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Jobs at Islamic Development Bank, Saudi Arabia

Jobs at Islamic Development Bank, Saudi Arabia

Country: All UN Countries
City: Jeddah
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Jobs at Islamic Development Bank, Jeddah, Saudi Arabia

Position: Portfolio Manager (Economic & Social Infrastructure)

Key duties

The incumbent will perform the following specifications in the Islamic Development Bank in Jeddah

Operational Planning

  • Participate in the preparation of the budget and annual work program.
  • Contribute and participate in the development and implementation of efficient and effective practices, procedures and systems in order to streamline Division’s activities.

Policies, Processes, and Procedures

  • Ensure Portfolio Management unit activities are in compliance with IDB’s policies and procedures.
  • Interact with other divisions and departments to maintain compliance in all aspects.

Business and Partnership Development

  • Maintain relationships with clients, global and regional businesses, banking and multilateral partners, and government officials.
  • Coordinate with development partners and private sector financiers to ensure best practices are followed in PPP Investment.

PPP Portfolio

  • Support the PPP Portfolio management function, and be the focal point for lessons learned, best practices and compliance to guidelines for his/her portfolio;
  • Undertake an effective portfolio follow-up/monitoring of financed projects until repayment of the total amount of Bank’s financing.
  • Contribute to the quality of non-sovereign projects portfolio, including reviewing and clearing disbursement requests, overseeing project implementation and supervising operational performance until full repayment of exposure of IsDB
  • Support portfolio leads to problematic and complex projects.
  • Lead the implementation of the Early Warning System (EWS) to identify problematic projects at an early stage.
  • Also, monitor the overall performance of the assigned portfolio and undertake necessary follow-up actions to minimize risks.
  • In consultation with the Legal Department, review as well as prepare all required and necessary legal documentation for the financing.

Knowledge Sharing & Innovation

  • Maintain in-depth knowledge as of global economy business conditions and Islamic financial industry to contribute/participate in preparing the country and sector strategy.
  • Similarly, maintain and share knowledge of emerging best practices and lessons learned relating to PPP investment portfolio.
  • Furthermore, prepare and disseminate briefing notes and information materials on issues of concern related to PPP operations and portfolio.

Reporting and communication

  • Contribute to the production of sector papers, regional studies, operational reports, etc.

Minimum requirements

  • Master’s degree in Finance, Economics, Business Administration or related field. In addition to that, 3-5 years of relevant experience in project finance, portfolio management, credit review & monitoring, etc.
  • Strong communication skills as well as excellent negotiation capacity.
  • Caliber in Microsoft office and must have problem-solving as well as analytical skills.
  • Fluency in the English language. However, additional knowledge of French and Arabic preferred.



Type of Opportunity General Job
Deadline08 July,2019
CountryAll UN Countries
Company NameIslamic Development Bank



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