Company Description
At CERN, the European Organization for Nuclear Research, physicists and
engineers are probing the fundamental structure of the universe. Using the
world's largest and most complex scientific instruments, they study the basic
constituents of matter - fundamental particles that are made to collide
together at close to the speed of light. The process gives physicists clues
about how particles interact, and provides insights into the fundamental laws
of nature. Find out more on https:// home.cern.
Job Description
Introduction
Great science needs great people! Are you an organised professional, skilled
with numbers, detail-oriented and good at dealing with people? Seize this
opportunity and contribute your skills to a team of three to provide support
to Pension Fund's Benefits Service! CERN, take part!
You will join:
The CERN Pension Fund, whose purpose is to insure its members from the
European Organization for Nuclear Research (CERN) and the European
Southern Observatory (ESO) and their families against the economic
consequences of disability and old age of its members and of the death of
its members and beneficiaries. The Fund currently has some 4,000 active
members and 3,700 beneficiaries. Operating as a defined benefit
capitalized scheme, the CERN Pension Fund's assets currently amount to
approximately CHF 4.5 billion.
The Accounting, Treasury and Transaction support section (ATT) who is
responsible for the Fund's financial reporting, treasury management and
supporting the internally managed investment activities.
Functions
As a member of the team in the Accounting, Treasury and Transaction support
section, you will be responsible for supporting and monitoring a wide range of
fund's operational activities including:
Investments operations - monitoring:
Act as focal point for banks' and brokers' administrative and KYC (Know
your Customer) requests.
Assist in the preparation of private assets subscription documents and
monitor cash flows for these assets.
Monitor the reconciliation break-log (front-office vs. Custodian).
Monitor unsettled trades on fixed-income and equities portfolios at
Custodian level and liaise with the fund's administrator and portfolio
manager for resolution. Ensure smooth trade confirmation workflow for OTC
trades.
Monitor the Custodian KPIs and Service Level Agreement.
Support the administration of our treasury module.
Project support:
Monitor and provide analysis with respect to the Fund's events reporting.
Support the testing of the Business Continuity Plan for the Operations
Group.
Update of the Fund's risk management framework and Internal Control
System.
Qualifications
Bachelor's degree or equivalent relevant experience in the field of finance,
risk, legal or a related field.
Experience:
Experience in investment operations monitoring and compliance
documentation.
Demonstrated experience of working with financial counterparties (banks,
brokers etc.) and ideally including administration for onboarding funds
(e.g. private equity/debt funds).
Experience of reconciliation processes (front to back).
Technical competencies:
Knowledge of financial markets and related instruments: in particular
bonds and OTC trades
Accounting control and analysis
Use of office software packages: excel, Word
Assessment of internal control and risk management practices
Use of information management systems
Behavioural competencies:
Demonstrating accountability: working conscientiously and reliably;
delivering on promises. Taking responsibility for own actions and
decisions.
Communicating effectively: ensuring that information, procedures and
decisions are appropriately documented. Listening actively to others and
letting others speak. Providing others with timely information.
Managing self: working well autonomously; taking on activities and tasks
without prompting. Remaining objective, focussed and productive in a
stressful environment; focusing on solutions rather than problems.
Handling uncertainty and ambiguity calmly and effectively.
Working in teams: building and maintaining constructive and effective work
relationships. Working well in groups and readily fitting into a team;
participating fully and taking an active role in team activities.
Achieving results: delivering high quality work on time and fulfilling
expectations. Having a structured and organised approach towards work;
being able to set priorities and plan tasks with results in mind.
Language skills:
Spoken and written English or French: ability to understand and speak the
other language in routine situations, or the willingness to acquire
knowledge of the other language.
Additional Information
Eligibility and closing date:
Diversity has been an integral part of CERN's mission since its foundation and
is an established value of the Organization. Employing a diverse workforce is
central to our success. We welcome applications from all Member States and
Associate Member States.
This vacancy will be filled as soon as possible, and applications should
normally reach us no later than midnight CEST19th September 2023.
Employment Conditions
Contract type: Limited duration contract (5 years). Subject to certain
conditions, holders of limited-duration contracts may apply for an indefinite
position.
Job grade: 4-5
Job reference: PF-OP-ATT-2023-114-LD
Benchmark Job Title: Financial Support Officer
