Senior Derivatives & Credit Risk Officer

UN Secretariat; New York (NY); On-site; USD 140,000 - 220,000; Full time

Job summary

United Nations Joint Staff Pension Fund (UNJSPF) in New York seeks a Risk Officer to manage derivatives risk, set limits, and analyze collateral needs within the OIM Risk & Compliance Team. You will monitor positions daily via stress tests, develop risk opinions, and lead the derivatives project implementation, including the credit/counterparty module system.

The role requires seven+ years in investment management with derivatives experience, plus an advanced degree in finance/economics/math.

Qualifications

• Minimum seven years of progressive experience in investment management.
• At least seven years of direct derivatives experience in risk management.
• Advanced degree in finance or related field; CFA/CQF desirable.
• English required; French knowledge is also required.

Responsibilities

• Oversee derivatives risk, set position limits and analyze collateral needs.
• Daily monitoring of positions through stress testing and risk reviews.
• Lead derivatives project implementation and credit/counterparty module system.
• Develop policies, risk opinions, and guidance on derivative usage.
• Prepare risk reporting dashboards and contribute to liquidity and credit risk metrics.

Skills

Derivatives risk management

Stress testing

Investment risk measurement

Data collection & analysis

Policy development

Team mentoring

Time management

Collaboration

Risk reporting

Education

Master's degree in Finance/Economics/Mathematics

CFA or CQF desirable

Tools

Bloomberg

RiskMetrics

Python

R

Job description

United Nations Joint Staff Pension Fund (UNJSPF) in New York seeks a Risk Officer to manage derivatives risk, set limits, and analyze collateral needs within the OIM Risk & Compliance Team. You will monitor positions daily via stress tests, develop risk opinions, and lead the derivatives project implementation, including the credit/counterparty module system.

The role requires seven+ years in investment management with derivatives experience, plus an advanced degree in finance/economics/math.