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Islamic Development Bank Group Portfolio and Follow-up Associate

IDB1421 - Portfolio & Follow-up Associate (ICD)

Business Unit : ICD

Function : Follow-up

Department : Financial Institutions Development

Country : Saudi Arabia

Location : Jeddah, Saudi Arabia

Closing Date : 03-Nov-2012

JOB PURPOSE:

The role is responsible for maintaining local contact with portfolio companies in key regions, focusing on active monitoring and lifecycle management. The role further ensures implementation of portfolio activities as per the stated agreements and identifies & escalates potential roadblocks or risks.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

Establishing periodic valuation of the portfolio companies through attending the general assembly meetings, identifying financial positions and evaluating ongoing new developments

Managing the portfolio assigned in order to ensure effective implementation of overall operations as per the agreements.
Ensuring that all portfolio activities are carried out efficiently & cost effectively, as per the stipulated agreements

Monitoring progress of portfolio companies periodically by deploying ICD's risk management tools to identify the likelihood of potential roadblocks /risks

Reporting the management on the distressed projects at early stages for better decision making and proposing recommendations in order to resolve the problem and minimize negative impact on ICD
Coordinating with the Advisory Services team to assist in the deal exit process.

Qualification & Experience:

• Master Degree in Finance or MBA from a reputable University
• 4- 6 years of experience in the Banking and Financial Services sector 

Skills:

• English & Arabic Language are must. 

Note: you will be required to attach the following:

1. Resume / CV
2. Passport-size photograph

To Apply:
http://www.isdb.jobs/careers/isdb/VacancyDetail.aspx?PageID=2513&VacancyID=42991