Accounting/Auditing

CERN Pension Fund Investment Committee External Professional Expert - European Organization for Nuclear Research (Geneva)

Contract TypeContract Agent

About this position

The summary below is published by European Organization for Nuclear Research on the official vacancy notice. Our own analysis — salary realism, comparable openings, career trajectory, language profile — follows further down the page.

Background

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 benefits to CERN and ESO employees, former employees and their families. 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 capitalised defined benefit scheme, the CERN Pension Fund's assets are around CHF5 billion with 3,300 beneficiaries and more than 4,400 members.

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…

Excerpt shown; read the full notice on the official page. The structured breakdown below covers the key facts.

Key responsibilities

According to the vacancy notice, the role centres on the following duties:

  • Make proposals to the Pension Fund Governing Board regarding the Fund's Statement of Investment Principles
  • Review the Fund's investment performance
  • Monitor the Fund's risk tolerance
  • Attend four Investment Committee meetings per year, including a joint meeting with the Pension Fund Governing Board

Are you eligible?

Check these requirements from the notice before investing time in an application:

  • Experience: 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
  • Key skills: 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

Selection process

The notice describes the following selection steps:

  • Application submission with CV in PDF format
  • Interviews for selected candidates by Zoom videoconference

Contract and working arrangements

Contract duration: Maximum period of three years, renewable once for a further maximum consecutive period of three years.

Working arrangements: Meetings typically take place at CERN in Geneva, Switzerland; interviews conducted by Zoom videoconference.

Hiring unit: CERN Pension Fund, Investment Committee.

Position details

Reference
REF4105F
Last Verified
18 October 2026

Position overview

This is the official EU Careers listing for CERN Pension Fund Investment Committee External Professional Expert at CERN based in Geneva (Contract Agent). The vacancy reference is REF4105F. The role falls under the Accounting/Auditing domain.

Background

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 benefits to CERN and ESO employees, former employees and their families. 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 capitalised defined benefit scheme, the CERN Pension Fund's assets are around CHF5 billion with 3,300 beneficiaries and more than 4,400 members.

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 governance structure, investment principles, benefits structure etc.) can be found on the Fund’s website.

The composition of the IC provides for two external professional experts and there is currently an opening for one member, effective from 13 May 2027.

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 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

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.

Application timeline

This vacancy was first listed on 9 October 2026, 9 days ago.

No closing date is published in the source feed for this position. EU vacancies typically remain open for four to eight weeks; check the official vacancy notice for the cut-off date and time.

Last verified against the EU Careers feed on 18 October 2026.

Where to learn more

For headcount, mission, and other open vacancies at CERN see the CERN institution page; for the cost of living, correction coefficient, and other postings in Geneva see our Geneva location page; for related vacancies in the Accounting/Auditing field browse our Accounting/Auditing domain page.

New to EU careers? Our beginner's guide walks through entry routes, EPSO competitions, and what to prepare. For application logistics see application tips and EPSO competitions.

Career trajectory

Career progression for this grade staff is governed by Articles 44 to 46 of the Staff Regulations (consolidated text on EUR-Lex) and Annex IB on the promotion procedure. Step increases are automatic every two years (Art. 44); grade promotion is competitive, based on the appraisal exercise (Art. 45) and the Career Development Review. For roles at CERN, progression to the next grade typically takes three to five years on merit, with two-yearly step increases in between. Article 46 governs the classification at recruitment, which sets the starting step within the grade (usually step 1 for external recruits without prior EU service, step 2 or 3 where relevant professional experience is recognised).
Mobility within the institutions is encouraged via the inter-institutional and intra-institutional vacancy publication system: temporary agents who pass the probation period and reservists from EPSO laureate lists can typically apply to internal vacancies after one year of service. Lateral moves between Directorates-General reset the seniority clock for promotion only if the new post carries a different grade.

Language profile

Beyond the formal language requirements stated in the vacancy notice, the day-to-day working languages at this employer are English and French in roughly equal measure, with German appearing in some technical files. Internal meetings and most policy drafting in Brussels run in English; French remains the preferred internal language in Luxembourg-based services and parts of DG TRADE.

Application cadence

CERN has not advertised another comparable role with the same grade and Accounting/Auditing signature in the past twenty-four months. This opening has rarely been seen on the EU Careers feed and may be the first such posting in our two-year window. Applicants who pass the eligibility checks should not assume the same profile will reopen on a predictable cadence.

Source: This job listing was sourced from the officialEU Careers portal (EPSO). First published: .

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