OPEC Fund for International Development Young Professional Development Program 2022

The OPEC Fund for International Development is a multilateral development finance institution established in 1976. Our 12 Member Countries are:  Algeria, Ecuador, Gabon, Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and the Bolivarian Republic of Venezuela.

Applications are invited for:

Title: Young Professional Development Program

Location: Austria (AT)

YPDP Overview

• The OPEC Fund’s Young Professional Development Program (YPDP) is a structured two-year program designed to prepare young professionals from the OPEC Fund’s member countries for a career in global development.
• We are currently seeking applicants with a passion for and commitment to international development who demonstrate academic excellence and relevant professional experience.
• We especially want to hear from those with the drive and ambition to help developing countries address their most pressing challenges in the quest for social, environmental and economic progress.  

Eligibility

• OPEC Fund Member Country national
• Be 30 years of age or younger at the time of application
• Have obtained at least a Master's Degree from a reputable university
• Excellent Academic performance 
• Be fluent in English
• Proficiency in one or more languages is desirable
• Have a minimum of 3 years of work experience
• Specialize in a field relevant to the OPEC Fund’s operations such as Engineering, Economics, Finance, Business Administration, Information Technology, Law, Human Resources, and any other relevant discipline
• Ability to work in a global and culturally diverse institution
• An understanding of the OPEC Fund’s mandate
• Willingness to serve the OPEC Fund, if selected, for a minimum of two years upon completion of the Program.

Application Essay

• The OPEC Fund works in cooperation with developing country partners and the international donor community to stimulate economic growth and alleviate poverty in all disadvantaged regions of the world. It does this by providing financing to build essential infrastructure, strengthen social services and promote productivity, competitiveness and trade.
• The OPEC Fund's work is people-centered, focusing on projects that meet basic needs – such as food, energy, infrastructure, employment (particularly relating to MSMEs), clean water and sanitation, healthcare and education.
• In fewer than 1,000 words, please write an original essay addressing:
  • The potential of development actors such as the OPEC Fund to help developing countries overcome obstacles to social, environmental and economic progress
  • How you would hope to contribute to development if you were selected to work for the OPEC Fund.
• You may focus on a region or set of countries and / or your area of expertise to formulate your essay.

What does the YPDP offer?

• In short, the YPDP offers training, coaching and mentoring, the opportunity to experience different fields of work and to access professional networks. The program equips young professionals with the skills and knowledge to meet the minimum requirements for an entry-level position with the OPEC Fund.
• The YPDP will enable young professionals to develop an appreciation of how different departments / units contribute to the OPEC Fund’s overall strategic and operational goals.
• Under the structured talent management program, participants will have the opportunity to contribute to achieving the OPEC Fund’s vision of a world where sustainable development is a reality for all. 
• YPDP participants will gain valuable on-the-job experience, a wide range of relevant learning and developmental opportunities, rotation among different departments and benefit from a coaching/mentoring arrangement.
• After participants have successfully completed the two-year program, they may be offered a job at the OPEC Fund, based on their performance and the business need. 

Application Closing Date
15th December, 2022.