Top level Financial Settlements Officer at OPEC Fund for International Development in Austria

Position Profile

The Top level Financial Settlements Officer is in charge of managing the initiatives of the Administrative support operation and coordinating the connection with the OPEC Financial support’s custodian and house bank connections in order to preserve top-notch support and effectiveness. The role is in charge of supplying variety of business processes that assist financing, financial funding portfolios, authorizing the settlement of trades, and issuing transaction confirmations carried out by the Treasury Unit. Additionally, the Top level Officer supervises Partner Master Data, in accordance with institutional business and adherence & regulates structure. Then incumbent is also anticipated to stand for the Operation in various system or instrument execution projects and operating groups. 

Synchronization:

Productively prioritizes and representatives work tasks inside the team productively, conceptualizing and executing initiatives that optimize productivity while making sure positive experiences and engagements with the Administrative support team, trade implementation desk and external counterparts. Arranges and communicates closely with Treasury and other counterparties in addition to external service vendors which includes the OPEC Financial support’s custodian. Fulfills the role of focal point for Processes, Loan Management, Procurement and House Banks in fixing problems with debit-payments and repayments.

Accounting:

• Ensures the application of necessary accounting standardized processes corresponding to settlement initiatives
• Confirms calculations of Member Country capital/payments, servicing & maintenance of associated databases and calculation of balances and yearly distribute price
• Confirms treasury financial record, cost assessments based on consistent periods, calculation of accruals, realized/unrealized gains or losses, interest earnings on accrual basis and other duty

Status updates:

• Assessments and supports to periodic documentation for disclosure of OPEC Financial support’s financial statements and for use by the OPEC Financial support’s Management and Executive council.
• Responds promptly to within and outside the organization questions, underpinning OPEC Financial support’s robust client support image. 
• Carries out other duty allocated by the Director, Financial Regulates, that are connected with the responsibility.

Credentials and Expertise

• MSC in Finance, Banking, Business Management, or a strongly connected site
• At least 10 years applicable industry experience, of which five (5) years should possess been in an international development institution
• Bsc in Finance, Banking, Business Management or a strongly connected site integrated requiring at least 15 years of directly applicable professional background (i.e. settlement; treasury assist), which includes a minimum of five (5) years of progressively in charge expertise, may be assessed in lieu of a MSC
• Strong insight of financial instruments which includes loans, bonds and swaps is essential
• Competence with commonly used treasury management operational structures (e.g. SAP, Bloomberg, etc.) is essential
• Proven successful expertise in top and coordinating people and leading and inspiring teams
• Fluent in English. Good practical understanding of Arabic, French or Spanish is a plus.

Skills:

• Partnership and Collaboration - The capability to actively promote a cohesive collaborative environment, adeptly convey and work alongside across multifaceted departments to attain divided targets, making sure team members work cohesively and productively.
• Client Centricity  - The capability to concentration on processing and dealing with client needs; repeatedly provide exceptional service and promote robust, lasting client connections.
• Strategic judgment - The capability to evaluate information thoroughly to make well-informed decisions; evaluate both instant and long-term ramifications. 
• Efficient Organizing and Check in - The capability to set clear targets and key focuses, skillfully structure assignments for effectiveness and repeatedly follow through on obligations and strategies
• Issue resolution Capability - The capability to recognize concerns adeptly, delve into root causes, and formulate pragmatic initiatives; show ingenuity and resourcefulness in overcoming hurdles, leading the team's approach to strategic challenge-solving.