Risk Officer

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 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, private equity, real estate, and infrastructure among others. Oim's staff are all based in new york but come from over 30 countries. For more information please visit oim's website at (Use the "Apply for this Job" box below). This position is located in risk and compliance. The incumbent reports to the head of financial and performance risk.

Responsibilities

Within delegated authority, the risk officer will be responsible for the following duties:
• monitor and identify investment risks, prepare and interpret reports and formulate risk reduction and performance enhancing options.
• provide assistance to asset-liability management and benchmark studies within a pension fund context and strategic asset allocation exercises.
• assists in policy development, including conducting quantitative analysis on fund's assets for the effectiveness and use of indexed tools and derivatives instruments for hedging equity, currency, duration, interest rate, and other risks.
• contribute to the ongoing development, enhancement and day-to-day operations of risk budget, value at risk, stress testing and other market risk measurements for the fund's market risk exposures.
• prepares various written outputs, e.g. Weekly, monthly, quarterly and annual reporting on the fund's investment risks, performance, and sustainability risk among others. Runs risk dashboard reports and produce new risk reports as needed
• participates in the development, implementation and evaluation of assigned programmes and /projects, etc.; monitors and analyzes programme/project development and implementation; reviews relevant documents and reports; identifies problems and issues to be addressed and proposes corrective actions; liaises with relevant parties; identifies and tracks follow-up actions.
• performs assignments, in collaboration with the colleagues, by planning facilitating workshops, through other interactive sessions and assisting in developing the action plan the risk team will use to manage the change.
• researches, analyzes and presents information gathered from diverse sources, such as assisting with preparing and finalizing modelling and integration of risk statistics by conducting research on risk metrics reports to provide quantitative inputs on various investment proposals and existing portfolio of investments.
• contribute to the preparation of periodic investment performance reports by coordinating data collection, validating information with relevant teams, and supporting the interpretation of performance results across asset classes.
• supports performance and risk attribution analyses to help identify drivers of fund‑level or programme‑level results, providing quantitative insights to management when required.
• participate in cross‑functional projects across risk management involving enterprise risk management, investment risk, performance, sustainability risk, programme evaluation, or reporting system improvements, including automation and workflow optimization.
• undertakes survey initiatives; designs data collection tools; reviews, analyzes and interprets responses, identifies problems/issues and prepares conclusions.
• collect, analyze, and present quantitative information from diverse sources to support programme‑related decision‑making, including identification of key trends, risks, and patterns.
• provides substantive support to consultative and other meetings, conferences, etc., to include proposing agenda topics, identifying participants, preparation of documents and presentations, etc.
• undertakes outreach activities; conducts training workshops,…