Director, Innovative Financing Solutions

Vacancy Number: 2269

**Department/Unit**: Innovative Financing Solutions Unit/Strategy

**Date of Issuance**: June 25, 2025

**Deadline of Applications**: July 25, 2025

**Required Languages**: English

**Contract Type**: Fixed Term Contract

**Grade**: Management

**Job Category**: H2

**Recruitment Status**: International

**Contract Duration**: Two-year fixed term appointment, with the possibility of renewal

**Job Profile**

The Director, Innovative Financing Solutions is responsible for providing strategic leadership and oversight to the Innovative Financing Solutions Unit. The Innovative Financing Solutions Unit is in charge of managing the OPEC Fund’s grant and trust fund resources, as well of developing and implementing innovative financing solutions to enhance the OPEC Fund’s product offerings through blended finance and similar solutions. Director is expected to provide leadership and oversight to the Unit’s activities, including the mobilization of new trust fund and other third-party resources and partnerships, and the development and implementation of initiatives and financing projects using grant and innovative financing solutions, to support OPEC Fund operations and operational priorities. The role will be expected to include the development of new and enhancement and deepening of existing partnerships with external partners, as well as close coordination and cooperation with the Operations and Strategy Departments within the OPEC Fund. Primary objectives include the mobilization of external resources, supporting operational growth, enhancing the OPEC Fund’s product offering and operations quality, and strengthen the OPEC Fund’s position as a Project Developer and Catalyzer.

**Duties and Responsibilities**
- Innovative Financing Solutions Leadership and Development_
- Provides strategic leadership to the Innovative Financing Solutions Unit, including the development of implementation plans and annual work plan of activities that align with the organization's objectives and the OPEC Fund Strategic Framework 2030
- Drives the development and implementation of thematic or sectoral innovative financing solutions, including grant-based initiatives, to mobilize external resources for organizational operations and program outcomes Contributes to the development of innovative financing vehicles in coordination with the Private and Public Sector Departments and other internal stakeholders
- Functional Strategy_
- Coordinates the Strategy Department’s efforts to design innovative financing strategies aligned with the OPEC Fund’s long-term strategic objective
- Assesses the progress of implementing innovative financing projects and plans and evaluates their strategic implications
- Develops a capacity building plan for building knowledge of the OPEC Fund’s Employees on innovative finance approaches for sectoral, regional or thematic activities
- Horizon Planning_
- Leads the analysis of external trends to determine their impact on the organization's innovative financing strategies
- Assists the Vice President, Strategy in responding to emerging international issues within the context of Innovative Financing Solutions
- Partnership Development and Stakeholder Engagement_
- Shapes the OPEC Fund’s relationships with Multilateral Development Banks (MDBs), international organizations, philanthropic institutions, and bilateral agencies at an institutional level, focusing on innovative financing collaborations
- Establishes partnerships with MDBs, UN agencies, philanthropies, and other institutions, expanding collaborations for innovative financing
- Represents the Innovative Financing Solutions Unit at external events, meetings and on missions, enhancing institutional knowledge management aligned with strategic objectives, and building relationships with counterparts from potential partner institutions
- Management and Oversight_
- Oversees the origination, development, implementation and management of innovative financing solutions, including grant and blended finance projects, ensuring compliance with agreements and the Strategic Framework 2030.
- Manages partner and internal reporting processes, ensuring quality and timeliness.
- Coordinates resource allocation in collaboration with Operations departments
- Ensures that all outputs of the Innovative Financing Units are of consistently high quality.
- Advice_
- Provides advice, recommendations, and suggestions for improving the efficiency and productivity of the Innovative Financing Solutions Unit.

**Qualifications and Experience**
- Master’s degree in economics, finance, strategy, business management or a closely related field
- A minimum of at least 15 years in relevant professional experience in the finance sector including at least five (5) years at a managerial level; out of which at least 10 years’ with large international development finance institutions or international organizations, and at least five (5) years of experience developing innovativ