Legal Counsel
Vacancy Number: 2281
Department/Unit: Legal Services, Private Sector-Legal
Date of Issuance: July 16, 2025
Deadline of Applications: August 17, 2025
Required Languages: English
Contract Type: Fixed Term Contract
Grade: Professional
Job Category: F
Recruitment Status: International
Contract Duration: Two-year fixed term appointment, with the possibility of renewal.
Job Profile
The Legal Counsel is responsible for providing legal advice and services of a general nature and medium complexity to the OPEC Fundโs stakeholders and conducting a variety of research and analytical work all in accordance with the institutional strategy and framework, to support the achievement of Private Sectorโs long-term goals, strategic targets and annual objectives
Duties and Responsibilities
Policy development and implementation
Supports the Director, Private Sector-Legal in implementing the annual work program relating to the Private Sector non-sovereign operations and ensuring the achievement of its long-term goals, strategic targets and annual objectives.Legal advice
Drafts, reviews, amends and negotiates the substance of agreements in one or more of the following areas: (1) private sector and trade finance loans, including the agreement for the encouragement and protection of investments/framework agreements; and (2) co-financing with other multilateral and bilateral financial institutions.Advice on the execution and legal validity of agreements and arrangements and reviews of external legal opinions or memorandaProvides legal services and advice to the OPEC Fundโs stakeholders on the development of new private sector lending products, including participating in the design of such products and legal matters related to loan operations.Participates in the missions, committee(s) or working groups of the OPEC Fund as directed by the General Counsel or as appointed by the President.Research and analysis
Identifies issues of importance on legal matters in any aspect related to the OPEC Fundโs operations and conducts research, analysis and studies on a wide range of legal issues, including interpretation of legal instruments, and brings them to the attention of the Director, Private Sector-Legal, together with recommendations thereon.Risk management
Monitors and signals deviations in the application of frameworks, contracts, policies and processes related to the legal/compliance/risks of Private Sector non-sovereign operations, and if necessary, takes corrective measures.Leadership and direction
Participates in the exchange of ideas and knowledge sharing to facilitate the broadening of the skills of the legal team.Stakeholder management and engagement
As assigned by the General Counsel, represents the OPEC Fund in any external legal proceedings and liaises with external counsels on non-sovereign operations.Works 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 in respect of non-sovereign operations on an ongoing basis).Knowledge management
Contributes to the development and maintenance of the knowledge assets of the department and the document management systems and related materials.Carries out other tasks assigned by the Director, Private Sector-Legal that are related to the job functions.
Qualifications and Experience
Masterโs degree in law and admission to the Bar or equivalentA minimum of Five years relevant professional experience, of which 2 years should have been at an international development finance institution/international law firm Fluent in English. Good working knowledge of Arabic, French 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.Communication - The ability to relay ideas, information and messages effectively and succinctly to a variety of audiences.Customer Centricity - The ability to focus on comprehending and addressing customer needs; consistently deliver exceptional service and foster strong, lasting customer relationships. Cross-Cultural Sensitivity - The ability to take into account the variety of the human experience and how it contributes to the workplace and to demonstrate respect for diverse cultures and viewpoints.Sense of Responsibility - The ability to demonstrate ownership and accountability in tasks and outcomes; uphold reliability and commitment to fulfilling responsibilities.