Head of Treasury Middle Office and Control

The Finance Group (FG) is a critical and strategic business function in UNOPS and serves as an authoritative and integrated partner in the organization on strategic financial planning and budgeting, business strategy and practices, financial analysis and risk assessment, financial management services and long term organisational treasury and investments.  As the steward of resources of a self-financing UN entity, FG is accountable for timely cost recovery and reporting to partners, maintaining the integrity and transparency of financial management of resources in accordance with the highest standards of ethics and organisational/international accountability framework and the accurate and transparent financial reporting to governing bodies, clients, partners and stakeholders.

The Head of Treasury Middle Office and Control  reports to the Treasurer. In alignment with the objectives of UNOPS Treasury, the role ensures that UNOPS Treasury adheres to its own policy and has adequate Treasury process control points, including system-based control oversight and a Risk and Control Framework. The role holder will also be a specialist in financial risk management and complex financial instruments and will be expected to support Treasury teams on the identification and quantification of financial risks applicable to UNOPS and expected to manage risk limits including exceptions and changes, as well as their reflection in the relevant policy document. The role holder will lead the middle office team, which includes resources focusing on 1) systems and solutions, 2) controlling, and 3) middle office. The role will also include review and compliance analysis of financial transaction valuation models developed by the wider Treasury team. This is a new position as UNOPS looks to build out its treasury control framework and middle office function, and the position holder will be a key counterparty for the Head of Treasury Front Office and will be a key risk management expert providing support and advice to the Treasurer on ensuring appropriate levels of risk within the global treasury function.

Summary of functions:

1. Execution of Treasury Mandate (including reporting, monitoring, analysis and Treasury policy)

2. Compliance & Control 

3. Financial Risks Analysis

4. Team Leadership

5. Knowledge management and innovation

• Graduate university degree in finance and/or business or a related field is required.

• A combination of an undergraduate degree with two additional years of work experience may be accepted in lieu of the advanced university degree 

• Appropriate professional accreditation or qualification in Treasury or Finance is highly desirable.

• Membership in an internationally recognized accounting body or Treasury body would be an advantage. 

• Financial Risk Management certification would be a further advantage.

• A minimum of  7 years of progressively responsible experience in treasury or banking with a strong focus and expertise on Treasury instruments either in a large corporate or a financial institution is required.

• Experience with Governance & control frameworks, Compliance and control testing, business analysis & understanding and stakeholder management

• Experience with Financial risk management & hedging (including FX risk, counterparty risk, and liquidity risk) and Treasury processes (FO/MO/BO) analysis are pre-requisite.  

• Experience with  of Data & analytics and Treasury Technology is strong asset

Contract type: Staff
Contract level: P4
Contract duration: Fixed-term staff contracts - Two years initially, renewable subject to satisfactory performance and funding availability'

• Please note that UNOPS does not accept unsolicited resumes.

• Applications received after the closing date will not be considered.

• Please note that only shortlisted candidates will be contacted and advance to the next stage of the selection process, which involves various assessments.

• UNOPS embraces diversity and is committed to equal employment opportunity. Our workforce consists of many diverse nationalities, cultures,  languages, races, gender identities, sexual orientations, and abilities. UNOPS seeks to sustain and strengthen this diversity to ensure equal opportunities as well as an inclusive working environment for its entire workforce. 

• Qualified women and candidates from groups which are underrepresented in the UNOPS workforce are encouraged to apply. These include in particular candidates from racialized and/or indigenous groups, members of minority gender identities and sexual orientations, and people with disabilities.

• We would like to ensure all candidates perform at their best during the assessment process.  If you are shortlisted and require additional assistance to complete any assessment, including reasonable accommodation, please inform our human resources team when you receive an invitation.

Terms and Conditions 

• For staff positions only, UNOPS reserves the right to appoint a candidate at a lower level than the advertised level of the post. 

• For retainer contracts, you must complete a few mandatory courses ( they take around 4 hours to complete)  in your own time, before providing services to UNOPS. Refreshers or new mandatory courses may be required during your contract. Please note that you will not receive any compensation for taking courses and refreshers. For more information on a retainer contract here.

• All UNOPS personnel are responsible for performing their duties in accordance with the UN Charter and UNOPS Policies and Instructions, as well as other relevant accountability frameworks. In addition, all personnel must demonstrate an understanding of the Sustainable Development Goals (SDGs) in a manner consistent with UN core values and the UN Common Agenda.

• It is the policy of UNOPS to conduct background checks on all potential personnel. Recruitment in UNOPS is contingent on the results of such checks.