Compliance Officer
Organizational Context
The United Nations Joint Staff Pension Fund (UNJSPF), managed by the Office of Investment Management (OIM), oversees a global investment portfolio exceeding $100 billion. OIM actively manages approximately 85% of this portfolio in-house, covering diverse asset classes. This role is situated within the Compliance Team of OIM's Risk and Compliance Section in New York.
Job Purpose
This role supports the enhancement of OIM's compliance programs by developing and updating policies and procedures for disclosures, conflict of interest detection, and information management. The incumbent will manage daily compliance operations, including reviewing alerts for reputational, regulatory, or sanction concerns related to investment activities and third-party engagements. Responsibilities also include screening and disposing of alerts for pre- and post-trade monitoring of managed assets, implementing staff training programs to ensure professional competency, and proactively identifying and mitigating weaknesses in surveillance controls. The position aims to strengthen OIM's compliance framework, ensure adherence to policies, and support organizational goals through effective risk management and accountability.
Responsibilities
Enhance OIM's compliance programs by creating and updating disclosure policies and procedures to detect unusual activity, conflicts of interest, and manage information. Manage daily compliance operations, including reviewing alerts for investment activities, third-party engagements, and pre/post-trade monitoring. Screen and dispose of alerts related to reputational, regulatory, or sanction concerns. Implement training programs for staff on compliance procedures and professional competency. Regularly review operational processes to identify and strengthen surveillance controls and mitigate potential risks. Develop processes for pattern analysis and statistical models to detect unusual activities and create effective surveillance scenarios. Sample and review trading transactions to ensure surveillance integrity. Assist the Compliance Officer in monitoring controls and mitigating issues across all OIM investment compliance policies. Collaborate with OIM staff to achieve organizational goals. Maintain communication with OIOS and the Board of Auditors, facilitate audits, and close recommendations. Participate in Business Continuity/Disaster Recovery planning and policy review, focusing on data classification and loss prevention. Streamline compliance assessment and capture processes, track material events, and drive accountability with compliance indicators.
Work Experience
A minimum of five years of progressive experience in business ethics and corporate compliance is required, including experience with a large investment fund or management firm and interacting with auditors/regulators. Desirable experience includes data loss prevention, data classification, Office 365, audit logs, IT compliance, structured finance, derivatives, private markets, and investment tools like Bloomberg.
Skills
Professionalism, Teamwork, Technological Awareness, knowledge of compliance concepts and procedures, ability to interpret legislative instruments, draft formal documents, work under pressure, apply legal judgment, data management proficiency, and familiarity with investment tools.