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Operations Officer, Private Sector Operations Department

Job Profile
Under the general supervision of Director, Private Sector Operations, the incumbent is responsible for structuring, implementing and monitoring the Private Sector / Trade Finance transactions including the management of the loans and equity investments.
Duties and Responsibilities
In particular, the incumbent:
  • Prepares and updates the general framework of OFID’s Private Sector / Trade Finance facilities in supporting the specific area, sector, country or as defined by the head of the department, in line with OFID’s mandate.
  • Assesses the role of the Private Sector / Trade Finance facilities in poverty reduction strategies and development plans of OFID’s partner countries and identifies investment opportunities for OFID in partnership with other institutions or on its own.
  • Prepares and submits a work plan for the approval of the Director including a list of potential projects to be submitted to the Governing Board, a tentative missions program and related budget. Implements the programs with all necessary initiatives & actions.
  • Maintains regular contact with co-financiers, in particular the lead arrangers in order to monitor project implementation in line with the provisions of signed agreements and OFID’s procedures.
  • Participates in the origination/identification, appraisal/due diligence, structuring, preparation, administration (disbursement/repayment), monitoring and work-out activities of projects, in a manner consistent with the rules and procedures of the Private Sector / Trade Finance facilities.
  • Contributes to institution building/lessons learnt initiatives of the Private Sector / Trade Finance facilities..
  • Stays abreast of country, sectoral, market and product developments.
  • Represents OFID at external conferences, meetings, symposia, and other external events in connection with marketing efforts, networking, project origination and the dissemination of knowledge and lessons learned, as the need arises.
Qualifications and Experience
  • An Advanced university degree in Accounting/ Commerce /Finance/ Economics or other relevant disciplines;
  • Minimum of 5 years professional experience preferably 2-3 years obtained within the Private Sector / Trade Finance division of a major International development finance institution; a banking environment (including commercial or investment banking, fund management) or a development bank.
Skills and Competences
  • Demonstrated financial, credit (and preferably also economic) analysis skills through direct involvement in project and transaction financing;
  • Demonstrated project financing, preferably acquired in a commercial banking/developing country environment; sound understanding of credit risk, financial models, and collateral/legal documentation;
  • Established excellent verbal and written communication skills in English;
  • Working knowledge of Arabic, French and Spanish will be an added advantage
  • Good interpersonal and negotiation skills;
  • Computer literate with practical working experience with Windows, Excel, and other relevant software packages;
  • Ability to work with people of different nationalities and cultural background.