The United Nations is searching for a deputy CIO to join the United Nations Joint Staff Pension Fund’s Office of Investment Management, according to a recent job posting. The deputy CIO will report to Toru Shindo, CIO of the Office of Investment Management.
Applications for the position close on March 8.
The UNJSTPF manages $95 billion in assets for roughly 150,000 members and 85,000 retirees across 25 organizations. Beneficiaries of the fund reside in more than 190 countries. The office of investment management is headed by the representative of the secretary-general.
Some duties, according to the job posting, include:
- Supporting the CIO in implementing the organization’s investment policies and strategies;
- Overseeing the asset allocation and quantitative investment teams;
- Supporting programs for staff training and development; and
- Supporting the CIO in recommending investment policy and strategy to the representative of the secretary-general.
The position calls for candidates with a minimum of 15 years of experience. The U.N. seeks candidates with at least 10 years in leadership management and 10 years of experience working at large asset owners with at least $10 billion in assets.
As of December 31, 2024, the fund allocated 44.9% of its portfolio to public equity, 37.1% to fixed income, 8.5% to private equity, 7.4% to real estate, 1.7% to cash and 0.4% to real assets, according to the fund’s most recent quarterly report.
As of December 31, the fund has returned an annualized 8.4%, 1.7%, 6.0% and 6.5% over the past one, three, five and 10 years, respectively.
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Tags: Pensions, Toru Shindo, United Nations, United Nations Joint Staff Pension Fund