OPEC Fund for International Development Recruitment 2026: Senior Risk Policy Officer, Talent Acquisition Specialist, Etc. Jobs

The OPEC Fund for International Development is a multilateral development finance institution established in 1976. Our 12 Member Countries are:  Algeria, Ecuador, Gabon, Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and the Bolivarian Republic of Venezuela.

We are recruiting to fill the position below:

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: Director, Credit & Enterprise Risk

Location: Austria (AT)
Contract type: Fixed Term Contract
Job Grade: Management
Job Ctegory: 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