Portfolio Management Officer

Job Description

Job Profile:

The Portfolio Management Officer supports the management of OPEC Fund’s fixed income Liquidity Portfolios to ensure capital preservation, liquidity, and sustainable returns in line with the Fund’s approved policies and objectives.

Duties and Responsibilities:

Portfolio management

• Formulates and presents investment recommendations in fixed income securities, derivatives, foreign exchange and money market instruments in line with approved policies and guidelines, contributing to the efficient management of the Liquidity Portfolio (LIQP)
• Executes dealing operations for internally managed Treasury portfolios as well as hedges related to OPEC Fund’s loan portfolio and balance sheet
• Supports OPEC Fund’s ECP issuance and repo activities for short-term liquidity management
• Maintains and develops relationships with portfolio management and related business partners including but not limited to deposit counterparties, brokers/dealers and derivative/Forex counterparties
• Supports the implementation and enhancement of Treasury portfolio management infrastructure

Data collection and analysis

• Performs market research, financial and economic analysis, and prepares reports as required

Monitor and Reporting

• Tracks and manages OPEC Fund’s cash flow status, cash position and overall liquidity position
• Ensures compliance with relevant risk limits, including but not limited to single counterparty, sector, and foreign exchange (Forex) limits, etc.
• Performs ongoing evaluation of treasury counterparties’ credit standing
• Conducts ongoing monitoring and performance assessment of banking and broking counterparties
• Coordinates front office activities with the Financial Management Function of Treasury which performs reporting
• Monitors and analyzes External Portfolio Managers’ investment strategies and performance, including risk and performance attribution reporting

Policy development and implementation

• Contributes to the formulation/development of portfolio management related guidelines and policies for internal and external managed portfolios

Carries out other tasks assigned by the Head of Portfolio Management, or Treasurer, that are related to the job function.

Qualifications and Experience:

• Master’s degree in Business Administration, Finance, Business, Economics and Banking or a closely related field
• A minimum of five (5) years of direct relevant professional experience, of which two to three (2-3) years should have been in an international financial institution
• Strong familiarity with portfolio management theory and practice is required
• Strong analytical skills with extensive experience interpreting financial data
• Demonstrated expertise in trading and hedging
• Proficiency in Bloomberg Terminal and MS Office suite, including Word, Excel and PowerPoint
• Database related programming skills (SQL, JAVA, Python, Power BI and etc.) are an added advantage
• Proficiency in data management and analysis tools is required
• Strong analytical and reporting skills are essential
• Familiarity with MDB investment guidelines, strategies, and reporting requirements is an added advantage
• Fluent in English. Good working knowledge of Arabic, French, German or Spanish is an added advantage.

Competencies:

• Ability to Work Under Pressure - The capacity to remain composed, focused and productive when facing tight deadlines, high-stakes situations and demanding workloads.
• 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.
• 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.
• 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.

About the Organization

The OPEC Fund is a multilateral development finance institution committed to eradicating poverty and improving lives. Since 1976, we have financed essential projects around the world - advancing food security, energy access, education, healthcare and more.

By joining us, you’ll be at the forefront of transformative change and growth - from financing clean water projects in Africa to advancing renewable energy in Asia. As we are a mid-sized organization, your contributions are visible and meaningful.

Mission: At the OPEC Fund, your career contributes to a greater purpose. As a globally connected, mission-driven organization, we offer a dynamic, multicultural workplace in the heart of Vienna - where your contributions make a real, lasting impact.

Discover what sets us apart: our mission, our culture and the unique opportunities we offer.

Further information about the OPEC Fund can be obtained from its web site: https://opecfund.org/career-opportunities/overview