Cern Pension Fund Investment Committee External

vor 3 Wochen


Geneve, Schweiz CERN Pension Fund Vollzeit

Company Description

The CERN Pension Fund is the pension fund of the European Organization for Nuclear
Research (CERN). The purpose of the Fund is to provide pension and social security benefits to over 7,000 members and beneficiaries employed at CERN and at the European Southern Observatory (ESO). CERN’s overall mission is to enable international collaboration in the field of high-energy particle physics research. ESO’s mission is to enable major scientific discoveries by constructing and operating powerful ground-based observational facilities that are beyond the capabilities of individual member states and also to foster international cooperation in astronomy. Operating as a funded defined benefit scheme the CERN Pension Fund's assets currently exceed CHF4.4 billion.

The Fund is an integral part of CERN but with operational autonomy. The oversight of the fund is entrusted to the Pension Fund Governing Board (PFGB) which is assisted by an Actuarial and Technical Committee (ATC) and Investment Committee (IC).
The management of the Fund is entrusted to the Chief Executive Officer who is accountable to the PFGB and is supported by the Pension Fund Management Unit (PFMU).

Further details and information regarding the organization of the Fund (including its

The composition of the IC provides for two external professional experts and there is currently an opening for one member, effective from January 2024.

**Job Description**:
**Role and composition of the IC**

The functions of the IC are laid down in Article I 2.10of the Fund’s rules and amongst other things include making proposals to the PFGB regarding the Fund’sStatement of Investment Principles, reviewing the Fund’s investment performance, and monitoring the Fund’s risk tolerance.

The composition of the IC is laid down in Article I 2.11 of the Fund’s rules. The IC is required
to have at least four members, comprising two members of the Governing Board appointed by the latter, two external professional experts appointed by the Governing Board, and any
additional member(s) that the Governing Board may decide to appoint, who can be either
Governing Board members with relevant experience or external experts.
The members of the IC are appointed for a maximum period of three years, renewable once
for a further maximum consecutive period of three years.

**Description of work**

**Qualifications**:

- Asset management
- Portfolio construction
- Risk management
- Equities
- Fixed income
- Real estate
- Private equity
- Hedge funds
- Other asset classes including infrastructure, timber, farmland, and commodities

Additional Information
**Fees**

A market-competitive fee will be payable to external experts appointed who are not in the employment of CERN or ESO. Further information shall be provided at the selection stage.

**Applications**

**Deadlines



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