Principal Executive Coordinator - Office of the Vice-President Finance & CFO

OVERVIEW

 

 

Business Unit:	Finance & CFO
Department:	Office of the Vice-President Finance & CFO
Country:	Saudi Arabia
Location:	Jeddah HQ
Job Grade:	M2
Contract Type:	Fixed Term
Closing Date:	26-Oct-2026

JOB PURPOSE

 

The PEC is required to provide high level technical support and expertise to enable the VPF to make quick and correct decisions on important issues related to the overall Finance & CFO Complex, in the assigned domains of financial control, treasury and liquidity management, financial sustainability, investments, and financial policies. The role also facilitates correspondence, communication, coordination, and follows-up with the relevant Units across the Bank, as well as external stakeholders including investors, rating agencies, financial institutions, development partners, and other counterparties to achieve the missions and goals of IsDB.

KEY ACCOUNTABILITIES

 

Strategy and Operational Planning:
• Lead in the development, effective implementation, and monitoring of the Annual Work Plans and KPIs for the Office of the Vice-President Finance & CFO.
• Ensure that the Office of the Vice-President Finance & CFO works effectively and proactively, both within IsDB and externally, to ensure the delivery of required services.
• Lead in formulating, developing, and implementing policies, procedures and guidelines for the Office of the Vice-President Finance & CFO.
• Lead in the preparation of the annual resource plans and budget for the Office of the Vice-President Finance & CFO.
• Lead and contribute to the preparation, review and effective implementation of the Annual internal and external engagement plans to raise the standing of IsDB in the public, private and third sector domains.

Technical Advisory & Executive Support:
• Provide professional and technical advice to the Vice-President on matters related to the role’s assigned domain or any other matter as assigned by the Vice- President.
• Provide technical advisory support to the Vice- President on matters related to Finance & CFO Complex, referred to him for guidance and consideration by the Management Committees and/or Boards of Directors/Governors.
• Review the Vice-President’s briefing materials, correspondence, documents and all incoming communication to improve quality and thoroughness and ensuring that Vice-President is adequately briefed and apprised on important issues as they arise, as preparation for the Vice-President's engagement with internal and external stakeholders.
• Provide technical and professional advice and recommendations to the Vice-President on improving business efficiency, effectiveness, responsiveness, and quality within the Finance & CFO Complex.
• Advise on areas where the Bank’s policies, procedures, processes, and guidelines need to be reviewed and improved, in line with the lessons learnt as well as global best practices at other MDBs, and considering the priorities set in the Bank’s Strategy.
• Undertake analysis on development issues that involve wider policy implication and provide the requisite opinion and technical point of view.
• Communicate the directives of the Vice-President to concerned departments, in a timely and effective manner, through appropriate channels like e-memos, correspondences etc.
• Undertake technical review of all correspondence and mail, that require Vice-President’s attention, decide on the priorities to be given and forward the mail to the concerned units.
• Follow-up on actions and instructions required by the concerned units in addressing issues requested by the Vice-President and report on progress.
• Accompany the Vice-President in his internal and external engagements, as necessary, within the assigned area of responsibilities.

KEY ACCOUNTABILITIES

 

Knowledge Sharing & Innovation:
• Provide innovative ideas to improve efficiency of work within the Front Office.
• Review and enhance policies, objectives and programs through benchmarking with industry best practices.
• Provide and recommend innovation and knowledge sharing initiatives.
• Recommend opportunities and be the champion of initiatives to enhance the performance of the VPF Front Office team and to enable it to deliver and contribute in an innovative manner.

Leadership Responsibilities:
• Lead the provision of advisory services and technical guidance in matters related to all aspects of the Finance & CFO Complex activities.
• Provide motivational and inspirational leadership for the Front Office team and advise the VPF on performance/expectations of Front Office staff.
• Assist and advise the VPF in managing the performance and resources of the Front Office team through delegation of authority, setting stretch objectives and providing regular feedback on results, promptly addressing areas of underperformance.
• Assist and advise the VPF and the skills and capabilities of the Front Office team, and determine the actions needed to increase the team’s impact.
• Advice the VPF on filling in key capability gaps through capacity development and recruiting effort within the Front Office.
• Coach, mentor, and develop the staff within the Front Office.
• Act as a role-model for the team’s staff in issues related to IsDB's values and leadership competencies and provide direction and support in times of change.

Reporting and Communication:
• Provide the Vice-President with the periodic or ad-hoc reports on the development issues in the assigned regions.
• Liaise with stakeholders to plan/resolve issues related to Vice-President's Office.

ACADEMIC AND PROFESSIONAL QUALIFICATIONS

 

• Master’s degree in economics or business administration or finance or Investments or related discipline.
• A Chartered Financial Analyst (CFA) qualification would be preferred.
• 12 years of prior relevant experience in a similar role in Multilateral Development Banks or similar international organizations, banks and financial regulatory authorities.
• Languages: English: Mandatory | Arabic: Preferred | French: Preferred

SKILLS & NECESSARY KNOWLEDGE

 

• Ability to adapt to changing business circumstances to maintain effective performance of the Unit.
• Ability to draw actionable steps from IsDB overall strategy.
• High degree of confidentiality and protection of sensitive information.
• Ability to maintain a rational and objective demeanor when faced with difficult situations.
• Ability to carry out performance evaluations at the Unit and direct report level.
• Ability to plan and prioritize tasks effectively.
• Influence others using rational arguments. Identify basis for compromise and reach an agreement.
• Ability to identify risks and implement necessary mitigation measures.
• Consistently work to a high standard and look for ways to improve current working practices and processes for the benefit of the company.
• Analytical Thinking
• Problem Solving
• Strategic Planning
• Investment analysis
• Development Effectiveness
• Development Evaluation
• Business Process Knowledge
• Knowledge of Development Sector
• Executive Information Management MS Office skills

ABOUT APPLICATION PROCESS

 

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

 

• Resume/CV
• Copy of passport
• Academic certificate
   

If you are currently an IsDB Regular staff applying for this role and get selected through the competitive selection process; your current contract type and other terms and conditions will remain unchanged.

 

The Islamic Development Bank (IsDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the IsDB does not request information on applicants’ bank accounts. The IsDB declines all responsibility for the fraudulent publications of job posts or job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.