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 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& agriculture, and private credit. OIM’s staff are all based in New York and come from over 40 countries. For more information please visit OIM’s website at https://oim.unjspf.org/. This position is located in the Private Markets Team of OIM. The incumbent reports to the Senior Investment Officer, Private Equity/Private Credit Investments.

Responsibilities

Under the overall supervision of the Senior Investment Officer, Private Equity/Private Credit (PE/PC), the incumbent will perform the following duties related to private credit investing: 1. Support Senior Investment Officer and Deal team to invest and manage the assets of the Fund in private credit (PC) markets by: (a) monitoring portfolio holdings and conducting investment analysis, (b) performing peer group/benchmark analysis leveraging internal and external data platforms, (c) collaborating with functional groups and non-discretionary advisor to support PE/PC deal team during the due diligence, underwriting of new investments and also monitoring performance (d) coordinating deal closing and other legal drafts, (e) complying with risk guidelines to produce optimal investment returns while avoiding undue risk, (f) integrating Principles of Responsible Investments into investment analysis and monitor both internally and externally managed holdings, subject to OIM’s standards of fiduciary responsibility to the Fund and (g) preparing portfolio review periodically for Portfolio Review Meeting 2. Assists the Senior Investment Officer in HR, Procurement & budget related matters, by: (a) evaluating needs of the PE/PC team for new platform and analytical tools & subscriptions, (b) maintaining annual subscription through close collaborations with the Procurement unit of OIM and Procurement Department of UN; Preparing annual budget for various subscription and platforms, (c) drafting proposals (RFP) for financial resource management services including, but not limited to, advisors, research providers, database, travel and consultants, (d) liaising with vendors to remain abreast of new platform updates, organize demos and communicate feedbacks from team members to vendors, (e) screening & evaluation of candidates for new job positions, (f) ensuring seamless on-boarding of new team members, (g) managing Institutional Limited Partners Association membership (ILPA), (h) Coordinating, preparing and facilitating educational series for OIM functional teams in order to improve knowledge sharing, strengthen and increase efficacy in overall deal execution 3. Conducts careful and thorough investment research, by: (a) performing fundamental analysis, (b) reviewing investment research and discuss with strategists, economists, security analysts through the Advisors/Research Providers, (c) conducting desktop landscape research and analyses on specific markets, present findings and recommendations to the team, (d) attending investment conferences and industry seminars to access to academia and market experts 4. Reporting which includes: (a) collaborating closely with non-discretionary advisor & custodian to ensure timely & accurate quarterly reporting including Advisor reports, (b) ensuring cohesion and collaboration between non-discretionary advisor and custodian and OIM Risk Performance & reporting team for data consistency, transparency and accuracy, (c) assisting the Director of the Director of Private Markets and Senior Investment Officer in reporting on investments and related matters to governing bodies. 5. Support other Strategic projects of the Fund by: (a) collaborating closely with OIM PC & Operations team on providing data on annual management fees & carry for CEM benchmarking purposes, (b) performing adhoc projects designed to improve work programme and culture in the organization, (c) providing back up support to the PM team as needed

Competencies

• Professionalism: Demonstrated ability and sound knowledge of alternative investments’ markets, private markets, including private credit and private equity investment structures as well as portfolio management. Demonstrated ability and sound knowledge of applied macroeconomics, security analysis and portfolio management. Ability to work under pressure and provide accurate, efficient and effective results. Ability to utilize various portfolio management and data processing tools; such as Bloomberg and familiarity with the use of Internet applications and MS Office programmes. 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: Ability to work collaboratively with colleagues, advisers and financial professionals, to achieve organizational goals and solicit input by genuinely valuing others’ ideas and expertise; place team agenda before personal agenda; support and act in accordance with final group decision, even when such decision 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 delegation assignments; takes personal responsibility for his/her own shortcomings and those of the work unit, where applicable.

Education

Advanced university degree (Master’s or equivalent) in Business and Administration (MBA), Finance, Economics or related field is required. A first degree level university degree in combination with two additional years of experience may be accepted in lieu of the advanced degree.

Job – Specific Qualification

Not available.

Work Experience

A minimum of two years of progressively responsible investment management experience in private markets or public market credit is required. A minimum of two years of progressively responsible investment management experience in private markets or public markets credit working at an institutional investment organization with a minimum of $10 billion in Assets under Management is desirable. Progressively responsible investment management experience in private credit area 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.

Assessment

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

Special Notice

• 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 30 November 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 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. 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 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.