Risk and Compliance Section

(e) Create a risk and compliance section for better risk control of investments and operations

Creation of a post of Chief, Risk and Compliance Section (P 5)

A post of Chief of the Risk and Compliance Section (P 5) is requested.

In this capacity, the Compliance Officer will serve as an adviser on legal issues to the Chief of the Risk and Compliance Section.

The Chief of the Risk and Compliance Section will develop a comprehensive risk monitoring mechanism for the investments of the Fund, apply and oversee the process, develop a methodology for a risk and performance analysis appropriate for the investments of the Fund and oversee the reporting.

As well as responsibility for the operational policies and procedures, the Risk and Compliance Section provides overall control, such that pre settlement activities are managed and monitored and that risk, up to trade settlement, is controlled.

Although the Investment Management Service is not a registered investment company, the goal of the Risk and Compliance Section would be to enhance the compliance function and, in doing so, foster improved compliance.

External variances caused by parties or situations external to the United Nations

1 ASG, 1 P 5, 1 P 4, 2 GS OL, 2 NS

1 D 1, 1 GS OL, 10 NS

1 P 5, 1 GS OL

Human resources

Office of Chief Executive Officer 8

Office of Chief Executive Officer 8

Pension Entitlements and Client Services

Financial Services Section

Engineering Section

Security and Safety Section

Summary of follow up action taken to implement requests and recommendations of the Advisory Committee on Administrative and Budgetary Questions and the Office of Internal Oversight Services

a Represents highest level of authorized proposed strength.

United Nations Military Observers

Uruguay

(to be confirmed)

Pakistan

Military Observer Coordination Centre, Kisangani

Senegal

Formed Police Unit

1 P 3f),

1 P 4,c

65 NS (28 NSc),

1 P 2,

1 P 5,

1 P 2c,

Engineering

So what are the risks?

The Risk Tsunami

During the period under review, the Witnesses and Victims Support Section, which since 2000 had been divided into two Sections, was merged into a single Section.

Includes a history section.

1 P 4, 2 P 3, 51 SS, 48 NS, 6 UNV

1 P 4, 2 P 3, 6 FS, 1 GS OL, 41 NS, 18 UNV

1 P 4, 1 P 2 1, 10 FS, 2 GS OL, 12 NS, 5 UNV

1 GS (OL),

Investment Section

Office of the Director, Investment Management Service