🇳🇬 Work Abroad Job Vacancies @ OPEC Fund for International Development – 9 Positions

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 following positions below:

1.) Executive Assistant
2.) Senior Counsel - Treasury / Capital Markets
3.) Accountant
4.) Senior Budget Officer
5.) Human Resources (HR) Director
6.) Analyst
7.) Senior Environmental Specialist
8.) Senior Strategy Specialist
9.) Chief Auditor

Job Title: Executive Assistant

Location: Austria

Job Profile

• The Executive Assistant is responsible for providing secretarial/clerical services to the Office of the Director-General, performs auxiliary administrative duties relevant to the supervisor's responsibilities and coordinates overall Office activities, within overall policies or instructions.

Duties and Responsibilities
Correspondence:

• Receives, logs, reviews and distributes all incoming mail.
• Provides background information and files concerning correspondence and ensures that urgent/important items are drawn to the (Office of the) Director-General’s attention.
• Drafts correspondence in one or more languages, upon own initiative or on-the-job instructions received, for the signature of the Director-General.
• Checks outgoing mail for accuracy, conformity with overall policies or instructions, and use of the correct communication channels.

Business meetings/ events arrangement:

• Receives officials and other visitors to the Office of the Director-General and arranges meetings, notifies participants of place, date, time, and subject.
• Makes arrangements for duty travel, prepares travel authorizations, ensures that visas, vaccination certificates, etc., are in order and completes the required forms.
• Takes minutes of the meeting and prepares draft records for the Director-General’s approval.
• Manages the (Office of the) Director-General calendar and assists and advises the Office on a variety of administrative and logistical matters.

Coordination:

• Assists the (Office of the) Director-General with the coordination of submissions in relation to budget and work programs.
• Adheres to deadlines and coordinates correspondence, reporting and submissions to Ministerial Council, Governing Board and committees chaired by the (Office of the) Director-General.
• Ensures that the (Office of the) Director-General has all the relevant files needed for the Ministerial Council and Governing Board Meetings, as well as other high-level meetings, when necessary.
• Coordinates overall department activities with other assistants within other departments.
• Coordinates logistical arrangements of workshops and trainings.

Document management:

• Designs and maintains accurate and effective physical and electronic filing system.
• Performs other duties as required by the (Office of the) Director-General.

Qualifications and Experience

• A Bachelor’s Degree in a relevant field.
• A minimum of 10 years of professional experience in a relevant field.
• Preferably at least three years at a responsible level in a large organization, preferably international in nature.
• Fluent in English and good German proficiency. French, Arabic, 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 on-line database management.
• Excellent verbal and written communication skills.
• Ability to work independently with minimum supervision and guidance.
• Good interpersonal, organizational and time management skills.

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.

Job Title: Senior Counsel - Treasury / Capital Markets

Location: Austria

Job Profile

• The position is responsible for providing legal advice and services to the Financial Operations Department.
• This includes but is not limited to Treasury operations including long and short-term debt issuance, financial derivatives, collateralization, liquid asset investments, 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
Policy development and implementation:

• Assist with the development of procedures and guidelines and ultimately the monitoring of their implementation from a legal perspective.
• Support the Financial Operations Department in relevant legal matters to ensure the implementation of the annual work program.

Legal advice:

• Support and advise the Financial Operations Department in the negotiation, drafting and review of borrowing documentation at both a program and trade level – including for the issuance of both bonds and commercial paper. This will also include the management of due diligence exercises, auditor comfort letters, and compliance with listing rules.
• Assist in the preparation and review of derivatives documentation, including the negotiation of ISDA master agreements, Credit Support Annexes, and other transaction documents as well as the review of individual trade documentation.
• Maintain/review documentation with the issue and paying agents, custodians, external asset managers, etc. to facilitate OPEC Fund’s payments, investment, and risk management operations.
• Provide legal support to the OPEC Fund’s middle office following the issuance of debt and hedging transactions.
• Report on and provide recommendations to the Senior Director and General Counsel and/or Head of GCLSD-IAU on significant developments, emerging opportunities and challenges in the area of financial operations.
• Identify issues of importance on finance matters, including external regulation, which could affect the OPEC Fund’s financial operations.
• Carry out other tasks assigned by the supervisor that is relevant to the Financial Operations Department.

Research and analysis:

• Conduct research, analysis, and studies on a wide range of legal issues and developments, including interpretation of legal instruments, and bring them to the attention of the General Counsel and/or Head of GCLSD-IAU together with recommendations thereon.

Risk management:

• Monitor and signal deviations and developments in the application and drafting of frameworks, contracts, policies, and processes related to the legal/compliance/risks of the Financial Operations Department, and if necessary, recommend corrective measures.

Leadership and direction:

• Participate in the exchange of ideas and knowledge sharing to facilitate the broadening of the skills of the legal team and assist in ensuring skills transfers among Counsels within a formal or informal mentoring or facilitation program.

Stakeholder management and engagement:

• As assigned by the General Counsel and/or Head of GCLSD-IAU, represent the OPEC Fund in any external legal proceedings and liaise with external counsels.
• Work with external stakeholders (the senior representatives of co-lenders/ investment funds, partners, and external counsel as required and authorized officials of partner countries/ institutions) and internal stakeholders (e.g. all OPEC Fund departments/ units on the subject of legal services and advice on an ongoing basis).

Knowledge Management:

• Contribute to the development and maintenance of the knowledge assets of the department and the document management systems and related materials.
• Carry out other tasks assigned by the General Counsel and/or Head of GCLSD-IAU that are related to the job functions.

Qualifications and Experience

• Master’s Degree in Law and admission to the Bar or equivalent.
• A minimum of 12 years of relevant professional experience
• In addition, minimum of 5 years at an externally rated MDB or at an international law firm working with such MDBs

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 an 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.

Application Closing Date
Not Specified.

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

Job Title: Accountant

Location: Austria

Job Profile

• The Accountant is responsible for the bookkeeping of the Fund’s general ledger accounts, all in accordance with the institutional strategy and framework, to ensure all financial transactions are reconciled and posted, in conformity with accepted accounting principles.

Duties and Responsibilities
Accounting:

• Maintains the OPEC Fund’s accounting records and balances of general ledger accounts in accordance with International Accounting Standards and International Financial Reporting Standards (IFRS).
• Supports the internal and external audit processes.
• Identifies major problem issues in all areas of accounting, tax and compensation.

Reporting:

• Ensures uniformity and consistency in recording and reporting transactions.
• Prepares schedules, analysis, summaries and reports in support of the financial reports, as may be requested on an ad-hoc basis
• Reconciles all accounts subject to reconciliation and follow up on all outstanding items within the specialty area assigned.
• Coordinates the reconciliation of general ledger balances for financial reporting purposes, specifically to the assigned area and liaise with other internal counterparties and stakeholders.
• Reviews and updates the accounting systems manual and participate in the implementation of enhancement to existing and/or new IT financial systems.

Monitoring and Review:

• Monitors financial postings and compliance, using as a reference the approved manuals, procedures and guidelines.

Recommendations:

• Formulates solutions and recommendations, and provide central direction and control over complex theoretical and practical accounting, tax and compensation matters not covered by standard practice or precedent.
• Initiates evaluation studies and analysis, and provides Management with recommended solutions.

Stakeholder Management and Engagement:

• Works together with the Senior Accountant and other staff in the Accounting Function as well as with other areas responsible for maintaining financial system sub-ledgers.
• Prioritizes the work to ensure the achievement of reporting objectives in a timely, accurate and efficient manner.
• Carries out other tasks assigned by the Senior Accountant or the Director, Financial Controls that are related to the job function.

Qualifications and Experience

• Master’s Degree or equivalent in Accounting and Control / Business Administration, majoring in Accounting, Financial Management or other relevant fields.
• Recognized accounting certification such as CA or CPA.
• A minimum of five years relevant professional experience with preferably 2-3 years’ experience in an international and/or financial institution.
• Fluency in English. A good working knowledge of French, Arabic, German or Spanish is an advantage.

Competencies:

• Familiar with SAP-FI R3 Enterprise Resource Planning (ERP).
• Demonstrate strong analytical and problem solving skills.
• Great organizational skills with ability to prioritize tasks and manage deadlines.
• Advanced Excel skills.
• Knowledge of financial instruments and the treatment under IFRS 9; understands the process for calculating provisions for impairments in general.
• Team player, with strong interpersonal and communications skills.
• Demonstrate 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

Job Title: Senior Budget Officer

Location: Austria

Job Profile

• The Senior Budget Officer is responsible for planning, negotiating and preparing the Administrative and Capital Expenditure budget, and for maintaining accurate records of utilization, cost center and cost element allocation, all in accordance with the institutional strategy and framework.

Duties and Responsibilities

• Leads the preparation of the Fund’s 3-year rolling Administrative and CapEx Budget, taking into consideration Management’s and Board’s decisions and their short to medium-term financial impact.
• Reviews, analyzes and finalizes the preparation of the departmental annual work plans, working closely with other departments, and taking into account recommendations and decisions of relevant committees.
• Prepares budget proposals, other analytical information and regular reports and submits them for approval to Senior Management, Budget and Strategy Committee and the Governing Board and timely delivery of quality Budget reports and presentations as required.
• Supports budget discussions with Senior Management, with special emphasis on the link between resources, outputs, performance indicators, work programs, business plan and strategy.
• Provides advice on best financial management practices: budgeting standards, costing methodologies, resource projections, variance analysis, cost allocation and performance reporting.
• Continuously monitors budget implementation, cost drivers, financial projections and prepares comparative and variance analysis, supports and executes budget reallocations upon obtaining required approvals in compliance with the Fund’s relevant policies and procedures as well as providing budgetary guidance, consultation and services to departments and cost centers
• Works with Accountanting to enhance budget and financial management systems and processes, to improve the effectiveness and efficiency of delivering the organizational mandate; pays particular attention to financial management and reporting, cost center accounting and activity/output based budgeting requirements and performance indicators;
• Analyzes departmental and cost centers budget submissions, evaluates the soundness of justifications, ensures performance measures are accurately translated into the budget, finalizes budget proposals and prepares quarterly Budget utilization reports.
• Contributes to the strengthening and capacity building of the Fund by developing or improving the Budget governance and management as well as the related organizational processes, procedures and manuals ;
• Supports the Fund and management in defining and implementing projects for system enhancements and introduction of budget related IT applications and platforms;
• Carries out other tasks assigned by the supervisor that are related to the job function.

Qualifications and Experience

• Master's Degree or equivalent in Finance / Business, majoring in Accounting, Financial Control, Business Administration or other immediately relevant fields
• Recognized accounting certification such as the CA or CPA
• A minimum of 10 years relevant professional experience
• Preferably 3-5 years of budget preparation experience within an international financial institution
• Fluent in English
• Good working knowledge of French, Arabic, German or Spanish is a plus

Competencies:

• Capacity for conceptual and strategic analysis and good command of budgetary, operational management and performance monitoring matters
• Competence in the use of ERP Systems (preferably SAP PS&IM module), Business Intelligence (BI) tools (preferably Business Information Warehouse (BIW) and Dashboards), and standard MS office applications (Word, Excel, Access and PowerPoint), and a good knowledge of operational and project management systems
• Knowledge of financial and budgetary principles and practices, budget management and financial administration of resources.
• Proven analytical skills and ability to provide technical advice in budget management to managers.
• Demonstrates professional competence and mastery of subject matter;
• Conscientious and efficient in meeting commitments, observing deadlines and achieving results;
• Shows persistence when faced with difficult problems or challenges and ability to perform and execute assignments and time sensitive activities under stressful situations.
• Operates in compliance with organizational regulations and rules.

Application Closing Date
Not Specified.

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

Job Title: Human Resources (HR) Director

Location: Austria

Job Profile

• The incumbent is responsible for the development, implementation and execution of the OPEC Fund’s Human Resources strategy through defined programs, annual work plans and processes with the aim of contributing towards the institution's strategic objectives.
• The incumbent also ensures that human resources programs and initiatives are effective, efficient, and aligned to overall business objectives, in accordance with the departmental strategy and framework.
• S/he manages three functions namely, Payroll, Compensation and Benefits, Talent Acquisition and HR Business Partnerships, and, HR Policies and Development.

Duties and Responsibilities
Functional Strategy Formation:

• Defines the short, medium and long-term objectives of the HR Unit in line with the organization’s Strategic Plan, and formulates the strategies to achieve these objectives to support the institution in reaching its strategic objectives, including the development of workforce planning strategies that deal with immediate and future human capacity requirements and planning policies.
• The incumbent also participates in the development of the Corporate Services Department strategy.

Guidance and Advice:

• Provides advice to (senior) management on the development of the strategy and plans based on reports and analyses from an HR perspective.

Organizational Structure:

• Updates and recommends changes in the institution’s structure, as needed, to reflect its needs and workload through a workforce planning exercise.

Organizational Capability Building:

• Contributes to the institutional strengthening and capacity building of the OPEC Fund by developing and improving the institution’s management and institutional processes and procedures, and participates in the committees relevant to these matters.

Policies and Procedures Development and Implementation:

• Coordinates and performs the implementation of all strategic human resource related processes, i.e. talent acquisition, onboarding, learning & development, performance management, career management, and employee off-boarding, amongst others.
• Analyzes present and expected future human resources capacity needs, succession planning, and ensures the execution of recruitment and selection of employees for key positions.
• Coordinates the maintenance of policies and procedures concerning the institutional, management and human resource processes, as well as related research and studies.
• Coordinates and performs facilitation and assistance programs to the Heads of Departments/Units/Functions concerning the organizational, management and human resource processes.
• Initiates activities pertaining to employee engagement and work/life programs.
• Performs employee facilitation programs, including personal counseling for job related problems.

Data Analysis and Reporting:

• Maintains up-to-date information on competitive compensation practices and trends worldwide; and the monitoring of cost of living and market conditions, which affect the attainment of the OPEC Fund’s objectives in attracting and retaining high quality employees.
• Ensures that all related HR data is well and continually analyzed; prepares regular and ad-hoc reports, as necessary.

People Management:

• Provides strategic and hands-on leadership to various Professionals across the HR Unit and ensures high staff engagement and performance.
• As a permanent member of the ad-hoc recruitment committee, conducts interviews with job applicants; executes the hiring administration for the selected candidates.
• Leads the HR Unit by inspiring and motivating the team to maintain the highest level of engagement with the institution.
• Carries out other tasks assigned by the Senior Director, Corporate Services Department.

Qualifications and Experience

• A Master's Degree in Business Administration / Human Resource Management or related studies.
• 15 years relevant professional experience (institutional, management and Human Resource processes), with at least 7 years at a senior level.
• Experience from an international development institution is preferable (at least 5 years).
• Fluent in English. A good working knowledge of Arabic, German, Spanish or French is an added advantage.

Competencies:

• Demonstrates strong strategic and planning abilities.
• Well-versed in applying analytical and problem-solving skills to complex situations.
• Excellent communication skills that result in long-term and deep relationships with stakeholders creating trust and forming a positive long-term image/impression.
• Able to work in an international multi-cultural environment, resolving conflicts with sensitivity and respect for diversity.
• Able to ensure that team performance is in line with the vision and mission of the institution.
• Conscientious and efficient in meeting commitments, observing deadlines and achieving results.
• Creates team commitment and drives people’s inspiration.

Application Closing Date
Not Specified.

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

Job Title: Analyst

Location: Austria
Job Typ: Temporary position - one year

Job Profile

• The Strategic Planning Unit provides relevant strategy, planning, economic and other important inputs that guide operational departments in the development of their work plans, and helps senior management decision-making processes that feed into overall strategy development.
• The unit is also responsible for managing and expanding the fund’s partnerships and expanding on its knowledge management initiatives.
• The role will entail providing analytical and research support to the team in the achievement of the unit’s goals.

Duties and Responsibilities

• Support the OPEC Fund’s strategy development, articulation and dissemination.
• Support the process of distilling this strategy into yearly business plans and strategic initiatives.
• Support the development of relevant strategy and policy papers for management's or governing board consideration and approval.
• Contribute to the preparation of briefs, economic reports and presentations to various stakeholders.
• Support partnership and knowledge management initiatives as they relate to the expansion of the Fund’s objectives.
• Provide support in the maintenance and creation of relevant databases as they relate to the unit’s deliverables.
• Support the Director, Strategic Planning in any other assigned tasks and initiatives as required.

Qualifications and Experience

• A minimum of a Bachelor's Degree (or its University equivalent) in Economics, Macroeconomics, Development Economics, Finance, Engineering, Strategic Management or related fields.
• A minimum of 3 years of experience in a development finance or other similar institution.
• Excellent written and verbal communication skills in English. A good working knowledge of Arabic, French, and/or Spanish is an asset.

Competencies:

• Ability to work across teams in a collaborative and respectful manner.
• Keen interest in development finance.
• Highly motivated proactive and driven.
• Strong willingness and capacity to learn.
• Cross culturally sensitive and ability to communicate in a manner consistent with the international nature of the organization.
• Some knowledge of development issues.
• Ability to manage multiple, simultaneous and shifting demands, priorities and tight deadlines with the capability to work within specified time limits.
• Good analytical skills and demonstrated ability to distil raw data into strategically relevant inputs.
• Excellent written communication skills including long form documents and PowerPoint presentations.
• Ability to work efficiently in a well-structured, focused, timely manner.

Application Closing Date
Not Specified.

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

Job Title: Senior Environmental Specialist

Location: Austria

Job Profile

• The OPEC Fund applies its Environmental and Social Policy to all its financing, both public and private, including syndication.
• The Fund aims to ensure that all financing activities are sustainable, inclusive and equitable in adherence to the principles of the Environmental and Social Policy as well as the larger goal of SDGs and Paris Agreement.
• In this pursuit, it is of paramount interest to conduct effective due diligence of the financing activities, identify appropriate environmental and social risks and impacts and address management measures in collaboration with the development partners.
• The Fund intends to align its Environmental and Social Policy application with global standards and in consonance with the policies formulated by other MDBs and DFIs.
• Thus, the job requires an overall understanding of the Environmental and Social Policy work being followed by different Lending agencies, many of which are potential co-financing partners of the Fund. Subsequently, the Fund aspires to undertake intensive project preparation initiatives and prepare the assessment and management tools in an efficient manner.

Duties and Responsibilities
Policy Assurance and Review:

• Conduct periodic review of the ESP with reference to its application in different financing activities
• Review the ESP and identify thematic areas in the environmental domain that requires special guidance for assessment and mitigation management; prepare Guidance notes on such thematic areas
• Work closely with Treasury on ES aspects related to issuance of Bonds and similar such instruments in the market
• Work in close coordination with the Climate Change Specialist to prepare a guideline for Climate risk screening of projects.

Review and Assessment:

• Work closely with Investment Team Leaders in project financing for environmental and social due diligence; identify risks and potential impacts and provide guidance to Clients / Consultants to prepare Environmental and Social Impact Assessments
• Conduct Field Missions, when necessary, both at the preparatory stage and implementation stage, to identify environmental risks, support ES assessments and investigations, prepare TORs for assessments, review the assessment reports and facilitate preparation of mitigation plans
• Work closely with Investment Team Leaders to prepare documentation for project preparation with particular reference to Environmental and Social aspects; interact with Client and co-lenders to develop comprehensive understanding of ES risks associated with financing activities
• Assess ESMS of FI (Financial Intermediaries) and support such Clients to prepare an ESMS when warranted. Review governance structure of FI Clients and assess their ability to conduct assessment, implement management plans and collate monitoring reports of sub projects.
• Review FI portfolio to assess risk levels and identify opportunities for the Fund to attain benefits accruing to SDGs and Paris Agreement.
• Support projects to conduct climate risk screening & interact with Clients to explore opportunities for climate adaptation

Reporting:

• Prepare Case studies on ES Due diligence as Lessons Learnt for projects
• Work in close coordination with the Climate Change Specialist to review and update Climate Action Plan for the OPEC Fund on an annual basis

Information and Business Advice:

• Assist Senior Advisor. Environment and Social for capacity building of internal and external stakeholders

Knowledge Management:

• Undertakes training on ES related thematic issues and participates in international DFI platforms on ES issues

Stakeholder Management and Engagement:

• Represents OPEC Fund at select external industry events and builds relationships with external experts and energy clients;
• Perform other related duties as assigned by Senior Advisor, Environment and Social

Qualifications and Experience

• A Master's Degree in Environmental Sciences, Engineering, Environmental Economics or similar discipline.
• 10 – 12 years of cognate experience acquired in an internationally reputable DFI, MDB or consultancy firms with direct exposure on:
• Environmental assessment and preparation/ implementation of management plan, particularly in transport and/or energy sector
• Environmental safeguard issues pertaining to air, water, soil, noise, etc. and construction related impacts
• Climate Change issues & accounting for adaptation and mitigation

Good to have experience in:

• Experience in working on ES assessments for Financial Intermediaries, preparation of ESMS and portfolio review
• Experience of working in developing countries
• Experience of working in Francophone Africa would be advantageous
• Excellent written and verbal communication skills in English.
• A good working knowledge of Arabic, French, and/or Spanish is an asset.

Competencies:

• Ability to work across teams in a collaborative and respectful manner.
• Strong sense of responsibility and problem solving abilities.
• Cross culturally sensitive and ability to communicate in a manner consistent with the international nature of the organization.
• Technical competency in environmental safeguard, assessment and management of impact is mandatory
• Technical competency in Climate Change risk assessment and accounting climate adaptation and mitigation essential
• Technical competency in working on Financial Intermediaries and Capital Market advantageous
• The candidate will need to have experience on either Climate Change or Capital Market other than being an expert on Environmental safeguard.

Application Closing Date
Not Specified.

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

Job Title: Senior Strategy Specialist

Location: Austria

Job Profile

• The Strategic Planning Unit provides relevant strategy, planning, economic and other important inputs that guide operational departments in the development of their work plans, and helps senior management decision-making processes that feed into overall strategy development.
• The role will entail significant involvement in the development of the Fund’s short and long-term strategies, business plans and other strategic initiatives.

Duties and Responsibilities

• Participate, as a significant part of the core team, in the OPEC Fund’s strategy development, articulation and dissemination.
• Play a lead role in the process of distilling this strategy into yearly business plans and strategic initiatives.
• Develop relevant strategy and policy papers for management's or governing board consideration and approval.
• Liaise with operations teams and provide support to the Director in monitoring progress towards assigned operational targets.
• Ensure that all new policy proposals and strategic initiatives are aligned with the Fund’s planning priorities and long term strategy.
• Provide support to Senior Management, as requested, on policy developments and the Fund’s response to emerging international issues.
• Provide support on external stakeholder engagement requirements, including inputs for periodic rating agency reviews.
• Play a lead role in the preparation of Country or Sector strategies as required.
• Represent the department, as required, in institution wide working groups and task forces.
• Keep track of trends as they relate to the OPEC Fund’s external environment and propose initiatives to enhance competitive positioning.
• Serve as a focal point, as requested, on strategy issues to internal and external stakeholders.
• Support the development of junior staff by providing coaching and mentorship as required.
• Support the Director, Strategic Planning in any other assigned tasks and initiatives as required.

Qualifications and Experience

• A minimum of a Master's Degree (or its University equivalent) in Economics, Macroeconomics or Development Economics, Finance, Engineering, Strategic Management or related fields.
• A minimum of 7 years of experience with at least 5 years in a related role at a development finance institution.
• Excellent written and verbal communication skills in English. A good working knowledge of Arabic, French, and/or Spanish is an asset.

Competencies:

• Ability to work across teams in a collaborative and respectful manner.
• Strong sense of responsibility and problem solving abilities.
• Cross culturally sensitive and ability to communicate in a manner consistent with the international nature of the organization.
• Strong knowledge of development issues.
• Proven exposure to the operations and strategic considerations of multilateral development banks.
• Ability to manage multiple, simultaneous and shifting demands, priorities and tight deadlines with the capability to work within specified time limits.
• Strong analytical skills and demonstrated ability to distil integrate and translate complex issues into crisp and strategically relevant insights.
• Excellent written communication skills including long form documents and PowerPoint presentations.
• Ability to work efficiently in a well-structured, focused, timely manner.
• Experience in dashboard development tools and dashboard development a plus.
• Project management skills with an ability to monitor implementation of projects/programs.

Application Closing Date
Not Specified.

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

Job Title: Senior Counsel - Treasury / Capital Markets

Location: Austria

Job Profile

• The Chief Auditor provides OPEC Fund with an effective system of risk-based, independent and objective internal oversight that is designed to improve the effectiveness and efficiency of OPEC Fund’s operations through the provision of internal audit and consulting services in accordance with OPEC Fund strategy and frameworks for governance, risk and control, in order to protect and enhance the value of OPEC Fund.

Duties and Responsibilities
Functional strategy formation & implementation:

• Formulates the Internal Audit Function’s strategic and operational plans and manages the staff and activities to ensure the achievement of performance goals and the optimal use of resources.
• Prepares an annual risk-based audit workplan.
• Provides oversight services which will assist OPEC Fund in successfully managing its strategic and operational risks.

Audit:

• Ensures that internal audit activities are undertaken in accordance with the International Standards for the Professional Practice of Internal Auditing (IPPF); the Core principles, the Code of Ethics and, the Standards and the Definition of Internal Auditing established by the Institute of Internal Auditors (IIA) and within the OPEC Fund’s regulatory framework.
• Oversees the quality control of Internal Audit deliverables by reviewing and approving audit reports and working papers and ensuring that all audit findings are supported by appropriate evidence.
• Engages in advisory consultations and coordinates with Senior Management on improvements in risk management, governance and internal control systems.
• Completes and supervises assurance and advisory engagements, reviews, special investigations, as required.
• Maintains a recommendation tracking system (AudimexSD) which is used to monitor the implementation of audit recommendations.
• Regularly reviews and when necessary updates Internal Audit Charter and Internal Audit Manual.

Leadership and direction:

• Leads and manages the Internal Audit Function in compliance with the OPEC Fund’s Rules and Regulations and by the Internal Audit Charter.
• Manages human resources assigned to the Internal Audit Function ensuring appropriate learning, training and development is provided, and conduct performance evaluations.
• Manages the financial resources allocated to the Internal Audit Function.
• Maintains a high-performing Internal Audit Function.

Stakeholder management and engagement:
Board relationship:

• Participates in the Governing Board Meetings as well as in Audit and Risk Committee meetings
• Builds and maintains relationships with the OPEC Fund’s Audit and Risk Committee, Director-General and Management.
• Liaises with external audit bodies to strengthen synergies and minimize duplications.

Reporting:

• Leads Internal Audit reporting to Director-General and Audit and Risk Committee.
• Provide monthly dashboard reports to Senior Management and quarterly reports to Audit and Risk Committee.
• Perform other related duties as assigned.

Qualifications and Experience

• Master's Degree in Business Administration, Finance, Controlling, Accounting, Law or other related fields
• Certified Internal Auditor from Institute of Internal Auditors
• A minimum of 20 years of progressively responsible experience, including a minimum of 7 years in managerial role.
• Five years of experience in an international environment, preferably in multilateral financial institutions.
• Other related professional certifications e.g. Certified Fraud Examiner, Certified Information Systems Auditor, Certified Information Security Manager, Chartered Financial Analyst, Certified Public Accountant, Chartered Accountant, ACCA
• Excellent written and verbal communication skills in English. A good working knowledge of Arabic, French, and/or Spanish is an asset.

Competencies:

• 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.

Application Closing Date
Not Specified.

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