Compliance Officer, Finance & Banking

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 $100+ billion multi-asset class, global investment portfolio, about 85% of which is actively managed in-house.

Asset classes under management comprise of global equities, fixed income, foreign exchange, private equity, real estate, infrastructure, timber, and commodities. Oim's staff are all based in new york and come from over 40 countries. For more information, please visit oim's website at (Use the "Apply for this Job" box below). This position is within the risk and compliance section of the office of investment management (oim) of the united nations joint staff pension fund (unjspf).

The incumbent will report to the chief of risk and compliance.

Responsibilities

Within delegated authority, and under the supervision of the chief of risk and compliance, the incumbent:
• ensures that the steps in oim's compliance process - risk identification, establishing policies and procedures and implementing them are appropriate and are undertaken in a timely manner by oim staff to whom those functions have been assigned.
• ensures that the appropriate principles of management and control are observed in the implementation of policies and procedures. These principles include the separation of functions, clear assignment of responsibilities, measuring results against standards, and reporting outcomes.
• ensures that quality control (transactional) testing is conducted as appropriate to detect deviations of actual transactions from policies or standards and that the results of such tests are included, and other management reports are properly addressed, escalated when necessary, and resolved by the responsible business people.
• ensures that there is a timely and appropriate review of material and repetitive compliance issues as indicators of possible gaps and weaknesses in policies and procedures or risk identification processes, and facilitates the use of such information in keeping oim's compliance program up-to-date.
• addresses the risk of fraud and undertakes periodic analyses and evaluations of compliance issues together with the results of appropriate forensic testing conducted by oim compliance staff as a means of obtaining additional or corroborating evidence regarding both the effective functions of oim's compliance program and the possible existence of disguised or undetected compliance issues.
• ensures that all persons within oim holding compliance responsibilities are competently and fully performing those functions.
• ensures that oim staff are appropriately trained in compliance and ethics-related matters. A key component of this is oim's annual ethics training program.
• serves as audit focal point for the board of auditors and the office of internal oversight services, facilitating and coordinating the activities of such examinations including the resolution of findings and observations.
• provides general oversight and coordination of oim's business continuity and disaster recovery plans. Develops, maintains and tests oim's business continuity program to identify, document and assess business needs against oim's infrastructure, and to identify recovery strategies and gaps.
• ensures that oim's responsible investment policies are duly implemented.
• advises and oversees oim's proxy voting services to ensure that they are timely and accurate.

Competencies

* professionalism: demonstrated competence in and adherence to the standards of conduct of the profession and in the application of best practices; command of investment risk and compliance matters; market and operational risk/enterprise-wide risk management skills; conceptual and analytical skills; quantitative skills; demonstrated conscientiousness and efficiency in meeting commitments, observing deadlines and achieving results; ability to direct,…