Investment Officer (Fixed Income-Credit)

The Investment Officer (Fixed Income-Credit) supports the Senior Investment Officer Credit in conducting fundamental credit research and analysis for corporate and government bond portfolios within the UN Joint Staff Pension Fund's Office of Investment Management. The role involves investment research, portfolio monitoring, risk management, and reporting to achieve optimal investment performance while integrating ESG considerations.

Responsibilities

• Assist the Senior Investment Officer Credit in conducting fundamental credit research for corporate and/or government related bond portfolios.
• Contribute to achieving long-term and short-term performance objectives to outperform return benchmarks.
• Monitor portfolio holdings and conduct security analysis as directed.
• Comply with risk control parameters to produce optimal investment return avoiding undue risk.
• Integrate Principles of Responsible Investments into investment analysis and monitor holdings.
• Conduct sector reviews and present in Portfolio Review Meetings.
• Conduct analysis using risk and analytical tools.
• Perform fundamental credit analysis of issuers across assigned industry sectors.
• Prepare credit research reports and investment memos for portfolio managers and internal clients.
• Build and maintain financial models for corporate issuers; update financial forecasts regularly.
• Participate in management calls, meetings and sector conferences.
• Analyze ETFs, interest rates, capital structures, and corporate ESG data.
• Assist in evaluating performance of Fund's research providers and vendors including due diligence and monitoring.
• Support implementation of OIM derivative projects.
• Make specific investment recommendations ensuring safety, profitability, liquidity, and convertibility.
• Review portfolio investment objectives and risk tolerance to achieve optimum performance.
• Present and discuss investment recommendations with Senior Investment Officer and fixed income department.
• Participate in discussions and development of investment recommendations for asset allocation.
• Assist in preparation of reports to Representative of the Secretary-General for Investments and Director of Fixed Income.
• Assist Director of Fixed Income in reporting to governing bodies.
• Create reports with financial software to aid analytics.

Requirements

• 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 in investment management may be accepted in lieu of the advanced degree.
• A minimum of five years of experience analyzing corporate securities including ESG considerations is required.
• Experience in US fixed income credit markets is required.
• Experience in trading US corporate bond exposures at a large pension fund, investment manager or insurance company is desirable.
• Experience in quantitative portfolio modeling is desirable.
• Experience in analysis of external managers is desirable.
• Demonstrated ability and sound knowledge of investing in US Fixed Income Corporate and Government Related Securities.
• Must have an understanding and professional experience in analyzing corporate credit securities and issuers.
• Have demonstrated an understanding of the intricacies of the US credit market.
• Demonstrated an understanding of ESG considerations in credit and fixed income.
• Ability to conduct quantitative analysis and identify relative value opportunities.
• Strong written and oral communications skills.
• Ability to work under pressure accurately, efficiently and effectively.
• Having the highest level of integrity.
• Takes responsibility for incorporating gender perspectives and ensuring the equal participation of women and men in all areas of work.
• English language proficiency at UN Level II for reading, writing, listening, and speaking.

Skills

• Investment Management
• Corporate Securities Analysis
• ESG Analysis
• US Fixed Income Credit
• Corporate Bond Trading
• Quantitative Portfolio Modeling
• External Manager Analysis
• US Credit Market Analysis
• Credit Securities Analysis
• Quantitative Analysis
• Relative Value Identification
• Portfolio Monitoring
• Risk Management
• Investment Research
• Financial Reporting
• Gender Perspective Integration

Languages

English