Senior Associate, Organizational Performance

2 weeks ago

Jeddah, Saudi Arabia Islamic Development Bank Full time

Role Purpose

Establish and implement a corporate performance management framework encompassing methodologies and tools to facilitate the efficient planning, monitoring, assessment, and reporting of performance across all functions and departments within the ICD.

Key Functional Accountabilities and Activities
**Corporate Strategy and Performance Management**:

- Assist in developing and managing the corporate strategy, financial model preparations, business plan development, and corporate performance framework setting and reporting systems of ICD.
- Develop and periodically review and follow up departmental and divisional KPIs as well as strategic initiatives/projects with each concerned function, based on the corporate strategy, business plan targets, agreed KPI sheets, and ICD’s Corporate Scorecard.
- Coordinate the cascading of ICD’s targets into departmental targets consistent with the defined corporate and department strategy and business plans and corporate scorecard.
- Keep records of reporting process for all departmental and divisional KPIs, working with functions to highlight and contribute in resolving variances from planned targets.
- Assist in the preparation of the 3-Year and annual business plan of ICD with close collaboration and inputs from each business unit and with usage of the financial modelling.
- Plan, coordinate and schedule meetings to discuss progress achieved towards ICD’s business plan targets as well as strategic initiatives, and to identify required actions.
- Collect the operational, portfolio and performance data in order to conduct empirical analysis and studies for the ICD management.
- Prepare periodical performance management, strategic initiative and other key reports and presentations for the Management and the Board.
- Check internal performance against KPIs and facilitate corrective actions.

**Operational Excellence**:

- Check for performance improvement, bottle-necks, and opportunities across ICD that need to be addressed based on performance results and outcomes.
- Research studies to identify the most suitable methodologies and leading best practices (processes) that can be implemented at ICD.
- Review and recommend methods for improvement of cross functional business plans, operation reports, and governance documents including policies and procedures.
- Assist in the preparation of the flagship projects of the Strategy Department (i.e., ICD Annual Report, Private Sector Development Index, Market Attractiveness Rankings, SMEs Diagnostics, 3-Year Business Plan etc.).
- Foster knowledge sharing and disseminate relevant information, findings and lessons to increase awareness and knowledge about various strategic and policy initiatives in ICD.
- Coordinate the organizational improvement and operational excellence initiatives for ICD in coordination with concerned departments as applicable.
- Assist all departments in implementing operational excellence and process improvement initiative in order to meet the standards set.
- Promote a culture centered around excellence and performance across ICD through the delivery of regular communications.

Qualifications/ Professional Experience
- At least 3 years of experience in corporate strategy (including corporate performance management and business plan preparation) preferably in consulting or another fast-paced, knowledge-based work environment in financial institutions.
- Bachelor’s degree in in Finance / Economics / Business Administration, or similar discipline is a must.
- Master’s Degree/MBA in a related field or a relevant Professional certification is a must.
- Experience in other MDBs’ or regional or global development institutions is an added advantage.
- Strong writing and presentation skills and analytical capabilities, ability to work on financial modelling, use statistical tools in project appraisal, cost‐benefit analysis, market and sector studies and demand projections.

Core Behavioral and Technical Competencies
**Core Behavioral Competencies**:

- Innovation and Initiative
- Change Management
- Developing People Capability
- Partnership Management
- Strategic Thinking
- Self-Effectiveness

**Technical Competencies**:

- Strategy Development & Implementation
- Business Plan and Corporate Initiatives
- Networking Skills
- Corporate Performance Management
- Project/Transformation Management Skills

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