics or related field is required. A first level university degree in combination with two additional years of qualifying experience may be accepted in lieu of the advanced university degree. Chartered Financial Analyst (CFA) certification is desirable. Job - Specific QualificationNot available. Work ExperienceA minimum of seven years of progressively responsible experience and a proven track record of quantitative investment analysis supporting quantitative investment strategies, seeking excess returns or generating absolute returns, is required. Experience showing an in depth understanding of quantitative investment modeling and implementation of the strategies is required. A minimum of three years of experience in quantitative analysis of asset allocation is desirable. Experience with in-house portfolio management in institutional investment managers or asset owners of a similar or larger size, to the assets to UNJSPF is desirable. Experience in integrating Environmental, Social, and Governance (ESG) factors in portfolio decision making is desirable. Experience with financial modelling and programming languages such as Python, financial software and databases 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).