Senior Investment Officer- Fixed Income (Credit)

Senior Investment Officer- Fixed Income (Credit)The United Nations Joint Staff Pension Fund is seeking a Senior Investment Officer for its Fixed Income Team in New York. The role involves leading credit portfolio management, conducting in-depth market analysis, and formulating investment strategies. The incumbent will also oversee unit activities, manage staff, and prepare reports for intergovernmental bodies. A strong background in fixed income investment and portfolio management is essential for this position.Candidate Requirements:Advanced university degree in Business, Finance, or EconomicsMinimum 10 years of fixed income investment experienceExperience managing investment grade or high yield corporate portfoliosMinimum 5 years managing a fixed income portfolio of at least USD2.5 billionDemonstrated experience managing ESG portfoliosFluency in EnglishUnder the overall supervision of the Director of the Fixed Income, the incumbent will be responsible for the following functions:Provides leadership, decision-making and accountability of the credit portfolios in seeking superior investment returns against the respective benchmarks without undue risks over the long-term periods by:Undertaking fundamental, valuation and technical analysis of credit markets, as well as economic trends, liquidity flows, political and regulatory frameworks relevant to security selection in credit markets.Performing bottom-up investment research, utilizing multiple sources, and diverse platforms including primary research through sector and company visits.Recommending asset allocation within the credit complex and relevant strategies to the Director of Fixed Income and actively exchanging views with the Internal Investment Committee and the colleagues of the Investment Section.Recommending and implementing the transaction of specific securities to be purchased and sold.Plans and oversees the management of activities undertaken by the unit by:Ensuring that substantive work programmes and programmed activities are carried out in a timely fashion.Coordinating diverse projects in the Unit, determining priorities and allocation of resources.Formulating investment policies and strategies to construct credit portfolios for fixed income.Analyzing outside market funds to recommend funds appropriate to the UNJSPF, when necessary.Preparing Investment strategies and contributing to asset allocation discussions and decisions within fixed income.Manages, supervises and carries out the work programme of the Unit under his/her responsibility. Co-ordinates the work carried out by the Unit and provides programmatic and substantive reviews of drafts prepared by others. Ensures that output produced by the unit is of a high standard, is clear, objective and based on comprehensive data.Provides comprehensive, clear, and accurate inputs in the preparation of position papers and reports for presentation to intergovernmental bodies such as the Advisory Committee on Administrative and Budget Questions, Pension Board, the General Assembly as appropriate by among others:Preparing reports on investment returns and strategy for review and discussion in regular scheduled internal portfolio review and staff-advisor meetings.Participating in Investments Committee meetings and preparing the required inputs.Initiating and leading special projects designed to improve the investment management decision process at OIM and enhance performance.Evaluating the advice and recommendations provided by external non-discretionary advisors and externally managed funds.Carries out administrative tasks necessary for the functioning of the Unit, including:Monitoring of performance, parameters and critical indicators, reporting on budget performance, preparation of inputs, evaluation of staff performanceRecruits staff for Unit taking geographical and gender balance and other institutional values into account.Manages, guides, develops and trains staff under his/her supervision.Fosters teamwork and communication among staff in the unit and across organizational boundaries.Represents the organization at interagency meetings, seminars, etc. on substantive issues.Participates in international, regional or national conferences and provides programmatic/substantive expertise on an issue or hold substantive and organizational discussions with representatives of other institutions.Reports accurately and timely to the Representative of the Secretary-General Investments of the UNJSPF and Chief Investment Officer when requested.Assists in reporting on investments and related matters to Governing Bodies, including the United Nations Joint Staff Pension Board, the Fifth Committee, the ACABQ, the BOA, and OIOS.Leads team members efforts to collect and analyze data and provides insight to identify trends or patterns for data-driven planning, decision-making, presentation and reporting. Ensures that everyone can discover, access, integrate and share the data they need.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 additional two years of qualifying experience may be accepted in lieu of the advanced university degree.A minimum 10 years' experience of fixed income investment experience in pension funds, public funds, insurance, foundations, endowments or sovereign wealth funds is required, in progressively senior roles. A minimum of 10 years' of experience managing an investment grade or high yield corporate portfolio or conducting fundamental corporate credit research is required. A minimum 5 years' experience managing a fixed income portfolio with assets under management of at least USD2.5 billion is required. Demonstrated experience managing ESG and carbon constrained investment grade portfolios is required.English and French are the working languages of the United Nations Secretariat. For this job opening, English is required. The table below shows the minimum required level for each skill in these languages, according to the UN Language Framework (please consult for details).Evaluation of qualified candidates may include an assessment exercise which may be followed by competency-based interview.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.For this position, the lateral and geographical requirement outlined in section 6.4 of the Staff Selection System, ST/AI/2010/3, is waived.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 31 August 2026, are strongly encouraged to apply: Andorra, Brunei Darussalam, Democratic People's Republic of Korea, Dominica, Equatorial Guinea, Grenada, Kiribati, Kuwait, Lao People's Democratic Republic, Liechtenstein, Marshall Islands, Micronesia (Federated States of), Nauru, Palau, Papua New Guinea, Qatar, Sao Tome and Principe, Timor-Leste, Tuvalu, United Arab Emirates, Vanuatu, Afghanistan, Angola, Antigua and Barbuda, Belize, Cabo Verde, China, Cuba, Guinea-Bissau, Indonesia, Israel, Japan, Libya, Liberia, Luxembourg, Monaco, Nicaragua, Oman, Paraguay, Saint Lucia, Saint Vincent and the Grenadines, San Marino, Saudi Arabia, Singapore, Slovenia, Solomon Islands, Turkmenistan, United States of America.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 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.