Vacancy Number: 03.07.2020 Reports to: Director, Portfolio Management
JOB PROFILE: This position is responsible for the management of a portfolio of the Private Sector and Trade Finance Department’s loans, equity investments and guarantees in developing countries. The annual workload includes execution and implementation of approved operations and continuous monitoring of the assigned portfolio in line with the related finance documents and the OPEC Fund’s policies and procedures. The job may require frequent travel. The position has no structural supervisory function/s.
DUTIES AND RESPONSIBILITIES 1. Negotiates and closes new transactions with borrowers, shareholders, and co-lenders 2. Manages relationships with existing borrowers and co-financiers in order to monitor project implementation in line with the provisions of signed agreements and approved procedures 3. Processes withdrawal applications 4. Reviews financial covenants, compliance certificates, external project reports, and financial reports of borrowers and prepares credit monitoring reports 5. Reviews and processes waiver, amendment, consent, and rescheduling/restructuring requests 6. Conducts monitoring missions and if required, participates in appraisal/due diligence missions 7. Works closely with related departments throughout the project cycle 8. Participates in departmental working groups and organizational taskforces as required 9. Provides recommendations and suggestions to the Director, Portfolio Management for any improvement of the work efficiency and productivity 10. Stays abreast of country, sectoral, market and product developments 11. Represents the OPEC Fund at external conferences, meetings, symposia, and other external events in connection with project review & monitoring 12. Carries out other tasks assigned by the Director, Portfolio Management.
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