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Senior Trust Fund Management Specialist

Islamic Development Bank (IDB)

2 - 3 years Saudi Arabia - Saudi Arabia

Any Nationality

, Posted on May 29, 2018 1 Opening

Job Description

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Role 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 and Activities:
* Provide support in developing department's strategies, policies, procedures and programs to provide necessary humanitarian assistance as and when required within the broad guidelines of the PTF.
* Provide necessary assistance in the preparation of annual administrative budget for programs and activities identified to be financed by each Trust Fund.
* Assess new projects proposals and determine whether such projects are suitable for funding as per trust funds guidelines and IDB's guidelines, vision, mission and objectives.
* Manage the on-going projects to ensure that the work progress is following the agreed plan and the signed contract.
* Follow up with the concerned team internally for timely disbursements of funds.
* Provide necessary guidance on planning, implementation, reporting and closure.
* Assess various contracts, MOU and other legal documents prepared during the project life cycle in coordination with other departments .
* Contribute effectively to the development of the PTF Strategic Framework, medium term Business Strategy and budget, with operational KPIs linked to PTF strategy.
Implement PTF policies and procedures.
* Improve projects portfolio management process, with the aim of minimizing risks to the projects portfolio and compliance with the organization's strategic plan.
* Provide advice and technical expertise on the design and implementation process of trust funds.
* Prepare periodic information notes and briefs on PTF effectiveness in order to create both internal and external awareness of the Trust Funds and their activities.
* Co-ordinate with other departments within IDB in order to build relationships with countries and entities contributing to the PTF Resources to keep them abreast of developments in Trust Funds.
* Follow up on projects performance by travelling to sensitive areas like West Bank and Gaza as and when required.
* Supervise support staff and consultants in the field for timely and effective completion of projects.
* Identify the right tools, techniques, technologies and methodologies required for monitoring a running project.
* Ensure involvement of all necessary stakeholders in the assessment process of new projects.
* Represent IDB at regional and international conferences, seminars, and workshops on development programs.
* Perform detailed analysis of an emergency request and ensure proper coordination with possible partners in emergency situations.
* Prepare detailed proposal memo for handling the emergency request.
* Assess the received proposals from implementation vendors for identifying the right partner for emergency projects.
* Track the progress of emergency operations; review and assess the submitted progress reports
* Provide expertise and guidance to less experienced staff trust funds management techniques.
* Disseminate knowledge and technical information where and when needed
* Prepare and present regular progress reports to keep the PTF seniors fully abreast of the latest developments in the business

Industry Type : Accounting & Auditing
Functional Area : Administration


Business strategy Monitoring Portfolio management Operations Administration Legal documentation Project life cycle Fund management Strategic planning Compliance

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Islamic Development Bank (IDB)

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