Jobs at the OPEC Fund for International Development

Job Profile

• The Head of Protocol is responsible for coordinating relations between OPEC Fund and Member States, and for providing substantive technical and logistical support to the Ministerial Council and Governing Board meetings as well as to other high-level OPEC Fund meetings.
• This position also facilitates guests to OPEC Fund and ensures the proper logistics and etiquette is observed.
• The incumbent plans the programs and activities of protocol operations and supervises the implementation.
• The annual workload includes organizing and servicing a Ministerial Council meeting, four Governing Board meetings, 11-14 Board-level committee meetings, and 12-18 loan signature ceremonies, and the preparation of various receptions for other in-house and external meetings and events.

Duties and Responsibilities
Stakeholder management and engagement support:

• Responsible for coordinating relations between the OPEC Fund and Member States, and for providing substantive technical and logistical support to the Ministerial Council and Governing Board meetings as well as other high-level OPEC Fund meetings and visitors.
• The incumbent will be in communication with ministers, OPEC Fund governors and alternate governors, ambassadors, government officials and other high-level representatives. 
• Draft routine correspondence with government ministries and other high-level entities. 
• Anticipate client needs and address them properly.

Meeting coordination assistance:

• Provides assistance in coordinating the organization of ceremonies for the signature of loan/grant agreements, in cooperation with other concerned departments.
• Assists in the coordination of reception of visitors to the Fund, which includes the provision of any relevant high-level representational items (i.e. gifts, handouts). 
• Arranging any necessary meeting-related reservations and appointments. 
• Ensures all internal protocols are understood and met. 
• Provides advice to chief of staff on any matters critical to meeting preparation. 
• Participates in all public relations and protocol activities, including receptions and social events, as well as accommodation and travel arrangements for the Director-General, official visitors and participants in the Ministerial Council and Governing Board meetings.
• Builds and maintains an established network of contacts and partnerships among relevant entities in the hospitality industry, especially, hotels, restaurants, caterers, airport staff, venues in Vienna.
• Ensures all team members properly understand their roles and responsibilities. 
• Carries out other tasks assigned by the supervisor, related to the job function. 
• Develops system to collect and manage feedback in order to improve level of service. 
• Develops and implements processes, guidelines, and strategies related to event management that align with the institution’s strategic plan. 

Documentation:

• Responsible for maintaining up-to-date lists and contact details for of ministers and high officials of the host country, ambassadors posted in the host country, members of the Ministerial Council, members and alternate members of the Governing Board, ministers and high officials of the OPEC Fund’s partner countries.
• Maintains a list of relevant contacts and partners in the hospitality industry, especially, hotels, restaurants, caterers, venues in Vienna. 
• Contributes to a shared master contact list for the organization. 
• Prepares checklists and guidance documents for meetings taking place outside of headquarters. 
• Provides regular reports to the Chief of Staff on lessons learned and new best practices following conclusion of mission and meetings. 

Administrative and logistical support:

• Coordinates the administrative and logistical support for the Fund’s high-level meetings, including arrangements for the transportation of VIPs from and to the airport.

Qualifications and Experience

• University Degree in Public Relations, International Relations, Communication, Business Administration, and/or other relevant field is required. A master’s in any of these fields is an asset.
• Minimum of 10 years relevant professional experience. At least five years of experience in an international institution, embassy, or ministry is desirable.
• Proficiency in Microsoft Office applications, especially Word and Excel. 
• Experience in communicating with high-level VIPs, preferably in English, German and/or Arabic.
• Excellent written and verbal communication skills in English and German.
• A good working knowledge of Arabic, French, and/or Spanish is an asset.

Competencies:

• Knowledge of protocol in a governmental or international organization, including experience of working with the host government.
• Awareness of the subtleties and peculiarities in proper international protocol procedures.
• Ability to understand and follow standard institutional procedures.
• Work in a collaborative way with both internal & external shareholder teams to achieve organizational goals.
• Strong written and oral communication skills and presentation skills ensuring messages and instructions are clearly understood.
• Able to understand confidential information and the need to ensure that such information can be accessed only by authorized persons.
• Able to work efficiently in a well-structured, focused manner setting clear priorities.
• Excellent ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.
• Ability to think strategically and creatively.
• Process and project management skills.
• Foresees risks and allows for contingencies when planning.
• Conscientious and efficient in meeting commitments, observing deadlines and achieving results.

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Job Profile

• The Senior Credit Officer - Debt Recovery manages non-sovereign non-performing loans that have been transferred to the Risk Management Department from the Private Sector Department, develops and executes remedial actions, workout strategies and restructuring with input from General Counsel & Legal Services Department, all in accordance with the institutional risk framework in order to protect OPEC Fund’s assets and maximize recovery.

Duties and Responsibilities

Risk management and analysis
Debt Recovery:

• Review loan non-performance issues, recommend remedial actions, formulate and analyze various workout options, including financial projections and net present value analysis to maximize recovery value.
• Prepare the workout strategy for review and approval by the Risk Management Committee (RMC).
• Implement the approved workout strategy, including negotiations with borrowers and other interested parties, and execute restructuring or liquidation actions.
• Monitor all nonperforming loans under management in line with established guidelines.
• Prepare and submit monthly non-performing loan reports and recommendations on loss provisions to the RMC for approval.
• Enhance, implement and maintain risk management policies, procedures and guidelines related to identification, measurement, risk mitigation and reporting of nonperforming loans and provisioning.

Credit Appraisal and Monitoring:

• Ensure OPEC Fund credit policies, procedures and guidelines are applied to new transactions and existing portfolio. Implement OPEC Fund’s risk appetite set by senior management, contributing to OPEC Fund’s financial sustainability and development objectives.
• Assess the risks of new and existing private sector debt, guarantee and equity transactions in line with the credit approval and monitoring process.
• Provide recommendations to project teams on risk issues, key due diligence items, deal structuring and appropriate risk mitigation measures, determine accurate risk ratings for public and private sector obligors in accordance with internal rating methodologies, pricing / valuation and risk-return analysis, key terms and conditions and financial covenants, during both the transaction approval stage and post-disbursement for waivers / consents and monitoring reviews.
• Prepare objective, well-reasoned and independent risk assessments and credit notes for new transactions at concept and final review stage and waiver approvals, ensuring full disclosure and understanding of risks during the approval and monitoring process.
• Review and provide independent credit opinions on annual monitoring reports of existing transactions, assess and determine updated risk ratings.
• Provide credit decisions on waivers, amendments and consent requests for key transaction terms and conditions, covenants, and any other transaction undertakings.
• Ensure portfolio quality is maintained with timely identification of credit risks, project challenges and portfolio trends. Maintain accurate credit and facility ratings to reflect risks, and updated credit watchlists. Assist in portfolio monitoring and monitoring compliance of exposure limits, diversification/concentration limits, portfolio weighted risk ratings and risk-adjusted return on capital (RAROC).

Reporting:

• Prepare and submit the monthly Nonperforming Loan Report to the RMC.
• Maintain updated Credit Watch lists and submit to RMC quarterly.
• Contribute to the quarterly risk management report, develop risk policies, and administer Credit Committee meetings.
• Prepare and submit Credit Notes for new transactions to the Credit Committee.
• Prepare credit decisions / credit commentary on Waivers, Amendments and Consents and Annual Monitoring Reports.
• Carry out other tasks assigned by the Director, Credit Risk.

Qualifications and Experience

• Master's Degree in Accounting / Finance / Business / Economics or equivalent professional qualification.
• A minimum of 15 years of credit risk and/or banking experience, with a demonstrated track record, substantial knowledge and expertise in all aspects of credit risk management, experience in debt recovery and knowledge of project finance and financial institutions.
• Preferably, 10-12 years of experience with global or regional banks, fund managers, or multilateral/ bilateral development financial institutions.
• Fluent in English. Good working knowledge of French and/or Spanish is a plus.

Competencies:

• Extensive knowledge in credit risk management areas, including assessment of individual loans, guarantees, and equity investments in the context of credit approval and monitoring process, monitoring of portfolio risks, and management of impaired transactions.
• Established analytical skills in the credit risks and high initiative and deep sensitivity in strategic views.
• Ability to deal with sensitive information and maintain strict confidentiality.
• Very good data analysis and evaluation skills.
• Bright, reliable and self-motivated. Ability to take initiative and work independently, as well as work closely with fellow team members in a collaborative environment.
• Demonstrated experience in assessing and advising on appropriate strategies to manage business and organizational performance regarding risk and effectively communicating the impact.
• Ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.  

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Job Profile

• The role holder provides the technical expertise in relation to Enterprise Resource Planning (ERP), software, solution architecture, installation, maintenance, supporting and monitoring of specific IT systems in an effective and efficient manner.
• She/he contributes to the department‘s and unit’s objectives and targets by ensuring timely delivery of projects and IT services.
• The role holder requires to have a deep knowledge of the entire service function to support IT activities in alignment with OPEC Fund's objectives.

Duties and Responsibilities

• Develops/implements application, software.
• Identifies and recommends technology trends to support the future success of OPEC Fund.
• Performs the IT work operation, maintenance, troubleshooting of applications and ERP systems.
• Performs IT tasks in areas such as systems administration, monitoring, patching, database administration, and backup and disaster recovery.
• Maintains and updates the knowledge database and the documentation of systems.
• Resolves incidents and reports them to the supervisor.
• Provides staff training and documentation.
• Provides service desk support related to ERP systems and applications.
• Provides practical information from computing assessments, cost/benefit analysis and recommendations to the supervisor.
• Keeps abreast of developments in Information Technology to maintain and take advantage of best practices.
• Carries out feasibility studies and reports them to the supervisor.
• Reviews technical architecture and proposes hardware and software acquisitions, as well as facilities adjustments/upgrades to satisfy forecasted requirements.
• Implements approved cyber security solutions.
• Accountable for the implementation of IT policies and procedures.
• Interacts with external partners/consultants to acquire goods, services and support.
• Coordinates with vendors for development, maintenance, support and upgrades of the system.
• Coordinates major cross-departmental activities for IT Management.
• Carries out other related tasks assigned by the IT Management.
• Manages IT projects.

Qualifications and Experience

• Bachelor's Degree in Computer Science, Engineering or respective studies. IT certification and other relevant certifications.
• Minimum of 8 years of relevant professional experience. Preferably at least 1 year at an international institution. 
• Fluent in English. Good working knowledge of French, Arabic, German or Spanish is an added advantage.

Competencies:

• Hands-on experience, preferably in broad ERP systems. 
• Very good knowledge of SAP Basis, SAP Solution Manager and OPEN Text.
• Very good knowledge of specific SAP modules: Loans Management (CML),  Treasury Management (TRM), Business Partner (BP), Bank Communication Manager (BCM), Travel Management, Procurement (MM), Finance and Controlling (FICO), Human Resource, Fund Management (FM), Business Warehouse (BW), SAP SuccessFactors.
• Hands-on experience in SWIFT, Bloomberg and the payment integration process.
• Very good knowledge of database maintenance and administration.
• Very good knowledge of support for problem analysis including debugging.
• Hands-on experience with disaster recovery process.
• Hands-on experience in the installation, configuration, documentation, testing, training and implementation of new applications and systems.
• Proficiency in analysis, design, development, testing, implementation, and maintenance of applications in Oracle Application Express (APEX).
• Good understanding of IT infrastructure (servers, storage, network, virtualization platform etc.).
• General understanding of the core activities of development institutions, including the OPEC Fund.
• Familiar with planning and organizational skills, as well as project management and presentation skills.
• Proven track record in enterprise architecture and excellence in execution and performance.
• Work experience with innovation projects, knowledge of innovation tools and methods.
• Strong analytical skills with an aptitude for innovation.
• Proven self-starter with strong initiative, enthusiasm for development business, and results orientation.
• Able to work efficiently in a well-structured, focused manner setting clear priorities.
• Excellent ability to work in an international multi-cultural environment, with sensitivity and respect for diversity.
• Conscientious and efficient in meeting commitments, observing deadlines and achieving results.