Vacancies at The OPEC Fund for International Development

The OPEC Fund for International Development is a multilateral development finance institution established in 1976. Our 12 Member Countries are:  Algeria, Ecuador, Gabon, Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and the Bolivarian Republic of Venezuela.

We are recruiting to fill the positions below:

Job Title: Business Analyst

Location: Austria

Job Profile

• The Business Analyst contributes to the functioning of the Office of the Director-General (DGO) by reviewing and analyzing policies, procedures, and other internal documents and communicating any recommendations to the respective departments.
• The incumbent must have a demonstrated ability to communicate clearly and accurately, both verbally and in writing.

Duties and Responsibilities

• Performs thorough reviews of a range of documentation including policies, procedures, processes, external correspondence, internal memos and promotional media.
• Collaborates with other members of the department on various projects and initiatives.
• Prepares periodic reports and papers summarizing the activities of the department.
• Proofreads copy for style, grammar, and accuracy and ensures all documents conform with the corporate image.
• Maintains relevant document databases and archives.
• Creates systems and processes to streamline operations.
• Liaises with all departments within the OPEC Fund on behalf of the department as well as to ensure appropriate follow-up and delivery of critical activities.
• Researches, benchmarks and analyzes data to recommend courses of action on matters stemming from analytical outcomes.
• Drafts internal communication to concisely and tactfully convey the views of department.
• Verifies the accuracy of facts, dates, figures, statistics, quotations, and citations through research, reference sources and consultation with originating source, when necessary.
• Provides background information and documents and ensures that urgent/important items are brought to the supervisor's attention.
• Prepares replies to routine correspondence, in one or more languages, for the signature of the Director-General.
• Carries out other related tasks assigned by the Chief of Staff.

Qualifications and Experience

• Bachelor's Degree in Business Administration, Finance, Economics, Communication, Journalism or related fields. (A master’s in any of these fields is a bonus.)
• Minimum of five years or relevant professional experience.
• Preferably 1-2 years of experience in an international institution.
• Fluent in English. A good working knowledge of Arabic, German, Spanish, or French is an added advantage.

Competencies:

• General understanding of the core activities of development institutions, including the OPEC Fund.
• Strong written and oral communication and presentation skills, with an ability to convey information succinctly and diplomatically.
• Proven self-starter with strong initiative, enthusiasm for innovation, business development.
• Conscientious and efficient in meeting commitments, observing deadlines and achieving results.
• Works collaboratively with colleagues to achieve organizational goals.
• Ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.
• Demonstrable quantitative and qualitative skills.
• Possesses strong analytical thinking, good planning and organizational skills.
• Skilled in Microsoft Office applications such as Word, Excel and Power Point.

Interested and qualified candidates should:
Click here to apply

Job Title: Project Database Management Analyst

Location: Austria

Job Profile

• The incumbent manages the department’s project portfolio database, contributes to the application of state-of-the-art database technology to collect, organize, analyse and present data, as well as the preparation of regular and ad-hoc reports, in accordance with the departmental strategy and (database) framework, in order to realize optimal data management and provision that enables others to execute their responsibilities in an efficient and effective manner. The incumbent also supports the department’s activities with internal stakeholders with a view to assist PSTFOD achieving its work plan, deliverables, targets and KPIs.

Duties and Responsibilities

• Interfaces with (Senior) Investment Managers to monitor the progress of portfolio project data for effective management, organization and reporting.
• Designs and develops the database structure and prepares the technical guidelines and procedures for departmental staff for easy, effective and efficient usage.
• Designs and develops the reporting format (regular and ad-hoc), focusing on models compatible with the department’s needs.
• Works closely with the Information Technology Unit to ensure the use of up-to-date technology for database management.
• Organizes and maintains the database, performs analyses, and prepares reports on a regular or ad-hoc basis.
• Identifies problems, makes recommendations and takes action to resolve difficulties in managing the database.
• Updates the database management strategy to facilitate preparation of the department’s annual work plan and budget, and to monitor the monetary turnover of projects.
• Proactively tests and manages expectations of (Senior) Investment Managers on the design, set-up and outcome of the database.
• Support the preparation of departmental/unit presentations, the departmental data analysis needs, and preparation of departmental/unit budgets.
• Monitor and keep track of PSTFOD annual targets, KPIs, deliverables and other assigned tasks and report regularly on their progress to ADG-PSTFOD.
• Prepare departmental reports as required.
• Support the collection and preparation of promotional material for internal and external publication.
• Act as the department’s focal point for issues related to compliance, development effectiveness, etc.
• Follow-up on intra and inter-departmental deliverables.
• Work closely with the department and Information Technology Unit to ensure enhancements are delivered on the agreed timelines as required.
• In coordination with Communications Department, prepare weekly updates on media coverage of the Portfolio.
• In coordination with PSTFOD Investment Managers ensure data accuracy of PSTFOD operations in the OPEC Fund IT systems.
• Carry out other tasks that are related to the job function assigned by ADG PSTFOD.
• The incumbent is expected to ensure all tasks assigned are completed within the specified time frames to a high quality and in line with the policies, procedures and objectives of the Fund.

Qualifications and Experience

• Minimum of Bachelor's or equivalent Degree with specialization in Economics, Commerce or Finance or other relevant disciplines;
• Minimum of 3 years of relevant experience preferably in development finance organisation or a banking institution
• Fluent in English. A good working knowledge of German language is an added advantage.

Competencies:

• Possesses strong analytical thinking, good planning and organizational skills.
• Skilled in Microsoft Office applications such as Word, Excel and Power Point as well as able to utilize graphics and tables to effectively and creatively present data.
• Ability to write in a logical, comprehensive and concise manner.
• Highly motivated, proactive, creative, possesses problem solving skills, and driven.
• Good attention to detail and ability to prioritize and multitask effectively.
• Keen interest in development finance.
• Works collaboratively with colleagues to achieve organizational goals.
• Ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.
• Good interpersonal, organizational and time management skills.
• Conscientious and efficient in meeting commitments, observing deadlines and achieving results.

Interested and qualified candidates should:
Click here to apply

Job Title: Country Manager, Public Sector Operations Department

Location: Austria

Job Profile

• The Country Manager contributes to implementing the Mandate of the OPEC Fund in assigned partner countries, i.e. development finance operations/activities in these countries, as well as managing the relationships with development partner institutions.
• The Country Manager, under the supervision of the Regional Director, is responsible for identifying options for the optimum deployment of the resources in the partner countries in accordance with OPEC Fund strategic Framework, Business Plan and Country Operations Strategies. The position reports to the Regional Director. The position has no structural supervisory function/s.

Duties and Responsibilities

• Contributes to development of short-medium and long-term objectives for the assigned countries, in line with the Strategic Framework, Corporate Objectives and Business Plan
• Identifies new cooperation opportunities for public sector financing in assigned countries, including systematic liaison with peers in partner institutions; develops a project pipeline in line with the country operations strategy
• Contributes to the Region and Department main deliverables, including project proposals, development of Department Policy Papers and facilitation of project/loan agreements.
• Responsible for the financing project life cycle in assigned partner countries, from identification, evaluation, approval, signing loan agreement, to implementation and completion
• Responsible for coordinating the development and management of OPEC Fund sovereign loans and operations in assigned complex partner countries
• Conducts on a regular basis portfolio assessments for assigned countries
• Assesses the situation of partner countries under specific circumstances (i.e. post-conflict, economic recession, debt sustainability framework) and evaluates solutions for OPEC Fund assistance, in coordination with major donors
• Reviews draft loan agreements and coordinates prompt fulfillment of legal requirements for approved projects Undertakes project evaluations, including appraisals, mid-term reviews and project completion reviews, in accordance with the defined project scope and OPEC Fund established methodology
• Reviews and monitors, in coordination with the Finance Department, timely processing of loan disbursement requests, loan servicing and repayment process, in accordance with OPEC Fund procedures
• Prepares project impact assessment and completion reports
• Prepares project proposals, operational documents, as well as all internal and external correspondence, ensuring timelines, quality as well as consistency with OPEC Fund guidelines, procedures and applicable legal documents.
• Prepares recommendations for project implementation, monitoring and evaluation related matters (including procurement and loan disbursement in line with applicable procedures).
• Reports to the Regional Director on issues of relevance for OPEC Fund cooperation with assigned countries
• Carries out other tasks assigned by the Regional Director.

Qualifications and Experience

• Master's Degree or equivalent in Economics / Finance / Engineering or other relevant fields
• A minimum of five years of relevant professional experience
• Preferably 1-2 years of experience in an international development finance institution.

Competencies:

• Good knowledge of procurement procedures and processes
• Demonstrable project management knowledge and skills
• Good understanding of developmental project appraisal skills and knowledge
• Demonstrable experience in socio-economic evaluation and impact analyses
• Fluent in English. A good working knowledge of other major languages is an added advantage
• Demonstrable ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.

Interested and qualified candidates should:
Click here to apply