Job Opening

Posting Title: Senior Compliance Assistant, G7
Job Code Title: SENIOR COMPLIANCE ASSISTANT
Department/Office: United Nations Joint Staff Pension Fund – Office of Investment Management
Duty Station: NEW YORK
Posting Period: 04 May 2020 - 02 June 2020
Job Opening Number: 20-Investment Management-UNJSPF OIM-135525-R-New York (R)
Staffing Exercise N/A
United Nations Core Values: Integrity, Professionalism, Respect for Diversity
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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 a $60+ 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 30 countries. For more information please visit OIM's website at https://oim.unjspf.org/.

This position is located in Risk and Compliance. The incumbent reports to the Deputy Director of Risk and Compliance through the Compliance Officer.

Responsibilities

Within delegated authority, the Senior Compliance Assistant will be responsible for the following duties:

• Assist and coordinate in calculating exposures on prohibited investments; private equity and real assets; examine exposures on fixed income portfolio by analyzing average credit rating.
• Assist Compliance Officer in coordinating with internal and external auditors on investment audit assignments by exploring front, back and middle office activities, control objectives and internal control best practices.
• Prepare independently charts, graphs and other outputs for compliance reporting purposes on an ad hoc or regular basis as requested internally and externally. ·
• Apply, test and executive programs specific for compliance testing applications on the basis of specifications provided.
• Monitor and assist in the assessment of the adequacy and effectiveness of the system of internal controls over various stages of the investment process.
• Analyze complex and/or unusual investment operations and help determine which OIM transactions are not compliant with the OIM Policies and Procedures.
• Verify the reliability of reported data and records supporting the investment process.
• Undertake research and provide support to the Compliance Officer in the evaluation of compliance risks associated with the Fund's investment activities and assessment of the adequacy of the OIM compliance procedures and guidelines, based on representative testing carried out during periodic compliance reviews of investment operations.
• Research and examine whether rules and regulations as regards investments operations, policies and related procedures, in particular, the OIM Investment Policies and Procedures are complied with.
• Research compliance issues as required by the Compliance Officer in the provision of independent advice to senior management and the Investments Committee.
• Prepare drafts required for compliance reports for senior management and/or the Investments Committee on OIM transactions. Prepare draft reports and/or letters in relation to the findings.
• Assist in the finalization of reviews of OIM's compliance and internal control policies to assure adequacy and effectiveness.
• Make recommendations to the Compliance Officer on appropriate follow-up procedures.
• Coordinate and request, at the direction of the Compliance Officer, information or other materials necessary 5%for reviews of adviser and other contracts concluded by OIM to ensure adherence with its provisions.
• Ensure proper filing and archiving of documentation.
• Perform any other duties as may be requested by the Compliance Officer.

Competencies

• Professionalism: Ability to carry out accurate and timely monitoring, preparation of reports, collation of data and other requested research related to performance measurement. 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; commitment to implementing the goal of gender equality by ensuring the equal participation and full involvement of women and men in all aspects of work.
• Planning & Organizing: Develops clear goals that are consistent with agreed strategies; Identifies priority activities and assignments; adjusts priorities as required; Allocates appropriate amount of time and resources for completing work; Foresees risks and allows for contingencies when planning; Monitors and adjusts plans and actions as necessary; Uses time efficiently.
• 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.

Education

High school diploma or equivalent.

Work Experience

A minimum of ten years of progressively responsible experience in investment compliance or information technology compliance within an investment management environment is required.
Experience with investment tools such as Bloomberg or equivalent is desirable.
Experience with PowerPoint, SharePoint and Excel are desirable.
Experience working with auditors is desirable.

Languages

English and French are the working languages of the United Nations Secretariat. For the post advertised, fluency in English is required. Knowledge of another official United Nations language is an advantage.

Assessment

Evaluation of qualified candidates may include an assessment exercise, which may be followed by competency-based interview.

Special Notice

• The selected candidate is expected to start as soon as possible.
• 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.
• This position is subject to local recruitment pursuant to staff rule 4.4 of the United Nations Staff Rules. All staff in the General Service and related categories shall be recruited in the country or within commuting distance of each office, irrespective of their nationality and of the length of time they may have been in the country. A staff member subject to local recruitment shall not be eligible for the allowances or benefits exclusively applicable to international recruitment.
• Passing the Global General Service Test (GGST) is a prerequisite for recruitment consideration in the General Services and related categories in the United Nations Secretariat. Applicants who have not passed the GGST at the time of application may be invited for the test after submitting an application. Staff members who were granted a fixed-term, continuing or permanent appointment as a result of having passed a predecessor test recognized by the Office of Human Resources Management, and who have continuously held such appointments, are not required to take the new test.
• 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.

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 relationship. Candidates 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.

Applicants are urged to follow carefully all instructions available in the online recruitment platform, inspira. For more detailed guidance, applicants may refer to the Manual for the Applicant, which can be accessed by clicking on “Manuals” hyper-link on the upper right side 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 application.

Job 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.

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