Investment Manager, Business Development Unit
Vacancy Number: 2182
Department/Unit: Private Sector Operations / Business Development
Date of Issuance: January 27, 2025
Deadline of Applications: March 1, 2025
Required Languages: English
Contract Type: Fixed Term Contract
Grade: Professional
Job Category: F
Recruitment Status: International
Job Profile
The incumbent plays a pivotal role, in OPEC Fundโs Private Sector Department, in identifying and evaluating investment opportunities in accordance with OPEC Fundโs strategies, policies and procedures. The Investment Manager is responsible for establishing and maintaining relationships with partners and for the origination, project screening, due diligence and presentation of new credit, guarantee and investment approvals for credit committee recommendation and Governing Board approval.
Duties and Responsibilities
Business Development
Establishes and maintains relationships with partners including sponsors, MDBs/DFIs and commercial banksEstablishes and maintains regular contact with existing partners in order to develop pipeline for current and future yearsConducts business development missions to identify and qualify potential partnersStays abreast of country, sectoral, market and business developments/new projectsAssists the Director, Business Development Unit in preparing marketing plans to improve business development capabilities and identify new opportunities for the OPEC Fund to increase the level of business originationTransaction Appraisal
Conducts thorough appraisal/due diligence of new projects under consideration with a focus on financial institutions and/or infrastructure projectsReviews and assesses all aspects of new projects (including financial viability, creditworthiness, development effectiveness, ESG, KYC and other internal requirements)Stakeholder management and engagement
Represents the institution at conferences, meetings, symposia, and other external eventsEnsures proper communication and collaboration with internal stakeholdersCarries out other tasks that are related to the job function, assigned by the Director, Business Development Unit.
Qualifications and Experience
Masterโs degree in Accounting, Finance, Economics or a (closely) related field A minimum of five (5) years relevant professional experience, of which at least two (2) years should have been obtained within the Private Sector division of a major international development finance institution; a banking environment (including commercial or investment banking, fund management or a development bank); a commercial/development environment of relevance to the OPEC Fundโs operations and job profileExperience in investment transactions, with proven success in developing client relationships as well as sourcing, negotiating, structuring and executing investmentsDemonstrated quantitative, qualitative, financial analysis and financial modelling skillsStrong analytical and problem-solving skills as well as sound business judgment to identify opportunities and drive business growthSound financial analytical writing skills with focus on detailHigh initiative and ability to work independently as well as with team members in a collaborative environmentStrong sense of responsibilityStrong interpersonal skills with a high level of integrity and drive for achieving resultsDemonstrable ability to work in an international multi-cultural environment, with sensitivity and respect for diversityFluent 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.Customer Centricity - The ability to focus on comprehending and addressing customer needs; consistently deliver exceptional service and foster strong, lasting customer relationships. 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. Sense of Responsibility - The ability to demonstrate ownership and accountability in tasks and outcomes; uphold reliability and commitment to fulfilling responsibilities.