Director Strategy, Budget, and Corporate

Job Purpose
The Director leads the (i) Strategy; (ii) Budget; and (iii) Corporate Performance and Results of Bank to ensure that the Bank’s strategy is reflected in an integrated corporate work plan and in departmental planning. S/he leads the effective and appropriate resource allocation across the Bank towards achieving strategic objectives and pillars in Member Countries (MCs) and non-MCs. Accordingly, the incumbent oversees the development and implementation of the IsDB Corporate Strategy, the formulation of IsDB's annual administrative and capital budgets and the monitoring of the Bank-wide corporate performance and development results

The Director coordinates with all Business Units within the IsDB and relevant Business units of entities in strategy, budget and corporate performance & results matters to materialize the Group Synergy approach. S/he maintains relationships with Strategy, Budget, and Corporate Performance & Results functions of other MDBs to adopt best practices. The Director plays a prominent role in keeping the Bank as a development effectiveness-focused organization in line with its articles of agreements and policies. S/he is therefore responsible for ensuring that IsDB is highly credible within the global dynamic development arena.

Under the guidance of the IsDB Group Chairman, Budget, Corporate Performance Management Committee and in liaison with the CEOs of the entities, the Director facilitates the institutional framework and processes for setting coherent Results-Based Management Framework (RBMF) within IsDB and across IsDB Group. It ensures the coordination and monitoring of the RBMF implementation within a cohesive IsDB Group synergized business strategy and in close collaboration with all concerned units.

Key Accountabilities*
Strategy Planning and Management: *
- Coordinate the development and implementation of the organizational Strategy and the related annual business work plans.
- Ensure that the Bank's strategic priorities are objectively cascaded down to all departments/ units into their work plans.
- Drive the development of the Bank’s Integrated Work Program based on consolidation of inputs of all BUs in the form of strategic priorities, budgetary allocation, and KPIs targets in close collaboration with the complexes’ leadership.
- Support the IsDB engagement with international institutions, and with global / regional bodies that focus on global development policies and themes that are of interest to IsDB Member countries.
- Direct the strategic alliance opportunities that can advance the Group’s policy objectives globally, and its vision of socio-economic development for its MCs.
- Advance the Group’s mission and deliver on obligations by contributing to targeted and timely high-impact policy and advocacy initiatives that promote effective and greater influence on issues critical to IsDB’s development objectives
- Provide advice to the Senior Management on the effectiveness of strategy implementation and on strategy foresights.

**Budget Management**:

- Lead the provision of the annual budget framework for review by management committees (Budget, Corporate Performance Management Committee), and Board of Executive Directors; identifying opportunities for savings and redeployment; and providing feedback on implementation.
- Lead, in collaboration with the concerned Departments/units, the development and enhancement of the Bank's policies and procedures related to the budget and corporate performance to facilitate decisions on business and operations.
- Ensure that institutional budget submissions to the Board of Executive Directors (BED) include the operational plans and budgets prepared based on objective requirements.
- Incorporate the decisions of the Budget, Corporate Performance Management Committee prior to the clearance of the President and subsequent submission to the BED for approval.
- Present recommendations on maximizing cost efficiencies and reallocating resource expenditures to priority areas to ensure that budget resource allocation is linked to the work plans of the Bank from a utilization point of view and from the operational plan perspective.
- Develop Capital Expenditure rules, guidelines and procedures to facilitate the formulation of the IsDB Capital Expenditure Program for planning, monitoring and controlling the Bank's capital expenditure.
- Promote the implementation of tools for performance management
- Lead the development of periodic consolidated reports for IsDB Management and the BED on the Bank’s development effectiveness and corporate performance and results against the KPIs.
- Report on overall bank-wide portfolio performance, administrative work program and effective utilization of budget for the executive management in collaboration with all complexes.

**Corporate Performance and Results Management**:

- Lead the development of IsDB and IsDB Group-wide RBMF as principal tool for strategy implementation, in alignment