Investment Officer; Securitized Portfolio

United Nations Joint Staff Pension Fund (UNJSPF) provided pay range

This range is provided by United Nations Joint Staff Pension Fund (UNJSPF). Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$/yr - $/yr

Investment Officer (Securitized Portfolio), P3 (Job Opening No. 269655)- Final date to receive applications: 01 February 2026

Join the Office of Investment Management (OIM) of the United Nations Joint Staff Pension Fund (UNJSPF) as an Investment Officer (Fixed Income – Securitized) and contribute to managing a multi-asset, global investment portfolio exceeding $100 billion
. OIM actively manages approximately 85% of the Fund’s assets in-house across global equities, fixed income, foreign exchange, private equity, real estate, infrastructure, timber, commodities, and other alternative investments.

This position is located in the Fixed Income Team of OIM. The Investment Officer reports to the Investment Officer responsible for the Securitized Portfolio
, under the overall supervision of the Director of Fixed Income
. The incumbent supports the management of the Fund’s securitized fixed income portfolio
, contributing to portfolio construction, security selection, risk management, and performance monitoring across agency MBS, ABS, CMBS, and other structured credit sectors.

The role focuses on applying rigorous quantitative and fundamental analysis to optimize long-term, risk-adjusted returns while ensuring compliance with OIM’s investment policies, risk framework, and fiduciary responsibilities.

• Assist the Investment Officer for the securitized portfolio in managing and investing the Fund’s securitized fixed income assets.
• Balance long-term strategic objectives with short-term performance goals to outperform relevant benchmarks.
• Develop, enhance, and apply analytical tools to support alpha generation, security selection, and portfolio construction.
• Monitor portfolio holdings and analyze index cohorts to support periodic rebalancing decisions.
• Ensure compliance with OIM’s investment policies, procedures, and risk control parameters.
• Participate in discussions related to asset allocation within Fixed Income and across the broader Fund portfolio.
• Conduct periodic portfolio reviews and present findings at internal Portfolio Review Meetings.
• Perform fundamental and quantitative analysis of structured fixed income securities, including the use of prepayment models, stress testing, academic research, sell-side research, and sector performance data.
• Analyze agency MBS, ABS, and CMBS structures, credit characteristics, and underlying collateral.
• Conduct portfolio-level risk analysis using risk management and analytical platforms.
• Review and synthesize research from strategists, economists, security analysts, brokerage firms, and external research providers.
• Attend investment conferences and seminars to engage with academic and industry experts.
• Assist in evaluating the performance and value-add of external research providers, vendors, and managers, including due diligence, monitoring, and performance appraisal.
• Support the implementation of OIM-wide projects related to fixed income and investment analytics.
• Assist in the preparation of timely and accurate reports for the RSG, Director of Fixed Income, and senior management when requested.
• Support reporting on investments and related matters to governing bodies.

• Advanced university degree (Master’s degree or equivalent) in Finance, Economics, Business Administration, or a related field is required.
• A first-level university degree combined with additional years of qualifying experience in investment management may be accepted in lieu of the advanced degree.
• Minimum of five (5) years of portfolio management analytics or investment analysis experience in U.S. fixed income markets is required.
• Buy-side research or portfolio management experience is desirable.
• Experience with agency MBS, CMBS, ABS, and other securitized credit instruments is desirable.
• Experience working within a large institutional investor environment such as a pension fund, investment manager, or insurance company is desirable.

• Opportunity to innovate and contribute to quantitative strategy development for a global, long-term pension portfolio.
• Work with a diverse, inclusive international team representing more than 40 nationalities.
• Access to professional development, seminars, and industry engagement.
• Flexible work arrangements, including hybrid remote work options.

Mid-Senior level

Full-time

Finance

Investment Management