Treasury Officer

Position Title: Treasury Officer

Job Code: VN 2024 218

Duty Station: Geneva, Switzerland

Classification: Professional Staff, Grade P3

Type of Appointment: Fixed term, one year with possibility of extension

Estimated Start Date: As soon as possible

Closing Date: 23 April 2024

Established in 1951, IOM is a Related Organization of the United Nations, and as the leading UN agency in the field of migration, works closely with governmental, intergovernmental and non-governmental partners. IOM is dedicated to promoting humane and orderly migration for the benefit of all. It does so by providing services and advice to governments and migrants.

IOM is committed to a diverse and inclusive work environment. Read more about diversity and inclusion at IOM at www.iom.int/diversity.

Applications are welcome from first- and second-tier candidates, particularly qualified female candidates as well as applications from the non-represented member countries of IOM. For all IOM vacancies, applications from qualified and eligible first-tier candidates are considered before those of qualified and eligible second-tier candidates in the selection process.

For the purpose of this vacancy, the following are considered first-tier candidates:

1. Internal candidates
2. Candidates from the following non-represented member states:

Antigua and Barbuda; Barbados; Botswana; Cabo Verde; Comoros; Congo

(the); Cook Islands; Dominica; Fiji; Grenada; Guinea-Bissau; Holy See;

Iceland; Kiribati; Lao People’s Democratic Republic (the); Madagascar;

Marshall Islands; Micronesia (Federated States of); Namibia; Nauru;

Palau; Saint Kitts and Nevis; Sao Tome and Principe; Solomon Islands; Suriname; The Bahamas; Tonga; Tuvalu; Uzbekistan; Vanuatu

Second-tier candidates include:

All external candidates, except candidates from non-represented member states.

Context:

The Treasury Division forms part of the Department of Financial and Administrative Management and is responsible for the custody and investment of IOM’s cash resources and all banking relationships and services.

The Treasury Division is responsible for all liquidity, cash management and investment management in IOM. Treasury is increasingly tasked to provide practical support and lead strategical development for banking solutions across IOM.

Under the direct supervision of the Senior Treasury Project Officer, the Treasury Officer will assume the role of Lead Banking Implementation Specialist, taking responsibility for the implementation of pre-agreed solutions with the respective Treasury applications (FIS TRAX, E-Banking, TMS), as well as providing support for IOM’s existing Straight Through Payment Process (STPP) solutions.

The Treasury Officer will be part of the Treasury Projects Team and will work in close collaboration the Treasury Team, IOM local offices, external financial institutions, and third-party vendors to ensure the successful integration of banking solutions, optimizing our treasury operations and payment processes.

Core Functions / Responsibilities:

1. Manage the implementation and integration of banks segments for the IOM Payment HubProject (FIS TRAX) by leading User Acceptance Testing (UAT) and generating support documentation for technical operational coordination between systems and external stakeholders. Coordinate and conduct UAT in collaboration with external parties, Regional, and Country Offices. Collaborate and work closely with the Treasury Technical Officer to implement the associated activities.
2. Participate in meetings with banks, and comment and document on the technical aspects during these meetings and incorporate them into planning for projects.
3. Manage the collection and review the needs of Regional and Country Offices in accordance with IOM financial rules, working alongside the Treasury Officer, responsible for banking relationships and Treasury risk. Evaluate the banking options offered by banks to meet these needs and provide support in their implementation working alongside technical divisions of the relevant banks.
4. Contribute and provide technical inputs and support for the IOM Oracle ERP implementation, specifically addressing Treasury and Payment requirements.
5. Manage the coordination of technical requirements and assistance to the TreasuryManagement Software (TMS) application provider and ERP Technical team.
6. Manage TMS interfaces with the Banks’ internal and external systems and reconciliation of all treasury data to these systems.
7. Manage Treasury-related data management across source systems with collaboration from the Treasury Technical officer.
8. Contribute and provide technical inputs and support to other technical projects related to automation of TMS collaboration with Treasury projects team.
9. Act as the Technical Administrator of the IOM Treasury Management System (TMS) and IOMPayment Hub (FIS TRAX), including the establishment of new connections and the ongoing maintenance of existing connectivity with partner banks, utilizing both SWIFT, EBICS, and Host to Host protocols.
10. Act as Technical Administrator HQ e-banking platforms.
11. Collect and review all ERP enhancements from the Regional and Country Offices for approval by the Senior Project Treasury Officer relating to payments processes.
12. Perform such other duties as may be assigned.

Required Qualifications and Experience:

Education

• Master’s degree in finance or a related field with five years of relevant professional experience; or,
• University degree in the above fields with seven years of relevant professional experience.

Experience

• At least three years of hands-on experience in system administration related to Treasury/banking applications (other than e-banking platforms). Knowledge of COUPA and FIS applications such as TRAX and Integrity are advantageous.
• Experience in establishing and maintaining bank connectivity channels.
• Experience in delivering Treasury-related ERP integrations and other automation solutions tailored for Treasury operations.
• Proven hands-on experience in managing all aspects of payment processing, including end-to-end payment flows, bank integration, various payment methods, and the handling of payment messages.
• Prior exposure to Coupa management system, FIS TRAX, and/or Oracle Cloud isa dvantageous.

Skills

• Background in finance/banking and relevant project management experience.
• Knowledge of Treasury operational functions across Back, Middle, and Front office.

Languages

IOM’s official languages are English, French, and Spanish. All staff members are required to be fluent in one of the three languages.

For this position, fluency in English is required (oral and written). Working knowledge of another official UN language (Arabic, Chinese, French, Russian, and Spanish) is an advantage.

Proficiency of language(s) required will be specifically evaluated during the selection process, which may include written and/or oral assessments.

Notes

Accredited Universities are the ones listed in the UNESCO World Higher Education Database (https://whed.net/home.php).

Required Competencies:

Values – all IOM staff members must abide by and demonstrate these five values:

• Inclusion and respect for diversity: Respects and promotes individual and cultural differences. Encourages diversity and inclusion.
• Integrity and transparency: Maintains high ethical standards and acts in a manner consistent with organizational principles/rules and standards of conduct.
• Professionalism: Demonstrates ability to work in a composed, competent and committed manner and exercises careful judgment in meeting day-to-day challenges.
• Courage: Demonstrates willingness to take a stand on issues of importance.
• Empathy: Shows compassion for others, makes people feel safe, respected and fairly treated.

Core Competencies – Behavioural indicators level 2

• Teamwork: Develops and promotes effective collaboration within and across units to achieve shared goals and optimize results.
• Delivering results: Produces and delivers quality results in a service-oriented and timely manner. Is action-oriented and committed to achieving agreed outcomes.
• Managing and sharing knowledge: Continuously seeks to learn, share knowledge and innovate.
• Accountability: Takes ownership for achieving the Organization’s priorities and assumes responsibility for own actions and delegated work.
• Communication: Encourages and contributes to clear and open communication. Explains complex matters in an informative, inspiring and motivational way.

Managerial Competencies – Behavioural Indicators level 2

• Leadership: Provides a clear sense of direction, leads by example and demonstrates the ability to carry out the Organization’s vision. Assists others to realize and develop their leadership and professional potential.
• Empowering others: Creates an enabling environment where staff can contribute their best and develop their potential.
• Building Trust: Promotes shared values and creates an atmosphere of trust and honesty.
• Strategic thinking and vision: Works strategically to realize the Organization’s goals and communicates a clear strategic direction.
• Humility: Leads with humility and shows openness to acknowledging own shortcomings.

IOM’s competency framework can be found at this link.

https://www.iom.int/sites/default/files/about-iom/iom_revised_competency_framework_external.p df

Competencies will be assessed during a competency-based interview.

Other:

Internationally recruited professional staff are required to be mobile.

Any offer made to the candidate in relation to this vacancy notice is subject to funding confirmation.

This selection process may be used to staff similar positions in various duty stations. Recommended candidates endorsed by the Appointments and Postings Board will remain eligible to be appointed in a similar position for a period of 24 months.

The list of NMS countries above includes all IOM Member States which are non-represented in the Professional Category of staff members.

Appointment will be subject to certification that the candidate is medically fit for appointment, accreditation, any residency or visa requirements, and background verification and security clearances. Subject to certain exemptions, vaccination against COVID-19 will in principle be required for individuals hired on or after 15 November 2021. This will be verified as part of the medical clearance process.

Vacancies close at 23:59 local time in Geneva, Switzerland on the respective closing date. No late applications will be accepted.