Description

IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

IFC’s Environment, Social and Governance Department (CEG) is seeking to recruit an extended-term consultant (ETC) with experience to support and assist the CEGLAC team with appraisal and supervision activities of Financial Intermediaries (FI).

Roles and Responsibilities:
• Appraising new Financial Intermediary investment proposals and supporting IFC’s Financial Institution Group throughout the project preparation on E&S requirements;
• Reviewing legal agreements and project operation documents to insert and provide applicable E&S requirements and language;
• Providing expert advice and communicate IFC requirements to private sector clients and investment staff to achieve positive sustainable development outcomes;
• Supervising environmental and social performance of specific allocated FI projects;
• Assisting in the delivery of annual supervision work plans for projects including coordination with regional departments;
• Maintaining and updating IFC management systems and tools relating to FI investments;
• Designing and delivering of learning programs on sustainability and environmental risk management for FIs and IFC staff;
• Working on the development of tools, checklists and guidelines to improve efficiencies of project processing and enable improved client management of environmental and social issues;
• Working with other IFIs to synergize efforts on FI training and capacity building and harmonization of requirements on projects.

Selection Criteria

• Master degree in relevant discipline (environmental, social sciences, science, engineering, law).
• Minimum of ten years of practical experience in environmental and/or social management and assessment, including experience in the financial sector.
• Must understand the concept of management systems in general, and environmental management systems in particular.
• Experience with international banks and/or bilateral/multilateral development institutions.
• Ability to develop analyze and articulate project issues.
• Ability to diagnose problems and propose reliable solutions both internally and externally.
• Ability to review and comment legal agreements.
• Ability to organize and control KPIs.
• Knowledge of private sector environment in different countries, in particular, banking.
• Familiarity with financial sector products and how they operate.
• Familiarity with IFI approaches to FIs and their development agenda.
• Experience/familiarity with indicators capturing effectiveness of environmental and social management in the context of FIs.
• Experience and familiarity with the IFC Performance Standards, IFC Project Cycle and Systems.
• Experience working in developing countries, preferably in Brazil and LAC;
• Excellent English communication and presentation skills. Additional language skills, especially in Portuguese and Spanish, are advantageous.
• Ability to operate as a member of a multi-disciplinary and multi-cultural team.
• As a representative of the World Bank Group, all professional activities are expected to be consistent with our Core Values: personal honesty, integrity, commitment, working together in teams – with openness and trust; empowering others and respecting differences; encouraging risk-taking and responsibility; enjoying our work and our families.
• The key outputs to be provided by the consultant include inputs into IFC’s standard project documents including appraisal and supervision documents, supervision mission Back-to-Office Reports, ad-hoc inputs to team initiatives and others as needed. 

World Bank Group Core Competencies

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