Investment Committee External Professional Expert

Job Description

Role and composition of the IC

The functions of the IC are laid down in Article I 2.10 of the Fund’s rules and, amongst other things, include making proposals to the PFGB regarding the Fund’s Statement 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

The IC holds four meetings per year, including a joint meeting with the PFGB, but additional meetings or conference calls may be scheduled if required. Typically, meetings last a full day and take place at CERN in Geneva, Switzerland. Professional members are expected to attend every IC meeting. Professional members are required to act in the best interests of the Fund and to abide by the CERN Code of Conduct and the Guidelines for implementation of said Code.

Qualifications

Qualifications and requirements

Candidates are required to possess deep and extensive experience of overseeing the asset management processes of large pension funds, or similar long-term institutional investors, such as endowments, foundations, and sovereign wealth funds.

Candidates should have academic and/or professional qualifications and practitioner experience in some or all of the following areas:          

• Long term asset studies
• Portfolio construction
• Investment 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

Interested persons should apply with a CV (.PDF format) by clicking "I'm interested" on this link.

Deadlines

Applications will be accepted until 15 November 2026. Interviews for selected candidates will take place by Zoom videoconference.

Compensation: 1500 to 6000 (CHF) (YEARLY)