Jobs at the OPEC Fund for International Development

Job Profile

• The incumbent drafts and reviews HR policies and guidelines, recommends solutions based on applicable regulations, rules and general principals.
• S/he identifies and assists in solving HR policy related gaps and misalignments that are relevant to meet the needs of the OPEC Fund.
• This is done by researching and collecting legal references and benchmarking HR policies with comparable international institutions.
• The incumbent is also responsible for communicating and promoting rules and procedures, as well as monitoring their compliance and implementation

Duties and Responsibilities
Policy Development:

• Reviews existing policies, frameworks and procedures to assess their adequacy and alignment with the emerging needs and strategy of the Organization
• Formulates new HR policies in close collaboration with the Head, HR Policies and Development and works with different HR functions to collect relevant inputs
• Identifies policy flows and misalignments by conducting comparative analysis of current HR rules and benchmarking against other international organizations
• Drafts amendments to HR policies, reviews comments and edits from stakeholders, addresses queries and updates documents, as required
• Recommends policy changes and innovative approaches on how these can be addressed 
• Reviews proposed changes, advises on feasibility and potential risks

Policy Communication and Implementation:

• Contributes to the successful roll-out of policies and procedures, promoting the use of new processes and introducing new approaches
• Develops systematic feedback mechanisms to assess policy impact and effectiveness
• Develops appropriate communication strategies to promote awareness, understanding and support for HR policies across management and staff
• Assists with the interpretation of HR provisions as well as exceptions and precedents
• Advises management on HR policy applicability, acting as a policy adviser within the HR Unit
• Ensures consistency across HR policies and provisions, flagging misalignments, if any

Reporting and Policy Planning:

• Ensures alignment of initiatives with overall HR strategy and program
• Tracks the progress of HR policy related initiatives, reporting regularly to the Head, HR Policies & Development
• Drives the assessment of HR policy related projects and reports to management by consolidating results and feedback received
• Conducts in-depth research and studies on both legal and factual aspects of the issues of HR, keeping abreast of the developments in the field and in comparable international organizations
• Carries out other duties as assigned by the HR Director and Head, HR Policies & Development

Qualifications and Experience

• A Bachelor's Degree in Law, International Management, HR, Public or Business Administration or other related fields.
• A minimum of 5 years of professional experience in a relevant field. 
• Preferably 2-3 years at a responsible level in a large organization, preferably international in nature.
• Fluent in English. A good working knowledge of German, French, Arabic, or Spanish is an added advantage.

Competencies:

• Proven ability to follow existing process with high attention to detail
• Proven ability to work well under pressure and meet deadlines
• Extensive knowledge in the usage of office technologies, such as Microsoft Office applications (Word, Excel, PowerPoint, etc.), intra/internet as well as on-line database management.
• Excellent verbal and written communication skills.
• Ability to work independently with minimum supervision and guidance.
• Good interpersonal and time management skills.
• Ability to create, develop and analyse policies in an efficient and timely manner. Must be able to demonstrate a strong ability to effectively manage multiple priorities and tasks simultaneously
• Demonstrable ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.

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Job Profile

• The Syndication Officer is responsible for providing syndications and co-financing services for the private sector & trade finance lending activities of the OPEC Fund, provides support to and manages syndications and co-financing transactions and OPEC Fund’s relationships with syndication / co-financing partners, in accordance with the departmental strategy, in order to ensure a sustainable pipeline of syndication and co-financing activities.

Duties and Responsibilities
Syndication:

• Leads syndicated loan transactions associated with the private sector & trade finance lending activities of the OPEC Fund.
• Contributes to the delivery of the annual syndication targets for OPEC Fund. 
• Contributes to the development of internal operational processes and procedures for the syndication and co-financing of loans. 
• Performs market soundings, pricing and provides risk appetite feedback to ADG PSTFOD and BDU Team for their consideration.
• Contribute to formulating and executing the strategic objectives and business model of the Syndication Function. 
• Support management in developing a network of syndication/co-financing/market participants. 
• Provide support to prepare departmental reports, and provide inputs for strategy, board papers, departmental balance score-card, pricing, and sector papers. 

Support:

• Prepares pitch books and market updates for clients, information memoranda for lead/co-lead transactions, and slides for partner meetings/roadshows as needed.
• Supports the preparation of marketing strategy for coverage areas (infrastructure, Financial Institutions, Manufacturing & Services)

Stakeholder management and engagement:

• Expands syndications and co-financiers base among development finance institutions and commercial banks. 
• Negotiates credit documents with syndicate/co-financing institutions in liaison with relevant internal departments (Business Development Unit, Portfolio Management Unit, Legal Department

Qualifications and Experience

• Master’s Degree in Accounting / Commerce / Finance / Economics or other relevant disciplines. 
• A minimum of 7 years of relevant credit and origination experience, including at least 3 years of direct underwriting and or syndication experience gained in a major development Finance institution or an international commercial/investment bank.
• In addition, preferably 1 - 2 years at an international development finance institution
• Fluent in English. Good working knowledge of Arabic, French, or Spanish is an added advantage.

Competencies:

• Extensive knowledge in the usage of office technologies, such as Microsoft Office applications (Word, Excel, PowerPoint, etc.), intra/internet as well as online database management.
• Excellent verbal and written communication skills.
• 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

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Job Profile

• The position is responsible for providing legal advice and assistance to the Financial Operations Department, including the Treasury and Funding Units, on funding, resource mobilisation, derivatives, liquid asset investment and other finance-related matters, with a view to ensuring the highest standards of legal advice and documentation, protection of the OPEC Fund’s interests and compliance with the OPEC Fund’s mandate, policies and procedures.

Duties and Responsibilities
Under the supervision of the Senior Director and General Counsel, the responsibilities of the Senior Counsel –Financial Operations will include:

• Supporting and advising the Treasury and Funding Units in the negotiation and drafting of documentation for implementing the borrowing program and debt capital market transactions including the issuance of bonds and commercial papers
• Assisting in the preparation and the review of documentation for derivatives and other risk management transactions, including the negotiation of ISDA master agreements, Credit Support Annexes and other transaction documents.
• Reviewing and revising global clearing, custody, execution and repurchase agreements to facilitate OPEC Fund’s investment and risk management.
• Providing support to the Treasury Team on funding related issues, including compliance with listing rules, swap and hedge transactions and documentation of debt  issuances, including comfort letters and due diligence exercises.
• Providing interpretation and legal opinion on the OPEC Fund’s financial regulations, regulatory and relevant policies and rules.
• Providing legal support to the OPEC Fund’s middle-office following the debt issuance, including drafting of specimen legal documentation to ensure adherence to best practices, applicable law and relevant OPEC fund standards and policies.
• Reporting and providing recommendations to the Senior Director and General Counsel on significant developments, emerging opportunities and challenges in the area of finance operations.
• Identifying issues of importance on finance matters in  relation to OPEC Fund’s operations and conducting research, analysis and studies on a wide range of legal issues, including interpretation of legal instruments;
• Carrying out other tasks assigned by the supervisor that are related to the job functions.

Qualifications and Experience

• At least a Master's Degree in Law or Finance plus a First Degree in Law or a Juris Doctor (JD) and admission to the Bar.
• At least ten years of relevant professional experience in a Multilateral Development Bank or a reputable international law firm, with proven technical competence and experiences in the debt capital markets and banking practice

Skills and Competences:

• High level skills in communication and negotiation as well as the ability to build partnerships with a broad range of stakeholders and deliver results that meet the needs of the Legal Service Department’s work program.
• Seasoned knowledge in the current trends of development and familiarity with international law, and related matters within the OPEC Fund and other international organizations.
• Capacity to conceive and supervise the negotiation of complex legal documents including ISDA Master Agreements, Global Master Repurchase Agreements, and bond issues (standalone or medium-term note program).
• Ability to work and deal with sensitive issues in a multi-cultural environment and to build effective working relations with colleagues.
• Excellent command of English, including drafting and negotiating legal documents in English. Knowledge of other languages (French/Spanish/Arabic) will be advantage.
• Ability to communicate effectively (written and oral) in English, preferably with a working knowledge of the other.
• Ability to work within a multi-cultural and multi-disciplinary team.
• Ability to work with little supervision and under pressure.