Senior Trust Fund Management Specialist

Islamic Development Bank

Jeddah, Saudi Arabia

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:
  • Provide support in developing AlAqsa (Palestine Trust Funds) strategies, policies, procedures and programs.
  • Contribute effectively to the development of the PTF Strategic Framework, and operational KPIs linked to PTF strategy.
  • Contribute in the development and implementation of PTF policies, procedures and guidelines.
  • 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:
  • 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.
  • 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, MOUs and other legal documents prepared during the project life cycle in coordination with other departments.
  • Improve projects portfolio management process, with the aim of maximizing value and successful implementation.
  • Provide advice and technical expertise on the design and implementation process of trust funds.
Project Communication and Coordination:
  • Prepare periodic progress reports on projects performance to donors and Aqsa Fund management committee.
  • 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.
  • 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 IsDB at regional and international conferences, seminars, and workshops on development programs.
Emergency Response:
  • 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.
  • Knowledge Sharing & Innovation:
  • 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.
Academic and professional qualifications:
  • Bachelor’s degree preferably in Engineering or any related Field.
  • Minimum 8 years of relevant experience, of which minimum of 4 years in a development sector.
  • Demonstrated experience in managing development and relief programs/operations especially in areas impacted by conflict.
Skills & Necessary Knowledge:
  • Demonstrated knowledge of the economic and social challenges in Palestine.
  • good relationship with different stakeholders in Palestine.
  • Experience and knowledge of project fundraising and partnership with focus on trust funds and developmental endowments.
  • Analytics on performance of funds and reports.
  • Sound knowledge of operations including project cycle and project approval process of multilateral development banks.
  • Ability to work in multi-cultural environment.
  • Ability to present ideas and mobilize support around them.
  • Ability to travel to the Palestinian territories on a frequent basis.
  • Excellent computer skills with expertise on MS Office & SAP.
  • Sound knowledge of banking activities, standards and procedures.
  • Passion for Excellence.
  • Problem Solving.
  • Stakeholder Management.
  • Strategic Planning.
  • Country Portfolio Assessment.
  • Economic Analysis and Assessment Fund Management.
  • Fund Mobilization.
  • Business Process Knowledge.
  • Development Effectiveness.
  • English  Mandatory
  • Arabic  Mandatory
  • French  Preferred