Portfolio Manager

Jeddah

  • Organization: IsDB - Islamic Development Bank
  • Location: Jeddah
  • Grade: Mid level - E4
  • Occupational Groups:
    • Banking and Finance
    • Project and Programme Management
    • Managerial positions
  • Closing Date: 2025-08-23

IDB3527 - Portfolio Manager

  • Business Unit
    Operations Complex
  • Division
    King Abdullah bin Abdulaziz Program (KAAP)
  • Department
    Special & Trust Funds
  • Country
    Saudi Arabia
  • Location
    Saudi Arabia - Jeddah
  • Job Grade
    E4
  • Contract Type
    Fixed Term Contract
  • Closing Date
    23-Aug-2025
Job Purpose

Lead and manage KAAP development projects (mainly Health and Education) across assigned countries—covering project identification, MoUs, stakeholder engagement, tendering, contractor/consultant selection, resource mobilization, implementation oversight, on-time completion, and hand-over.

Key Accountabilities

Strategy Development and Planning:

  • Contribute to the development of strategy, work plans and KPI’s for the KAAP Unit ensuring their alignment to IsDB strategies and KAAP mandates.

  • Contribute to the development of policies, procedures, and guidelines for the KAAP Unit and ensure their effective implementation and compliance across all work areas by all stakeholders.

  • Contribute to the preparation of Unit’s annual budget ensuring all resources (human, materials and financial) are adequately provided to meet the business requirements and achieve the Unit’s strategic objectives.

  • Prepare and arrange to get the Agreement and Memorandum of Understanding (MoU) signed between IsDB, KAAP and the relevant Government/Authority in the target country when needed.

Project/Portfolio Management:

  • In coordination with the KAAP Manager and relevant stakeholders in IsDB, identify relevant development projects, around the world, to meet the existing and emerging needs of the Muslim communities in the chosen areas.

  • Prepare Project Charters for the identified projects considering the quantum of investment and other resources required, clearances required from the relevant authorities/government agencies, time to complete the project and the number of people benefitting from the projects.

  • Seek necessary approval from IsDB and KAAP as well as Donor to implement the project.

  • Timely prepare all techno-commercial documents for the selected project and float RFP’s / Tenders to obtain quotation / tender from the qualified contractors.

  • Appoint Consultants to prepare project designs, oversee the project execution and obtain necessary clearances/approvals from the relevant authorities.

  • Participate in the Tender Committees to evaluate the tenders/ proposals and appoint the most eligible contractors for the project.

  • Prepare a Project Plan, communicate the same to the Consultant and Contractor and ensure progress of the project as per the agreed plans.

  • If required, source and recruit qualified local staff and assign to the projects after providing necessary induction and training.

  • Monitor the progress of the project as per the Project Plan, flag any quality or delivery issues with the Contractor and resolve the same in a timely manner to avoid delays in completing the projects.

  • Ensure obtaining necessary clearances/approvals, from the relevant authorities, whenever required to ensure smooth progress of the project.

  • On completion of the project, carry out necessary quality checks with the help the appointed Consultants, prepare a Snag List, share the Snag List with the Contractors and agree on rectifying the snags.

  • On satisfactory completion of the project, arrange take-over and approve payments as per the contractual terms of the project.

  • Arrange smooth handing over of the project to the representatives of the beneficiaries.

  • Whenever necessary, prepare/manage media materials related to specific projects and/or program in general.

  • Develop actions plans for the project/portfolio sustainability.

Communications, reporting and documentation:

  • Prepare and submit periodic reports to the KAAP/STF and Donor (the Office of King Abdullah Humanitarian Foundation) on the progress of ongoing projects, feedback on the handed over projects and any other relevant information.

  • Report to KAAP/STF, any problems faced during the project implementation stage, that may require their interventions.

  • Serve as the focal point and ensure that the KAAP is the resource center and organizational memory for matters related to KAAP and its activities.

  • Communicate/report intended results, results achieved, performance, and lessons learnt to the IsDB Management, relevant governing bodies, Donor, partners and other key stakeholders.

  • Explore/Contribute to introducing Artificial Intelligence (AI) for data collections and reporting, when needed.

  • Ensuring regular, clear, and consistent communications to address the right people with the right information at the right time with right style related to KAAP portfolio while enhancing and building stakeholder confidence in data reliability.

Marketing and Branding:

  • Strengthen the interactions with external stakeholders to improve the KAAP visibility in the world at large (when possible).

  • Establish, develop and maintain a strong network of relationships with various stakeholders including government, institutions, agencies, civil Societies, NGOs, partners, philanthropic organizations, private sectors, and individuals for better branding, marketing and partnership.

  • Communicate storytelling around impact of the KAAP operations.

Knowledge Sharing and Development:

  • Keep abreast of the development interventions being carried out by other agencies, share best practices and identify areas where IsDB and KAAP and make contributions.

  • Share knowledge and experience of KAAP projects with other Units within IsDB and seek opportunities for joint collaborations.

  • Coach, mentor and develop junior staff in the Unit.

  • Participate in setting Unit and Individual objectives, monitor the same on regular basis and ensure achievement by all.

Academic and professional qualifications
  • Master’s in engineering, medical, or related field; PMP certification preferred.

  • Experience and ability to direct execute and manage developmental projects.

  • Minimum 10 years of experience in handling end-to-end project implementation, preferably in a multi-lateral sector, of which minimum 3 years in the managerial / supervisory role.

Skills & Necessary Knowledge

• Advanced Project Management skills.

• Advanced knowledge of contracts and procurement management.

• Planning skills and use of Planning Software.

• Relationship building.

• Time Management.

• Cost Consciousness.

• Quality Consciousness.

• Focus on project details.

• Report writing skills.

Languages
  • English - Mandatory

  • Arabic - Mandatory

  • French - Preferred

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):

  1. Resume/CV
  2. Copy of passport
  3. Academic certificate
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.
We do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
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