Manager, Strategic Planning and Communications

1 month ago

Jeddah, Saudi Arabia Islamic Development Bank Full time

JOB PURPOSE

This role holder is responsible for managing the development of ICIEC’s corporate strategy by serving as the integration hub for key business processes, as a catalyst for change including business transformation, and as a consultant or trusted business advisor in helping to create sustainable growth. In consultation with Senior Management, this role holder is responsible in shaping the future strategic direction of ICIEC taking into account the dynamics of the external market, industry and competitor analysis. All these will result in identifying long and short-term business objectives and targets.

The role holder will also be responsible for generating and analyzing reports on the strategy implementation, profitability and cost distribution across departments and internal/external business operations to identify opportunities for capital optimization. In addition, the role is the authorized position to communicate any formal statement on behalf of ICIEC to any external stakeholders.

KEY RESPONSIBILITIES

**Managerial Responsibilities**
- Manages, updates and monitors the progress of the Corporation’s strategy development, in line with the established corporate objectives.
- Manages the implementation plans of the strategic projects of ICIEC, providing leadership and facilitating work processes in order to achieve high performance standards. **Vision Development and Monitoring**
- Facilitates the alignment of ICIEC’s strategies towards the IsDB medium-term strategies and thematic programs to long-term strategies/vision and enhances the strategic-framework, methodologies, toolkits and resources.
- Monitors and assesses ICIEC’s long-term strategies/vision implementation in alignment with the medium term strategies assessment and reporting.
- Regularly provides strategic intelligence on key business themes with implications to ICIEC's long and medium terms strategies, for the CEO's consideration.
- Facilitates the formulation of ICIEC's longer term specific thematic strategies and policy framework. **Strategic Alignment**
- Identifies new business opportunities as a result of the export credit and investment insurance industry's development dynamics.
- Contributes to the efforts of aligning medium and short-term business plans to long term strategies and the Corporate Vision.
- Conceptualizes and develops innovative development models aspired to in the context of the Islamic Vision for Development contributing towards the realization of ISDB long term strategies such as the micro takaful project.
- Monitors and analyzes the assigned regional/country-based vision to help refine ISDB long term and operational strategies. **Market Intelligence**
- Analyzes the macro-economic, financial, political and socio-economic trends in the Member Countries to identify focus countries for future growth of ICIEC in line with the change in direction of the organizational strategy towards a new product and portfolio structure.
- Analyzes market competition strategies and plans through effective analysis of the products, services, and strategies of key market players and their revenue trends.
- Collects market intelligence data from available industry reports, public information sources, field reports and purchased sources; and effectively analyses this information to understand ICIEC’s competitive landscape.
- Synthesizes current market/business intelligence and trend data then determines ICIEC’s position in the market in order to articulate recommendations for action. **Strategy Planning**
- Manages the development of ICIEC’s corporate strategy serving as an integration hub with all key stakeholders: Board of directors, CEO, Operations, and Risk, Finance and support services.
- Conducts SWOT (Strengths, Weakness, Opportunities and Threats) analysis and understands ICIEC’s internal and external environment and reports requisite findings to management.
- Validates the strategy by translating the strategy components into a financial model, to test the viability of the strategic initiatives, and to set the baseline of the performance indicators, enabling for analyzing the variances in order to develop the necessary corrective actions whether on the level of the strategy or on the level of the implementation projects of the strategy.
- Aligns the strategy components, such as the business growth target with the cost size and the optimal capital structure, and refines any contradiction with full communication to the concerned stakeholders.
- Verifies full integration between the long term strategy and ICIEC objective with all medium and short term plans.
- Verifies ICIEC strategy plan with the IsDB group mandate and ensures that ICIEC is serving its mandate as well as it is aligned with the overall Group strategy.
- Implements the framework for carrying out internal/external strategic analysis, identifying scenarios, assessing options for the way forward and formulates recommendations to the Senior Mana

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