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OPEC Fund for International Development Jobs Recruitment 2022 Jobs in Europe

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OPEC Fund for International Development Jobs Recruitment 2022 Jobs in Europe
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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:

OPEC Fund for International Development Jobs Recruitment 2022 Jobs in Europe

Job Title: Senior Budget Officer
Location: Austria
VIEW DETAILS AND APPLY HERE

Job Title: Human Resources (HR) Director
Location: Austria

CLICK HERE TO APPLY FOR TOP JOBS OF THE WEEK

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:
APPLY HERE

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:
APPLY HERE

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:
APPLY HERE

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:
APPLY HERE

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:
APPLY HERE

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:
APPLY HERE





Requirements for Jobs in Europe via OPEC Fund for International Development Vacancies:

PREVIOUS OPENINGS:

Job Title: Business Applications Specialist
Location: Austria
VIEW DETAILS AND APPLY HERE

Job Title: Loan Management Officer
Location: Austria
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Job Title: Talent Acquisition Specialist
Location: Austria
VIEW DETAILS AND APPLY HERE

Job Title: Financial Analytics Officer
Location: Austria
VIEW DETAILS AND APPLY HERE

Job Title: Chief Auditor
Location: Austria
VIEW DETAILS AND APPLY HERE

Job Title: Senior Counsel – Treasury / Capital Markets
Location: Austria
VIEW DETAILS AND APPLY HERE

Job Title: Climate Change Specialist
Location: Austria
VIEW DETAILS AND APPLY HERE

Job Title: Head, HR Policies & Development
Location: Austria
VIEW DETAILS AND APPLY HERE

Job Title: Head of Protocol
Location: Austria
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Job Title: Business Applications Specialist
Location: Austria
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Job Title: Senior Credit Risk Officer
Location: Austria (AT)
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Job Title: Senior Portfolio Management Officer
Location: Austria (AT)
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Job Title: Loan Management Officer
Location: Austria
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Job Title: Administrative Assistant
Location: Austria
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Job Title: Executive Assistant
Location: Austria
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Job Title: Development Effectiveness Officer
Location: Austria
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Job Title: HR Business Partner
Location: Austria (AT)
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Job Title: HR Policies Specialist
Location: Austria
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Job Title: Syndication Officer
Location: Austria (AT)
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OPEC Europe Vacancies:

APPLY HERE for OPEC Fund for International Development Recruitment 2022 Jobs in Europe

Follow then link below your desired position to view full job details, requirements and OPEC Europe Jobs application portal.

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