IDB2323 - Portfolio Manager
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Business UnitOperations Complex
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DivisionPublic Private Partnership
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DepartmentEconomic & Social Infrastructure
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CountrySaudi Arabia
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LocationSaudi Arabia - Jeddah
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Job Grade7
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Closing Date08-Aug-2019
Role Purpose
To manage and oversee the implementation and operating performance of the PPP projects under his/her portfolio. To deliver quality monitoring and supervise assets under the portfolio as well as to identify the risk for his/her portfolio. Good understanding of legal documentation required to support Project Finance transactions, both for IsDB as an individual lender as well as part of a consortium of lenders.
To write reports, as deemed necessary, on individual projects / portfolio for reporting purposes. Responsible for PPP portfolio assigned to him / her, jobholder shares his knowledge and experience with the Investment and Advisory teams to help support and strengthen their understanding of the challenges within PPP projects.
Key Activities
Operational Planning
- Participate in preparation of the budget and annual work program
- Contribute and participate to the development and implementation of efficient and effective practices, procedures and systems in order to streamline Division’s activities
Policies, Processes and Procedures
- Ensure Portfolio Management unit activities are in compliance with IDB’s policies and procedures
- Interact with other divisions and departments to maintain compliance in all aspects
Business and Partnership Development
- Maintain relationships with clients, global and regional businesses, banking and multilateral partners, and government officials
- Coordinate with development partners and private sector financiers to ensure best practices are followed in PPP Investment
PPP Portfolio
- Support the PPP Portfolio management function, and be the focal point for lessons learnt, best practices and compliance to guidelines for his/her portfolio;
- Undertake an effective portfolio follow-up / monitoring of financed projects till repayment of total amount of Bank’s financing.
- Contribute to the quality of non-sovereign projects portfolio, including reviewing and clearing disbursement requests, overseeing project implementation and supervising operational performance until full repayment of exposure of IsDB
- Support portfolio lead on problematic and complex projects.
- Lead the implementation of Early Warning System (EWS) to identify problematic projects at early stage.
- Monitor overall performance of the assigned portfolio and undertake necessary follow-up actions to minimize risks.
- In consultation with the Legal Department, review and prepare all required and necessary legal documentation for the financing
Knowledge Sharing & Innovation
- Maintain in depth knowledge as of global economy business conditions and Islamic financial industry to contribute / participate in preparing country and sector strategy.
- Maintain and share knowledge of emerging best practices and lessons learnt relating to PPP investment portfolio
- Prepare and disseminate briefing notes and information materials on issues of concern related to PPP operations and portfolio
Reporting and communication
- Contribute to the production of sector papers, regional studies, operational reports, etc…
Job Requirements
Academic qualifications
- Master’s degree in Finance, Economics, Business Administration or any other related field
Languages
- English (Mandatory)
- Arabic (Preferred)
- French (Preferred)
Minimum number of years and nature of experience
- 3-5 years of relevant experience in project finance, portfolio management, credit review & monitoring, etc.
Job specific competencies
- MS Office
- Communication effectiveness (oral and written)
- Planning & organizing
- Well-developed Negotiation skills
- Project management
- Advance Financial (Balance Sheet) Analysis
- Drive for results
- Analytical thinking
- Problem solving
- Passion for excellence
- Teamwork
Location
Jeddah, Head Office
Travel Requirements
20% or more depending on project involvement
About Application Process
If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):
- Resume/CV
- Passport-size photograph