Job Identification (Reference Number): 16328
Position Title: Treasury Officer
Duty Station City: Geneva
Duty Station Country: Switzerland
Grade: P-3
Contract Type: Fixed-term (1 year with possibility of extension)
Recruiting Type: Professional
Vacancy Type: Vacancy Notice
Initial duration: 1 year with possibility of extension
Closing date: 15 September 2025
Introduction
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 ensuring a workplace where all employees can thrive professionally, while working towards harnessing the full potential of migration. Read more about IOM's workplace culture at IOM workplace culture | International Organization for Migration
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, Bahamas, Barbados, Comoros, Congo (the), Cook Islands, Federated States of Micronesia, Guinea-Bissau, Holy See, Iceland, Kiribati, Lao People's Democratic Republic, Madagascar, Marshall Islands, Namibia, Nauru, Palau, Saint Kitts and Nevis, Saint Lucia, Samoa, Sao Tome and Principe, Solomon Islands, Suriname, Tonga, Tuvalu, Vanuatu.
Context
Under the direct supervision of the Senior Treasury Officer, the Treasury Officer will be in charge of the International Treasury and will work mainly with the Country Offices. They will support Country Offices in their bank relationships and related treasury issues. The International Treasury Officer will work in close collaboration with the Manilla Treasury team, Project Team and the Senior Treasury Officer.
Lead Bank rationalisation project
- Opening of new bank accounts in the context of the project
- Proposal of rationalisation per geographical area and action plan.
- Collaborate closely with Treasury Technical team to ensure the coherence between the bank rationalization plan and the Trax payments project to automate payments.
Country Offices bank relationship monitoring
- Business owner of FinCoorp requests for:
- Credit cards
- Open/close bank accounts and the control of signatories list at the opening of the account- in coordination with the Treasury assistant in charge of e-banking platform
- Change of Signatory requests
- Oversight of Country Office liquidity balance levels and consider requests for exceptions together with the Senior Treasury Assistant.
- Develop knowledge of missions using Trax payments for harmonization of business needs .
- Propose new FinCoorP services to improve missions request management in coordination with the TSY Project team.
- Collection of mission operational requirements linked to Treasury/Banking services.
High-risk Country Offices
- Responsible for the monthly mission’s banking risk classification update: based on the information collected with the Middle Office and Treasury assistant.
- Put in place appropriate controls to monitor high banking risk missions.
- L3 missions monitoring from Treasury perspective in coordination with Emergency department.
Country Offices communication and training
- Lead treasury related training when required.
- Communicate on important policy for Missions in coordination with Regional offices.
- Create documents to help missions understand rules and policies.
- Create a visual identity for communication coming from Treasury.
Reporting and Compliance
- Prepare monthly reporting to share with Treasury team to update on missions’ local issues to create a strong knowledge within the team.
- Create reporting and KPIs.
- Responsible for missions’ sections in the treasury risk committee.
- Coordinate with external auditors as required.
- Collaborate with Middle office for policy and risk analysis.
Country Offices funding
- Lead relationships with FX counterparties to ensure strong competition and availability of exotic currency in coordination with the exotic FX trader.
- Back up for Missions funding requests process during Geneva hours.
- Collaborate with Country Offices and the Cash Based Intervention Team to research and to propose alternatives to cash.
Other:
- Perform such other duties as may be assigned.
Education
- Master’s degree in Finance or a related field from an accredited academic institution with five years of relevant professional experience; or,
- University degree in the above fields with seven years of relevant professional experience.
- Association of Corporate Treasurers (ACT) qualification (Fundamentals) or equivalent recognized treasury certification is desirable.
Accredited Universities are those listed in the UNESCO World Higher Education Database.
Experience
- Experience in treasury in an international context dealing with cash management and Foreign exchange exposure;
- Proven experience in reporting and project management;
- Relevant experience with international banks; and,
- Experience with international financial regulations or cross-border transactions.
Skills
- Skills in communication with various culture;
- Knowledge of Treasury operational functions across Back, Middle, and Front office;
- Proficiency in financial analysis and modelling;
- Excellent communication and interpersonal skills to collaborate with various departments;
- Attention to detail and ability to work accurately under pressure;
- Knowledge of payment types (SEPA, international, ACH) within a country; and,
- Prior exposure to Coupa management system and Oracle Cloud is advantageous.
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.
IOM’s official languages are English, French and Spanish. All staff members are required to be fluent in one of the the three languages.
Proficiency of language(s) required will be specifically evaluated during the selection process, which may include written and/or oral assessments
Required Competencies
IOM’s competency framework can be found at this link Competencies will be assessed during the selection process.
Values - all IOM staff members must abide by and demonstrate these 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.
Notes
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.
Appointment will be subject to certification that the candidate is medically fit for appointment, accreditation, any residency or visa requirements, 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 Geneva, Switzerland on the respective closing date. No late applications will be accepted.
IOM does not charge a fee at any stage of its recruitment process (application, interview, processing, training or other fee). IOM does not request any information related to bank accounts.
IOM only accepts duly completed applications submitted through the IOM e-Recruitment system (for internal candidates link here). The online tool also allows candidates to track the status of their application.
Only shortlisted candidates will be contacted.
For further information and other job postings, you are welcome to visit our website: IOM Careers and Job Vacancies
