OPEC Fund for International Development Recruitment 2026: Senior Risk Policy Officer, Principal Water Resource Management Specialist, Etc. Jobs

Job Title: Principal Water Resource Management Specialist

Location: Austria
Department / Unit:  Public Sector Operations / Sectors and Themes Unit
Contract Type: Fixed Term Contract
Job Category: Q2
Grade: Professional
Recruitment Status: International / Local
Contract Duration: Two-year fixed term appointment, with the possibility of renewal

Job Profile

• The Principal Water Resource Management Specialist will provide strategic leadership in client dialogue and policy development related to water resources management, watershed restoration, including irrigation and agriculture.
• The incumbent will foster strong partnerships with government agencies and development partners, research institutions, non-government organizations, the private sector, and other sector-related institutions to advance sustainable and climate-resilient water and agriculture solutions.
• The role will be responsible for leading the design and direction of investment operations in the sector and for developing comprehensive policy papers addressing key areas such as water resource management, irrigation, and agriculture.

Duties and Responsibilities
Accountability & Responsibilities

• Lead strategic policy dialogues in Water Resource Management (WRM) and agriculture, articulating institutional mandates for South-South cooperation, climate resilient infrastructure, and investment opportunities across diverse geographies
• Collaborate with Regional Directors to identify and prioritize business opportunities in specific regions and engage in technical discussions to develop project pipelines
• Identify innovative solutions for the development of WRM and agriculture sector operations to support sustainable economic development and poverty reduction in consultation with partner countries, development partners, community members and other stakeholders
• Contribute to the project design and preparation, including feasibility studies, and economic justification in the sectoral context of the country
• Facilitate origination and delivery of WRM/agriculture projects, focusing on technical quality and delivery of development outcomes. This also entails reviewing the technical designs, implementation arrangements, and adequacy of environmental and social safeguards, procurement and fiduciary arrangements of projects in coordination with other team members
• Participate in supervision missions and contribute to key project documentation with technical inputs, including implementation plans, status reports, aide memoires, and completion reports
• Strongly support project implementation and facilitate progress in disbursement
• Originate and implement high impact WRM/ Hydro projects and develop a pipeline of standalone projects for OPEC Fund.

Knowledge Management and Innovations:

• Develop position papers of WRM (irrigation, wetland management, flood control and nature- based solutions) aligning approaches with global principles and organizational mandates
• Support and contribute to various analytical and advisory work and knowledge generation activities related to water agriculture, environment, and rural development
• Have cutting edge sector knowledge and keep abreast of the latest developments in the sector and networking with peers in other MDBs and DFIs
• Contribute to and, where appropriate, co-lead analytical studies or Trust Funds initiatives on WRM and agriculture, focusing on financing, asset management, climate resilience, gender, and  impact evaluation, as well as on general best practices in the investment, management and delivery of infrastructure and services.
• Collaborate in cross-sectoral teams responsible for legal, safeguards, procurement and development effectiveness for improved preparation and implementation of projects.
• Perform other duties as required by the Director, Sectors and Themes Unit relevant to the area of responsibilities.

Qualifications and Experience

• A minimum of Master’s Degree in in Engineering, Natural Sciences, Social Sciences, Economics, Finance, or a (closely) related field
• A minimum of 12 years of direct relevant professional experience
• A demonstrated track record in producing high-quality research papers, analysis and policy briefs for multilateral development institution or other international organizations is considered a strong asset
• Certification in Water Resource Management / Agriculture from a recognized institution or professional association is considered an asset
• Proven practical experience in designing, implementing, and supervising projects in the sector, ideally within the context of international development
• Robust analytical skills with regard to WRM/agriculture sector and development finance
• Strong operational skills in one or more technical areas, such as water resource management,  and agriculture, project financing and operations, climate change financing, public-private partnerships, or infrastructure issues
• Strong organizational skills, as well as the ability to prioritize tasks and ensure timely completion of tasks under pressure
• Proactive application of relevant international best practices to own work
• Demonstrated project management experience, including coordination of multidisciplinary teams and stakeholder engagement
• Fluent in English. Good working knowledge of Arabic, French, Spanish, Russian or Portuguese is an added advantage.

Competencies:

• 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.
• Communication – The ability to relay ideas, information and messages effectively and succinctly to a variety of audiences.
• Customer Centricity  – The ability to focus on comprehending and addressing customer needs; consistently deliver exceptional service and foster strong, lasting customer relationships.
• Problem Solving Ability – The ability to identify issues adeptly, delve into root causes, and devise pragmatic solutions; demonstrate ingenuity and resourcefulness in overcoming challenges.
• Sense of Responsibility – The ability to demonstrate ownership and accountability in tasks and outcomes; uphold reliability and commitment to fulfilling responsibilities.

Application Closing Date
12th August, 2026.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Senior Risk Policy Officer

Location: Austria
Department / Unit:  Risk Management / Market Risk, Operational Risk & Policies
Contract Type: Fixed Term Contract
Job Category: Professional
Grade: G1
Recruitment Status: International / Local
Contract Duration: Two-year fixed term appointment, with the possibility of renewal

Job Profile

• The Senior Risk Policy Officer contributes to the development, enhancement, and maintenance of the OPEC Fund’s enterprise‑wide risk management framework.
• The role supports the formulation of comprehensive risk policies, methodologies and processes that align with institutional objectives and Multilateral Development Bank (MDB) best practices.
• The incumbent ensures the integrity of risk data, models, analytics, and reporting systems, and contributes to the evolution of risk‑related IT capabilities.
• Through these efforts, the Senior Risk Policy Officer strengthens the organization’s ability to identify, assess, and mitigate risks, supports prudent decision‑making, and enhances the resilience of the OPEC Fund in alignment with MDB best practices.

Duties and Responsibilities
Policy development and implementation:

• Is responsible for the development, implementation and maintenance of risk management policies, methodologies, processes, and systems for identification, measurement, mitigation, and reporting of the risks in OPEC Fund’s operations (capital adequacy, credit risk, and provisioning, pricing policies, ALM)
• Produces the data, analysis and reports required for quarterly risk reporting, financial statements, and supports rating agency data submissions in coordination with other staff
• Advises on risk policy and methodology matters to other departments
• Supports the administration of the Risk Management Committee, including coordination and preparation on meeting schedules, agenda, materials, and minutes

Risk management and analysis:

• Implements IT projects and other specialized projects to meet risk management requirements related to market risk, operational risk, and ECL calculations, and contributes to ongoing enhancements of internal risk systems and processes for automation, efficiency, and improved control
• Is responsible for developing and maintaining risk data and analysis for use by key stakeholders, including member countries, bond investors, rating agencies, and regulators

Research and analysis:

• Researches and analyzes various matters related to risk management to ensure alignment of OPEC Fund’s risk policies and methodologies with MDB best practices

Reporting:

• Contributes to the preparation of quarterly and annual risk management report and risk sections of financial statements, and supports the development of monthly risk report
• Supports the preparation for data and analysis required for annual rating agency exercise
• Produces the Expected Credit Loss (ECL) reports
• Performs any other related tasks as assigned by the Director to support the effective delivery of the Unit, Department and OPEC Fund’s mandate.

Qualifications and Experience

• Master’s Degree in Accounting, Finance,  Economics or a (closely) related field
• A minimum of 10 years of relevant professional experience in banking, of which at least five (5) years’ directly relevant experience within an international financial or development institution, with focus on development of risk policies, methodologies, and IT systems
• Sound understanding of MDB risk management framework, including Capital Adequacy, ALM, Pricing Policies, and provisioning policies
• Sound understanding of rating agency methodologies and ability to prepare data submissions to three international credit rating agencies
• Strong analytical skills for risk management portfolio analysis and reporting including loan and treasury portfolio, including the ability to draft long-form reports, strategy documents, and professional presentations
• Strong understanding of risk management IT systems
• Experience in dashboard development and data visualization tools (e.g., Power BI) is an asset
• 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.

Application Closing Date
28th August, 2026.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Investment Analyst, Business Development Unit

Location: Austria
Employment Type: Fixed Term Contract
Department / Unit: Private Sector Operations / Business Development
Contract Type: Fixed Term Contract
Job Category: Para Professional
Grade: E
Recruitment Status: International / Local
Contract Duration: Two-year fixed term appointment, with the possibility of renewal

Job Profile

• The incumbent supports (Senior) Investment Managers primarily in the process of building pipelines of projects, new project screening and analysis as well as maintaining high standards of client service.
• In line with these responsibilities, the Investment Analyst will review and/ or develop financial models, carry out financial analysis and sensitivities of projects, and assist in the preparation of credit, guarantee and investment proposals for credit committee and Governing Board approval, in accordance with processes and procedures, in order to enable decision making based on reliable, valid, timely and complete information.

Duties and Responsibilities
Data collection & financial analysis:

• Undertakes rigorous analysis of clients’ historical financial statements and runs sensitivities
• Assists in developing financial models based on client/project information, reviews and audits client financial models applying sound knowledge of client’s business and the principles of finance
• Conducts country, industry and market research
• Participates, where required, in the appraisal/due diligence of new projects under consideration including joining (Senior) Investment Managers on due diligence missions
• Participates in investments structuring and negotiations alongside (Senior) Investment Managers

Operational Support:

• Supports (Senior) Investment Managers in preparing project approval documentation for internal approval processes
• Engages with internal stakeholders and clients on data inquiries, document scrutiny, and financial statement evaluations
• Supports business development effort alongside (Senior) Investment Managers/Director
• Supports the planning and organisation of business development missions and may join (Senior) Investment Managers in these missions
• Supports Director Business Development Unit on internal reporting requirement

Documentation and back up:

• Assists (Senior) Investment Managers in the Management Information System and ensures data integrity
• Maintains database of pipeline projects by geography, business segment and for main strategic partners (DFIs, Commercial Banks and project sponsors)
• Carries out other tasks that are related to the job function, assigned by the Director Business Development Unit.

Qualifications and Experience

• Bachelor’s Degree in Business Administration, Economics, Commerce, Finance or a (closely) related field
• A minimum of three (3) years of relevant professional experience in the private sector division or unit of an international development finance organisation, a banking institution (including commercial or investment banking), or a major consulting or accounting firm
• Demonstrably strong experience in financial analysis is required within an international development finance institution, banking institution or consulting company.
• Exposure to financial institutions, manufacturing and infrastructure projects will be added advantage.
• Strong quantitative/numerical skills with experience interpreting financial information and developing and analyzing financial models
• Robust analytical skills with regard to financial institution performance and activities
• Sound analytical and conceptual skills encompassing finance and the associated areas of financial investment, project finance, corporate finance and economics
• Fluent in English. Good working knowledge of Arabic, French, German 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.

Application Closing Date
6th August, 2026.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Director, Asia and the Pacific

Location: Austria (AT)
Contract type: Fixed Term Contract
Job Grade: Management
Job Category: H2
Department / Unit: Public Sector Operations / Asia & the Pacific
Contract duration: Two-year fixed term appointment, with the possibility of renewal.

Job Profile

• The Regional Director leads, establishes and cascades regional goals, key results and targets in line with the business plan, and the organizational strategic framework, ensuring compliance with OPEC Fund policies.
• The role provides strategic leadership in developing regional best practices, policies, and strategies, and assumes accountability for the regional work program and associated budget within approved parameters, ensuring the achievements of the departmental objectives and targets.
• Moreover, the Regional Director leads strategic coordination and ensures effective cross-functional collaboration with other regions, departments, and internal stakeholders to achieve regional objectives, as well as governments and development partners, and delivers high-level strategic solutions to complex operational challenges in support of the implementation of the OPEC Fund strategy.

Duties and Responsibilities
Policy development and implementation:

• Lead, establish and cascade the regional goals, key results and targets in line with the Business Plan, and Strategic Framework, in compliance with the OPEC Fund Policies
• Lead the development of an annual strategic regional business plan for benchmarking the region’s targets, and supporting the achievement of the departmental KPIs
• Lead the planning, implementation and supervision of the regional work plans, and monitors the quality of outputs, their compliance with OPEC Fund policies, and ensuring the achievement of the annual objectives of the region
• Develop policy and strategy documents to ensure the realization and implementation of the Strategic Framework as well as support institutional matters
• Lead consultations with high-level government authorities to review ongoing cooperation and operations portfolio and to negotiate a multi-year Country Partnership Strategy (CPS), enabling countries to include the OPEC Fund in their operational financing plans at the early stages of project design and formulation
• Lead and assume accountability for the regional annual work program and budget management within approved parameters
• Perform any other tasks assigned by Vice President, Public Sector Operations (VP PSO)

Operations Management:

• Oversee and ensure the strategic development of a robust project pipeline of quality projects for the region, aligned with institutional priorities
• Lead in providing advice and recommendations to the team, to ensure achieving successful outputs throughout the internal approval process. This includes project identification, preparation, concept and terms clearance, due diligence and appraisal, including interface with technical and loan committee, as well as the Governing Board
• Lead in providing support in project appraisal, including technical, economic, development effectiveness E&S safeguards, procurement and financial management aspects as well as project’s institutional arrangement
• Ensure effective program implementation, providing inputs to the Portfolio Management team as and when necessary
• Lead the effective day-to-day relationship management and business development activities and provides guidance on operational issues, significant developments, emerging opportunities, and challenges; to ensure successful delivery of the Regional workplan
• Lead and facilitate effective coordination and cooperation with other regions, OPEC Fund departments and internal stakeholders
• Lead regular assessments, to develop practical and innovative business solutions, especially for fragile and conflict countries, as well as those in arrears; and aligns the developed strategies in coordination with partners and other donors.
• Lead in streamlining documentation requirements for all types of project proposals during both the concept review and project summary review.
• Provides leadership in professional and operational matters, taking the initiative in contributing new and best practices approaches to enhance efficiency and support product development and innovation.

Capacity Building, Knowledge Sharing and Supervision:

• Form and lead multidisciplinary teams comprised of the regional team, other OPEC Fund staff members as well as from other DFIs or external consultants (as needed) to ensure the overall quality
• Provide effective leadership to the staff by giving clear direction and guidance on operational issues and OPEC Fund policies, supervising and monitoring performance, and promoting their engagement and professional development. Contributes to institution building and maintains and shares knowledge through active participation in task force groups and other meetings
• Lead activities for advocacy, dissemination, and knowledge building relating to the strategic framework and the organization’s policies
• Lead in providing inputs and recommendations on how to streamline processes and improve the Management Information System (MIS/ SAP/ EDMS)

Partners and Relationships Management:

• Provide support for relationship management and coordination with other Regions, Departments, Senior Management, and the Governing Board.
• Represent the OPEC Fund in high-level governmental and institutional engagements to foster strategic partnerships and advance the Fund’s development mandate
• Provide support for relationship management, consultation and coordination with governments and development partners, providing high level problem solving in support of the implementation of the OPEC Fund strategy

Team Leadership:

• Lead, mentor, and develop the team, fostering a culture of excellence and collaboration
• Oversee talent development, performance management, capacity building and succession planning, ensuring alignment with organizational objectives

Innovation and Digitalization:

• Drive process improvements and support the digitization of workflows, monitoring, and risk management systems to ensure the Fund remains at the forefront of innovation
• Performs any other related tasks as assigned by the Vice President to contribute to the success of the Unit.

Qualifications and Experience

• Master’s Degree in Economics, Finance and Banking, Business Administration, Engineering or a (closely) related field
• A minimum of 15 years of relevant professional experience, including a minimum of (five) 5 years at a senior level, preferably gained in a major international development finance institution or commercial/investment bank
• Demonstrated ability in engaging senior government officials and development partners to secure agreements
• Expertise in managing projects from identification through implementation and evaluation
• Ability to identify and mitigate operational and financial risks in regional portfolios
• Proficiency in interpreting financial statements, budgeting, and resource allocation
• 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.

Application Closing Date
5th August, 2026.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note

• This is a re-opening of the vacancy. Candidates who already applied do not need to re-submit their application.
• 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 Title: Director, Credit & Enterprise Risk

Location: Austria (AT)
Contract type: Fixed Term Contract
Job Grade: Management
Job Category: H2
Department/Unit: Risk Management Department

Job Profile

• The Director, Credit & Enterprise Risk is a senior leadership role within the Risk Management Department, responsible for leading credit risk oversight across sovereign and non-sovereign operations at both transaction and portfolio levels, while supporting broader enterprise risk integration, portfolio resilience, and institutional risk management initiatives.
• The role provides strategic and technical leadership on credit risk assessment, internal risk ratings, portfolio quality, sovereign risk analysis, country and sector exposures, pricing, restructurings, expected credit loss assessment, and credit risk governance.
• The position supports the Chief Risk Officer in maintaining robust and forward-looking credit risk management practices aligned with best MDB practices.
• The role also contributes to broader institutional priorities, including capital adequacy, portfolio resilience, rating agency engagement, and risk governance.

Duties and Responsibilities
Credit Risk Leadership:

• Lead credit risk oversight across sovereign and non-sovereign operations, covering both new transactions and existing portfolio exposures.
• Oversee independent credit assessments, internal risk ratings, pricing reviews, and risk recommendations.
• Review and provide independent risk clearance and recommendations for all new transactions, as well as material portfolio actions, including restructurings, waivers, and impaired asset strategies
• Ensure robust analysis of sovereign risk, country limits, sector exposures, concentration risks, and portfolio vulnerabilities.
• Lead the administration of the Credit Committee, ensuring integrity, governance, and efficient, well-documented decision-making.
• Provide independent challenge on transactions, portfolio actions, and risk-taking proposals.
• Design, validate, and maintain internal credit rating models and methodologies for sovereign, project finance, financial institution, and corporate counterparties.
• Ensure credit risk frameworks incorporate environmental, social, and governance (ESG) considerations and climate risk dimensions consistent with MDB best practices

Portfolio Monitoring, Expected Credit Loss & Risk Metrics:

• Oversee portfolio monitoring, including watchlist exposures, waivers, restructurings, impaired assets, and recovery actions.
• Oversee expected credit loss (ECL) assessments, ensuring robustness, consistency, and alignment with applicable accounting standards (IFRS 9) and institutional policies.
• Recommend timely mitigating actions where portfolio risk indicators approach approved thresholds.
• Support stress testing, scenario analysis, and credit loss analytics to assess portfolio resilience.
• Lead the development and implementation of an early warning system (EWS) and watch-list process for deteriorating credits.
• Support integrated portfolio and enterprise risk assessment across key risk drivers and emerging institutional risks.
• Contribute to institutional risk dashboards, risk aggregation frameworks, and enterprise risk reporting initiatives.

Credit Risk Policies, Guidelines & Methodologies:

• Lead the development, enhancement, and implementation of credit risk policies, guidelines, methodologies, and analytical frameworks.
• Ensure alignment of credit risk frameworks with institutional strategy, risk appetite, stakeholder expectations, and best MDB practices.
• Periodically review and enhance internal risk rating methodologies, ECL frameworks, portfolio monitoring tools, and concentration risk approaches.
• Support consistent application of credit risk policies and methodologies across sovereign and non-sovereign operations.
• Monitor evolving MDB, accounting, and rating agency practices relevant to credit risk management.
• Lead the development and implementation of credit risk appetite, tolerance levels, and risk limits in coordination with key stakeholders.

Capital Adequacy & Balance Sheet Risk:

• Contribute to capital adequacy analysis, portfolio resilience assessments, and balance sheet optimisation initiatives.
• Assess the implications of lending growth, portfolio composition, and risk migration on capital adequacy and risk appetite metrics.
• Support analytical work related to concentration risk management, portfolio quality trends, and risk-adjusted returns.
• Lead portfolio optimization and diversification initiatives consistent with institutional strategy and risk appetite.

Rating Agency & External Risk Engagement:

• Support engagement with international credit rating agencies on credit risk, portfolio quality, provisioning, and credit  risk governance matters.
• Contribute to analytical preparation for annual rating reviews.
• Liaise with external auditors on credit risk-related audit matters, including internal rating methodology, ECL assessment, and exposure classifications.
• Maintain awareness of evolving MDB and rating agency methodologies.
• Build constructive relationships with peer MDBs and external stakeholders on credit risk topics.

 Risk Governance, Reporting & Institutional Support:

• Support the CRO in maintaining robust second-line risk governance practices.
• Contribute to risk-related submissions to Senior  Management and Governing Board committees.
• Oversee preparation of credit risk and portfolio risk reports, ensuring high quality, timeliness, and actionable insight.
• Promote consistency, transparency, and discipline in credit risk decision-making.
• Support coordination across risk domains to promote a consistent enterprise-wide view of institutional risks.
• Support development of risk culture and technical capability within the Risk Management Department.
• Oversee the implementation and ongoing enhancement of credit risk management systems (e.g., credit rating platforms, loan management systems, risk aggregation tools).
•  Carries out other tasks assigned by the Senior Director, Chief Risk Officer

Qualifications and Experience

• Master’s Degree in Business Administration, Economics, Risk Management, or a related field from a recognized institution.
•  CFA, FRM, PRM, or equivalent professional qualification is desirable
• Minimum of 15 years of relevant credit risk experience, including sovereign and/or non-sovereign financing with leading multilateral development banks or global financial institutions
• Minimum 5 years of experience in a AAA-rated multilateral development bank in relevant risk management roles
• Preferably, at least five years of experience with global or regional banks, fund managers, or multilateral/ bilateral development financial institutions
• Fluent in English. Good working knowledge of Arabic, French or Spanish is an added advantage.

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.

Application Closing Date
21st August, 2026.

How to Apply
Interested and qualified candidates should:
Click here to apply online