Investment Manager, Portfolio Management Unit
Vacancy Number: 2183
Department/Unit: Private Sector Operations / Portfolio Management
Date of Issuance: January 27, 2025
Deadline of Applications: March 1, 2025
Required Languages: English
Contract Type: Fixed Term Contract
Grade: Professional
Job Category: F
Recruitment Status: International
Job Profile
This position is responsible for managing a portfolio of the Private Sector Departmentโs loans (mainly in infrastructure and financial institution sectors), including loan negotiation, implementation of approved operations and continuous monitoring of the assigned portfolio, all in accordance with related finance documents, the departmental strategy and framework and the OPEC Fundโs policies and procedures, in order to contribute to a compliant and optimal project portfolio.
Duties and Responsibilities
Review & analysis and reporting
Reviews and negotiates legal documentationReviews actual and projected annual disbursementSupervises processing disbursement requests, review of withdrawal applications, verification of compliance with disbursement conditions/loan covenants, and follow up on submission of required documents and review of their completeness/validityReviews financial covenants, financial model, compliance certificates, external project reports, and other financial reports of borrowersPrepares and reviews credit risk rating and monitoring reports (quarterly or annually)Reviews and processes waiver, amendment, consent, and rescheduling/restructuring requestsConducts monitoring missions and if required, participates in appraisal/due diligence missionsStays abreast of country, sectoral, market and product developments Provides recommendations and suggestions to the Director, Portfolio Management for any improvement of the work efficiency and productivityStakeholder management and engagement
Negotiates and closes new transactions with borrowers, shareholders, and co-lendersExternal stakeholder management, which are mainly borrowers, co-financiers, and external advisors in order to monitor project implementation in line with the provisions of signed agreements and approved proceduresInternal stakeholder management, mainly with Risk Management Department, Legal Department, Loan Management, Development Effectiveness, and ESGParticipates in departmental working groups and organizational taskforces as requiredRepresents the OPEC Fund at external conferences, meetings, symposia, and other external events in connection with project review and monitoringCarries out other tasks that are related to the job function, assigned by the Director Portfolio Management.
Qualifications and Experience:
Masterโs degree in Accounting, Finance, Commerce, Economics or a (closely) related field A minimum of five (5) years relevant professional experience, of which 3 years should have been obtained within the Private Sector department of a major international development finance institution and/or within a banking environment (including commercial or investment banking, or fund management)Experience in managing a portfolio of financial institutions and or project and corporate finance transactionsSound negotiation skills, including negotiating loan documentationDemonstrated quantitative, qualitative, financial analysis and financial modelling skillsStrong analytical and problem-solving skills as well as sound business judgment to identify issues and present creative and practical solutionsSound financial analytical writing skills with focus on detailHigh initiative and ability to work independently as well as with team members in a collaborative environmentStrong sense of responsibilityStrong interpersonal skills with a high level of integrity and drive for achieving resultsDemonstrable ability to work in an international multi-cultural environment, with sensitivity and respect for diversityFluent in English. Good working knowledge of Arabic, German or Spanish is an added advantageCompetencies
Subject Matter Knowledge - The in-depth understanding and expertise in specific fields relevant to the OPEC Fund's operations and the individual's role.Collaboration and Teamwork - The ability to effectively work with colleagues, stakeholders and partners to achieve shared goals.Customer Centricity - The ability to focus on comprehending and addressing customer needs; consistently deliver exceptional service and foster strong, lasting customer relationships. Effective Planning and Follow Up - The ability to set clear goals and priorities; skillfully organize tasks for efficiency; consistently follow through on commitments and plans. Sense of Responsibility - The ability to demonstrate ownership and accountability in tasks and outcomes; uphold reliability and commitment to fulfilling responsibilities.