| JOB NAME |
Senior Trust Fund Management Specialist [Saudi Arabia – Jeddah]
POSTED BY: Islamic Development Bank
REF:ISDB 2055
Date Published:Thursday, December 5, 2024
Date of Expiration:Tuesday, June 3, 2025
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| LOCATION OF THIS JOB |
 Saudi Arabia | JEDDAH in Saudi Arabia |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
Job ID IDB3346
Business Unit Operations Complex
Division Al-Aqsa & Palestine Funds
Department Special & Trust Funds
Country Saudi Arabia
Location Saudi Arabia - Jeddah
Job Grade E3
Closing Date 02-Jan-2025
JOB 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
Strategic & Operational Planning:
1. Provide support in developing Al-Aqsa (Palestine Trust Funds) strategies, policies, procedures and programs.
2. Contribute effectively to the development of the PTF Strategic Framework, and operational KPIs linked to PTF strategy.
3. Contribute in the development and implementation of PTF policies, procedures and guidelines.
4. Provide necessary assistance in the preparation of annual administrative budget for programs and activities identified to be financed by each Trust Fund.
Project Management and Implementation:
1. Assess new projects proposals and determine whether such projects are suitable for funding as per trust funds guidelines, Aqsa Fund and IsDB’s guidelines, vision, mission and objectives.
2. Manage the on-going projects to ensure that the work progress is following the agreed plan and the signed contract.
3. Follow up with the concerned team internally for timely disbursements of funds.
4. Provide necessary guidance on planning, implementation, reporting and closure.
5. Assess various contracts, MOUs and other legal documents prepared during the project life cycle in coordination with other departments.
6. Improve projects portfolio management process, with the aim of maximizing value and successful implementation.
7. Provide advice and technical expertise on the design and implementation process of trust funds.
Project Communication and Coordination:
1. Prepare periodic progress reports on projects performance to donors and Aqsa Fund management committee.
2. Follow up on projects performance by travelling to sensitive areas like West Bank and Gaza as and when required. And conducting Virtual Field visits when not possible to travel.
3. Supervise support staff and consultants in the field for timely and effective completion of projects.
4. Identify the right tools, techniques, technologies and methodologies required for monitoring a running project.
5. Ensure involvement of all necessary stakeholders in the assessment process of new projects.
6. Represent IsDB at regional and international conferences, seminars, and workshops on development programs.
Emergency Response:
1. Perform detailed analysis of an emergency request and ensure proper coordination with possible partners in emergency situations.
2. Prepare detailed proposal memo for handling the emergency request.
3. Assess the received proposals from implementation vendors for identifying the right partner for emergency projects.
4. Track the progress of emergency operations, review and assess the submitted progress reports.
Knowledge Sharing & Innovation:
1. Provide expertise and guidance to less experienced staff trust funds management techniques.
2. Disseminate knowledge and technical information where and when needed.
3. Prepare and present regular progress reports to keep the PTF seniors fully abreast of the latest developments in the business.
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| REQUIREMENTS FOR THIS JOB |
ACADEMIC AND PROFESSIONAL QUALIFICATIONS
1. Bachelor’s degree in Engineering. (Preferably Civil, Architecture, Industrial).
2. Minimum 8 years of relevant experience, of which minimum of 4 years in a development sector.
3. Demonstrated experience in managing development and relief programs/operations especially in areas impacted by conflict.
Skills & Necessary Knowledge
1. Demonstrated knowledge of the economic and social challenges in Palestine.
2. good relationship with different stakeholders in Palestine.
3. Experience and knowledge of project fundraising and partnership with focus on trust funds and developmental endowments.
4. Analytics on performance of funds and reports.
5. Sound knowledge of operations including project cycle and project approval process of multilateral development banks.
6. Ability to work in multi-cultural environment.
7. Ability to present ideas and mobilize support around them.
8. Ability to travel to the Palestinian territories on a frequent basis.
9. Excellent computer skills with expertise on MS Office & SAP.
10. Sound knowledge of banking activities, standards and procedures.
11. Passion for Excellence.
12. Problem Solving.
13. Stakeholder Management.
14. Strategic Planning.
15. Country Portfolio Assessment.
16. Economic Analysis and Assessment Fund Management.
17. Fund Mobilization.
18. Business Process Knowledge.
19. Development Effectiveness.
Languages
1. English - Mandatory
2. Arabic - Mandatory
3. French - Preferred
ABOUT APPLICATION PROCESS
If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):
1. Resume/CV
2. Academic certificate
3. Copy of passport
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English 
FRENCH
