About this role
<p> </p> <table class="Table"> <tbody> <tr> <td style="padding:0.1px 0.1px 0.1px 0.1px"> <table> <tbody> <tr> <td> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"><span id="cke_bm_8310S" style="display:none"> </span>Department/Unit:</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif">Date of Issuance: </span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif">Deadline of Applications:</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif">Required Languages:</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif">Contract Type:</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif">Grade:</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif">Job Category:</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif">Recruitment Status:</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif">Contract Duration:</span></p> </td> <td> <p> </p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"> Corporate Services / Human Resources Unit / Payroll, Comp. & Benefits Function </span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"> December 18, 2025 </span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"> Interviews will be conducted on a rolling basis, and the position will remain open until filled.</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"> English </span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"> Fixed Term Contract </span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"> H1</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"> Managerial </span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"> International /<span style="color:black;background-color:white"> </span><span style="color:#b22222"><span style="color:black;background-color:white">Local**</span></span></span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"><span style="color:#ff0000"> </span>Two-year fixed term appointment, with the possibility of renewal.</span></p> <p><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"> </span></p> </td> </tr> </tbody> </table> <p style="text-align:center"><span style="font-size:10.0pt;font-family:arial, helvetica, sans-serif"><span style="color:#b22222"><strong><u>This is a re-opening of the vacancy. Candidates who already applied do not need to re-submit their application.</u></strong></span></span></p> <p style="text-align:center"> </p> <p style="text-align:center"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">*Please note that the recruitment modality for professional positions (international or local) will be determined in line with the OPEC Fund’s policies and procedures, and based on the candidate’s nationality and residency status at the time of appointment.</span></p> <p style="text-align:center"> </p> <p style="text-align:center"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt;color:#151b6f">While all nationalities are eligible for this role, nationals from the Member Countries of the OPEC Fund for International Development are strongly encouraged to apply. The Member Countries are: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, United Arab Emirates, and Venezuela. </span></p> <p> </p> </td> </tr> </tbody> </table> <p> </p><table> <tbody> <tr> <td> <p style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px"><strong><u>Job Profile:</u></strong></span></span></p> <p style="text-align:justify"> </p> <p style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">The Head of Total Rewards is responsible for the design and implementation of a comprehensive, organization-wide compensation strategy that aligns with the OPEC Fund’s objectives of ensuring a fair and competitive employee rewards program. This role ensures that compensation and benefits policies are in line with the organization's HR strategy and enhanced on a continuous basis. The position oversees payroll, compensation and benefits, employee administration, and employee offboarding. The incumbent leads a team at the headquarters in Vienna. </span></span></p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px"><strong><u>Duties and Responsibilities:</u></strong></span></span></p> <p style="text-align:justify"> </p> <p style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px"><em>Strategic Responsibilities</em></span></span></p> <ul> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Drives continuous improvement in the Total Rewards strategy to position the OPEC Fund as an employer of choice. </span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Collaborates with the HR Director to develop and implement a modern Total Rewards strategy aligned with organizational goals. </span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Standardizes and streamline processes to enhance efficiency and effectiveness. </span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Provides expert advice on total rewards and well-being policies. </span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Leads key initiatives and projects to enhance remuneration and reward systems</span></span></li> </ul> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px"><em>Benefits Management </em></span></span></p> <ul> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Designs, reviews, and implements benefit programs and communications</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Analyzes market trends to optimize benefits offerings</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Ensures policies align with organizational needs and recommends changes</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Conducts impact assessments for policy revisions</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Monitors benefit utilization, financial impact, and sustainability</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Serves as the escalation point for benefits inquiries and provides policy recommendations. </span></span></li> </ul> <p style="text-align:justify"> </p> <p style="text-align:justify"><em style="font-family:Arial, Helvetica, sans-serif;font-size:14.0px">Compensation & Reward Management </em></p> <ul> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Market Analysis: Conducts salary benchmarking and provides data-driven insights</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Program Development: Implements competitive and performance-driven compensation structures</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Policy Compliance: Ensures adherence to labor laws and internal policies</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Salary Administration: Oversees payroll coordination and policy adherence</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Stakeholder Guidance: Trains HR staff and advises leadership on compensation matters</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Benefits & Allowances: Conducts periodic reviews and recommend enhancements</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Budget Planning: Supports salary, allowance, and benefits forecasting. </span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Health & Wellness: Manages and/or supports medical insurance, wellness programs, and employee support initiatives</span></span></li> </ul> <p style="text-align:justify"> </p> <p style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px"><em>Audit & Compliance </em></span></span></p> <ul> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Ensure compliance with reward policies and regulatory standards</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Leads salary benchmarking, incentive plan management, and internal equity analysis</span></span></li> <li style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Addresses audit findings with sustainable solutions</span></span></li> </ul> <p style="text-align:justify"> </p> <p style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px"><em>Policy & Procedure Development </em></span></span></p> <ul> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Maintains and updates policies, standard procedures, and benefits documentation</span></span></li> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Oversees medical insurance plan reviews and renewals</span></span></li> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Benchmarks remuneration policies and implements new benefit programs as needed</span></span></li> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Ensures accurate record-keeping and serve as the escalation point for complex benefits issues</span></span></li> </ul> <p> </p> <p><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px"><em>Stakeholder Engagement & Leadership </em></span></span></p> <ul> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Represents HR in management meetings and external forums</span></span></li> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Oversees budget planning for total rewards</span></span></li> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Provides expert guidance on budget analysis and utilization</span></span></li> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Fosters strong partnerships with employees and managers</span></span></li> </ul> <p> </p> <p><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px"><em>Team Management & Leadership </em></span></span></p> <ul> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Leads, coaches, and mentors the Total Rewards & Well-being team</span></span></li> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Sets clear expectations, provides feedback, and drives high performance</span></span></li> <li><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Addresses performance gaps and supports professional development</span></span></li> </ul> <p style="text-align:justify"> </p> <p style="text-align:justify"><span style="font-family:Arial, Helvetica, sans-serif"><span style="font-size:14.0px">Performs any other related tasks as assigned by the HR Director to contribute to the success of the HR function. </span></span></p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> <p style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif"><u><strong>Qualifications and Experience:</strong></u></span></span></p> <p style="text-align:justify"> </p> <ul> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Master’s degree in Human Resources, Business Administration, Economics, Mathematics, Statistics, or closely related field with at least 10 years of relevant professional experience, of which five (5) years should have been from international financial or development institution</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Bachelor’s degree in the in Human Resources, Business Administration, Economics, Mathematics, Statistics, or closely related field with at least 15 years of progressively responsible relevant experience, of which five (5) years should have been from international financial or development institution, may be considered in lieu of a Master’s degree</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">At least five (5) years of managerial work experience is required</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">In-depth and thorough knowledge of compensation & benefits concepts, principles of salary administration, benefits, including market best practice is required</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Experience in HR policy and HR operations is highly desirable</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Ability to work independently, apply analytical and quantitative skills to identify issues or problems</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Ability to identify and offer suggestions for improvements, and collaborate to ensure integration with other policies, systems, and practices</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">In-depth knowledge of relevant technologies, business processes, or platforms is essential</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Demonstrated knowledge of HR-related areas beyond compensation and benefits to facilitate connections with the broader department and institution</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Ability to organize, prioritize, and deliver timely under high pressure</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Extensive knowledge and expertise in Total Rewards, enabling skilled operation of the OPEC Fund's HR practices, procedures, and programs is essential</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Ability to identify and diagnose needs. Ability to facilitate and implement interventions in order to address needs and drive change </span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Ability to collaborate effectively with highly diverse colleagues</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Ability to communicate clearly with diverse audiences, including non-technical audiences</span></span></li> <li style="text-align:justify"><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif">Fluent in English. Good working knowledge of Arabic, French or Spanish is an added advantage</span></span></li> </ul> <p style="text-align:justify"> </p> </td> </tr> </tbody> </table> <p style="text-align:justify"> </p><p><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif"><strong><u>Competencies</u></strong></span></span></p> <p> </p> <ul> <li><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif"><strong>Subject Matter Knowledge - </strong>The in-depth understanding and expertise in specific fields relevant to the OPEC Fund's operations and the individual's role.</span></span></li> <li><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif"><strong>Collaboration and Teamwork - </strong>The ability to effectively work with colleagues, stakeholders and partners to achieve shared goals.</span></span></li> <li><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif"><strong>Customer Centricity</strong> - The ability to focus on comprehending and addressing customer needs; consistently deliver exceptional service and foster strong, lasting customer relationships. </span></span></li> <li><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif"><strong>Decision making - </strong>The ability to analyze information comprehensively to make well-informed decisions; assess both immediate and long-term ramifications. </span></span></li> <li><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif"><strong>Problem Solving Ability</strong> - The ability to identify issues adeptly, delve into root causes, and devise pragmatic solutions; demonstrate ingenuity and resourcefulness in overcoming challenges. </span></span></li> <li><span style="font-size:14.0px"><span style="font-family:Arial, Helvetica, sans-serif"><strong>Trustworthiness, Ethics & Governance</strong> -The ability to act with integrity and transparency; safeguard confidentiality; demonstrate ethical decision-making and interactions; to adhere to organizational regulations and ethical benchmarks, foster a culture of compliance and strong governance; ensure team members understand and adhere to protocols. </span></span></li> </ul>