Human Resources Officer (Pension), Contractual, HRD

Human Resources

Overview

Analyze and enhance pension programs and policies

You have:

• Completion of an advanced university degree in Human Resources or related field
• Minimum of four years of relevant, professional work experience
• Alternatively, a university degree and ten years of professional HR experience

Work for the IMF. Work for the World.

The Human Resources Officer, Pension leverages strong quantitative skills to analyze the Fund’s pension program, conducting analyses related to the full pension valuation cycle and associated pension costs. Key activities include conducting pension computations, supporting analysis of pension investment strategies, and identifying opportunities to enhance the pension program.

Major Duties and Responsibilities

• Designs, reviews, and implements pension programs and policies. Develops initial draft of Board papers and associated communications to staff members.
• Conducts pension computations and scenario analysis based on staff member preferences. Coordinates with HR Operations to ensure appropriate data transfers.
• Assesses the Fund’s pension policies and programs to ensure that they continue to meet evolving needs and support the broader HR strategy and business objectives. Recommends program changes as needed.
• Point of contact for the HR Service Center staff and team members in answering complex pension questions requiring further guidance from the COE.
• Supports Investment Unit in researching pension investment strategies, conducting present values analyses and other assessments. Prepares all documentation for Administration Committee.
• Conducts financial and accounting calculations of pension plans, identifying pension budgetary impacts and critically assessing plan design to ensure continued alignment with Fund needs.
• Assists in developing analyses related to the full pension valuation cycle as well as special projects, leveraging technical knowledge of both qualified and non-qualified pension plans and post-retirement medical plans. Evaluates future benefit values and recommends program changes as needed.
• Stays abreast of relevant legal requirements and changes involving pension programs, ensuring that both qualified and non-qualified Fund programs are compliant. Liaises with LEG as needed.
• Leverages broad total rewards knowledge to assist with Compensation & Rewards and Benefits activities as needed.
• Performs other job-related duties as assigned.

Specialized Skills/ Knowledge

• Working independently, applies analytical skills to identify issues or problems.
• Focuses on operational excellence by offering suggestions for improvement, potentially resulting in changes to procedures and policy.
• Prepares final products within context of position.
• Displays in-depth specific technology, business process, or platform knowledge.
• Demonstrates building of knowledge outside of division and a broadened perspective of department and Fund.
• Understands new and more complex policies and applies and implements them.
• Able to apply a broad theoretical understanding of, and practical experiences in more than one HR area, e.g., staffing, training and development, and compensation and benefits.
• In-depth knowledge and expertise in Total Rewards, enabling skilled operation of Fund HR practices, procedures, and programs.
• Researches and analyzes HR technical issues and problems and develops solutions in a thorough, systematic manner. Leads the formulation of policy proposals and recommendations.

Minimum Requirements

Educational development, typically acquired by the completion of an advanced university degree in Human Resources or related field, supplemented by a minimum of four years of relevant, professional work experience, is required. Alternatively, a university degree and ten years of professional HR experience is required.

Competencies

Analytical Skills

• Working independently, applies analytical skills to identify issues or problems.
• Focuses on operational excellence by offering suggestions for improvement, potentially. resulting in changes to procedures and policy.
• Prepares final products within context of position.

Specialty Knowledge

• Displays in-depth specific technology, business process, or platform knowledge.
• Demonstrates building of knowledge outside of division and a broadened perspective of department and Fund.
• Understands new and more complex policies and applies and implements them.

Versatility

• Demonstrates ability to multi-task across multiple projects.

Technological/Data Management Skills

• Identifies opportunities to improve processes and data management by utilizing technology.

Knowledge of Fund Operations/Policies

• Has a broader understanding of one’s own area and multiple departments.

Interpersonal Skills

• Represents division on less complex issues.
• Effectively builds relationships within and outside the department (or sometimes outside the Fund).
• Effectively presents one’s own “view”.

Supervisory (Where Applicable)

• Reviews, monitors, evaluates work of others/vendors.
• Mentors, coaches, and trains in area of expertise.
• Takes leadership role on projects either as project manager for smaller multiple projects or single larger projects.
• Manages a small team/project

Innovativeness

• Selects and implements the best solution with minimal supervision
• Innovation is typically focused on specific area versus Fund-wide or across departments

Communication

• Effectively communicates to Division Chiefs and/or larger groups
• Audience elevated; might present to cross- department audiences
• Develops effective initial written drafts of longer and more complex documents
• Contributes to papers/reports
• Communicates outside the Fund (e.g., with lenders) with little supervision

Work Management

• Displays initiative in determining what needs to get done
• Displays more complex planning and coordination responsibilities

*This is a one-year contractual appointment. Contractual appointments at the IMF are renewable for up to four years of cumulative contractual service, pending incumbent's performance, budget availability, and continuous business need.

All applicants are expected to include a Statement of Interest as an attachment to the application, which may be used in the screening process for this vacancy.*

Department:

HRDTR Human Resources Department Total RewardsHiring For:

A11, A12The IMF is committed to achieving a diverse staff, including age, creed, culture, disability, educational background, ethnicity, gender, gender expression, nationality, race, religion and beliefs, and sexual orientation.

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Potential interview questions

Added 3 years ago - Updated 1 year ago - Source: imf.org