Compliance Officer, P3

Duty Station: New York, USA

Closing Period: 15 July 2022

Job Opening Number: 22-Investment Management-UNJSPF OIM-181955-R-New York (R)

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 $80+ 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 30 countries. For more information please visit OIM's website at https://oim.unjspf.org/.

This position is located in the Risk and Compliance Team of OIM. The incumbent reports to the Compliance Officer.

Responsibilities

Under the overall supervision of the Compliance Officer, the incumbent will perform the following duties:

• Enhance the execution of OIM's compliance programmes.
• Create and update policies and procedures for disclosures (in addition to annual disclosure required by the UN), to detect patterns of unusual activity, conflicts of interest and information management in due time. Review OIM policies that have compliance component and monitor related activities.
• Manage the day-to-day operational aspects to ensure compliance and that all matters of
• surveillance, risk considerations and developments are properly tended to by reviewing alerts and ensuring timely reviews of activity and the disposition of such alerts.
• Implement training programs for all OIM Staff so as to maintain established procedures to ensure professional competency and expertise.
• Review all operational processes on a regular basis to identify and evaluate weaknesses in surveillance controls, strengthen processes and controls to mitigate potential scenarios proactively.
• Create processes and controls for pattern analysis and statistical models to detect out of the ordinary activities. Create surveillance scenarios and devise controls to implement an effective surveillance programme.
• Develop appropriate information graphics and charts for important relationships in order to provide a fuller risk picture.
• Sample trading transactions and review them in order to ensure integrity of the surveillance process.
• Assist OIM's Compliance Officer in monitoring controls and identifying/mitigating potential issues for all OIM investment compliance policies and procedures. This includes working collaboratively and in coordination with OIM
• staff to achieve organizational goals in accordance with standard operating procedures and in compliance with OIM's policies and procedures.
• Maintain positive interactions and communications with OIOS and the Board of Auditors. Facilitate audit examinations and finalize/close any recommendations.
• Active involvement in the OIM Business Continuity/ Disaster Recovery Plan discussions for testing of the BC/DR plans and review of the policies, especially policies related to data classification and data loss prevention.
• Streamline compliance assessment and compliance capture processes, track material events and risk impacts, and drive accountability and visibility with compliance indicators.
• Perform other duties, as required.

Competencies

• Professionalism: Knowledge of, and ability to apply concepts and procedures and terminology for review, examination, and processing of a wide range of compliance related issues. Ability to interpret and apply legislative instruments, develop and present results, recommendations, and opinions clearly and concisely. Ability to draft formal documents and work under pressure. Ability to apply good legal judgment in the context of assignments given. 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. Takes responsibility for incorporating gender perspectives and ensuring the equal participation of women and men in all areas of work.
• 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.
• Technological Awareness: Keeps abreast of available technology; understands applicability and limitation of technology to the work of the office; actively seeks to apply technology to appropriate tasks; shows willingness to learn new technology.

Education

Advanced university degree (Master's degree or equivalent degree) in finance, accounting, legal, mathematics, computer science or economics or related field. A first-level university degree, in combination with two additional years of qualifying work experience may be accepted in lieu of the advanced university degree. Industry recognized credentials that are compliance related, or equivalent is desirable.

Work Experience

A minimum of five years of progressively responsible professional experience in business ethics and corporate compliance is required.

Experience with a large and diverse investment fund or investment management firm is required.

At least three years of experience with data loss prevention, data classification, Office 365, audit logs and IT compliance issues desirable.

At least three years of experience in derivatives is desirable.

Experience with investment tools such as Bloomberg or equivalent is desirable.

Advanced knowledge of Excel is desirable.

Experience working with auditors 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 desirable.

For more information on how to apply please follow: https://careers.un.org/lbw/jobdetail.aspx?id=181955&Lang=en-US