Senior Trust Fund Management Specialist

Jeddah, Saudi Arabia
Apply by 11 August 2018
Senior-level , Full-time staff position
Posted on 12 July 2018

Job Description

Role Purpose:

  • To plan, review, assess, manage and coordinate approved Trust Funds Projects; work closely with donors, beneficiaries and other internal/external stakeholders to successfully implement identified projects; facilitate faster approval and implementation of emergency projects.

Key Accountabilities and Activities:

  • Provide support in developing department’s strategies, policies, procedures and programs to provide necessary humanitarian assistance as and when required within the broad guidelines of the PTF.
  • Provide necessary assistance in the preparation of annual administrative budget for programs and activities identified to be financed by each Trust Fund.
  • Assess new projects proposals and determine whether such projects are suitable for funding as per trust funds guidelines and IDB’s guidelines, vision, mission and objectives.
  • Manage the on-going projects to ensure that the work progress is following the agreed plan and the signed contract.
  • Follow up with the concerned team internally for timely disbursements of funds.
  • Provide necessary guidance on planning, implementation, reporting and closure.
  • Assess various contracts, MOU and other legal documents prepared during the project life cycle in coordination with other departments .
  • Contribute effectively to the development of the PTF Strategic Framework, medium term Business Strategy and budget, with operational KPIs linked to PTF strategy.
    Implement PTF policies and procedures.
  • Improve projects portfolio management process, with the aim of minimizing risks to the projects portfolio and compliance with the organization’s strategic plan.
  • Provide advice and technical expertise on the design and implementation process of trust funds.
  • Prepare periodic information notes and briefs on PTF effectiveness in order to create both internal and external awareness of the Trust Funds and their activities.
  • Co-ordinate with other departments within IDB in order to build relationships with countries and entities contributing to the PTF Resources to keep them abreast of developments in Trust Funds.
  • Follow up on projects performance by travelling to sensitive areas like West Bank and Gaza as and when required.
  • Supervise support staff and consultants in the field for timely and effective completion of projects.
  • Identify the right tools, techniques, technologies and methodologies required for monitoring a running project.
  • Ensure involvement of all necessary stakeholders in the assessment process of new projects.
  • Represent IDB at regional and international conferences, seminars, and workshops on development programs.
  • Perform detailed analysis of an emergency request and ensure proper coordination with possible partners in emergency situations.
  • Prepare detailed proposal memo for handling the emergency request.
  • Assess the received proposals from implementation vendors for identifying the right partner for emergency projects.
  • Track the progress of emergency operations; review and assess the submitted progress reports
  • Provide expertise and guidance to less experienced staff trust funds management techniques.
  • Disseminate knowledge and technical information where and when needed
  • Prepare and present regular progress reports to keep the PTF seniors fully abreast of the latest developments in the business
Educational Qualification:
  • Field of Study : Bachelor degree in Business Administration, Social or Behavioral Sciences or in relevant fields.
  • Bachelor degree with 12 years of working experience, OR
  • Master degree with 9 years of working experience, OR
  • Doctorate with 7 years of working experience.
Necessary Knowledge:
  • Sound knowledge of banking activities, standards and procedures.
  • Excellent coordination and networking skills.
  • Exposure to policy analysis and review.
Languages:
  • English : Required
  • Arabic : Required
  • French : Preferred

About the Organization

Islamic Development Bank (IDB) is a Multilateral Development Bank established in 1973 with the purpose of fostering economic development and social progress of its member countries and Muslim communities in non-member countries in accordance with the principles of Islamic Finance. The IDB remains amongst the most highly-rated MDBs and the highest in the Muslim World. The ‘AAA’ rating enhances the Bank’s financial capacity to fulfil its development mandate and play a leading role in the development of the Islamic Finance Industry.

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