Work Abroad Job Vacancies @ OPEC Fund for International Development – 7 Positions

Location: Austria

Job Profile

• The incumbent supports the Portfolio Management Unit in analysing and monitoring PSTFOD operations and in reviewing relevant operations matters in accordance with OPEC Fund processes and procedures in order to enable decision-making based on reliable, valid, timely and complete information.

Duties and Responsibilities
Financial modelling, reporting & analysis:

• Work as a team member on operations providing support to all aspects including spread and analyzing financial data (financial statements, financial models and financial projections);
• Reviewing, analyzing and assessing reports from external parties (e.g. compliance information, advisor and consultants reports, financial reports etc.) to ensure compliance and report any deviation or identified risks to relevant Investment Managers; and,
• Preparation of Credit Rating Score Cards.

Support to Investment Managers:

• Participate in the preparation of annual/quarterly credit monitoring reports
• Prepare draft memos and other documentation for internal processes;
• Support Investment Managers in their communication with the Legal Department, Credit Risk Unit, Loan Management Unit, clients and other stakeholders throughout the project cycle (from document negotiation to full repayment); and,
• In coordination with the Investment Managers ensure data accuracy of PSTFOD operations in the OPEC Fund IT systems.

Documentation and back-up:

• Review and register withdrawal applications / drawdown requests in the Management Information System (MIS) for onward forwarding for clearance.
• Enter project and compliance reports in MIS;
• Maintain project filing in the Electronic Documents Management System (EDMS);
• Carries out other tasks related to the job function assigned by the Director, Portfolio Management; and,
• Carry out duties that may be assigned by the Unit.

Qualifications and Experience

• Bachelor's Degree in Economics, Commerce or Finance or other relevant disciplines;
• Minimum of three years or relevant professional experience in portfolio management at a development finance or a banking institution.
• Fluent in English. A good working knowledge of Arabic, German, Spanish, or French is an added advantage.

Competencies:

• Experienced in preparing or reviewing financial model and conducting financial analysis of financial institutions, corporates or project finance transactions.
• Ability to distill large amounts of information from various resources.
• Possesses strong analytical thinking, good planning and organizational skills.
• Strong written and oral communication and presentation skills, with an ability to convey information succinctly and diplomatically.
• Good attention to detail and ability to prioritize as well as multitask effectively.
• 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.
• 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.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Note: This position is subject to Local recruitment. Candidates with valid Residency and authorized permit to work in Vienna are also eligible to apply.

Location: Austria

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.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Location: Austria
Job Type: Temporary Contract - one year

Job Profile

• The incumbent processes and administers the OPEC Fund’s monthly payroll and subsequent activities as well as maintains the employee database regarding salary and pay by following established procedures, in line with the institution’s Rewards strategy, in order to realize a correct and efficient payroll administration.

Duties and Responsibilities
Payroll Administration:

• Administers the monthly employee salaries and calculations of benefits for staff (Non-locals, Locals and Pensioners payroll) proceeding on hiring, transfer, retirement or disengaging from the organization.
• Administers the associated time management system interface for SAP HCM
• Administers the organizational structure and integration in SAP HCM modules (SAP OM, SAP PA, SAP-FI)
• Calculates the correct amount incorporating overtime, deductions using the SAP HCM.
• Processes all monthly subsequent activities for Austrian Social Insurance (Creation and administration of contribution notification and SI contribution posting after creation)
• Addresses issues and questions regarding payroll from employees and supervisors.

Education Grant:

• Processes and check education grant claims submitted by staff members.

Business Process:

• Provide support for SAP HR business process related issues
• Participate in improvement initiatives of the organization’s SAP-HR-system related processes with Business Process Owners and Power Users
• Recognize and improve the organization’s use of the SAP-HR-System, using best practice and standard delivered solutions
• Design and agree functional specifications to meet new business requirements, including defining technical specifications for developers
• Establish and manage Business Process Improvement (BPI) projects pipeline in driving continuous improvement solutions for HR in coordination with HR Director and HR Heads
• Advice business partners on decisions, leading to common/compatible solutions for SAP-HR
• Develops and implements processes and SAP-HR-tools that encourage continuous performance improvements.

Reporting:

• Prepares reports for HR Director and Head, Payroll, Compensation & Benefits, budget and expenses when needed.
• Conducts configuration and testing of various modules and processes in HR modules.
• Carries out other duties as assigned by the HR Director and Head, Payroll, Compensation & Benefits.

Information security:

• Maintains full confidentiality with all stakeholders.
• Identifies opportunity for improvement and recommend solutions.
• Liaises with the Information Technology Unit.

Documentation and back up:

• Maintains personnel database regarding salaries, allowances and entitlements.
• Assists in the administration of the attendance and leave records system.

Qualifications and Experience

• A Bachelor’s Degree in Business Administration/ Human Resource Management or respective studies.
• 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.), SAP, 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 analyze 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.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Location: Austria
Job Type: Temporary Contract - one year

Job Profile

• The incumbent supports the design and delivery of the existing HR strategy, ensuring its alignment with the OPEC Fund objectives.
• S/he formulates partnerships across the HR function to deliver value-added service to employees that reflects the business objectives of the organization.
• This includes providing technical support and advice on processes and practices across HR areas including talent acquisition and recruitment, onboarding, benefits and entitlements, separations, transfers, the institution’s performance management system and other staffing issues such as retirements or grievances.

Duties and Responsibilities
Strategic Planning:

• Supports the Head, Talent Acquisition and Business Partnerships across a range of Talent Acquisition & Business Partnerships initiatives and projects
• Contributes to the enhancement of staff engagement and performance by proposing innovative approaches
• Contributes to the strategic planning within the Talent Acquisition and Business Partnerships area as well as the work plan
• Prepares reports and actively contributes to HR taskforces and projects.

Recruitment:

• Assists with monitoring the implementation of the annual recruitment plan
• Liaises with other departments to identify staffing needs and selection criteria
• Promotes the use of effective and innovative screening techniques to attract top talents
• Works closely with talent acquisition to monitor and ensure fairness in hiring practices
• Assists the Head, Talent Acquisition and Business Partnerships with managing talent programs of the OPEC Fund including Internships, the Young Professional Development Program (YPDP) and Para Professionals.

Performance Management System:

• Identifies opportunities to improve the organization’s Performance Management System
• Collects feedback from staff and management to report on systems flows and issues; proposes viable solutions to resolve them and streamline processes
• Ensures that the performance management cycle is on schedule by initiating the process, reminding staff and managers about deadlines, preparing resources

Stakeholder Management and Engagement:

• Liaises with other departments, builds and maintains effective relationships
• Engages and keeps harmonious partnerships with employees and managers across the organization
• Carries out any other related tasks assigned by the HR Director and Head, Talent Acquisition and Business Partnerships.

Qualifications and Experience

• A Bachelor’s Degree in Business Administration/ Human Resource Management or respective studies.
• 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.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Location: Austria
Job Type: Temporary Contract - one year

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, Human Resources, 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.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Location: Austria

Job Profile

• The incumbent strengthens the OPEC Fund’s Building and Facility Management (BFM) team and is responsible for coordinating and facilitating technical consulting, engineering and construction works relating to the Fund’s three buildings.
• Regular engagement with the Project Manager and the selected construction contractors for the OPEC Fund Parkring 6 Project, as well as quality assurance for the project is required.
• The incumbent’s immediate focus will be on PR6, however post-handover the expectation is that his/her responsibilities expand beyond that to cover other tasks within BFM and as determined by the Director of ASU.

Duties and Responsibilities

• Coordinates the multiple project interfaces between the planning, design and construction activities in line with the OPEC Fund requirements.
• Reports timely and communicates clearly to the Project Steering Committee on all issues associated with the project.
• Closely works with the architect, Project Manager and contractors to ensure that works are executed in a timely manner to maintain the planned completion schedule and budget.
• Monitors and reports on project progress against the scheduled and planned works to the Project Steering Committee.
• Proposes solutions to overcome unforeseen situations.
• Negotiates any modifications with the Project Manager and contractors as required.
• Establishes effective quality control measures to ensure that contractors deliver services according to the agreed and contracted specifications.
• Works closely with the Project Manager to ensure that, at point of receipt, the works from various contractors are in accordance with all contracted requirements and that quality standards have been adhered to and where deviation has occurred that the change has been managed appropriately.
• Manages potential changes to scope of the works, liaises with all appropriate stakeholders, with aim of limiting any impact on time and cost.
• Plans, schedules and implements transition into a fully operational new office building with minimal impact to the OPEC Fund operations.
• Performs any other activity within BFM and as assigned by Director, ASU.

Qualifications and Experience

• Master's Degree - Advanced University Degree in Engineering Management, Construction Management, Architecture, Facilities Management or any other relevant Engineering related discipline.
• Minimum of 10 years’ relevant professional experience and a proven record of planning, coordinating and executing the implementation of complex capital projects.
• Excellent oral and written command of English. Fluency in German is an advantage given the close collaboration with local contractors.

Competencies:

• 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.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Location: Austria

Job Profile

• The Loan Management Officer is responsible for planning and executing disbursements, issuing collection and settlements, posting loan repayments, interest income, and other relevant fees, non-performing loans, and maintaining accurate records of transactions in the loan accounts, all in accordance with the institutional strategy and framework.

Duties and Responsibilities
Monitoring and Review:

• Reviews and validates financial terms and conditions of loans, guarantees and grants.
• Ensures timely and accurate update of data pertinent to loan terms and conditions in the information systems; prepare loan-billing statements for front-end fees and other origination fees.
• Verifies the application of arrears sanctions in accordance to the Fund’s policy.
• Reviews withdrawal applications to ensure compliance with the Fund’s disbursement procedures and contractual obligations prior to payment.
• Initiates the execution of outgoing payments for loan disbursements, equity investments, and grants.
• Verifies that disbursements are promptly and correctly posted in the information system; prepares loan statements, and advice on debit/credit, among others, where necessary, for use by the borrowers.
• Determines applicable interest rate for floating rate loans and issues interest rate setting notice.
• Completes periodic reconciliation of SAP/CML loan subsidiary accounts with the general ledger, as well as follow up on all outstanding items.
• Manages the issuance, amendment and cancellation of reimbursement guarantees to commercial banks in consultation with the Fund’s General Counsel & Legal Services and Operations Departments.
• Analyzes, reviews, and timely issues loan claim letters to borrowers.
• Tracks repayments due and reconcile allocation of incoming payments through Fund’s accounts and the respective postings in the relevant loan account registry.
• Identifies follows up and reports loans in arrears.

Reporting:

• Prepares standard and ad-hoc financial reports.

Coordination:

• Coordinates with relevant departments, units and officers to ensure the correctness and consistency of data in the information system.
• Cooperates with the Operations Departments to ensure that the impact of new financial products on financial operations is duly considered prior to implementation.
• Participates in cross-departmental projects.

Qualifications and Experience

• Master’s Degree in Finance / Business, majoring in Accounting, Financial Control, Business Administration or other relevant fields
• Preference for a recognized accounting / finance certification such as the CA or CPA
• A minimum of 5 years relevant professional experience
• Preferably 2 - 3 years of experience in an international development institution
• Fluent in English. Good working knowledge of French, Arabic, German or Spanish is an added advantage.

Competencies:

• Strong analytical thinking: Ability to use complex analytical techniques to break down problems into pieces and see the complex relationship among them, develop alternatives and calculates the cost/benefit analysis.
• Team player & demonstrate leadership: ability to value and encourage other members to actively participate in the team
• Ability to define priorities and set targets, to take decisions based on these and to evaluate the effectiveness of the decisions taken
• Knowledge of financial accounting; knowledge of exchange rate policies; knowledge of taxation and the design of fiscal regimes for resource extraction
• A good understanding of the Fund’s operations (particularly the areas of public and private sector, grants operations and trade financing)
• Proven track record of debt relief and concession issues & put it into excellence in execution and performance
• Familiar with SAP-CML Enterprise Resource Planning (ERP) systems with a high degree of integration.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

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