Senior Trust Fund Management Specialist

6 months ago

Jeddah, Saudi Arabia Islamic Development Bank Full time

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 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.

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