Department/Unit:
Date of Issuance:
Deadline of Applications:
Required Languages:
Contract Type:
Grade:
Job Category:
Recruitment Status:
Contract Duration:
Private Sector Operations/Portfolio Management
February 4, 2026
March 3, 2026
English
Fixed Term Contract
Management
H2
International /
Local**
Two-year fixed term appointment, with the possibility of renewal.
*Please note that the recruitment modality for professional positions (international or local) will be determined in line with the OPEC Fund's policies and procedures, and based on the candidate's nationality and residency status at the time of appointment.
While all nationalities are eligible for this role, nationals from the Member Countries of the OPEC Fund for International Development are strongly encouraged to apply. The Member Countries are: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, United Arab Emirates, and Venezuela.
Job Profile:
The Director, Portfolio Management (PMU) leads the end‑to‑end management of the Private Sector portfolio from post‑approval through full repayment, ensuring strong financial performance, risk management, and development impact. The role provides strategic leadership to the PMU team, oversees credit monitoring and portfolio analytics, and contributes to credit review processes for new approvals in a timely manner using sound data, systems, and portfolio oversight practices. The Director also manages the Unit's annual work plan and budget and ensures alignment with OPEC Fund policies, standards, and strategic goals.
Duties and Responsibilities:
Strategic Leadership & Team Management
* Provide strategic leadership, direction and management of the PMU team, ensuring delivery in line with Private Sector priorities and OPEC Fund's short, medium and long-term strategic objectives
* Ensure the PMU staff has clear deliverables, is high-performing, well-motivated, innovative, and adequately trained
Portfolio Oversight, Risk Management & Credit Review
* Contribute to the review and approval process for new private sector operations, ensuring robust financial and risk assessments
* Oversee the performance, implementation, and compliance of the Private Sector portfolio to safeguard assets, ensure adherence to financing agreements, and maximize development impact
* Oversee financing document implementation to ensure alignment with the approved Governing Board Paper and Term Sheet
* Review, recommend and approve waiver, amendment and consent (WAC) requests in line with the delegation of authority
* Approve drawdown request
* Approve annual and quarterly credit monitoring reports and associated credit risk ratings
Reporting, Analytics & Development Impact
* Analyze portfolio trends and performance
* Coordinate with Strategy on the development impact of the Private Sector portfolio
* Lead and coordinate intra‑ and interdepartmental lessons‑learned exercises
Cross‑Functional Collaboration & Institutional Engagement
* Assist VP Private Sector in the fulfilment of his/her duties, and hold regular meetings on assigned tasks and deliverables
* Hold regular meetings with Director, Business Development Unit (BDU) and Head, Syndications on inter and intra-departmental issues
* Engage with senior leadership and cross‑functional teams to support strategic decision‑making and address portfolio‑wide issues
* Collaboration with Support and Control Departments throughout the project cycle
* Identify areas for PMU/ Private Sector improvement, provide recommendations to the VP Private Sector and, once cleared, ensure execution
* Prepare, monitor and manage PMU's annual work plan and budget
* As requested by VP Private Sector, contribute to the review of OPEC Fund documents such as manuals, policy, guidelines and strategy papers
* Participate in relevant internal committees, meetings and organizational taskforces as required
* Assist internal and external auditors to perform periodic reviews
External Representation & Stakeholder Relations
* Representing OPEC Fund in project and institutional related high-level events
* Build and maintain strong relationships with Private Sector's partner network, including portfolio management units' leaders across the development financial institutions
Performs any other related tasks as assigned by the Vice President to contribute to the success of the Unit, Department and OPEC Fund.
Qualifications and Experience:
* Master's degree in Accounting, Commerce, Finance, Economics or a (closely) related field
* A minimum of 15 years of relevant professional experience, of which preferably at least 10 years have been obtained within the private sector operations of an international development finance institution, a banking environment (including commercial or investment banking, fund management, or a development finance institution) of relevance to theOPEC Fund's operations, including a minimum of five (5) years at a senior officer level
* Experience in multiple economic sectors
* Preferably five (5) years in an international development finance institution
* Capacity to support and mentor staff and build strong a team
* Fluent in English. Good working knowledge of Arabic, French or Spanish is an added advantage
Competencies:
* Collaboration and Teamwork
* Ability to effectively collaborate with colleagues, stakeholders (internal and external), and partners from diverse backgrounds, cultures, and perspectives to achieve shared goals.
* Effective Communication
* Ability to articulate ideas and information clearly and persuasively across various channels and audiences, integrate communication best practices, and ensure messages are tailored, culturally sensitive, and impactful, promoting active listening and feedback mechanisms.
* Results-Orientation
* Ability to effectively achieve results through proactive ownership, decisive action and strategic planning. ensuring goals are met within specified timeframes and in alignment with OPEC Fund's strategic direction
* Learning Agility and Adaptability
* Ability to swiftly learn, unlearn, and adapt to changing circumstances and emerging challenges, with a commitment to continual growth through embracing new ideas, technologies, updating functional expertise, and facilitating organizational resilience
* Stakeholder and Impact Focus
* Ability to prioritize and address the needs and expectations of diverse stakeholders to achieve sustainable impact through stakeholder mapping, ensuring effective relationship management, transparent and timely communication, and aligning their contributions with OPEC Fund's mission to deliver long-term, positive outcomes
* Accountability
* Ability to take responsibility for one's actions, decisions, and their outcomes, demonstrating integrity and reliability, adhering to established internal controls, setting clear expectations, and maintaining a high standard of ethical behavior.
Leadership Competencies:
* Inclusive Leadership & People Management
* Ability to lead and manage diverse teams effectively, fostering an inclusive culture where every team member feels valued and empowered, cultivating a collaborative environment, driving team performance, and supporting professional development through mentorship and equitable opportunities.
* Cultural Sensitivity
* Ability to lead teams by understanding, respecting, and adapting to cultural differences in a global organization, fostering inclusive communication, collaboration, and relationships while strategically leveraging cultural insights to enhance organizational effectiveness and drive success.
* Strategic Planning and Execution
* Ability to develop and implement effective strategies that align with OPEC Fund's long-term goals, utilizing relevant tools to set clear objectives, allocate resources efficiently, and monitor progress to ensure the successful execution of strategic initiatives, driving organizational growth and sustainability.
* Managerial Accountability and Responsibility
* Ability to take ownership of decisions and actions, ensuring alignment with OPEC Fund's values and objectives, applying relevant principles to establish clear accountability structures, set performance standards, and maintain transparency in reporting and decision-making processes.
* Ethical Decision-Making
* Ability to make decisions that uphold the highest standards of integrity and ethical conduct, adhering to OPEC Fund's code of conduct, and ensuring that choices are principled, transparent, and aligned with the Fund's mission and values, fostering a culture of trust and responsibility.
* Conflict Resolution
* Ability to effectively manage and resolve conflicts to maintain a harmonious and productive work environment, using relevant strategies to identify underlying issues, and facilitating mutually beneficial solutions, ensuring that conflicts are resolved constructively and relationships are strengthened.