Department/Unit: Risk Management / Ethics and Integrity Function
Deadline: June 2, 2024
Required Languages: English
Contract Type: Fixed Term Contract
Job Category: Professional
Grade: G
Job Profile
The Ethics and Integrity Function has been established within the Risk Management Department to support the OPEC Fund’s objective of strengthening its institutional integrity risk management resources. The incumbent will have an established reputation for integrity, confidentiality and organizational ethics, and the ability to assess sensitive matters with objectivity and consideration for the individuals concerned. In establishing the Ethics and Integrity Function, the incumbent will be expected to develop an ethics and integrity policy framework and oversee its impartial implementation. This framework will adhere to the Fund’s policy of aligning with industry best practices, particularly those of peer multilateral development banks.
Reporting to the Chief Risk Officer, Risk Management Department, the incumbent will play a pivotal role in upholding the Fund’s ethical and integrity standards.
Duties and Responsibilities
Regulatory Frameworks
- Review and enhance codes of conduct for all Employees of the OPEC Fund and monitor implementation to ensure high ethical standards in the OPEC Fund’s culture.
- Review and enhance policies, guidelines, and methodologies on the prevention of, and controls to mitigate, integrity breaches.
- Develop rules and procedures for the submission of allegations of corrupt or fraudulent practices with respect to projects financed by the Fund and allegations of misconduct by staff members.
- Establish and implement a whistle-blowing and protection from retaliation policy, accounting for internal and external whistleblowers.
Due diligence
- Identify, manage, and monitor integrity risk within the Fund and oversee all such related matters.
- Conduct integrity due diligence on projects financed by the Fund and stakeholders that the Fund works with, including entities involved in the implementation of such projects.
- Ensure operational compliance for Know Your Customer, Anti-Money Laundering, counter-terrorist financing, tax evasion, and business practices.
- Monitor and advise management on sanctions issued by international bodies and national authorities.
Advice, Support and Learning
- Review and provide clearance/advice on conflicts of interest.
- Develop learning material and interventions that raise awareness of issues on ethics and integrity to help foster a respectful and safe workplace.
Investigations and dispute resolution
- Conduct investigations on allegations of corrupt or fraudulent practices with respect to projects financed by the Fund and allegations of misconduct by staff members.
- Support the informal dispute resolution mechanisms, offering mediation/conciliation and other informal dispute resolution options.
Carries out other duties relevant to the role as may be assigned by the Chief Risk Officer.
Qualifications and Experience
- Master’s degree in Business Administration, Public Administration, Law, Finance or a related field. A first-level university degree in combination with two additional years of qualifying experience may be accepted in lieu of the advanced university degree.
- A minimum of 15 years relevant professional experience, of which five years should have been in an international environment.
- Experience in advising senior management on sensitive ethics related matters is required.
- Experience in dealing with senior staff and ability to work with people of diverse technical and cultural backgrounds is essential.
- Professional qualifications such as Certified Public Accountant or Certified Fraud Examiner is an advantage.
- Certifications in investigations is an added advantage.
- Certification in conflict resolution is an added advantage
- Fluent in English. Good working knowledge of Arabic, French or Spanish is an added advantage.
Competencies
- Subject Matter Knowledge – The in-depth understanding and expertise in specific fields relevant to the OPEC Fund’s operations and the individual’s role.
- Cross-Cultural Sensitivity – The ability to take into account the variety of the human experience and how it contributes to the workplace and to demonstrate respect for diverse cultures and viewpoints.
- Decision making – The ability to analyze information comprehensively to make well-informed decisions; assess both immediate and long-term ramifications.
- Effective Planning and Follow Up – The ability to set clear goals and priorities; skillfully organize tasks for efficiency; consistently follow through on commitments and plans.
- Problem Solving Ability – The ability to identify issues adeptly, delve into root causes, and devise pragmatic solutions; demonstrate ingenuity and resourcefulness in overcoming challenges.
- Sense of Responsibility – The ability to demonstrate ownership and accountability in tasks and outcomes; uphold reliability and commitment to fulfilling responsibilities.