Investment Officer (Asia Pacific)
United Nations - new york city, NY
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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 $95+ 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 position is located in the Asia Pacific Team within the Public Equities Section of the Office of Investment Management (OIM) of the United Nations Joint Staff Pension Fund (UNJSPF). The incumbent will report to the Senior Investment Officer of the Asia Pacific Team, who reports directly to the Director of Public Equities. Responsibilities Within delegated authority, and under the supervision of the SIO, the incumbent:•Implements investment strategy and monitors equity portfolios for the Asia Pacific developed markets including Japan, Australia, New Zealand, Hong Kong and Singapore.•Manages and invests the assets of the Fund in equities.•Implements approved investment strategies for the strategic and tactical asset allocation and portfolio re-balancing with careful review of market environments.•Monitors portfolio to achieve the performance to meet the Fund's investment objectives by reviewing both portfolio and benchmark performance on a regular basis.•Ensures that all of the investments are in compliance with OIM's investment and policy guidelines.•Conducts portfolio reviews periodically and presents at Portfolio Review Meetings.•Balances long-term strategies to achieve results superior to benchmarks by assisting the SIO in constructing and monitoring the portfolio through dedicated research.•Assists with due diligence for new investments.•Conducts careful and thorough investment research that is relevant to managing the Asia Pacific portfolios, using various tools and incorporating qualitative as well as quantitative factors, including but not limited to, environmental, social and governance (ESG) aspects.•Performs fundamental analysis through financial statements, corporate announcements, market news and other publicly available information.•Reviews investment research and discusses with strategists, economists, and security analysts through brokerage community.•Engages with senior members of corporate management to review their business and corporate strategies.•Conducts portfolio analysis using risk tools and analytical tools.•Conducts sector/thematic research and updates fundamentals of companies and industries. •Makes specific investment recommendations and ensures the Fund's four investments criteria:safety, profitability, liquidity, and convertibility.•Makes specific investment recommendations to achieve optimum investment performance with careful review of the portfolio's investment objectives and risk tolerance.•Presents and discusses investment recommendations to the SIO.•Reporting: assists the SIO in reporting accurately and in a timely manner to the Representative of the Secretary-General for the Investments of the UNJSPF and the CIO of OIM when requested.•Assists the CIO of OIM in reporting on investment and related matters to governing bodies.•Serves as the Officer-In-Charge when required in the absence of the SIO.•Participates in seminars and taking courses in investment topics.•Keeps abreast of rapidly changing techniques of portfolio management and exchanging views with colleagues and members of the investment community. •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:Demonstrated ability and sound knowledge of investing in Asia Pacific Public Equities markets; Demonstrated ability in meeting clearly defined investment objectives and risk management of portfolio; Demonstrated ability in effectively managing team of senior investment professionals and other staff; Ability to work under pressure accurately, efficiently and effectively; Having the highest level of integrity; The ability to analyze and interpret data in support of decision-making and convey resulting information to management; 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.•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 honors 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. Education Advanced university degree (Master's degree or equivalent degree) in Business and Administration (MBA), Finance, Economics or related field is required.A first-level university degree in combination with an additional two years of qualifying experience may be accepted in lieu of the advanced university degree. Certification as a Chartered Financial Analyst (CFA) or equivalent is desirable. Job - Specific Qualification Not available. Work Experience A minimum of seven (7) years of progressively responsible experience in investment analysis and investment management in equities covering markets in developed Asia/Pacific including Japan is required.Experience in portfolio management with an emphasis on buy-side is desirable.Strong analytical skills and experience producing customized earnings models is desirable. Languages English and French are the working languages of the UN Secretariat. For this position, fluency in English is required. Knowledge of another UN official language is an advantage. Assessment Evaluation of qualified candidates may include an assessment exercise which may be followed by competency-based interview. Special Notice •Funding for this position is subject to GA approval and therefore, the selection and onboarding of the successful candidate may be expected in early 2025.•Staff members are subject to the authority of the Secretary-General and to assignment by him or her. In this context, all staff are expected to move periodically to new functions in their careers in accordance with established rules and procedures.•The United Nations Secretariat is committed to achieving 50/50 gender balance in its staff. Female candidates are strongly encouraged to apply for this position.•Appointment at the United Nations is subject to mandatory adherence to the United Nations Financial disclosure Programme. An appointment to the Office of Investment Management (OIM) of the UNJSPF additionally requires compliance with the rules and regulations pertaining to OIM's Code of Ethics, Personal Securities, Gift and Hospitality policies.•For this position, applicants from the following Member States, which are unrepresented or under-represented in the UN Secretariat as of 31 August 2024, are strongly encouraged to apply: Andorra, Angola, Antigua and Barbuda, Bahrain, Belize, Brunei Darussalam, China, Cuba, Democratic People's Republic of Korea, Dominica, Equatorial Guinea, Germany, Grenada, Guinea-Bissau, Hungary, Indonesia, Israel, Japan, Kiribati, Kuwait, Lao People's Democratic Republic, Libya, Liechtenstein, Malta, Marshall Islands, Micronesia (Federated States of), Monaco, Nauru, Oman, Palau, Panama, Papua New Guinea, Paraguay, Qatar, Republic of Korea, Saint Lucia, Saint Vincent and the Grenadines, Sao Tome and Principe, Saudi Arabia, Singapore, Solomon Islands, Somalia, Timor-Leste, Turkmenistan, Tuvalu, United Arab Emirates, United States of America, Vanuatu. United Nations Considerations According to article 101, paragraph 3, of the Charter of the United Nations, the paramount consideration in the employment of the staff is the necessity of securing the highest standards of efficiency, competence, and integrity. Candidates will not be considered for employment with the United Nations if they have committed violations of international human rights law, violations of international humanitarian law, sexual exploitation, sexual abuse, or sexual harassment, or if there are reasonable grounds to believe that they have been involved in the commission of any of these acts. The term "sexual exploitation" means any actual or attempted abuse of a position of vulnerability, differential power, or trust, for sexual purposes, including, but not limited to, profiting monetarily, socially or politically from the sexual exploitation of another. The term "sexual abuse" means the actual or threatened physical intrusion of a sexual nature, whether by force or under unequal or coercive conditions.The term "sexual harassment" means any unwelcome conduct of a sexual nature that might reasonably be expected or be perceived to cause offence or humiliation, when such conduct interferes with work, is made a condition of employment or creates an intimidating, hostile or offensive work environment, and when the gravity of the conduct warrants the termination of the perpetrator's working who have committed crimes other than minor traffic offences may not be considered for employment.Due regard will be paid to the importance of recruiting the staff on as wide a geographical basis as possible. The United Nations places no restrictions on the eligibility of men and women to participate in any capacity and under conditions of equality in its principal and subsidiary organs. The United Nations Secretariat is a non-smoking environment.Reasonable accommodation may be provided to applicants with disabilities upon request, to support their participation in the recruitment process.By accepting a letter of appointment, staff members are subject to the authority of the Secretary-General, who may assign them to any of the activities or offices of the United Nations in accordance with staff regulation 1.2 (c).Further, staff members in the Professional and higher category up to and including the D-2 level and the Field Service category are normally required to move periodically to discharge functions in different duty stations under conditions established in ST/AI/2023/3 on Mobility, as may be amended or revised.This condition of service applies to all position specific job openings and does not apply to temporary positions.Applicants are urged to carefully follow all instructions available in the online recruitment platform, inspira, and to refer to the Applicant Guide by clicking on "Manuals" in the "Help" tile of the inspira account-holder homepage.The evaluation of applicants will be conducted on the basis of the information submitted in the application according to the evaluation criteria of the job opening and the applicable internal legislations of the United Nations including the Charter of the United Nations, resolutions of the General Assembly, the Staff Regulations and Rules, administrative issuances and guidelines. Applicants must provide complete and accurate information pertaining to their personal profile and qualifications according to the instructions provided in inspira to be considered for the current job opening. No amendment, addition, deletion, revision or modification shall be made to applications that have been submitted. Candidates under serious consideration for selection will be subject to reference checks to verify the information provided in the openings advertised on the Careers Portal will be removed at 11:59 p.m. (New York time) on the deadline date. No Fee THE UNITED NATIONS DOES NOT CHARGE A FEE AT ANY STAGE OF THE RECRUITMENT PROCESS (APPLICATION, INTERVIEW MEETING, PROCESSING, OR TRAINING). THE UNITED NATIONS DOES NOT CONCERN ITSELF WITH INFORMATION ON APPLICANTS' BANK ACCOUNTS.
Created: 2024-11-10