IDB3346 - Senior Trust Fund Management Specialist

Business Unit: Operations Complex
Division: Al-Aqsa & Palestine Funds
Department: Special & Trust Funds
Country: Saudi Arabia
Location: Saudi Arabia - Jeddah
Closing date: 13-Jul-2024

Job 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:

Strategic & Operational Planning:

  • Provide support in developing Al-Aqsa (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 in Engineering. (Preferably Civil, Architecture, Industrial).

  • 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