Investment Officer – North American Equities (Job ID # 23265) recruitment
Responsibilities
- The incumbent will be responsible for the following functions:
- Assist the Senior Investment Officer (SIO) to manage and invest the assets of the Fund in equity markets of North America (United States and Canada).
- Balance long-term strategic goals with short-term performance objectives to outperform return benchmarks.
- Monitor the various portfolio holdings and conduct appropriate security analysis at the direction of the SIO.
- Comply with risk control parameters as delineated in the Investments Policy and Procedures Manual with goal to produce the optimal investment return that avoids undue risk.
- Conduct research and analysis of investments through ongoing communications with brokerage houses and other financial institutions.
- Recommend specific purchases or sales of securities as appropriate in order to achieve superior investment returns.
- Integrate Principles of Responsible Investments into investment analysis and monitor both internally and externally managed holdings, subject to IMD' standards of fiduciary responsibility to the Fund.
- Prepare reports on investment returns and strategy for review and discussion in regularly scheduled meetings, as requested.
- Contribute to the department asset allocation discussion, as needed.
- Assist in implementing asset class and regional allocation strategies as decided upon by the Representative of the Secretary-General for the investments of the UNJSPF.
- Ensure that the Director of IMD and the Representative of the Secretary-General for the investments of the UNJSPF have accurate and timely reports on investments and related matters, as needed.
- Coordinate and monitor execution of investment transactions in accordance with SIO instructions and subject to market conditions at the time.
- Assist in evaluating the quality of the advice of recommendations submitted by the Fund's research provider and appraise performance of external managers employed in the region.
- Promote a high standard of transparency and accountability in all respects of the management of the assets of the Fund through accurate and timely record keeping.
- Ensure that IMD maintains a high level of professional investment expertise and knowledge by exploring published economic and investment material provided by investment brokers, banks, government sources and financial analysts.
- Participate in regular meetings/discussions with the designated research provider, attend seminars on relevant investment topics and participate in meetings with top management of companies of interest or potential interest to the Fund, as requested by the Senior Investment Officer.
- Exchange views and provide advice and guidance to colleagues within IMD with a goal of improving skills and expanding experience in order to increase motivation and promote superior performance by all staff members, taking due account of geographical and gender balance and other institutional values.
Competencies
Professionalism: Demonstrated ability and sound knowledge of applied macroeconomics, banking, portfolio management and security analysis; ability to work under pressure accurately, efficiently and effectively. Having the highest level of integrity.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; support and act in accordance with final group decision. Accountability:
Ability to honor commitments and take ownership of responsibilities; deliver outputs within prescribed time, cost and quality standards; operate in compliance with IMD procedures and standards and regulations of the UNJSPF.
Education
Advanced university degree (Master's degree or equivalent) in Business and Administration (MBA), Finance, Economics or related field is required. A first level university degree in combination with academic qualifications and experience in security analysis or investment management may be accepted in lieu of the advanced degree. Chartered Financial Analyst (CFA) designation is desirable.
Work Experience
At least five years of experience related to investment analysis and/or investment management in the area of equities are required.
Specifically, current experience in following and researching United States and/or Canadian equities is required.
Experience in pension funds, public funds and central banks are desirable.
Languages
Fluency in English, one of the working languages of the UN Secretariat, (both oral and written) is required; knowledge of another is desirable.
Assessment Method
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.-Appointment at the United Nations is subject to mandatory adherence to the United Nations Financial Disclosure Programme. An appointment to the Investment Management Division (IMD) of the UNJSPF additionally requires compliance with the rules and regulations pertaining to IMD's Code of Ethics, Personal Securities, Gift and Hospitality policies.
United Nations Considerations
The United Nations shall place 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. (Charter of the United Nations - Chapter 3, article 8). The United Nations Secretariat is a non-smoking environment.
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.
Please hit APPLY ONLINE below and enter Job ID # 23265