Job Opening 167217, Associate Investment Officer, P-2
United Nations Joint Staff Pension Fund – Office of Investment Management
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 is, in turn, assisted in this function by the Office of Investment Management (OIM). OIM manages a $86+ 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 the Sustainable Investing Team of OIM. The incumbent reports to the Investment Officer.
Under the overall supervision of the Investment Officer, the incumbent will perform the following duties:
1. Support the Investment Officer to develop and implement the Sustainable Investment approach for Private Markets Portfolios and in collaborating with all the Investment Teams
a) Supports the global sustainable investments research program for Private Markets strategies, and recommends appropriate ESG solutions and strategies, including climate change, in line with the Fund’s targets
b) Participates in and contributes to seminars on sustainable investing and related topics
c) Conducts portfolio analysis using risk, ESG and analytical tools.
2. Conducts careful and thorough Private Markets sustainable investment research
a) Supports the global sustainable investments research program for Private Markets strategies, and recommends appropriate ESG solutions and strategies, with a focus on carbon portfolio calculation and target setting
b) Contributes to the formulation of recommendations on partnership with sustainability-focused institutions, Academia and vendors to conduct sustainable investing research initiatives, including an effective climate change strategy
c) Supports the selection and management of outside ESG advisers and specialists by:
- Evaluating the services provided by the outside advisers and specialists;
- Formulating recommendations in the selection of outside advisers and specialists when appropriate;
- Ensuring that the outside advisers and specialists understand the Fund's overall investment policy and strategies that are applicable to their services.
3. Maintains ESG investment-decisions support dashboard and the internal ESG focal point
a) Assists with Private Markets sustainable investment portfolio analysis and reporting implementation, including ongoing integration of ESG metrics embedded throughout investment and risk analytical tools
b) Liaise and maintain key relationship with alternative data ESG providers
c) Build and maintain the ESG investment tools to support the Investment Teams.
d) Support of the Investment Teams with ESG implementation and training.
a) Assists with the preparation of management reports on sustainable investment matters for submission to appropriate United Nations governing bodies
b) Ensures that accurate data is available in a timely manner for the Investments Committee, the Pension Board, the Fifth Committee, ACABQ and the General Assembly
c) Assists with ESG reporting, including website updates
A first-degree level university degree in Finance, Economics or related field is required. Certifications or course work in ESG is desirable. CFA is desirable.
A minimum of two years of progressively responsible experience in Private Markets investment analysis and/or investment management, primarily focused on ESG integration experience is required.
Relevant experience in Sustainable Investment strategy & policy, ESG integration, alternative data providers, ESG reporting, stewardship and sustainability-focused institutions is required.
Relevant experience in Asset Owner institutions with in-house investment management is desirable.
Relevant experience with data analytic tools (such as Bloomberg, Excel, programming languages such as Python, C++ or VBA) is desirable.