I have to think that post isn't meant to be removed -- were those V-shaped pins screwed into the post? If they're permanent, they act as an anchor. Unless the stuff on the other side comes off, it's there forever. It is possible the shutter was not meant to be serviced to this extent -- planned obscolescence!
I would disassemble as much as possible, soak it good in cleaner, lube and reassemble and see how it goes. You'd be amazed how many folks fix shutters just by taking the glass out, soaking the whole thing in lighter fluid, and letting it dry.